Bitcoin Forum

Is there any certain requirements?
Not going to charge a fee for escrow.

be VERY trusted.

the end

Availability, free, trusting, are just a few requirements that I would want a new escrow to use. Maybe start of advertising small trades being fast an efficient and work your way up? Good luck if you are a genuine guy, you can never have to many available escrows.


Did all escrows start of 'VERY trusted'?

first do some trades as regular member and become trusted and reputed member
then offer your escrow , in service forum

btw this is not correct forum to ask this question, move you post to correct forum

Though I'm regular escrow agent here, I'm probably the wrong person to ask. I actually created this account as an alt of my main so I could talk shit to other people without tarnishing the rep of my primary account. That being said, we could always use good and honest escrow people. I think there's maybe like a half dozen "go to" people on this forum, but 24/7 coverage isn't always possible. Sometimes we'll get hammered with multiple escrow requests at once, and often times when we're away from our computers.

My advise is to just participate in the forum community for a while. There's really no hard-set amount of time that would qualify you -- you just have to develop a rep as a good trader, or one who offers tech advice to newbies, or contributes meaningful ideas to improve the protocol :)

Good night, and good luck.

TC

Many escrow here is free of charge and contribute a lot of time in this forum! He should have the sense of detecting potential security issues and scams! One small mistake can ruin your reputation completely, like losing escrowed account, disputed terms, offline for a while etc. It is not easy! Stay here longer until becoming hero! Then make your decision!

I want to get trust, but I can't get trust if noone trusts me that i'm trustworthy. I swear noone even trusts me $10 :/.

Spend more time here and contribute actively to the community by making intelligent response. It is never easy to gain trust online but many have already done it. Try offering something to trade with and provide good services to those asking for it. eventually, you can gain a bit of trust and can start offering service to escrow small amounts. Just don't scam.

-translation-
Go and take out loans and repay with collateral like other people do, also use a trusted escrow to hold the collateral so maybe you get some green trust from him

It is highly unlikely that this will even make people trust you. The problem with this is that people can't trust you because you aren't trusted with any amount of Bitcoins that are unsecured.

You have a great trust i see you stat is good maybe some people interesting to use your service

You can start with 0% fee :)

Oh, I'm not planning on making money from escrowing... :D

Tomatocage and others have already provided you with the essentials on how to go about becoming an escrow on this forum but apart from that you also need to show the users that theire funds will be safe, some escrows are providing Trezor wallets for safe keeping of user's funds, others are very technically advanced and keep the funds in cold storage and they have their PGP Keys published so the users can know that they're infact the real person. All this is a part of becoming a successful escrow.

I keep my funds on cold storage on an offline pc and I have a pgp key but still I would NEVER offer escrow services because I don't want to hold any body's funds for if some unthinkable reason they're lost, I'd have to pay them from my own funds and I don't want to take any risks. I prefer to sleep peacefully  :D.

start doing some trade and selling some stuff, go first if necessary, they will leave a feedback anyway, or use an escrow at first

i don't see the problem to be honest, i started in the same way, zero trust at first(we all started with zero trust btw...) by selling altcoin, then i sold some hardware and i gained my little trust

you can do the same, and it is pretty easy

you are basically telling him to buy rep, you should only trade or get loans if you really need them not to build trust to later be an escrow, thats not good advice at all.

being an escrow isn't worth the time. some times you get a tip or so, but most of the top escrows do it for fun. not to gain something from it.

not it isn't, i'm just telling him to gain trust, in the only way you can gain them, by tradind or selling stuff, this isn't buying rep at all, buying good reputation is in the form of extorsion, or dealin with the same guy over and over again

Ohh good luck :)



He not want to get tip, he just qant to help people to trade with safely

Yes you are telling him to buy trust, if you are doing trades or taking loans for the sole purpose of getting trust you are buying trust, if you need those loans or you need to make the trades thats another story.

Yeah that's the point, I think it's fun lol.
I legitimately think it's fun to be an escrow.

the problem is that you can't distinguish between the two, you can not know if he is selling a thing because i need to sell it or because he want to buy trust, so from my point of view if you are simply selling stuff or trade btc with different people you are not buying trust, you are simply earn trust, it does not matter how many times per day you do it

Hey!

Thanks for the reply, do you think I can start escrowing now?
I'm pretty sure no ones gonna trust me with anything over 0.5 BTC, but I gotta start somewhere right?

Do you think people would allow me to do their small deals?

Are you confident enough in storing your bitcoin that you could hold thousands of dollars for someone else and be 100% confident that there is absolutely nothing that could happen to them?  And if they do, do you have the funds to backup anything loss.  Its your responsibility to hold those funds, and if anything happens to them while in your care you are 100% liable to reimburse the buyer for the funds.

