How does BTCrow work? I looked at the site and I didn't see anything about what type of funds it accepts?
Is this right: The buyer pays BTCrow money, then the seller sends the funds directly to the buyer, then BTC releases the money to the seller?
Yes it is right, Buyer (Bitcoin holder) sent funds to our escrow services. Then Seller (other curency holder) ,once saw that the bitcoins have been received and confirmed into the escrow, send the $ to the buyer. Once buyer receive the funds or after a determined period by both party, he can now release the funds.
We accept only bitcoins for the moment, that's why the buyer (bitcoin holder) always initiate the transaction. So we do only hold bitcoins not other currency. but it works for the current transaction into this thread.