asked byon 8/7/19
1. What if the https://cotswoldescrow.co.uk admin steals my bitcoin as we are storing bitcoins inside a third party wallet?
2. The above scenario and workflow is for buying bitcoins from the seller, So what if the buyer purchases a product from an online shopping store. The above https://cotswoldescrow.co.uk flow powers the seller side alone, as he made the final decisions to release bitcoins. If the buyer receives product/service from online store by sending bitcoins then who has the high authority to make decisions and how https://cotswoldescrow.co.uk will secure a buyer?
3. How https://cotswoldescrow.co.uk will help both sides if the received service/ product is not the same as mentioned in the contract/agreement
No Chance For https://cotswoldescrow.co.uk To Steal Money From Buyer Or Seller
Because the people who are participated in the transactions are provided with randomly generated 3 different secured encrypted keys, which are characterized to match each other. These keys are automatically generated with the concept of AES (Advanced Encryption Standards). The wallet which the https://cotswoldescrow.co.uk admin hold is designed to unlock when all the three keys are matched.
So, none of the party can have access to open the wallet without getting permission from the other two peoples.
So not only the https://cotswoldescrow.co.uk admin, nobody can steal money/bitcoin during the escrow transaction.
What is Cotswold Escrow?
Cotswold Escrow is an UK registered Bitcoin Escrow Company. We are currently the number one bitcoin escrow site in the world. We offer a safe a secure platform for sellers to sell their items for sale FREE of charge and for buyers to buy those items while taking advantage of our 30 days buyer protection.
The escrow service provided on cotswoldescrow.co.uk is an in-house service, we don't use any third party to process any funds or arbitrate escrow disputes, cutting the middle man and saving our users money. Our escrow service offers a 30 days buyer protection and provides the peace of mind much needed when dealing with digital currency.
When a buyer want to buying an item, they will be contact by email with information where they need to deposit the payment for the product that they want to buy it.
Cotswoldescrow.co.uk is 100% safe and legit escrow company.
cotswoldescrow.co.uk its legit and the best Escrow company
Cotswoldescrow.co.uk is a legit escrow company, they offer great escrow service and fast support