What are Bitcoin escrow services?

Bitcoin escrow services facilitate secure transactions involving BTC. Acting as neutral mediators, escrow services hold the funds in a secure account (called an "escrow" account) until the agreed-upon conditions between the buyer and the seller are met.

How does Bitcoin escrow work?

Begin a transaction by providing details of the agreement to the service. This includes the buyer, seller, terms, conditions, and the Bitcoin amount to be held in escrow. Deposit Bitcoin into escrow. The buyer sends the agreed-upon amount of Bitcoin to the escrow service's wallet.

How to get Bitcoin escrow?

The procedure is straightforward, and each stage can be followed by means of an “exchange ID” provided by the platform. They have a USD $500 guarantee which applies in specific cases, for example, hack or theft of server, mistakes of the platform, etc. 2. IBC Group This is a blockchain fundraising service that also provides Bitcoin escrow service.