Develop your bitcoin exchange through escrow module?

In Today’s emerging world, Bitcoin is a regular topic on all tech news. Bitcoin exchange is a digital marketplace where buyer and seller trade the bitcoin through fiat money. If you need Bitcoin? Then Bitcoin exchange trading site like Localbitcoins will help you to get the bitcoin. Buyer and Seller can communicate through Peer to Peer system. They can set the price and conclude as the trade deal. There is a wide range of payment to pay for each trade through western union, credit card, Paypal etc.

Just think the seller wants to sell the coin in exchange site but, he/she is not communicated with the buyer there is a middleman to exchange the coin for both sides this type of module is called escrow. Let’s know more about the escrow

Escrow module

The escrow system means trustworthy with the third person where buyer and sellers depend on one vendor in the site or act admin for the site. When the seller wants to buy bitcoins he/she has to post an advertisement. The escrow searches the nearest buyer through seeing the post ad, location, and matches both the buyer and seller. Then, a buyer can give fiat money to buy the bitcoin. After the process, the escrow releases the fund to the seller. For, each trade escrow takes commissions for both seller and buyer.

Specification of Escrow module

ØThrough the escrow module, both buyer and seller trust the trading is secure.

ØWhen a problem arises between buyer and seller the escrow support chat will available to solve the problem and give the correct solution for both sides.

ØThere is feedback score option is available to find the customer mindset in trading.

ØThe major component in the escrow system is revenue they get trade commission from seller and buyer.

Sellbitbuy- escrow software

Sellbitbuy is the Software company which provides Localbitcoin clone script with escrow software.

Local bitcoin clone script/software - Get it here