Federal Escrow is one of the best companies offering escrow services to cryptocurrency buyers and sellers at the moment. The company specializes in crypto services and does it very well. With almost a decade in experience, the company has maintained a good reputation and fast transaction completion rate that beats all the other companies in their field.
Federal Escrow operates on three basic principles security, trust, and speed. It ensures encryption of the escrow data employing government-standard AES encryption. To maintain a level of trust, it works to satisfy both the buying and the selling party. Finally, for swift business flow transactions and payouts are sent within few clicks.
Specialization is the key in the escrow market and Federal Escrow specializes in a multitude of areas. It includes cryptocurrency trade, settling the buyer-seller disputes, capital raising, sending payouts to the injured parties, money or asset management, and brokerage services.
The company offers a quick, simple, and a 3-step process for efficient escrow payments. First of all, the buyer or seller selects the “create escrow transaction” button in the menu bar and enters all the transaction information carefully. Then the seller receives an invitation email to the escrow which helps him/her to review the proposed settings. After the seller accepts the terms and conditions, the buyer sends the funds. Both the parties are provided with links to evaluate the status of the escrow transaction. Lastly, when the funds are received, the seller ships the product, transfers the cryptocurrency, or performs the required services. The buyer then inspects the products or services and releases payments afterward.
The company can easily handle trades for large or small transactions, ensuring that the safety of both parties is safeguarded. There is no delay in releasing of funds and no extra stories after transactions have been completed. Their transaction fee is 1% and as such is affordable regardless of the size of the transaction. Either buyer or seller can pay it.
The quality services of the firm are evident from its customer retention. Many users who have completed deals of $10,000,000 and above have reported satisfactory results and Federal Escrow thrives off repeat business because many of its users always come back after the first good experience.
The company operates out of Hong Kong for tax reasons and is run by a European team of finance experts. They work with utmost dedication to offer smooth business operations for their valued customers. The experienced workforce of the company takes pride in offering the finest customer service and individual attention to the clients. The company assures that all of its employees are always well-informed of the ever-changing laws and regulations of the escrow market and that any customer won’t face any inconvenience during the process.
The trust score is very positive for Federal Escrow and they have maintained it for a long time. Federal Escrow is poised to continue to provide exceptional cryptocurrency escrow services for years to come.