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Title: What is escrow and why do I need it in Cryptoland? Post by: RJX on May 21, 2016, 02:51:20 PM Not much to add there. Newbs usually find out too late so why not tell them before they get burned?
I'll start with wikipedias definition: https://en.wikipedia.org/wiki/Escrow (https://en.wikipedia.org/wiki/Escrow) Title: Re: What is escrow and why do I need it in Cryptoland? Post by: dsattler on May 21, 2016, 05:19:50 PM Not much to add there. Newbs usually find out too late so why not tell them before they get burned? I'll start with wikipedias definition: https://en.wikipedia.org/wiki/Escrow (https://en.wikipedia.org/wiki/Escrow) Selling or buying with escrow is easy - on Bitify! They have a great 30-day buyer protection, check it out! (referral link in my sig) Title: Re: What is escrow and why do I need it in Cryptoland? Post by: bitbaby on May 22, 2016, 03:13:47 AM You think this hasn't been suggested before? https://bitcointalk.org/index.php?topic=133931.0 This has been told and repeated several times but very people pay attention, it is also vital to add to this that if the amount of trade is big then hire more than one for a multisig address escrow, which adds more security, since there has been instances where escrows itself ran with user's funds, master-p for example.
Title: Re: What is escrow and why do I need it in Cryptoland? Post by: dsattler on May 22, 2016, 07:49:36 AM You think this hasn't been suggested before? https://bitcointalk.org/index.php?topic=133931.0 This has been told and repeated several times but very people pay attention, it is also vital to add to this that if the amount of trade is big then hire more than one for a multisig address escrow, which adds more security, since there has been instances where escrows itself ran with user's funds, master-p for example. Thanks for sharing this link! Title: Re: What is escrow and why do I need it in Cryptoland? Post by: super5star on May 22, 2016, 08:18:54 AM Not much to add there. Newbs usually find out too late so why not tell them before they get burned? I'll start with wikipedias definition: https://en.wikipedia.org/wiki/Escrow (https://en.wikipedia.org/wiki/Escrow) Escrow is to safeguard both buyer and the seller |