Escrow


SUBMITTED BY: Guest

DATE: Oct. 3, 2012, 4:49 p.m.

FORMAT: Text only

SIZE: 1.9 kB

HITS: 1246

  1. Lowest amount:
  2. 1.00000000 BTC
  3. Highest amount:
  4. 500.00000000 BTC
  5. Fees:
  6. Basic fee: 3.00%
  7. chmod755 will return up to 50% of the fee to the payer, if there's no dispute and...
  8. ...the amount of BTC is between 10 and 100 BTC
  9. (get 15% of the 3% fee back)
  10. ...it takes less than 24 hours (e.g. BTC<->NMC trades) to complete
  11. the transaction (get 15% of the 3% fee back)
  12. ...at least one of the users involved made successful deals of 20 BTC
  13. (for loans: 40 BTC) or more with chmod755 on #bitcoin-otc
  14. (get 20% of the 3% fee back)
  15. Description:
  16. Both parties need to be registered #bitcoin-otc members and will have to agree
  17. to the trade in a PGP signed message. If there's a dispute the payer has
  18. to send a PGP signed message to chmod755 to stop the payment.
  19. The payer must send this message at least 15 minutes before the
  20. payment should be processed. In case of a dispute chmod755 will keep the
  21. full balance until both parties agree on a Bitcoin address to send the coins to.
  22. Example:
  23. -----BEGIN PGP SIGNED MESSAGE-----
  24. Hash: SHA1
  25. I want you to send 1.00000000 BTC to 1BitcoinAddress between
  26. 11/08/2012 date (00:00:00 UTC) and 11/11/2012 date (00:00:00 UTC).
  27. Please tell me your Bitcoin address so I can send you the total amount
  28. of 1.03000000 BTC (including the 0.03000000 BTC fee) and notify
  29. honestguy@mail.ru about this escrow agreement.
  30. Best regards,
  31. otcuserxy
  32. -----BEGIN PGP SIGNATURE-----
  33. Version: GnuPG v1.4.11 (Example)
  34. signature
  35. -----END PGP SIGNATURE-----

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