Protect Your B2B Trades With Escrow Smart Contracts
Encrypt Escrow creates digital escrow accounts backed by cryptography and blockchain smart contracts. No intermediaries, just codes. Totally secure and absolutely verifiable.
Over $100 million of transactions protected with Encryptescrow.com
Encrypt Escrow is among the world’s most secured cryptocurrency payment method from a counter-party risk perspective. safeguarding both buyer and seller, all funds transacted using escrow are kept in trust.
All money and account transfers are controlled by our guarantors. Dishonest sellers and buyers go to the blacklist forever.
A free platform for both buyers and sellers. The guarantor's commission is charged for successful transactions only. Commissions are charged depending on the amount held in escrow.
Your personal data and sales info is protected and will not be disclosed to any third party. All transactions carried are 100% encrypted and will never be shared to any authority.
If you’re new to Escrow, Here’s how it works.
1. As a seller, you prepare the offer and we create the escrow contract.
Define the details of your offer, send us an email or contact our live chat assistance for immediate response. We shall review your offer and then invite your customer to join it. We recommend to attach a pdf containing the precise specifications of the work to be done or of the object to be shipped.
2. As a buyer, you accept the terms and send the payment in Cryptocurrency.
Before sending money to a counterparty, make sure the seller sign up for encryptescrow and to establish an escrow account. Once their escrow wallet is created, the buyer can safely deposit the funds knowing that they are locked until the contractual milestone is reached. The type of cryptocurrency to be deposited by the buyer will depend on the duration of the contract. Short term transactions within 1 to 10 days can be done with any cryptocurrency with a slightly higher fees because of fluctuations in the value of some cryptocurrencies. Long term transactions are done with USDT stable coin ONLY.
3. Funds are stored and segregated in a smart contract on Polygon and blockchain
By depositing funds into one of our escrow smart contracts, they are transferred to a secure, virtual account and protected by a private key. Plus, the transparency and immutability of the blockchain ensure that our customers can trust that, their funds are safe and secure.
4. As a seller you notify the delivery is done or the milestone reached
Within Encryptescrow, you can notify that your milestone is met or the goods are shipped. No more delayed payments! The buyer has 10 days to approve or to ask for a rework or open a dispute. After such a deadline the funds are automatically unlocked to the seller.
5. As a buyer, you approve the deliverable and unlock the payment to the seller. The transaction is complete!
As a buyer, you want to check the deliverable and then approve the transaction to go through. Your approval would trigger the condition to unlock the funds to the seller.