Bitcoin Forum

is it safe?

or trusted escrow provider?

Bitify has a unique escrow service. When the money is paid to someone on bitify for an item,it is not paid directly to seller.
Bitify holds the payment until buyer achieves item and express hi satisfaction.
As soon as the buyer is agree to release the escrowed funds,bitify transfers money to seller. So it is a safest way to buy and sell there.

This is might be right, bitify system works like this but there are instances that once the deal was done and the seller and the buyer wants to release the funds from bitify but it takes some times, not on time releasing the funds, you still have to wait several hours and might be day/s. What if you need that money unrgently but they still holding it? There are some reports I heard from that platform that's why escrow from this forum are still the best. In that case I should recommend blankcode, he's one of the trusted escrow here but not including the big 3. His thread https://bitcointalk.org/index.php?topic=2062906.0

Well it is not the most trusted site but i have made some purchases on it and it has always went well. I have not experienced any problems with the sellers on the site, which means that i don't know how escrow works.

It's very similar to localbitcoins. Except i think their timeframe for refunds is a bit longer.

They have a lot of positive reviews. I would not hesitate to use them especially if you are being forced to send first - nothing to lose and everything to gain.

Personally i have never had issues with bitify when purchasing so i can't vouch for how legit or responsive their support system is because every single purchase just goes through seamlessly. But i can say for sure that their deposits and withdrawals system function very well and that's a good sign for a well run business.

They're one of the leading bitcoin escrow sites as well, you can use them with confidence.

As long as you make sure that the goods you receive are legit and not reversible, you are good to go.

But what happens if the buyer is not satisfied? Does that mean that the seller is always screwed, if the goods are non-reversible? Let's say a buyer makes a deal for an account, funds are escrowed, then the buyer changes password on the account without releasing the escrow? Is there any recourse that the seller can take?

At a glance, I prefer to use a trusted human escrow, who can assess the terms of the deal and arbitrate. I don't see how Bitify could rectify the above situation, and a cursory search shows that sellers have absolutely lost money over this.