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Author Topic: How about the idea of requesting escrow providers to be more transparent  (Read 195 times)
Emitdama (OP)
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October 23, 2025, 12:46:23 PM
 #1

In a quick search, I come to know that SFR10 and irfan_pak10 tried to list/disclose their escrow deals: here and here.

Like this, I want your opinion on requesting all of those who currently providing escrow services to keep updating their topic with all open escrow deals and also track record of successfully completed escrow deals.

I agree that most buyers/sellers want their deals to be confidential, so they prefer to contact escrow providers through PM and completing all escrow procedures within PM. In such case, updating the topics without disclosing party details (either one or both buyer&seller[1]) would be good in terms of transparency which is still within someone's privacy.

How this may help everyone:
1. From the point of buyer/seller:
To a new forum member, this may help to choose more trusted escrow providers by checking the deals done in the past and by learning currently how many open escrow deals and how much money held under.

2. For the escrow provider:
Track record is just another form of self-made "hall of fame".

3. For this community:
Ensuring few more standardization while handling public's money.

[1] Fore example, mentioning like, someone today opted my escrow service for buying XX's debit card for $1000 worth of BTC or USDT.

Looking for your opinion....

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October 23, 2025, 01:18:52 PM
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 #2

Something need a change when there's a problem with that, in this case, do you think there are many case where the "escrow agent" exit scam?

I don't see it's an important thing because the client only need to choose the user with many positive feedback, if the escrow agent perform exit scam, his reputation would be ruin and no one will believe him again.

The risk of the clients fall to a scammer is low as long as they understand about feedback, however I think a campaign manager might help them to pick a trusted escrow.

[1] Fore example, mentioning like, someone today opted my escrow service for buying XX's debit card for $1000 worth of BTC or USDT.
A scammer can create a fake activity to make people believe if his escrow service is really active.

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CryptoHeadlineNews
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October 23, 2025, 01:48:10 PM
 #3

That's a nice observation you just made above, requesting  escrow service providers to be updating their respective threads, so as to enable forum users know if they are still into the escrow business or no longer interested in it, despite negotiating trades via PM or on Telegram app, which seems to be escrow providers most favorite channel for executing trades. And I just checked boths escrow threads and it seems @irfan_pak10 gave his escrow service to be managed by @albon, who seems to have been updating his thread this past few months, whereas SFR10 seems to have drop his last post on the thread since August 1st 2021. But both users seems to be still active on the forum and has got great reputation and positive trust, which is one thing to mostly look out for when escrowing a trade.

Hence, I think inasmuch as these escrow service providers has got good reputation, and still active on the forum, updating their threads isn't actually necessary, despite the fact it's likely to keep making new people know about them when their threads keep bumping on the first page of the Service board.

 
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October 23, 2025, 02:05:59 PM
 #4

I thank OP for shedding light on this matter, and also thanks to @CryptoHeadlineNews for his mention.

I actually work with @irfan_pak10 in managing the "Bptrades Escrow Service".

Whenever I have the opportunity to update the thread after receiving new escrow requests, I never hesitate to do so. We are here to help everyone and ensure your transactions are secure. Updating the thread isn't necessary, it mainly serves to inform the community that the member is still providing the service.. However, it's okay to update it so everyone knows that the escrow service provider is still active and available for new deals..

We also encourage everyone to always verify escrow providers through forum messages before sending funds and to avoid fake Telegram accounts, as no legitimate escrow provider will contact you first.

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Moreno233
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October 23, 2025, 03:21:24 PM
 #5

The reputation of the escrow provider is more important than these updates. Although I agree with you that those offering escrow service should keep their threads active so that people will know they are still in business. The two cases you referenced, their have been regular updates and even in that of Gazeta, the latest should be the one he post and if there have not been any trade, there will be no update.











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October 23, 2025, 06:00:16 PM
 #6

I agree that most buyers/sellers want their deals to be confidential, so they prefer to contact escrow providers through PM and completing all escrow procedures within PM. In such case, updating the topics without disclosing party details (either one or both buyer&seller[1]) would be good in terms of transparency which is still within someone's privacy.
  • [1] Fore example, mentioning like, someone today opted my escrow service for buying XX's debit card for $1000 worth of BTC or USDT.
    A scammer can create a fake activity to make people believe if his escrow service is really active.
    This [+1]... In addition to that, even escrow providers could use it to their advantage and boost their presence [in other words, this idea introduces another problem without completely fixing the transparency issue].
    @Emitdama: It's worth noting that I can't list (or in this case, even mention) some deals that I've handled due to NDAs and I believe the same also applies to those who had to sign an NDA for some of their deals.

Update:
I don't see it's an important thing because the client only need to choose the user with many positive feedback,
Forgot to address this part... You have a point, but it's worth noting that this is not going to work when dealing with a hacked account of someone who is/was providing their escrow services.

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DireWolfM14
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October 24, 2025, 12:38:09 AM
 #7

you mean like this: https://bitcointalk.org/index.php?topic=5201269.msg53069679#msg53069679

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Emitdama (OP)
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October 24, 2025, 04:19:23 AM
 #8

Yeah, the point of this topic is slowly moving toward listing the total value of funds held under each of forum escrows, at least with long term deals.

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October 24, 2025, 11:27:31 PM
 #9

Escrow services should not be a thing of worries in here, it is in the interest of who ever want such services to look for an escrow for their deal and they have the final say to make it public or private as it is non of our business to ask them because we don't have anything to hold them for. They can decide to make it public or not.

Every escrow provider already know that their reputation is at stake while being involved in any such escrow deals so they would at all cost make sure they do what is right to avoid tarnishing their reputation here. So making their escrow details public is not necessary as long as we already know they are into such services we can patronise them and it's their choice to also make their active service public as well.

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