What’s An Escrow? A Beginner’s Guide On How To Buy and Sell Crypto P2P Safely

What’s An Escrow?

How Does An Escrow Work?

How Does An Escrow Work In The Crypto Industry?

Our advice

  • Make sure the P2P exchange uses an escrow system.
  • Investigate the escrow system itself. It needs to operate as described earlier. Remember, an escrow system requires the object of value to be held by a third party, or even better, by a software.
  • Double-check that the exchange operators are honest and do not randomly hold the cryptocurrency in some cases.

How Does The Escrow Work On CryptoLocally?

Conclusion: The Benefits Of An Escrow

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Cryptolocally

Cryptolocally

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The first fully decentralised P2P crypto trading platform!