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Author Topic: Going Escrow Rate?  (Read 555 times)
Philb (OP)
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April 25, 2013, 02:32:10 AM
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I am doing a little research for a new project and was wondering what you think are reasonable escrow fees.  Also, do most people normally take the fee out of the sellers cash payment (ie sold for 1500$ and only receive 1475$) or the buyers total amount (ie bought 10btc and only receives 9.Cool.

Thanks for all your help!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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April 25, 2013, 03:21:27 AM
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Someone is charging 1.5% to 2% on transactions below 5000 BTC. I'm thinking of offering 1% for larger ones. And then there are the "free" ones which you just donate or tip later.

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April 25, 2013, 03:24:51 AM
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Someone is charging 1.5% to 2% on transactions below 5000 BTC. I'm thinking of offering 1% for larger ones. And then there are the "free" ones which you just donate or tip later.
This true. I do escrow myself, and I normally go the tipping route for below 50BTC tx's, and a 1.5-2.5% depending on the complexity for above 50BTC.
Philb (OP)
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April 25, 2013, 03:50:50 AM
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Someone is charging 1.5% to 2% on transactions below 5000 BTC. I'm thinking of offering 1% for larger ones. And then there are the "free" ones which you just donate or tip later.
This true. I do escrow myself, and I normally go the tipping route for below 50BTC tx's, and a 1.5-2.5% depending on the complexity for above 50BTC.

Dabs and JohnK thank you for your input!
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April 25, 2013, 03:55:54 AM
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2.5%

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