Topic: What is the procedure to be an escrow ? (Read 1678 times)
Ok guys, thank you for your responses, i appreciate that .....
What is the procedure to be an escrow ?
I doubt anyone will trust a new member to escrow for them. A lot of other members have built up trust over 1-2 years.
My quest was- can i become escrow 
Many Hero members who had provided escrows in the past and even some of them scammed and ran away. You are Jr. member and you need to build reputation before you can escrow and it will take lots of time. Moreover , escrow is not worth the trouble and only limited number of users are trusted on forum.
but why deadly ?
Because first you need show other that you can manage big deal and other will trust you.
Without so many trusted feedback it's not possible.
but why deadly ?
My quest was- can i become escrow
First you need to show that you are trusted.
But what I saw your posting history, I don't think you will be become Escrow.
My quest was- can i become escrow
Q. What is there to protect us from Escrow Agents, if the Agent runs away with the BTC or the whole account?
A. That’s very easy. You need to select an escrow you have confidence in. If you think that you can’t trust the escrow then please don’t use them. Trust your “due diligence” and your gut feeling if you don’t like it don’t do it.
Q. How do you know you can trust an escrow agent?
A. The HT Community has grown over time and certain individuals have gained prestige for escrow services both Large and small. They are Trusted by the community with many past consumer/member reviews in public for all to see.
Standard Escrow Procedures
~If your under $10,000 in total account value, this will probably be the method of Escrow you will opt for and use.
Initiating the Sale / Escrow:
First step for a prospective account buyer,once they see an account they would like to buy they should research Escrow Agents and contact Escrow Agent of choice then have that Agent Contact the seller of the account to set up escrow.
Always ask a seller to escrow with the agent you have chosen from the trusted escrow list.
When buying an account.An interested buyer needs to have the seller contact escrow before anything else happens.
After the deal goes to escrow all communication should go through the Escrow Agent.
Once the Escrow goes live and begins,the buyer and seller, really should not be talking to each other.until the deal is done
The Process:
Buyer Will send BTC to Escrow Agent, Seller will provide and give the accounts detailed information.
Escrow Agent logs in to the account and will change the email address & reset the password & enable 2fa.
The Escrow Agent Must then verify the sellers (Hashing power/hashlets) Are in correct number and order.
Only when the Escrow Agent is satisfied, Does the Agent ask the buyer for the email address He will be using on the account.
The Escrow Agent will then set that email in the account and give full control of the account to the buyer.
Escrow Agents will usually remind a buyer to immediately reset all security features available on an account once an escrow has finished.
After All of the above is done the Escrow agent will send the BTC to the seller in the amount requested minus any fees for the escrow agents services (not all them charge the same)
A. That’s very easy. You need to select an escrow you have confidence in. If you think that you can’t trust the escrow then please don’t use them. Trust your “due diligence” and your gut feeling if you don’t like it don’t do it.
Q. How do you know you can trust an escrow agent?
A. The HT Community has grown over time and certain individuals have gained prestige for escrow services both Large and small. They are Trusted by the community with many past consumer/member reviews in public for all to see.
Standard Escrow Procedures
~If your under $10,000 in total account value, this will probably be the method of Escrow you will opt for and use.
Initiating the Sale / Escrow:
First step for a prospective account buyer,once they see an account they would like to buy they should research Escrow Agents and contact Escrow Agent of choice then have that Agent Contact the seller of the account to set up escrow.
Always ask a seller to escrow with the agent you have chosen from the trusted escrow list.
When buying an account.An interested buyer needs to have the seller contact escrow before anything else happens.
After the deal goes to escrow all communication should go through the Escrow Agent.
Once the Escrow goes live and begins,the buyer and seller, really should not be talking to each other.until the deal is done
The Process:
Buyer Will send BTC to Escrow Agent, Seller will provide and give the accounts detailed information.
Escrow Agent logs in to the account and will change the email address & reset the password & enable 2fa.
The Escrow Agent Must then verify the sellers (Hashing power/hashlets) Are in correct number and order.
Only when the Escrow Agent is satisfied, Does the Agent ask the buyer for the email address He will be using on the account.
The Escrow Agent will then set that email in the account and give full control of the account to the buyer.
Escrow Agents will usually remind a buyer to immediately reset all security features available on an account once an escrow has finished.
After All of the above is done the Escrow agent will send the BTC to the seller in the amount requested minus any fees for the escrow agents services (not all them charge the same)
What is the procedure to be an escrow ?
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