How Transcrow Works

Escrow protects sellers from fraudulent buyers by requiring the Bitcoin be deposited up front. Likewise, buyers are protected if the seller turns out to be a scammer and doesn’t deliver the goods. In the event of such a dispute, the escrow service will act as the arbitrator and determine who should ultimately receive the Bitcoin funds.

Step 1: Create an account

It only takes seconds to sign up for a free Pinterest for business account. We just need the basics: who you are and how to reach you. Your identity will remain private.

Create an account
Step 2: Create a contract

Make your payment through our secure service and never have to expose your sensitive personal information to anyone. Create a contract within seconds and wait for a Transcrow contract ID number and Transcrow wallet to be assigned to your new contract.

Note: The seller will receive Bitcoins. The buyer will send bitcoins. If you enter invalid emails or data or if you do not deposit the funds in 24h, then the escrow will be CANCELLED.

Create a contract
Step 3: Confirm contract

You can now transfer your bitcoins to the holding wallet. The other party or parties involved can join the transaction by using the contract ID. Your bitcoins will remain safe in the assigned holding wallet till both parties agree that the terms of sale have been met. Our service allows you to cancel the contract and get your bitcoins refunded.

Confirm your contracts