[ANN] BTC-Asia.com - Secure Bitcoin Escrows

[ninjaboon]

18 June 2013
www.BTC-Asia.com - a new site that offers automatic bitcoin escrows. Reserving this topic as an official thread for customer support. Our site at www.btc-asia.com will be online within 14 days.

27 June 2013
Our Bitcoin escrow site is online now.
http://btc-asia.com

How It Works:
* Buyer or seller start an escrow transaction
* Buyer and seller confirm their email and bitcoin addresses
* Buyer sends bitcoins to the escrow's bitcoin address
* Seller sends item(s) to buyer (Maximum Shipping Time 60 days)
* Inspection period begins when buyer receives item(s)
* Bitcoins are released to seller (or a dispute is started)

Escrow Fees:
Promotional fee of 0.1% escrow fee (till 31 August 2013 23:59 GMT+8)

Affiliate Program:
Become an Affiliate and share 30% of our escrow transaction fees for each completed transaction you refer to us at https://btc-asia.com/affiliate.php

For questions, contact:
Time zone:       AEST, or GMT +8  (current office time is 9:13 PM)
Business Hours:    9am - 5pm (Malaysia Time)
Email:         admin@btc-asia.com or admin@bitcoinmalaysia.com

[1714795687]

1714795687

[1714795687]

1714795687

[1714795687]

1714795687

[ninjaboon]

reserved

[ninjaboon]

reserved

[ninjaboon]

Hi all, feel free to PM me if you have problems using http://www.btc-asia.com/

[mprep]

Good luck with your escrow business.

[ninjaboon]

Good luck with your escrow business.

@mprep - thanks

[mprep]

Good luck with your escrow business.

@mprep - thanks

No problem. 

[ninjaboon]

Our site had SSL cert error earlier. It's fixed now.

[ninjaboon]

http://www.reddit.com/r/Bitcoin/comments/1haf4l/announcing_btcasiacom_secure_bitcoin_escrows/

[idev]

Is this site related to btcrow.com in some way

[ninjaboon]

Is this site related to btcrow.com in some way

Yes, its related. you see the resemblance?
 

[ninjaboon]

One of the service hung on the site today. It's fixed now, thanks to cryptojoe for the tip.
https://bitcointalk.org/index.php?action=profile;u=120493

[Hfleer]

I like your website, fees are very low.  Should do well, there's posts fairly often with people requesting escrow fast.

[ninjaboon]

I like your website, fees are very low.  Should do well, there's posts fairly often with people requesting escrow fast.

@Hfleer - thanks!

[ninjaboon]

BTC-Asia.com was featured on Euromoney this week
http://bitcoinmalaysia.com/2013/08/23/btc-asia-com-was-featured-on-euromoney/

[ninjaboon]

reviewed on http://www.bitcoinvention.com/bitcoin-in-asia/

[ninjaboon]

In talks with bitmit founder.

[ninjaboon]

featured on e27:
http://e27.co/challenges-and-opportunities-for-bitcoin-startups/

[ngenko]

Here is the comment that I've made to another escrow service:

I talked some time ago with a bitcoin core dev who told me that basically, the escrow service is already embedded in the bitcoin protocol.
Basically, you send BTC to 3 public addresses, and it requires only two privates keys to use the output of the transaction.
In this case, the third party can never use the output without the agreement of a second player in the transaction.
In normal use, the two persons using the service won't need the involvement of the third party to complete the transaction.

Are your using the Bitcoin protocol in this way?

[ninjaboon]

Here is the comment that I've made to another escrow service:

I talked some time ago with a bitcoin core dev who told me that basically, the escrow service is already embedded in the bitcoin protocol.
Basically, you send BTC to 3 public addresses, and it requires only two privates keys to use the output of the transaction.
In this case, the third party can never use the output without the agreement of a second player in the transaction.
In normal use, the two persons using the service won't need the involvement of the third party to complete the transaction.

Are your using the Bitcoin protocol in this way?

I think that's called multisig transactions.
We plan to have this feature soon.