From there, the buyer has X days to send the required funds for the transaction. Once the funds are received, the seller is notified and will ship/send/release the product or service the buyer purchased and the 'inspection period' has begun. (When setting up the transaction, make sure to leave enough time for shipping as well.)
When the buyer receives their product/service they will either click 'Release Funds' if they are happy with the purchase to send the funds to the seller or they can click 'Start Dispute' if there is a problem. If the buyer doesn't click either option the escrow will time out after the configured number of days and release the funds to them automatically.
HexcroftSecurities guarantees to always distribute intermediary and broker commissions to all parties, 100%.
IMFPA must be duly filled completely by all intermediary parties involved and forwarded to [email protected] for approval and proceedings.
IMFPA must include;
- Buyer & Seller ID
- Bank Information /
- Cryptocurrency wallet address/type (eg: bitcoin address)
- Signature of all parties/intermediaries
- If you’re a registered user, include ID only
- Non-registered intermediaries may include proof of ID (entity) for easy vetting.
If your Buyer/Seller is on board you can easily create escrow with other party ID.
When it comes to funding, your Buyer/Seller requests via his dashboard for funding and a nominated account/address will be given.
For withdrawal, you click on withdraw funds and select a secured means for your withdrawal.
NB: Upon the fulfillment of the coins transfer, your dashboard will show available received amount in fiat balance. When a withdrawal is requested, fiat transfer is processed and is usually delivered to the buyer within 1 – 3 business days, depending on the jurisdiction (country), bank and the currency.
HexcroftSecurities can arrange your trade as priority if you can submit buyer & seller contract then confirm the following;
- Buyer/Seller closing date?
- Country of incoming funds?
- Volume in Tranche (Btc & amount in USD)
This helps us fix spot rate and move quickly.
Sign an NDA and a Zoom/Skype call can be arranged where both parties conduct verifications.
(Party – Party)
This rarely occurs and varies from sellers – buyers who feel comfortable to connect.
We ensure total availability of coins and fiat before proceeding to create escrow. Safety of a User’s fund is guaranteed and made paramount in HexcroftSecurities.
HexcroftSecurities deeds are recognized by several SRO bodies and operates a decentralized system wherefore we do not disclose such information.
Like our other pioneers and visionaries; We believe cryptocurrencies will play an important role in payments processing and as stores of value, as well as have a multitude of other applications in many industries in the coming years.
Our mission is to provide an easy-to-use marketplace that makes crypto assets more accessible for everyone who wants to stay anonymous. Our team includes successful serial technology experts, investors, and crypto enthusiasts that understand the industry, the value of blockchain technology, and how to successfully process a transaction.
Customer service is one of our top priorities and we are proud to offer 24/7 support to all users. If you would like to converse and get to know us better, send us a message now.
You can as well send us an email to; [email protected]