Bitxoe escrow service is a mediator service that keeps the money for a transaction in safekeeping until the Bitcoins are handed over. Escrow protects buyers from fraudulent sellers by requiring the Bitcoin to be deposited up front, before any money changes hands.
In the very first step, you have to create an account to use bitxoe escrow service.
Check your mail inbox to verify your email and complete the registration process.
You must have bitcoins in your bitxoe wallet to start an escrow wtransaction.
You have to deposit bitcoins in your bitxoe wallet!
Start a new escrow transaction, mention the timeline, amount and other asked information. You must know your the username of your partner user whith whom you want to get involved with bit escrow transaction.
You must set the escrow transaction terms carefully that must be completed by your partner user.
Your partner user can either accept or decline the transaction. If they accept the escrow transaction offer, it can't be calncelled.
Once the partner will accept the offer, the transaction terms into ongoing transaction which can't be cancelled.
Whenever your partner user reached the goal, finished the assigned job or delivered the product/services, they can mark it as complete.
Once the objective of escrow tranaction is complete, you can release the bitcoins.
If not, you can dispute the transaction and a neutral moderator will be assigned to your case to help resolve the dispute.
Transaction has been successfully completed and funds have been transferred to your partner wallet.
They can now withdraw the funds!