EscrowDapp Overview
- What is EscrowDapp?
EscrowDapp is a Web3 tool that acts as a neutral third party between buyer and seller to protect both parties from potential fraudulent actions of the other by using smart contracts. When the buyer initializes an escrow transaction, the buyer's coins/tokens are locked in a smart contract. Once the buyer confirms the seller's obligations are fulfilled, the buyer can release funds to the seller.
- Main Features
- Ensures that funds are only released when all transaction conditions are metMulti-blockchain supportFull transparency of transaction processesUser-friendly interfaceFixed 1% Fee
Frequently asked questions
The fee for using EscrowDapp is a fixed 1% fee from escrow transactions.
EscrowDapp supports multiple blockchains including Avalanche, BNB Smart Chain, Ethereum, Fantom, Polygon, and TomoChain.
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