Escrow services are agreements in which a trustworthy third-party controls the trade of goods or assets between both parties to the transaction, assuring security and ethical company behavior.
Once the buyer places an order, the seller’s cryptocurrency is going to be moved from the seller’s wallet to the temporary deposit with exchange P2P’s escrow service. The cryptocurrency will be held in the deposit assurance until the transaction has been executed correctly by both parties.
For bitcoin traders and investors searching for a risk-free and secure means to make transactions, peer-to-peer escrow is a popular choice.
Here are five reasons why peer-to-peer escrow is the best option for cryptocurrency traders and investors:
Security
Trust
Lower Fees
Faster Transactions
Decentralization
Peer-to-peer Bitcoin escrow script services are probably going to get even more reliable, efficient, and secure as blockchain technology and smart contracts advance.
