how to use escrow | Bitcointalksearch.org

Gameroid

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Quote from: darewaller on February 19, 2017, 03:12:29 PM

Quote from: OmegaStarScream on February 10, 2017, 06:06:38 AM

An escrow the one who holds the funds for the transaction , assuming you are selling a steam account , the buyer send the funds to the escrow , you(the seller) give the account to the buyer , If he confirms that everything on the account was as you described and It works fine , the escrow release the funds and send you the coins.

Actually that's the definition and though I appreciate that but actually Sylar wanted to know about how can he get started with escrow here, how it works here and what are the best guys for that.
In case Sylar you are yet not sure how to do it please send me a PM and I will try to arrange a genuine escrow for you.

in fact most of the people do not have any idea how to use an escrow. in fact most of the people never use. those people who need to send bitcoin or any other currency or some digital good they know about the escrow service and those people who do not have such affair then the do not know about that.

beerlover

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Quote from: Palodar on February 11, 2017, 08:01:15 AM

Here is a quick a guide for you to use escrow. Escrow is the one who will act as middle within your transaction to other person. You set the agreement with him and then execute it base on what is your terms. The best escrow service here are the DT on the forum. You can their list when you click your trust>trust setting, after that you will the list of the DT. Most on the DT1 are offering escrow service. So goodluck

Yeah but I don't think people like Og and Sebas will go ahead with a little trade and actually for these little trades its rather much better to find a reputable trader in the exchange section and ask their help, though not all would be keen to help.
In case I can be of any help guys please let me know, can help you in escrowing without any fees as I love to help and save newbies from possible scammers since that demotes this community.

darewaller

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Quote from: OmegaStarScream on February 10, 2017, 06:06:38 AM

An escrow the one who holds the funds for the transaction , assuming you are selling a steam account , the buyer send the funds to the escrow , you(the seller) give the account to the buyer , If he confirms that everything on the account was as you described and It works fine , the escrow release the funds and send you the coins.

Actually that's the definition and though I appreciate that but actually Sylar wanted to know about how can he get started with escrow here, how it works here and what are the best guys for that.
In case Sylar you are yet not sure how to do it please send me a PM and I will try to arrange a genuine escrow for you.

raven7886

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Quote from: sylar on February 10, 2017, 05:15:32 AM

We are both noobies on the site and I never used escrow before.
How do I go about this?

You can check the list here and just a reminder mate make sure the escrow you are contacting has green trust because there have been some escrow like master-p and a lot more who scammed. The one escrow service I personally recommend is SebastianJu because he has been among the best when I last had a look at those services.

upsidedown75

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Quote from: Pattberry on February 10, 2017, 03:46:48 PM

Quote from: Rockie1234 on February 10, 2017, 06:29:34 AM

How exactly do you make your own escrow service on this forum? I understand my rank is too low at the moment for people to trust me with escrow, but do you just have to be someone with a legendary rank here? Couldn't someone just buy a trusted account and scam users? And HOW trusted do you have to be?

The members who are trusted by others and has escrowed in the past will be eligible ,you cannot buy a legendary account and start vouching to be an escrow .Members like monbux ,OgNasty,SebastianJu are some of the trusted members who are active at the moment and they have escrowed more than 100 bitcoins in the past.

Though even if someone guys a legendary account they can't sign message from old address and hence no one will use them for escrow service.

OgNasty is one gem to the community and been involved in huge amount of deals and can be easily trusted, while no disrespect to the other escrow people too. If you trade is about involving paypal though don't expect a escrow taking risk at all.

geopolisch

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Quote from: mocacinno on February 10, 2017, 05:59:54 AM

Quote from: sylar on February 10, 2017, 05:48:18 AM

Can you guide me where this services are being offered? Thank you.

This is a starting point:
https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778

But basically, a green trusted hero or legendary member that hasn't changed his email or password, hasn't got "real" negative feedbacks and can sign a message with an old, staked address *MIGHT* be a good escrow... It might be wise to ask for advice if you don't trust somebody that is offering his escrow services tough!

Quote from: User365 on February 10, 2017, 05:51:08 AM

If you sell some digital files, you can use selly.gg, it does quite a good job

The OP isn't asking about an online platform to sell code, he's asking on how to find and use escrows.

While the last was updated before more than a year ago but yeah yet that list gives some useful information. I think selecting a escrow is not that difficult because if the trade is not complicated and you guys both ( both you newbies ) have good understanding you can sort it quite easily. Just find a person you seem to trust maybe even use guys like zazarb and others who are not that highly trusted but quite reputable lenders.

