Dark Web Escrow Services
Purchasing and selling of your products over the dark web are like taking a bait of potential frauds, you will never know who is legit and who is not. To gain the trust of the buyer and the seller there have been escrow services that take the burden off your shoulders. So let’s start with the most common question in dark web and find the active deep web links.
What are Dark Web Escrow Services?
Escrow is a financial agreement where usually a third party holds the amount from the transaction until the product that is to be sold is received by the buyer and amount is released to the seller only after all the conditions set by the escrow are fulfilled.
Usually having an Escrow in the middle will keep you from frauds and will also gain the trust of both the parties involved in the transaction. These services are offered by well-trusted companies and can be fully done online making it easier for both the buyer and the seller. Although you will be asked to make an account and you will also have to pay a small price for the services which is reasonable when there are a large number of transactions involved.
How Does Dark Web Escrow Vault Services Work?
Lots and lots of websites support TOR transactions and they even have a list of sites in the dark web where their services are already well established among the sellers and the buyers. Darkwebescrow.com is one such website where they offer escrow services in the dark web markets such as the Silk Road, Tor, Empire Market, Wall Street market and a lot of other famous websites.
To avail the Escrow Services you will need to make an account with them and the seller has to have an account with them too. You can always ask the seller to create an account; chances are if they are a well-known and legit seller they may already have an account with an escrow service. You can send the money to the escrow and your money will put on the vault, showing the seller that you have put the money on the table. Once the Seller gets the verification the seller can send the product and will submit the tracking information to the escrow.
Once you receive the product, you can verify the product and you are given a particular time to inspect the product. Once you accept it, the escrow releases the payment to the seller, if you refuse and decline it, you can send the product back and the money will remain in the vault. If you refuse any action within the given time, taking in consideration that you have received the product the money will be released to the seller.
This process helps both parties to get what they need without giving any space for frauds and while, you will have to pay a small price to get your work done.
Are Dark Web Escrow Services Safe?
Yes, Escrow Services are usually safe, but there are frauds reported here too. If your seller recommends you an escrow service that they are using, make sure to do a little research to see if they are legit. Other than that if you are making a transaction through a well-known website, there won’t be any problem. Escrow services will help keep your payment mode and the risk of getting hacked at bay.
You will not be paying directly through the vendor, keeping in mind the dark web can be a very dirty place, anyone can get their hands on your personal information while you proceed payment directly. Escrow services prevent can that from happening.
Both the seller and the buyer can sit back and relax, making any frauds or risks in buying or selling a product is generally low to none.
The buyer if not satisfied with the product can go on to reject the purchase while losing nothing.
The seller can get paid even if the buyer doesn’t respond after receiving the product
If you are someone looking for escrow services for the first time, you will have a lot of questions and have a lot of trust issues. While we do understand, getting your hands on things will give you a better idea about what you are dealing with.
With every good thing, there are bound to be disadvantages here we have a list of pros and cons of using the escrow services.
Pros of Using Escrow Services
You are safe from fraudulent activities – buying things off the dark market is risky on so many levels, using an escrow service as a middle man in your transactions will save you time and your peace of mind.
You form a bond with the buyer/seller – as weird as it sounds, when you are buying or selling merchandise to someone, using an escrow service will form the trust on both the sides and prevents loss on both sides. This creates a bond between you and the seller and future purchase and transactions are carried on with ease.
Gives the buyer a platform to check the merchandise – when you buy stuff of the dark market, sellers usually don’t specify a return address or don’t spend time on customer support. Using escrow services sellers are forced to send the specified product seen on the website. The buyer, on the other hand, will have the time to inspect the product. Only when the customer agrees, the transaction goes through to the seller.
Keeps your personal information safe – All your credit card and bank details are not disclosed to the seller, preventing hacking into your bank accounts and to your device.
Cons of Using Dark Web Escrow Services
Your funds may get held up – Unlike traditional ecommerce websites, you cannot cancel your order whenever you feel like, if the product is shipped or sent out to you there is not much you can do. If you have a large amount in your escrow vault it could get held up until you can contact the seller.
You will have to pay for the Escrow Services as well – To avail the Escrow Vault Services you have to pay a small price which is well worth it. Even though it is a small amount, it is going to add to the expenses along with the price of the product as well.
Using the dark web escrow to purchase products come with its price, using escrow services will help you navigate it a bit easier. Always be careful when you are browsing on the dark web. This article is for educational and research purposes only. It does not encourage you to buy products or avail services from the dark web, however, if you do we are not accountable for your actions on the Dark Web. We encourage using a trusted VPN that will lower the risks of getting hacked.