Do You Use an Escrow Service?

nomad

Very Familiar
Member
Jun 22, 2022
10,951
512
Dex
$0.010
Raw Dex
$0.500
When a bigger amount is involved, I always use Escrow. In other words, any transactions involving $100 or more will have me use Escrow. I use Escrow as a seller as well as a buyer. When I want to buy I send funds to escrow so that the seller does not cheat me. And when I sell, I ask the buyer to deposit funds in Escrow before I deliver the product or service. Do you use Escrow?
 
AgoraForo - Digital Marketplace & Freelancer Forum

Etini Willie

Notable
Member
Nov 22, 2022
3,421
93
Dex
$0.000
Raw Dex
$0.501
The use of an escrow service is important when you are involved in online transactions. It protects both parties of the transaction from being exploited. I use an escrow service even in my transactions here.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,334
206
Dex
$0.000
Raw Dex
$6.312
I really wish if escrow services were available in my country. Unfortunately, escrow is not available in my country and even PayPal is also not available in here. Therefore, I have to opt for alternative options.
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
It is a foreign service to me. It means I am not familiar with this escrow. The e-commerce platform that I am using use other term for it. But I never tried to use it.
 

Springtime

Well Known
Member
Dec 22, 2022
7,929
294
Dex
$1.340
Raw Dex
$0.105
I currently work as a freelancer. I am not using escrow service right now. When I was working full time, the companies I worked for used escrow service a lot.
 

IB D

Well Known
Member
Jan 6, 2023
5,443
194
Dex
$0.000
Raw Dex
$0.101
I don't use escrow on normal online transactions because I don't really have trust issues. The only time I use escrow is when I am transacting on Binance peer to peer. That's because cryptocurrency is very delicate.
 

Suba

Notable
Member
Nov 11, 2022
3,879
471
Dex
$0.000
Raw Dex
$1.585
Escrow service in my country is also known as a joint account, escrow will ensure that prospective buyers and sellers will be safer, or fraud will not occur. I only use escrow on P2P trades handled by exchanges.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
With the number of times that I have been scammed by some people that I worked for, I've been seriously considering making use of escrow service for my payment.
 

Authenticity101

Somewhat Known
Member
Aug 8, 2022
779
35
Dex
$0.000
Raw Dex
$0.000
The only time I use escrow is when I am selling or buying cryptocurrencies. The escrow is usually already included in the trading platform and that makes transactions to be safe. I mostly use the escrow system in Binance.
 

Smalto

Notable
Member
Feb 23, 2023
1,305
76
Dex
$0.000
Raw Dex
$0.003
Certainly, that is the right thing and right way to go about it, especially if the money involved a very huge amount of money, it is always advisable to make use of an escrow service, to avoid stories that touch the heart.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
When a bigger amount is involved, I always use Escrow. In other words, any transactions involving $100 or more will have me use Escrow. I use Escrow as a seller as well as a buyer. When I want to buy I send funds to escrow so that the seller does not cheat me. And when I sell, I ask the buyer to deposit funds in Escrow before I deliver the product or service. Do you use Escrow?
I still made use of one last night and it helps your transactions to be transparent so that you are not going to dupe someone and the person you are transacting with will also not dupe you
 
Back
Top