Bitcoin Forum

Economy => Trading Discussion => Topic started by: joburgtaxi on November 24, 2013, 05:56:09 PM



Title: Escrow Process
Post by: joburgtaxi on November 24, 2013, 05:56:09 PM
Hi

Could someone please explain the mechanics of the Escrow process ?

Thanks


Title: Re: Escrow Process
Post by: dominicwin on November 24, 2013, 06:11:47 PM
You send your funds to a third party, complete your service/product, and then the third party releases the funds to you.


Title: Re: Escrow Process
Post by: monbux on November 24, 2013, 06:17:15 PM
Escrow is the middle man when it comes to a transaction and/or agreement.
You guys both agree on something, escrow clarifies it, everything goes through the escrow.