Escrow my Bits

An escrow service that allows safe trading by securely holding buyer's funds in escrow until the terms of the sale are met.

Fees

The service charges a 1% escrow fee which includes potential dispute resolution.

Types of Escrow

Escrow my Bits offers 3 differnt types of escrow transactions:

1. Regular escrow
   • Funds are held by Escrow my Bits until the buyer releases the funds or a dispute is filed. If a dispute is filed the winner of the dispute receives the funds
2. Regular escrow with a pegged exchange rate
   • Funds are held in a Bitreserve card that Escrow my Bits controls
   • Can choose from over 5 fiat currencies and assets
3. Multi-signature escrow
   • Funds are not held by Escrow my Bits but by a 2 of 3 multi-signature address

History

The site was launched on Septemeber 17th, 2014.

See Also

• Secure Trading

External Links

• Escrow my Bits web site