Escrow explained

[OcTradism]

I give you some minor help for your table format.

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Thread

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Username

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Fee

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Escrow thread

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OgNasty

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1%

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Escrow thread

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DarkStar_

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0.7% or 0.0005 BTC

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Escrow thread

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DevawnM367

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individual

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Escrow thread

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yogg

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1%

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Escrow thread

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TookDk

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1% or Free*

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Escrow thread

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Bl4nkcode

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1 - 2 %

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Escrow thread

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SebastianJu

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Free

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Escrow thread

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krogothmanhattan

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1%

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[Wenbing]

Still, irrespective of how it's recommended to employ the service of an escrow when transacting on the forum, you should be very cautious when choosing the escrow to use. If you get a suggestion from the other party, make sure it's a very trusted individual with no history of untrustworthy behavior before you accept to use his service.

Cautiously, any user without a previous record of escrow services or have not carried out countless amount bof successful transaction involving funds to be deem worthy, shouldn't be trusted. Here's a complete list of escrows on the forum: Few Trusted Escrow Provider, choose wisely.

Great contribution.

Aside from human escrow in place for guarantee financial transaction on the platform is there no automated system that can do the work of an escrow without having to trust a human being in the equation?

[noorman0]

Great contribution.

Aside from human escrow in place for guarantee financial transaction on the platform is there no automated system that can do the work of an escrow without having to trust a human being in the equation?

Many, this will be the same as online stores like Amazon or specifically digital goods like p-store.net. Amazon will save the buyer's funds while instructing the seller to send the item. After the item is confirmed in the hands of the buyer according to the description, Amazon will release the funds to the seller.

But automatic escrow is certainly not recommended. Some systems have bugs that can be manipulated by users.

[madnessteat]

Many escrow on the forum have a good reputation and have been engaged in this case for not a single year and most of them are interested not in earning, but to reduce fraud on the forum.

I always stick to the rule - instead of one big deal, I spend a few small so that in case of fraud not to lose a lot.