Why use an Escrow?

Escrow is a defined process whereby a buyer puts money into the custody of a trusted third party with a guarantee that funds are available for payment to the seller after a specified set of conditions has been met.

How It Works

1. Buyer and Seller Agree to Terms
   Prior to starting and escrow, both parties agree to the terms of the transaction which includes a sale price (amount) and description of the goods.
2. Buyer Pays First Trust Escrow
   The Buyer submits a bitcoin desposit to First Trust Escrow and the transaction is verified. Both parties will receive a confirmation Email from us with verification code which authorize to check the Escrow status here.
3. Seller Ships Goods/Services
   Upon deposit verification, the seller is authorized to ship merchandise.
4. Buyer Accepts the Goods/Services
   The buyer has a set number of days for an inspection and then releases the funds. Earlier releases are possible.
5. First Trust Escrow Pays the Seller
   Upon notification from buyer to release the deposit or if the inspection period ends, we pay the seller.
   The transaction is now complete.

Buyer Protection

• The seller isn't paid until the buyer accepts the merchandise, confirms services have been rendered or the inspection period ends without dispute.
• First Trust Escrow is typically an anonymous service except in the event of a dispute where it may be required for buyer and seller to provide additional information to an arbitrator if both parties are unable to resolve the dispute themselves.

Seller Protection

• The seller is authorized to ship/provide service only after First Trust Escrow verifies the deposit of funds from buyer. A minimum of two confirmations on the bitcoin network assures verification of payment from buyer.

Anonymity

• There are no governments laws applicable on our service, is accepted dispute resolutions for any deals. All communication and data files what will be used by seller or/and buyer will be permanently deleted after both parties agreement.