Bitcoin Forum

Hi,

I'm new to Bitcoin trading. I was wondering if anyone knows if www.safecoinescrow.biz is legit or a scam.

Thank you.

If you're trading with people on the forums, use escrow from here (preferably OgNasty, Lauda, SebastianJu or any high trusted member). I wouldn't use the service you linked, there is no HTTPS, the domain name can be obtained for free etc. Whoever built this, didn't put much efforts in it.

Sounds and looks like a fake escrow site. Not recommended at all. Don't send any coins to that site.

As mentioned above, trusted escrows on this site are recommended for all your escrow needs. If you intend to engage an escrow on this site, be sure to contact that person on his official thread or profile. Never rely on links or websites provided by whoever you are transacting with.

It's not secure so it's not a safe one. What type of trade you are about to do? You can even go with LBC if you are about to buy or sell bitcoin on your country.
I'll second the motion with what warningsigns said.

If you want to use an escrow service, just use the forum escrows, you can view it here  BitcoinTalk Escrows: Ranking & Blacklist → Avoid scammers! (https://bitcointalk.org/index.php?topic=276897.0)

Base in whois details of this site it's newly created just in November last year so I wonder if how they get customers/users, so it's a no no of using that site.

Site simply looks like shit buddy. Above person said you can use the forum members to be a escrow in the transaction you made. There are some people still working as escrow without getting fees consumption.

I prefer Neotax when I do any gift card purchases with the members in the forum and outside. I prefer him whenever I do the payment in bitcoin. Highly recommended members are Ognasty, SebanstianJU and Lutpin.

Those guys are usually asking for huge fees. It is fine if you are tading large amounts of money or making an ICO but if you need to exchange smallet amounts of money (up to couple hundred USD worth of bitcoins) the escrow fee and transaction fees may be the same as the traded amount of money. For smaller amounts it is better to use localbitcoins as an escrow.

Its name is even fishy, don't trust such websites that are claiming they are safe in escrow services without proof.

Did someone that you were trading with tell you to go on this site to complete your deal?

If that is true, then the guy you were dealing with was running this escrow scam. Basically he'll request escrow, and recommend this particular escrow which is probably run by himself or one of his buddies, and once you deposit bitcoins into that site, you'll get scammed.

The legitimacy of the site is 100% scam. No questions about it. The design is poor and there's only like 4 pages in total on the site.

If you want legit escrow, use one of the on-forum ones, there are lists of them in services.

Obviously this is scam site dont have https means that is unsecured site, i will recommend to look high profile/rank member in this forum to be the middleman if you want to trade for someone much secured and fast transaction just paying smaller fee is much better than taking big risk using that site.

Nope... When a site's header is called the "trusted escrow service", you know that it's not trusted :D

Reading over their FAQ, apparently they claim to be a regulated company under the UK:


Wait... Where's the further details?? ??? It just ends there for no reason.

This is definitely a scam attempt. A poorly made site with no history whatsoever. That's worse than you sending first to a newbie, because you have no chance of getting your money back and you have full trust in them to secure your deal.

Are you wanna hire the hacker for the service and they recommended you use this safecoinescrow web?

- The website looks like a blatant scam.
 - The design,the interface,everything is just too horrible to trust them with anything.Legit looks like something a 12 year old would build in as his first HTML/CSS projects.
 - Using third party escrow services is as risky as trading with the strangers involved.You should always find a legit human to act as an escrow behind the trade who is trusted enough to hold the volume of your funds.

Joel always be right in understanding the projects, but still looking to know why he answered to the dead thread. There are few escrow service projects comes to the market from the past few months.
If anyone looking to have escrow for any kind of trade expect account sale. Here Ognasty is there in the forum. who is the right person to handle the trade with 100 percent trustworthy. Next to him, I would go with Neotax who is been long time friend for me here on the forum and outside.

Just adding this thread for list of trusted escrow just found in my bookmark here check it https://bitcointalk.org/index.php?topic=855778.720
And its still active thread you can ask more about trade or Deal to someone for safety when dealing to untrusted members of this forum..
Always make sure to use them there are lots of scammers now a days.. The big 3 would be the best choices if you deal a large value or amount of bitcoin..

One trusted escrow posted before me. [Edit: Seems he deleted his post] Yes, you can use Ognasty's service here. Personally I prefer SFR10 or minerjones for escrowing.
Also you have to understand that usually .biz .in .tk and similar domains aren't used by legit websites, everyone almost uses .com and also even so long names tells you itself how good that website will be.
What about to use escrow.com? Shelbyescrow? Haven't used but have heared some good reviews, check before use.