Bitcoin Forum

Economy => Trading Discussion => Topic started by: xxv2012 on July 10, 2015, 01:32:15 AM



Title: i want to know what is the escrow in the site
Post by: xxv2012 on July 10, 2015, 01:32:15 AM
hello everyone,,

i want to open thread to sell visa card for paypal active in this website and i read the rules and one point i did not understand it

it is about escrow i will sell visa card how it can be the escrow ??


Title: Re: i want to know what is the escrow in the site
Post by: achow101 on July 10, 2015, 01:43:24 AM
First of all, this is a BITCOIN site. You aren't going to get any business if you are selling things for PayPal.

As for escrow. How escrow works is that the buyer will send the amount of Bitcoin to be paid to a trusted third party called an escrow. Then the seller (you) will send the item. If the buyer receives the item and it is what he agreed to pay for, he will tell the escrow to release (forward) the Bitcoin to the seller. If the buyer disagrees with something about the item and wishes to dispute what you sent, then the escrow will mediate discussion and decide whether to send the funds to the buyer, seller, or some to both. Sometimes with digital goods, the escrow will receive the digital good and check whether it is what the buyer is paying for. If it is, he will forward the good to the buyer and the bitcoin to the seller, otherwise there will be a dispute.

BTW, this belongs in the marketplace section.


Title: Re: i want to know what is the escrow in the site
Post by: xxv2012 on July 10, 2015, 02:41:56 AM
i see someone who sale things other than bitcoin in the market (league of legend) i am not receive the money in paypal i will receive the money in bitcoin ,, can i open thread with escrow for active paypal accounts using my visa cards ?


Title: Re: i want to know what is the escrow in the site
Post by: achow101 on July 10, 2015, 02:50:26 AM
i see someone who sale things other than bitcoin in the market (league of legend) i am not receive the money in paypal i will receive the money in bitcoin ,, can i open thread with escrow for active paypal accounts using my visa cards ?
So you're saying that you are selling visa cards that can be used with paypal for Bitcoin.

Just create a thread and say that you will accept escrow. Let the buyer choose the escrow and then you make sure that the escrow is trusted. The list of trusted escrows is here: https://bitcointalk.org/index.php?topic=108716.0. The deal will typically be carried out through PM unless a dispute is involved.


Title: Re: i want to know what is the escrow in the site
Post by: Uuno on July 22, 2015, 01:20:25 PM
Not sure about your products but I can recommend @OgNasty as escrow service provider.


Title: Re: i want to know what is the escrow in the site
Post by: neurotypical on July 22, 2015, 05:15:46 PM
If you are going to use a escrow from this website which is a good way to go about this, make sure that it has good thrust. There is a small risk of the account being bought by someone with an agenda, but it's unlikely someone with Hero+ status will ruin an account to scam someone for some BTC, considering how valuable a Hero+ account is and how easier it would be to make money by being a good escrow.