Bitcoin Forum

How much is the usual fee?

Who pays for it?

Some of them offering free escrow. Usually they take 0.5 - 1 % fee

https://bitcointalk.org/index.php?topic=108716.0

Who pays the escrow fee? It's depend on the transaction agreement. Discuss it with your seller or buyer. But in most cases, the buyer pays the fee.

The usual fee is around 1%, there are a few trusted escrow who does free escrow. It all depends on which service you trust, the fees vary based on their quality of service. You can negotiate with your buyer and choose who pay the fees.

Everyone is right about normally around 1.  I would say it varies on how much effort it takes the escrow and time needed for.

and stick to that list justinetime posted above. Use only trusted members for escrow. too many scammers out there.

Some escrows offer free escrow but you should always tip them for doing a free service for you. And either buyer or the seller can pay the fee if you choose a paid escrow, it should be decided prior to trade that who pays the fee.

There are lots of free escrow here.


The buyer or the seller pays for it.

 But it usually looks better if the seller pays.

ok guys, thank you all for your answers. Everything is cleared up now for me.

I'm also thank, on this question.
and answers from all of them. Now I already know, and it would be easy and useful for my future

If you want a list of all the trusted escrows, check this thread:

https://bitcointalk.org/index.php?topic=108716.0

Beware of scammers pretending to do escrow, they will take the thing that they are supposed to be escrowing.

most escrows are free they provide their services for free some want a tip its depend on you how much you want to give as a tip hovever a tip is nice as he gave you his time

You can check old escrow services in that topic, too --> https://bitcointalk.org/index.php?topic=276897.0
Maybe they're still working  :P

Compare it with the ones from the topic that some users posted before and decide  ::)

Recommend devthedev escrow service
Free

Here is an Updated Daily Escrow list : https://bitcointalk.org/index.php?topic=855778.0
Some of them take fees , some of them take tips and some are doing it for free . Now for who pays the fees it depends with who you are trading , the buyer and the seller need to settle things up between each other and decide who is going to pay the fees .

~ Madness

There's probably no better escrow provider in BitcoinTalk than OgNasty.

Just PM him, and let him go to work!

https://bitcointalk.org/index.php?topic=303281.0

Nobody better here than OgNasty, honestly.  Legendary status, sparkling trust history, tons of BTC volume escrowing...

The best.

absolute newbie here - would I want to use escrow when I buy 1 btc, or just for larger purchases?

I would.  Pay escrow 1% at roughly $2 to secure $225 at current rates.  I'd do that 10 out of 10 times.

Better safe than sorry.

some 0.50%-1% of total your transaction
and some zero fee , makesure you choose trusty escrow :)
goodluck.

Are you trying to sell Bitcoins through escrow?

Just use https://www.bitquick.co then. 0% fee.  ;)

Quite often there is no fee. However if there is it is whoever you agree to pay the fee really.