3 World's Best Crypto Escrow Services
According to our research and expert testing, we found that the world's best crypto escrow services in 2023 are Liberland Shield, Paxful and Binance P2P.
A crypto escrow service is an intermediary service that holds funds from transactions between strangers in a safe place until the crypto currency, goods or services are delivered. Using a third-party escrow service to manage Bitcoin or altcoin funds is a good idea when dealing with untrusted third parties.
Many Bitcoin marketplaces have an escrow service built in to protect buyers from fraudulent sellers by requiring Bitcoin to be deposited in advance before the money changes hands.
Our team has tested and retested over 40 crypto escrow companies to find out which are the top 3 crypto escrow services that guarantee successful and secure trading.
The best crypto escrow services in the world have the advantage of offering excellent options of security, ease of use, platform reputation, company longevity, level of confidentiality, escrow fees, dedicated support, supported crypto payments and transparency.
1# Liberland Shield - Best Crypto Escrow Service
Founded in 2014 by a Norwegian holding company, Liberland Shield is undoubtedly the choice of the most successful cryptocurrency investors. The company uses extreme security and privacy protocols, allowing customers to buy and sell virtually any type of luxury product or service with just an email.
All trades are carried out without any type of registration or document, through disposable trading pages. This crypto escrow platform offers customers the opportunity to purchase some of the most luxurious products available with their cryptocurrency holdings without having to worry about reliability or security issues that can be present on other similar sites.
Why We Chose It:
The first reason Liberland Shield is so trusted is their commitment to security protocols for all transactions carried out on their website. The Liberland team takes great pride in ensuring that customer data remains secure and confidential through advanced encryption techniques and zero-knowledge authentication protocols (ZKAP).
This level of protection gives customers peace of mind knowing that their personal information will not be compromised when making cryptocurrency purchases on the site. In addition to its excellent escrow service, Liberland Shield has a martplace platform where verified sellers offer customers an exclusive selection of luxury items from around the world.
Clients can browse thousands of different products, from consulting with offshore law firms to buying private islands in the most beautiful places in the world. Plus, clients have access to exclusive deals not found anywhere else, thanks to partnerships between Liberland Shield and leading offshore and luxury companies.
This crypto escrow service is seamlessly integrated into your P2P Offshore Marketplace, ensuring transactions are secure and reliable when using cryptocurrencies as payment when purchasing a high variety of cutting-edge luxury products and offshore services.
- Best choice for trading high volumes of cryptocurrencies on the OTC market.
- The company is registered in the Seychelles, a jurisdiction known for its strong privacy laws.
- While there is no fee for buyers on Liberland Shield, most sellers will pay between 0.25% to 1% in transactional charges.
- Its luxury escrow service allows the anonymous trading of high volumes of cryptocurrencies (OTC crypto market), private services, luxury real estate, luxury private islands, luxury cars, luxury motorcycles, luxury yachts, luxury helicopters, private jets, luxury jewelry, luxury watches, precious metals, gemstones, mergers & acquisitions, fine art, luxury collectibles, valuable domains, cash by mail and more.
2# Paxful - Second Best Crypto Escrow Service
Paxful is a P2P exchange created in 2015 by a group of developers whose goal is to make it easy to access Bitcoin. The platform provides an instant exchange where buyers and sellers of cryptocurrencies can meet and interact instantly.
The buyer deposits money via a Paxful payment method such as VISA prepaid, gift card code or Western Union into the seller's account.
Once the seller shows receipt of money from Paxful's escrow service, they immediately release the Bitcoins to the buyer. Merchants can accept 300 different payment methods, not to mention the ability to accept more than 85% of international buyers.
Why We Chose It:
As P2P marketplaces for buying cryptocurrencies grow in popularity, platforms like Paxful offer a valuable trading solution for new and experienced investors in countries that have no other way to get bitcoin and other cryptocurrencies. .
Paxful is a P2P exchange and digital wallet provider that supports 300 payment methods allowing customers to buy Bitcoin in 190 countries around the world. If you live in a country where centralized cryptocurrency exchange platforms are banned or inaccessible for some reason, Paxful is one of the best solutions because you can use it from anywhere there is an internet connection.
Although Paxful is not a regulated company in any country where it is present, its platform comes with KYC (Know Your Customer) and AML (Anti Money Laundering) systems to protect the entire market. In addition, Paxful creates a wallet for its user at the time of each deposit and withdrawal, reducing the risk of hacking.
Over the years, Paxful has strengthened the security of user accounts by using identity verification and two-factor authentication (2FA), which uses Google Authenticator.
- Supports buying and selling of Bitcoin, USD Coin, and Tether.
- The platform is available globally, and the minimum purchase amount in Paxful is only $10.
- Paxful brings users the ability to buy Bitcoins with almost any conceivable payment method.
- While there is no fee for buyers on Paxful, most sellers will pay between 0.1% to 5% in transactional charges.
3# Binance P2P - Third Best Crypto Escrow Service
Binance P2P is a peer-to-peer marketplace created in 2020 by Binance, the leading global cryptocurrency exchange by trading volume and users. You can buy and sell cryptocurrency without transaction fees directly from other users through the Binance P2P platform, and join the Binance P2P Global Merchants Program to earn money from P2P transactions.
As an open source and a key part of Binance’s Open Platform Initiative, Binance P2P aims to increase global crypto adoption by facilitating direct fiat-to-crypto exchanges between users and customers.
Why We Chose It:
Binance P2P (Peer-to-Peer) provides easy access to cryptocurrency through consumer-to-consumer (C2C) or business-to-consumer (B2C) and a better trading experience for crypto investors. Binance P2P provides a platform for buyers and sellers to broadcast their offers, as well as a crypto escrow service to ensure safe and timely delivery of crypto assets in every transaction.
“P2P trading is a more flexible model for fiat-to-crypto trading and allows users to choose their preferred cryptocurrencies, amount, and payment methods. We see its potential to accelerate crypto access and adoption in a decentralized way. By the end of 2020, we plan to provide Binance P2P trading services to users in over 30 countries.”
In addition to no transaction fees and VIP discounts, Binance P2P users and customers can enjoy benefits including free printing of contract listings and 24/7 customer support. Binance P2P currently supports the sale and purchase of BTC, ETH, BNB, BUSD, and USDT, as well as fiat currencies such as Chinese Yuan (CNY), Vietnamese Dong (VND), and Russian Ruble (RUB).
Users with a reliable source of fiat and cryptocurrencies can now apply to join the P2P Global Merchants program, where a good Binance P2P trader can earn $3,000-4,000 per day.
These rigorous safety measures include a crypto escrow mechanism, swift security updates, and 24/7 customer service support.
- Binance P2P offers access to 700+ payment methods and 100+ fiat currencies, and zero fees.
- The escrow mechanism is put in place to prevent incidents of theft or scam by adding another layer of trust.
- Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money.