Common Use Cases for Crypto Escrow Services

E-Commerce Transactions: Escrow ensures that buyers receive the goods they pay for, while sellers are guaranteed payment upon delivery. This is particularly useful for high-value or cross-border transactions.
Freelance and Contract Work: Employers can place funds in escrow to guarantee payment to freelancers or contractors once project milestones or deliverables are completed satisfactorily.
Real Estate Deals: Escrow secures funds during property transactions, ensuring that payment is made only after legal ownership is transferred and all conditions are met.
Investment Agreements: For startups and ICOs, escrow protects investors by releasing funds to the project team only when specific milestones or criteria are met.
Online Marketplaces: Platforms facilitating peer-to-peer sales, such as collectibles or digital goods, use escrow to prevent fraud and build user trust.
Cross-Border Transactions: In international deals, escrow bridges the gap between parties in different jurisdictions, ensuring that funds are held securely until all terms are satisfied.
High-Value Transactions: For purchases like luxury goods, vehicles, or expensive electronics, escrow provides a layer of security for both parties.