What is CryptoExchange Escrow?
CryptoExchange offers a secure escrow service designed to bring neutrality and security to cryptocurrency transactions. The platform employs a dedicated team of escrow officers who ensure that both buyers and sellers meet the agreed-upon transaction terms.
The process starts with either party creating an escrow account on CryptoExchange. Once the terms are set, the buyer sends cryptocurrency to CryptoExchange’s escrow service, where it is converted to a USD stablecoin, shielding it from market volatility. The seller then ships the product, and the buyer has a set period to inspect it upon arrival.
If the product meets specifications, CryptoExchange converts the stablecoin back to the original cryptocurrency and releases the funds to the seller. This process safeguards the value of the transaction while providing a structured environment for secure and transparent trades.