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Author Topic: Is setescrow.com legit?  (Read 506 times)
Little Mouse (OP)
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June 11, 2020, 03:26:29 AM
 #1

I just have seen this escrow site here- https://bitcointalk.org/index.php?topic=5254622.msg54594518#msg54594518
By searching through google, I found some accusations on reddit. What I am confused is the site was registered long ago. Usually, scammers do not register a domain for years. They have ANN thread here- https://bitcointalk.org/index.php?topic=1418801.0
On the other hand, there is a clone website of setescrow.com which running with setescrow.org domain.

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June 11, 2020, 07:03:00 AM
 #2

Some services start out with good intentions then after some years,  something happens and they start scamming.
"If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck" quote from unknown author
In other words given that you have seen accusations on reddit and their thread. My advice, if you plan to use them, i think it would be wise to avoid.

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June 11, 2020, 01:49:11 PM
 #3

I personally would not experiment with such services, especially since in 4 years of existence they have not gained almost any reputation. Some users appear to have problems resolved after some time, so it is possible that one of the more important factors is the time it takes to resolve a case. This service seems like a one-man operation to me, and as one user say this is maybe not scam service but "it's clearly a poor service".

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June 11, 2020, 10:56:35 PM
Merited by gentlemand (1)
 #4

Using unknown escrow service is almost same like don't use escrow at all. So, escrow is one of last places where I would want to risk with my money.
Seems that this service is quite old already, but not popular at all and there isn't many reviews about them. I can't say that they aren't legit or something, but personally I wouldn't use them, especially when there is many better alternatives in the market

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June 11, 2020, 11:15:36 PM
Last edit: June 11, 2020, 11:27:25 PM by ryzaadit
 #5

Before knowing bitcoin talk and about escrow.

I'm using bitrated as the escrow service, and realize one of the member from bitcointalk have a high reputation on bitrated using (HostFat) as the escrow leader on bitrated.

About Setescrow they have ANN Thread: https://bitcointalk.org/index.php?topic=1418801.0 until now there no negative feedback on the account who published the thread but since the last account activity "March 23, 2019"  better to stay away and looking a personal escrow kinda hard to resolve the problem when the account is not active. Same like bitrated, already not using anymore since a middle 2017 so don't know the activity of the service until know did they already shutdown or still running.

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June 12, 2020, 02:13:19 PM
Merited by Lanatsa (2)
 #6

There are so many reliable escrow where we can choose for and better if we stick to them t make our deals safe and don't expieriment to lessen up the escrow payments since we might gonna broke our pockets for this if we fall from unreliable and scam sites likes this. So beware for such site offering this service guys.

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June 13, 2020, 03:47:46 PM
 #7

What is the benefit of escrow if you do not trust them? If you have doubts, even by 1%, Don’t use it?
Then what would you benefit from being legal, if you don't trust them?
Will the support team be able to help you if a problem occurs?

If you do not have clear answers to all of the above questions, then you risk losing your money, which you can save if you use any trusted escrow method.

Generally, what is the reason that made you search for them or try to use them?

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