Bitcoin Forum

Other => Beginners & Help => Topic started by: gracesfall on December 13, 2013, 10:30:55 PM



Title: Which escrow service do you favor?
Post by: gracesfall on December 13, 2013, 10:30:55 PM
Since folks are leery of selling to buyers who want to use PayPal, I'm looking for a reliable escrow service w/ low fees and low minimums.

Any recommendations?

Thanks,

Cynthia


Title: Re: Which escrow service do you favor?
Post by: Kluge on December 13, 2013, 10:34:08 PM
Paypal's incompatible with Bitcoin whether you use escrow or not unless the funds are held for >90 days.


Title: Re: Which escrow service do you favor?
Post by: mad4coinz on December 13, 2013, 10:41:17 PM
Since folks are leery of selling to buyers who want to use PayPal, I'm looking for a reliable escrow service w/ low fees and low minimums.

Any recommendations?

Thanks,

Cynthia

I guess the problem is that you can do chargeback with paypal?

Which escrow services do people like to use? Coinbase has received a lot of investment this week.

I've used https://bitbargain.co.uk (https://bitbargain.co.uk) for buying coins, they buy and sell Litecoins as well as bit coins but selling is more difficult and I guess this site is useless if you don't have UK bank account and ID.



Title: Re: Which escrow service do you favor?
Post by: Bowee32 on December 13, 2013, 10:45:23 PM
It is meaningless to use escrow for paypal payments.
The buyer can still chargeback after escrow release the bitcoin.


Title: Re: Which escrow service do you favor?
Post by: gracesfall on December 13, 2013, 10:45:31 PM
Since folks are leery of selling to buyers who want to use PayPal, I'm looking for a reliable escrow service w/ low fees and low minimums.

Any recommendations?

Thanks,

Cynthia

I guess the problem is that you can do chargeback with paypal?

Which escrow services do people like to use? Coinbase has received a lot of investment this week.

I've used https://bitbargain.co.uk (https://bitbargain.co.uk) for buying coins, they buy and sell Litecoins as well as bit coins but selling is more difficult and I guess this site is useless if you don't have UK bank account and ID.



GAH! This stinks. I guess I'm stuck going through my CoinBase account and waiting the however many days it takes them to clear my transfer. I hate that people would even think to chargeback PayPal payments in order to scam Bitcoin sellers. It ruins it for the rest of us.


Title: Re: Which escrow service do you favor?
Post by: Espott71 on December 15, 2013, 05:30:15 AM
John K is probably the best-known one, though I haven't used any escrow before.