What is the purpose of Escrow transactions?

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What is the purpose of Escrow transactions?

Escrow transaction is the basic mechanism of selling a domain on our website. The Escrow mechanism consists of three main steps:

  • The buyer is charged the amount due for the domain.

  • Automatic transfer of the domain sold to the buyer.

  • Transfer of the money from selling to the seller account.

How are sales in an Escrow transaction conducted?

Since the Escrow process is automatic, selling domains on our marketplace is trouble-free and safe. All forms of sales on our marketplace (direct sales, domain auctions and sales offers) use the Escrow mechanism.

How to sell a domain in an Escrow transaction?

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