Create Escrow
The buyer or seller clicks the Create Escrow Transaction button in the menu and enters the transaction information and options.
In a vast and always changing world of cryptocurrencies, the safety of your coins is paramount.
+ Create Escrow TransactionEscrow data is encrypted using government standard AES encryption.
For every completed escrow transaction users build their trust score - see at a glance if the other party is new to escrow or a seasoned pro.
Automatic payout once escrow is released means you get paid immediately, no more waiting hours or days for your escrow agent to send you your funds.
“I was doing a 20 BTC transaction with a new seller, SetEscrow made sure I was protected in case anything went wrong. Thanks guys!”
Ken JohnsonThe buyer or seller clicks the Create Escrow Transaction button in the menu and enters the transaction information and options.
The buyer receives an email inviting them to the escrow. Once they review the escrow settings they send the coins if they agree to the terms of the transaction. At the same time the seller receives an email with a link to monitor the status of the escrow transaction.
Once funds are received the seller ships the product or performs the service, etc. The buyer then has an inspection period to receive and inspect the product. If they are satisfied they release the funds to the seller or if there is a problem they can raise a dispute instead. For full details on the dispute process see our detailed help section.