Dudeperfect

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Hi, Welcome to the forum. Using escrow is the best practice to avoid the thread of scammers.

Quote from: Dudeperfect on February 17, 2017, 12:49:10 AM

How Escrow works?

# 1. Buyer or seller requests for this escrow service.
# 2. Escrow confirms the trade details by contacting buyer and seller. [or rejects the request]
# 3. Buyer sends funds to escrow.
# 4. Seller sends the goods to the buyer after escrow's confirmation.
# 5.A Buyer confirms the receipt of goods or service and informs the escrow.
# 6.A Escrow release the funds to the seller.

It is a responsibility of the seller to meet buyer's expectations and buyer's responsibility to ensure the goods or services are as per buyer/seller agreement.

It is a responsibility of the buyer and seller both to give the correct information about the deal, escrow will assume the information is true after getting a confirmation from the buyer and seller.

How Dispute works?

# 5.B Buyer Files Dispute Request.
# 5.B.1. Escrow holds funds with him.
# 5.B.2. Escrow allows buyer and seller to represent their case (72 Hours Max).
# 5.B.3. Escrow cross checks the evidence produced by both the parties.
# 5.B.4. Escrow examine the situation critically.
# 6.B Escrow refunds to the buyer in case of the situation if it's in buyer's favour.
Escrow releases the funds to the seller in case of the situation if it's in seller's favour

A benefit of the doubt will be given to the most trusted member in the deal.
Past trades of both the parties will be considered in this case.

Buyer and seller can mutually cancel the trade before step 6.A
In such case, step 6.B will be performed by the escrow

I am currently giving a reward of 0.0003 BTC to buyer and seller both to use my escrow service. You can try it here,

Dudeperfect's Escrow Service for Micro Trades - https://bitcointalksearch.org/topic/dudeperfects-escrow-service-for-micro-trades-1793296

PokerFace3

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Quote from: sylar on February 10, 2017, 05:15:32 AM

We are both noobies on the site and I never used escrow before.
How do I go about this?

On a site ? I could not understand where and what purpose you are trying to use escrow ?

An escrow must be a known and trusted person for both buyer and seller. You both need to send your payment/goods to escrow and escrow will verify and send your required things.

Not clear still ? Just google you will find many videos on how escrow working.

wintermeasures

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Quote from: sylar on February 10, 2017, 05:15:32 AM

We are both noobies on the site and I never used escrow before.
How do I go about this?

Firstly you Need to Find a Reputable Escrow Service or a Person that Offers Escrow Services and then you need to have a Contact with the other Person you are Trading with and then you can Trade whatever you want by just Paying a Little fees to the Escrow Service......

Idrisu

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Quote from: Palodar on February 11, 2017, 08:01:15 AM

Here is a quick a guide for you to use escrow. Escrow is the one who will act as middle within your transaction to other person. You set the agreement with him and then execute it base on what is your terms. The best escrow service here are the DT on the forum. You can their list when you click your trust>trust setting, after that you will the list of the DT. Most on the DT1 are offering escrow service. So goodluck

I will like to use escrow for my bitcoin and local currency conversions. The escrow is it like insurance or kind of security for bitcoin. the DT1 you said am I going to register with them or just like company that stand between buyers and sellers. Please will need more enlightenment on this as I want to convert my bitcoin to my local currency very soon.

Palodar

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Here is a quick a guide for you to use escrow. Escrow is the one who will act as middle within your transaction to other person. You set the agreement with him and then execute it base on what is your terms. The best escrow service here are the DT on the forum. You can their list when you click your trust>trust setting, after that you will the list of the DT. Most on the DT1 are offering escrow service. So goodluck

passwordnow

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Quote from: sylar on February 10, 2017, 05:15:32 AM

We are both noobies on the site and I never used escrow before.
How do I go about this?

Escrows are your guarantor with your trade here in forum or outside the forum. They will assure you to have a safe trade, especially if you are going to have someone to deal with and you don't have any idea with his trading history. They are a big help to help you stay away from scammers, and those trusted ones are already indicated in this thread.

dothebeats

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Cashback 15%

Escrows hold the item/money in question and would need to ensure that both parties are already okay for the deal and terms are already met and the two parties are good with it. Afterwards, the escrow would release the funds and the item to both parties and they would pay an amount to the escrow for ensuring the smooth flow of the deal. Most trusted escrows in here, such as monbux and SebiastianJu are the usual escrows and has handled trades/deals that are hundreds - thousands of bitcoins.

JeffBrad12

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Quote from: sylar on February 10, 2017, 05:15:32 AM

We are both noobies on the site and I never used escrow before.
How do I go about this?