I have thought about really getting my escrow business off the ground, but that is quite a bit of responsibility and although I have the funds to cover probably more losses than people would trust me with, I still don't want to have to pay out of my own pocket if anything were to happen.

anyone can be an escrow, you just gotta convince people you are not a scammer

good luck lol

just be trusted and active in the forum..when time goes on you will be getting yout trust increased

What's fun about it? You're potentially offering to hold on to a lot of other people's money that you have been entrusted with. Will it be fun if something goes wrong or you lose funds somehow? You sound quite naive, especially when you disregarded everybody's advice in here and went and started a thread offering to escrow.


Why would anyone trust you with 0.01? They have no reason to and using you defeats the purpose of escrow. How does anyone know you won't just run off as soon as someone sends you 0.5btc or an amount you like the look of? You don't start off by offering escrow, you build your trust and rep over time by doing trades and being an active member of the community. Most escrows should fall into it naturally and if you're an active and trustworthy member people may ask you to escrow deals regardless but announcing that you want to hold onto people's money with no previous experience and zero rep just looks suspect at the least.

firstly be online,
secondly use PGP
only accept amount how can you provide (insurance) -this is necessary if you lost your client's pledge (about your fault like giving wrong address)-
and then trust is coming to you step by step.

Using PGP is not mandatory. You can also use a Bitcoin address for signing.


You first need to be trusted to act as escrow. Not the other way around.

You're right.
That's why I stopped the thread.

I'm sorry for wanting to be an escrow! I'll wait for more rep, and prove your "suspect" thing wrong. Count on it.

Think of what you can do to get some green trusts, and get to the rank of Hero.
People will give you their funds without looking back.

thats a fair bit of naivety you show right there; just because someone is a hero member and has some trust doesnt mean you should blindly trust them with whatever money you have; theres been plenty of scams that happened with similar scenarios, like the recent exit scam by maidak for example.

just be a trusted member and learning from someone who's escrow service
how to be a trusted member ?
try to more contributing  in this forum, might be your name be easy to remember by those people ,

Is there a list of approved escrows on this forum?

there is this thread: https://bitcointalk.org/index.php?topic=108716.0
don't know if its been updated recently though.


it seems this guy went and scammed, no need to bother. looks like he wanted to become an escrow service to scam people anyways.

It is not upto-date. See new one : https://bitcointalk.org/index.php?topic=855778.0.

Yep, and this is why any random person offering escrow without very good reason to should be negged on sight. If you aren't a familiar and very active member, don't have lots of trades or already aren't very trusted by the community then you shouldn't be offering these services. Only a matter of time before someone gets scammed by an 'escrow' and this guy would have run off as soon as he got his hands on an amount he liked.

i hope moderator Lock that thread and create 1 official escrow list
escrow is important to help us from avoid scams

There must not be any official escrow list because if one of the user in the list scams another user, forum will have to take that responsibility. In other words, there should not be any vouch to particular user from the forum to avoid potential big problems.

I asked the same thing weeks ago, answer I got was to be very trusted. And the way you're going to be trusted is to trade which means buy and sell with bitcoin. Perform smooth transactions.

did not have this stats

Trust: -4: -2 / +0
Warning: Trade with extreme caution!
Ignore

to be fair. he scammed and got those ratings AFTER he made this topic.. guess people change when they see opportunity.

i doubt, usually something like this are planned long time before they will happen, i think he was a scammer even before this topic

The irony in this post...

First off, not getting your account hacked and painted with red feedback...

Frankly, your goal should not be to become an escrow. The best escrows on the forum built a name for themselves being trustworthy by completing numerous deals successfully, and by contributing on the forums with solid posts, ideas, feedback, ect. The most trusted and successful escrows are Hero or legendary accounts. So your forum tenure is also a contributing factor of whether or not people will use you. Professionality is also important. Security as well. Lots of things really. Those are just a few.

Negative trust. Who will escrow a negative trust member.
Also i would recommend escrows to put some money in hold to staff/admin lets say 1btc and then escrow thing up to 1btc so we can stay safe. This is one alternative.

It's something good to note that the OP received negative feedback after making this post. If scammers now start working as escrows, this bitcoin community is doomed for sure.

No, make a thread where you offer your service in the marktplace section and wait for some people.
Of course nobody will choose you if you are a new member or have negative trust.

And you need some people that will trust you at your first escrows, than people will automatically come to you.

I am sorry, your negative trust have killed your plans, nobody will patronize you even if you are give out 10% more than any money kept you.