Eptiv: Difference between revisions
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Create article for Eptiv and add to category Escrow services. |
Service is defunct. |
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Formerly an escrow-like service that allows safer payment by securely holding a buyer's coins in escrow until the terms of the sale are met and as a result the buyer releases payment to the seller. | |||
To release the escrow amount, the buyer sends the 1% commission to the escrow service. If the buyer does not release the escrow, the full escrowed amount is returned to the buyer after 30 days. | To release the escrow amount, the buyer sends the 1% commission to the escrow service. If the buyer does not release the escrow, the full escrowed amount is returned to the buyer after 30 days. | ||
==History== | ==History== | ||
The site was launched on May 30th, 2011<ref>[http://forum.bitcoin.org/index.php?topic=10683.0 *NEW* Bitcoin Escrow]</ref>. | The site was launched on May 30th, 2011<ref>[http://forum.bitcoin.org/index.php?topic=10683.0 *NEW* Bitcoin Escrow]</ref>. The site is defunct, as of at least March 18, 2012. | ||
==See Also== | ==See Also== | ||
* [[Secure Trading]] | * [[Secure Trading]] | ||
==References== | ==References== | ||
<references /> | <references /> | ||
Revision as of 03:08, 19 March 2012
Formerly an escrow-like service that allows safer payment by securely holding a buyer's coins in escrow until the terms of the sale are met and as a result the buyer releases payment to the seller.
To release the escrow amount, the buyer sends the 1% commission to the escrow service. If the buyer does not release the escrow, the full escrowed amount is returned to the buyer after 30 days.
History
The site was launched on May 30th, 2011[1]. The site is defunct, as of at least March 18, 2012.