Bitcoin Forum

Hello all.

I think this quesion has been asked before but I could not find the answer and must ask again now.

So how much can an escrow earn in a month and what are the difficult things of working as an escrow ?

if you use escrow services, you will pay fees for that,,
so, escrow will earn money from that,,
about how much an escrow earn money in a month its Depend on the number of transactions

i hope this can help

I don't know any escrow who says how much they earn by doing this middleman job, but it depends from each escrow, some arre cheaper, some are more expensive and some are free...

But it's not easy to become an escrow, you need to build reputation first and it takes much time. Also, if nobody gives you an opportunity to escrow a transaction, you will never become an escrow.

(The risks are only to hold much money in your hands sometimes, you need to be very responsible to do it).

Its specific case dependend. There are many diffirent escrows more professional ones and more amateur ones.
Price varies from expensive to cheap.
Difficulty is that you decide... god or bad.

So you want to be an escrow someday? Its so hard to get the trust of some people,so being a trusted escrow is too difficult to achieve. But you can try in smaller transactions for free escrow service.and that would be great.

Escrows earn money depending on the number of transactions they handle. So even if you are one of the trusted escrow in the forum but no one is asking for your services or hiring you for their business then no money will go into your wallet. Not all transactions are small anyway like acting as a middle man for a Bitcointalk account, there are also ones who are asking to be an escrow for collectibles, psu's and mining rigs and holding funds for signature campaigns.

It depends, some people are escrowing for trust, which means you get the service basically for free.
That said, escrows usually have a fixed fee, but the prices are very affordable. If you're interested in their services I can tell you it's worth getting an escrow, because it's cheap and relatively safe. If you're planning on being an escrow you won't earn much, because there are already many people working for free.

Yeah they can earn money but I don't think a lot of them do it for the money in the least, as there all big members and trusted members of the community they really do this to help everyone as a whole. Some people will do it just to pay for the time that they use to coordinate everything but that could be a minor part of this entire process. I'd hope that people put trust above the money being made.

Yeah they don't earn a lot but they earn something, that's pretty much all I'm saying.

Trust between people is difficult to be built and easily can collapses. It is normal in bitcoin world because it is trustless when there is a transaction between two parties, and mainly when this is the first transaction between them or the amount is big enough any or both of them to ask for an escrow so that the transaction to be smooth. Sometimes it's an easy task but other it's not. You can find some cases in the forum where there is no agreement between them. Therefore an incentive motivates people who are escrow to do properly this process.

So , can you give an average amout of money that an Escrow earns in a month ?

Yes you can earn money from escrow but the earning is depends on the order, if your trust is big then you can get more job and you will earn more, the rate for escrow is different, some of them charge 0.01 some of them charge according to the transaction percentage, the hard things to do escrow is getting trust

To get this straight -> You can't escrow until you've spent a lot of time on the forum either trading with users or have general reputation.Most of the escrow offer their services for free.

No noone can. It all depends on how much deals you will get, how big your deals are, and all that depends on how trustworthy you are.

Right now you will probably get 0$ through escrowing other people's deals, due to the fact that you have no reputation here on this forum.
It will probably take a long time before you have that reputation to make a decent amount with escrowing..

If you want to become an escrow because you heard it is easy money and very profitable job - it is not exactly true.
It can be a pain in the ass to be an escrow, especially at first when your position and reputation is non existent.
You will have to do escrowing completely for free and hope that your clients will tip you - that is the main source of money for escrow.
Only the most reputable escrows can ask for ~1% of transaction escrowed.

Thank you and also to other all people for your information and advices.

In short, yes through reputation if not through fees.

i have seen in this forum manny escrow are free some of are taking 1% fee. So it depends on quantity of BTC

Being an escrow does not mean that you will earn that  much,  but your gaining trust from other people. And when somebody hire you to escrow cause your already a trusted one maybe you will get a big tip after the trnasaction.