© 2025 Bynexd. All Rights Reserved.
GENERAL FAQ'S
Got Any Questions?
GENERAL FAQ'S
- 1 What is Crypto Escrow?
- Crypto escrow is a financial arrangement where a trusted third party (escrow service) holds cryptocurrency on behalf of two transacting parties until certain conditions are met.
- 2 Why Use Crypto Escrow?
- Crypto escrow provides security by holding funds until both parties fulfill their obligations, preventing fraud. It builds trust in transactions and offers dispute resolution. Additionally, it protects against cryptocurrency price volatility and ensures privacy.
- 3 What Happens in a Dispute?
- The escrow service investigates the issue and releases funds based on the agreement and provided evidence.
- 4 What Cryptocurrencies Can Be Used in Escrow?
- You can trade any form of cryptocurrency verified by Bynexd on our platform. To check if a currency is verified, please chat with our live support.
