Selling using Escrow transactions | Bitcointalksearch.org

Itun

full member

Activity: 238

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Quote from: kajunkennyg on December 04, 2013, 05:42:45 AM

Quote from: TookDk on December 04, 2013, 05:15:53 AM

Try look at this thread:

https://bitcointalksearch.org/topic/list-bitcointalks-escrow-providers-ranking-blacklist-avoid-scam-276897

Thanks for this post. I've been hoarding my btc's for a while. I think I'll start using them to buy goods/services. Is there a master list of merchants on this site somewhere?

Haha I don't think there is a master list of merchants.

But the market place section of this forum is probably what you're looking for.

https://bitcointalk.org/index.php?board=5.0

kajunkennyg

newbie

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Quote from: TookDk on December 04, 2013, 05:15:53 AM

Try look at this thread:

https://bitcointalksearch.org/topic/list-bitcointalks-escrow-providers-ranking-blacklist-avoid-scam-276897

Thanks for this post. I've been hoarding my btc's for a while. I think I'll start using them to buy goods/services. Is there a master list of merchants on this site somewhere?

TookDk

legendary

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One coin to rule them all

No problem

Satuae

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Quote from: TookDk on December 04, 2013, 05:15:53 AM

Try look at this thread:

https://bitcointalksearch.org/topic/list-bitcointalks-escrow-providers-ranking-blacklist-avoid-scam-276897

Thanks for that. It is a helpful list.

TookDk

legendary

Activity: 1960

Merit: 1062

One coin to rule them all

Try look at this thread:

https://bitcointalksearch.org/topic/list-bitcointalks-escrow-providers-ranking-blacklist-avoid-scam-276897

Tomto31

newbie

Activity: 9

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Quote from: Light on December 04, 2013, 04:48:29 AM

Quote from: redwoods on December 04, 2013, 04:43:58 AM

read as selling BTC !, how does one use it ?

Escrow basically works like this: you don't trust the person you're trading with enough to outright trade with them so both instead trust a third-party. One party stores whatever their trading (in this case BTC) with the third-party while the other party sends their good/service/money etc. From here, if both sides agree then the BTC is released from the third-party to the party meant to receive. However, if there is a dispute then arbitration occurs with the third-party deciding who is correct and who should receive the BTC.

Where can I find a list of reliable escrow service providers?

redwoods

newbie

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Thanks Light, where or who would you go to set it up ? I assume whomever is 'ecrowing' charges a fee ?

Light

hero member

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Circa 2010

Quote from: redwoods on December 04, 2013, 04:43:58 AM

read as selling BTC !, how does one use it ?

Escrow basically works like this: you don't trust the person you're trading with enough to outright trade with them so both instead trust a third-party. One party stores whatever their trading (in this case BTC) with the third-party while the other party sends their good/service/money etc. From here, if both sides agree then the BTC is released from the third-party to the party meant to receive. However, if there is a dispute then arbitration occurs with the third-party deciding who is correct and who should receive the BTC.

redwoods

newbie

Activity: 52

Merit: 0

Quote from: DannyHamilton on December 03, 2013, 03:03:48 PM

That depends on what you are selling and which escrow service you choose to use.

read as selling BTC !, how does one use it ?

hazyrazors

newbie

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I also am curious. Creating a trustworthy escrow service seems healthy for the community and a good way to make a profit.

DannyHamilton

legendary

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That depends on what you are selling and which escrow service you choose to use.

redwoods

newbie

Activity: 52

Merit: 0

How does escrow work and how easy it is to set it up for selling ?

Topic: Selling using Escrow transactions (Read 549 times)