Many people may not be familiar with the word escrow.
Escrow is a trusted 3rd party system setup to ensure a safe transaction during an exchange. An example is a case where you may need to buy an item from an unknown person in an unknown location, you will definitely need a trusted third-party (usually a reputable establishment) to standing in the gap by holding your funds until the item is delivered by the seller before fund is released. This third-party is the escrow system put in place to protect both the buyer and the seller from being scammed. The escrow system used for internet transactions is usually automated (not bias) and may attract a fee. However, it is safer and more convenient to use. It is applicable in many forms of transactions which includes eCommerce, freelancing and even crypto exchange.
The use of an escrow-enabled crypto exchange/marketplace like [url]GekoBox.com[/url] can be used to buy or sell bitcoins and other cryptocurrencies has become a fast, easy, secure and reliable means for people to trade their cryptocurrencies for fiat. It helps to connect buyers and sellers and also keeps them private/anonymous.

How it works.
In currency exchange (cryptocurrency - like Bitcoin inclusive), a trader(buyer/seller) has the ability to put up an advert to buy/sell at a particular price, that becomes visible to other users/visitors. When interested client initiates a trade, the fund is locked in the escrow for a period specified by the trader, as a window period for both parties to complete transaction. If both parties have confirmed the transaction, the escrowed fund is released and the trade is completed. Else, the trade could either be cancelled(by buyer), expire(after window period elapses) or disputed(if there is a misunderstanding or unsatisfactory trade).

This method of security during trade in an open exchange market/platform is more viable & fast, and puts the minds of both buyers and sellers at rest, however, one must be careful not to fall prey to fraudsters and scammers, as there are many fraudulent means or platforms/forums used to lure people to losing their funds.
GekoBox is a great bitcoin marketplace/exchange for many reasons -
1. It has low escrow fees.
2. Multiple payment methods.
3. Available globally.
4. Post trade ad for free.
5. No trade limit.
6. 24/7 online support.
7. Awesome referral bonuses.
8. Latest security applications and many more

When selecting a platform to buy and sell bitcoins, you may want to check and compare features like security, charges and benefits. In my comparison, GekoBox provides all key requirements/features as well as many great benefits for buyers and sellers.

I have over 5years experience in trading currencies (especially cryptocurrenies), and have traded on many platforms.
Based on my years of experience, I am familiar with couple of strategies used by scammers. I will be glad to help people get into genuine business(trading) and also escape being defrauded.

My contact details:
Email: thebtcfancytrader@gmail.com

Noted!