Difference between revisions of "BTCrow"
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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. | 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. | ||
| − | <span style="color:red">Warning: Please be careful with your money. When sending money to an escrow partner you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft -- internal or external.</span> | + | <span style="color:red">Warning: Please be careful with your money. When sending money to an escrow partner you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft -- internal or external. It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available. Exchanging or storing significant amounts of funds others is not recommended.</span> |
==Fees== | ==Fees== | ||
Revision as of 20:41, 4 December 2014
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.
Warning: Please be careful with your money. When sending money to an escrow partner you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft -- internal or external. It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available. Exchanging or storing significant amounts of funds others is not recommended.
Fees
The service charges a 1% escrow fee which includes potential dispute resolution.
History
The site was launched on June 23rd, 2011[1].
In March, 2012 the service had gone offline, reportedly due to an extended distributed denial-of-service (DDoS) attack[2].
On May 28th, 2012 the operator announced partnership with another service, BitcoinOPX and provided identity information[3].
See Also
External Links
- BTCrow web site
