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Topic: How to trade safely? - page 2. (Read 1315 times)

legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
January 24, 2016, 04:16:29 PM
#4
Use escrow?

There is a topic that explains everything:

https://bitcointalksearch.org/topic/prevention-is-better-than-a-cure-please-escrow-133931

But of course escrow doesn't mean the trade is 100% safe
Recent events -especially master-p case shows that you can never be sure when dealing with escrows.
Try to pick some really old and respected escrows who are in escrow business for long time.
legendary
Activity: 1073
Merit: 1000
January 24, 2016, 03:47:10 PM
#3
Use escrow?

There is a topic that explains everything:

https://bitcointalksearch.org/topic/prevention-is-better-than-a-cure-please-escrow-133931

But of course escrow doesn't mean the trade is 100% safe
sr. member
Activity: 518
Merit: 250
January 24, 2016, 03:45:38 PM
#2
Usually such trade is made using a middleman, escrow. The escrow has to be trusted by both parties.  Trades of currencies can also take place on bitcoin exchanges, this cuts out the middleman and person. Alternative trade is in real life
member
Activity: 78
Merit: 10
January 24, 2016, 03:40:47 PM
#1
I want advice how one can trade safely with someone so both parties will fulfill their part? Examples of trades are

If person A wanted to buy person B's member account for 0.05BTC
If person A wanted to trade 1BTC for an equivalent amount in litecoin from person B

if person A sent his BTC payment to person B in either scenario how can we prevent B from not fulfilling its part. Ideally their should be a way for both involved in the agreements to do their parts at the same time.
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