What is CryptoExchange's Escrow?

Escrow services are the key to more secure payments. This financial arrangement allows a representative third party to bring neutrality to transactions by holding payment of the funds required for two parties involved in a given transaction. The escrow service provider manages the funds in question and keeps them secure throughout the duration of the transaction.

How Escrow Works

CryptoExchange has a full team of cryptocurrency officers. Each escrow officer ensures that the terms of the transaction agreed upon by both the Buyer and Seller are satisfied.

Buyer creates an escrow account
One of the two parties, either the Buyer or Seller, will initiate the transaction. This process begins when the user inquires about the offering and creates an account on CryptoExchange. With an account set up, the two parties can solidify the terms of their agreement.
Buyer pays
The Buyer or Seller can initiate the trade. The Buyer sends the funds from their account to the escrow officer to hold in a no-interest escrow account. Funds are held in this secure location until both parties agree the transaction is complete.
Seller ships product
The Buyer sends funds to the escrow officer for safekeeping. Following this, the Seller sends the product to the Buyer and submits the associated tracking information to the escrow officer. The Buyer will provide verification to CryptoExchange that they have received the merchandise.
Buyer accepts product
When the product arrives, the Buyer must inspect the product and determine if they want to keep it within a set number of days. If the product doesn't meet the specifications, the Buyer may choose to reject the offering.
CryptoExchange releases payment to Seller
If the offering is as specified, the Buyer can choose to accept the product. When this happens, CryptoExchange will release the funds from the Escrow Account to the Seller.
Clear visibility into the process

The CryptoExchange platform provides users with a complete set of status updates throughout the escrow process. Both the Buyer and Seller have full insight into the steps that are their responsibility, including where they are in the transaction process.

Payment Options

CryptoExchange is a cryptocurrency-only escrow service. To purchase crypto, users can browse from any of the available offerings on our website, including debit cards, credit cards and bank transfers.

CryptoExchange Escrow Accounts

Transactions made using CryptoExchange's escrow services are held in a secure, non-interest-bearing trust escrow account until the terms of the transaction are executed. The use of an escrow account protects that parties against chargebacks, fraud, or low-quality goods.

A personal touch

CryptoExchange specializes in crypto escrow services and guarantees that qualified escrow officers will be responsible for each transaction. These licensed professionals provide personalized service to help guide users through the process from start to finish.

CryptoExchange offers phone support for extended hours during the week, with additional email support available 24 hours a day, seven days a week.