How to Initiate an Escrow Transaction?
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What is an Escrow Transaction
When users trade digital assets, the initiator's assets are first transferred to the platform's escrow. Once the counterparty completes the transaction at the agreed price, both parties' assets are immediately credited, making it more secure and convenient.
Are There Any Fees
Currently, BitKan's escrow transactions are fee-free.
How to Create an Escrow Transaction
Open the BitKan APP, enter the chat interface, click the "➕" icon at the bottom right, and select "Escrow Transaction." Follow the on-screen instructions to select the currency, enter the amount, price, and other key information. Click "Create Escrow Transaction" to publish.
Risk Warning: Users initiate and complete escrow transactions at their own risk. BitKan only provides necessary technical assistance and does not participate in the escrow transaction or guarantee the process or outcome in any form.