How does Bitcoin Escrow work

Please check this process flow of every escrow transaction on EscrowBtc.

  1. The buyer and seller agree on the set price and the terms of the transaction.
  2. The buyer completes the transaction, which is shown in the ‘On Hold’ area. At this point, the seller needs to accept the Transaction.
  3. Once the seller accept, the seller will deliver the services to the buyer. 
  4. The buyer has time to inspect the product and accept the service if they are pleased with the quality.
  5. The buyer thereafter releases the funds to the seller. Once both parties are satisfied.
  6.  If the buyer his not satisfied, he or she can open a dispute and we will investigate the case. Whoever wins, we will refund or release the funds to the party who wins the case.