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ProBitEscrow | Bitcoin Escrow Service | Protecting Buyers and Sellers Using Cryptocurrencies Online
ProBitEscrow is a Bitcoin Escrow site which lets users use their Escrow service for secure transactions on the web; the company has been here since 2017 racking up 3 years of experience today. Since 2020 it is support close 12 different cryptocurrencies.
ProBitEscrow do not require any registration; although they specify that user’s data will not be shared out of their database.
ProBitEscrow offers extensive control on the Escrow settings; users get to select their role, choose the amount in BTC(cryptocurrency) for the transaction is being done in BTC and specify the name and E-mail addresses of the two parties.
ProBitEscrow is one of the very few Bitcoin escrow services which lets the Escrow-creator (the one setting up the Escrow page) choose from the following fee-structures for the transaction:
• 50%-50% split between the buyer and the seller.
• 0% Buyer- 100% Seller.
• 25% Buyer- 75% seller.
• 75% Seller- 25% Buyer.
• 100% Buyer- 0% Seller.
The Escrow-creator also gets to manually set the number of days; until which if the item isn’t received the funds are sent back to the buyer. Auto-release date of funds too can be set by the Escrow-creator which is when the funds are automatically released to the seller requiring no action from the buyer.
Bottom-line; arguably it’s the most liberal Bitcoin escrow service in 2020 which supports many crptocurrencies and lets the users control nearly all the aspects of the transaction and nothing is fixed from the platform’s end.