In this case, you will buy something from the someone else. And you're dealing to use escrow to save your money.
Send your money into the escrow - escrow will check and be saving your money - try to confirm on the seller - seller sends you the product - after you will have received and you make a confirm to the escrow to send your money to the seller.

It's like the middle man to securing your money and decrease the risk on the transaction.

DRaGoN RaNTaRo

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Quote from: Vorth on February 10, 2017, 07:39:14 AM

Mate, escrow is like the middle man or third party of the negotiations between seller and buyer, and so if you look for escrow make some announcement to the service section here, people will give you some options to some trusted people here, who had already experienced things with escrowing funds especially the campaigns here. Many options will be given to you by other people here, it is your choice then, and so better check their details for your own references, green trust, no negative feedbacks, hero or legendary members around here are most trusted one. But then, if you plan to escrow, level up first your account and make some reputation to be trusted one.

The OP understands what an escrow is and so is the reason is asking for one here in this forum,he is not planning to be the escrow Cheesy

he just wants some options Wink

You can check Here to find a list of trusted members who provides escrow services in this forum ,even though it is an old thread some of the users are still active.

Pattberry

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Quote from: Rockie1234 on February 10, 2017, 06:29:34 AM

How exactly do you make your own escrow service on this forum? I understand my rank is too low at the moment for people to trust me with escrow, but do you just have to be someone with a legendary rank here? Couldn't someone just buy a trusted account and scam users? And HOW trusted do you have to be?

The members who are trusted by others and has escrowed in the past will be eligible ,you cannot buy a legendary account and start vouching to be an escrow .Members like monbux ,OgNasty,SebastianJu are some of the trusted members who are active at the moment and they have escrowed more than 100 bitcoins in the past.

eternalgloom

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Quote from: Rockie1234 on February 10, 2017, 06:29:34 AM

How exactly do you make your own escrow service on this forum? I understand my rank is too low at the moment for people to trust me with escrow, but do you just have to be someone with a legendary rank here? Couldn't someone just buy a trusted account and scam users? And HOW trusted do you have to be?

Even people with a legendary rank do not automatically have enough trust to act as an escrow agent on this forum.
You need actual trust for that and if you're going to get trust purely for the sake of getting trust (by getting loans and repaying them for example), it just looks like you're doing it to scam people in the end.

Vorth

full member

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Mate, escrow is like the middle man or third party of the negotiations between seller and buyer, and so if you look for escrow make some announcement to the service section here, people will give you some options to some trusted people here, who had already experienced things with escrowing funds especially the campaigns here. Many options will be given to you by other people here, it is your choice then, and so better check their details for your own references, green trust, no negative feedbacks, hero or legendary members around here are most trusted one. But then, if you plan to escrow, level up first your account and make some reputation to be trusted one.

Rockie1234

sr. member

Activity: 476

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How exactly do you make your own escrow service on this forum? I understand my rank is too low at the moment for people to trust me with escrow, but do you just have to be someone with a legendary rank here? Couldn't someone just buy a trusted account and scam users? And HOW trusted do you have to be?

OmegaStarScream

staff

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An escrow the one who holds the funds for the transaction , assuming you are selling a steam account , the buyer send the funds to the escrow , you(the seller) give the account to the buyer , If he confirms that everything on the account was as you described and It works fine , the escrow release the funds and send you the coins.

mocacinno

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https://merel.mobi => buy facemasks with BTC/LTC

Quote from: sylar on February 10, 2017, 05:48:18 AM

Can you guide me where this services are being offered? Thank you.

This is a starting point:
https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778

But basically, a green trusted hero or legendary member that hasn't changed his email or password, hasn't got "real" negative feedbacks and can sign a message with an old, staked address *MIGHT* be a good escrow... It might be wise to ask for advice if you don't trust somebody that is offering his escrow services tough!

Quote from: User365 on February 10, 2017, 05:51:08 AM

If you sell some digital files, you can use selly.gg, it does quite a good job

The OP isn't asking about an online platform to sell code, he's asking on how to find and use escrows.

User365

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physics, mathematics and engineering

If you sell some digital files, you can use selly.gg, it does quite a good job

sylar

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Can you guide me where this services are being offered? Thank you.

alani123

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You should use the service of s trusted third party that offers such services. Contact him in a PM with all parties involved, and inform the escrow of the terms aflgreed upon.

sylar

newbie

Activity: 20

Merit: 0

We are both noobies on the site and I never used escrow before.
How do I go about this?

Topic: how to use escrow (Read 1462 times)