Author

Topic: When is a reasonable time to start an escrow service? (Read 998 times)

legendary
Activity: 1288
Merit: 1007
Build up your trist. Start trading with others in small amounts and show high quality posts and dedication.
legendary
Activity: 1120
Merit: 1038
You don't gain trust to become an escrow.
You become an escrow because you have gained trust.
sr. member
Activity: 266
Merit: 250
How would you start though? Like me, I have no previous trades. And I'm just a full member. I have chance of starting an escrow service right? I think I would need SOME trust first, maybe like 10, and at least a Sr. member before I even attempt.
hero member
Activity: 616
Merit: 500
Get some trust from default list, then make your account be worth more than you could gain by running away with the values, that is, get hero status.
legendary
Activity: 2128
Merit: 1119
Trust does go a long way!  I suppose the hard part is getting those 3 or 4 escrows lined up and done...then it gets easier I would assume.
sr. member
Activity: 364
Merit: 250
Hello!

Thanks for your replies! I will work on building more trust!

Thanks!
hero member
Activity: 751
Merit: 500
You need to build some more trust. There are many people offering Escrow service but only few are legit.
full member
Activity: 126
Merit: 100
It's not depend on your activity!
It's depend from your trust and how people trust you!
hero member
Activity: 742
Merit: 502
Circa 2010
It's not so much about the activity as trust (although obviously most people won't trust a newbie - even with some trust). Posting has no relevance to the trustworthiness of an escrow, it only indicates that an escrow is active and hence able to communicate with clients regularly, which reassures people. You really need a high level of trust and good communication if you wish to be an escrow, and preferably sign your official escrow messages with either a Bitcoin address or a PGP key (which you have posted previously to say it is in fact you). This will help deal with the possible scenario your account gets hacked while you are undertaking escrow.
sr. member
Activity: 364
Merit: 250
Hello,

I am looking to start an escrow service. I do not want to start too early though. When is a reasonable time? 150 Activity? 300? 10 trust? 500 posts?

Thanks!
Jump to: