BitcoinBaroness
Wed Jul 10 2024
|
5 answers
1278
What is Bitcoin/Crypto escrow?
Could you elaborate on the concept of "Bitcoin/Crypto escrow"? I'm particularly interested in understanding how it differs from traditional escrow services and how it functions within the cryptocurrency landscape. Specifically, how does it ensure secure transactions between buyers and sellers? Also, what are the benefits and potential risks associated with using a Bitcoin/Crypto escrow service? I'd appreciate a concise yet comprehensive explanation of this emerging financial concept.
