How it works?

  • Step #1

    Create an Account

    That is the first thing. You must have an account to use our escrow service.

  • Step #2

    Verify your Email Address

    Check your email to complete your account registration process.

  • Step #3

    Deposit Bitcoins

    To start an escrow with someone, you need bitcoins in your account. You can send bitcoins to your Coinapple account from another wallet. Coinapple, on top of being an escrow service, is also a bitcoin wallet!

  • Step #4

    Create New Transaction

    Start a new escrow transaction and provide a time frame, amount, and other information related to the transaction. You must know your partner is username on Coinapple so that you can start a transaction with them.

  • Step #5

    Set The Terms

    You must set the terms that must be met before bitcoins are released. The terms are something that must be completed by your transaction partner before you can release the money.

  • Step #6

    Wait For Acceptance

    Your partner can either accept or decline the transaction. If they accept, you can no longer cancel the transaction.

  • Step #7

    Ongoing Transaction

    Once they accept, the transaction is considered ongoing. You can no longer cancel the transaction as the money is locked in escrow. Your partner can feel safe knowing that they will receive bitcoins that are locked in escrow after completing this transaction.

  • Step #8

    Wait For Partner to Finish Task

    Once your partner has finished the task, they can mark it as complete.

  • Step #9

    Verify Task and Release Bitcoins

    Once you have checked and made sure that the task is complete, you can release bitcoins.

  • Not satisfied?

    Dispute Transaction

    If you are not satisfied with the transaction, you can dispute the transaction and a staff member will be assigned to your case to help resolve the dispute.

  • All is ok?

    Funds Released

    Transaction has been successfully completed and funds have been transferred to your partner wallet. They can now withdraw funds or use them on more transactions!

  • Transaction completed!