CRYPTO Escrow Locker by Title App

Crypto Escrow Locker Service

Secure Large Crypto Transfers with Multi-Sig Wallet Protection

When dealing with high-value cryptocurrency transfers, trust and security are paramount—especially when transacting with someone you don’t know. The Crypto Escrow Locker Service from Title App offers the ultimate safeguard for large crypto transactions. With multi-party release features, multi-sig wallets, and digital notary verification, your funds remain secure until all parties agree to the terms.

How the Crypto Escrow Locker Works:

1. Multi-Sig Wallet for Transaction Security:
   A multi-signature (multi-sig) wallet is created for each transaction, requiring approval from multiple parties before funds are released. This ensures that both the buyer and seller must agree before any crypto can be transferred, providing complete transparency and protection.

2. Digital Notary Verification:
   To further enhance security, the transaction includes a digital notary who verifies the identity of both parties, ensuring that the people involved are legitimate. This extra layer of verification reduces the risk of fraud.

3. Multi-Party Release Conditions:
   The multi-sig wallet requires approval from all parties involved, including a third-party notary, to release the funds. This ensures that the transaction is only completed when all conditions have been met, providing both sides with peace of mind.

4. Blockchain-Backed Proof:
   Once the transaction is finalized, Title App provides blockchain-backed proof of completion, ensuring that the terms of the transaction and the release of funds are permanently recorded and tamper-proof.

Why Use Title App’s Crypto Escrow Locker?

• Security You Can Trust: With a multi-sig wallet and digital notary, your crypto is held securely until the transaction is complete, eliminating the risks associated with large transfers between unknown parties.

• Flexible Transaction Terms: The escrow process allows for customized conditions before funds are released. Whether you need verification of assets, additional document checks, or approval from third parties, our platform can accommodate your specific needs.

• Blockchain Transparency: Every step of the transaction is recorded on the blockchain, creating a permanent, tamper-proof record that ensures all parties can verify the transaction’s legitimacy at any time.

• Global Transactions Simplified: Whether transacting across borders or dealing with unknown parties, the Crypto Escrow Locker Service simplifies complex transactions, making it easy to transfer large amounts of cryptocurrency safely and securely.

Use Cases for the Crypto Escrow Locker:

• High-Value Crypto Transfers: For any large cryptocurrency transactions where trust is not guaranteed.

• Peer-to-Peer (P2P) Sales: Ensure a smooth and secure transfer of crypto between two parties, even if you don’t know or trust each other.

• Cross-Border Deals: Facilitate international cryptocurrency deals where both sides need an extra layer of security.

Pricing:

• Flat Fee-Based Service: Our escrow service charges a flat fee, based on the complexity of the transaction, rather than a percentage of the transfer amount.

• Includes Multi-Sig Wallet Setup, Digital Notary, and Transaction Monitoring.

Escrow dispersement

How Escrow Locker Works:

1. Secure Ownership Transfer: Once both parties agree to the terms, the asset’s DTC is transferred to the buyer’s name after payment is released from escrow. The tracking of the asset (if applicable) automatically switches to the new buyer if they choose to subscribe.

2. Simple to Complex Transactions: The Escrow Locker can handle a variety of transactions:

• Simple Sales: For low-value items like bikes, only a basic ID check is required.

• Complex Sales: For assets like cars, boats, or real estate, multiple steps may be required, including digital notaries, disclosures, inspections, and structured payments.

3. Flat Fee Based on Complexity: The Escrow Locker charges a flat fee based on the following factors:

• ID Check: Basic or advanced ID verification.

• Digital Notary: Required for items like artwork, real estate, or vehicles.

• Power of Attorney Notary: Needed for government-registered assets like cars, boats, and planes.

• Documentation & Disbursements: The more complex the transaction (disclosures, multiple payments), the higher the fee.

4. Transaction Currency: Payments are made using USDC or USDT, providing a secure and stable currency option. Don’t have crypto? No problem! You can also pay via credit card or wire transfer, with a small processing fee.

Escrow Locker Benefits:

• Secure Transactions: Escrow holds the funds until both buyer and seller meet all terms.

• Verifiable Ownership: The DTC system ensures that ownership transfers are legitimate and tracked.

• Flexible Payments: Support for both cryptocurrency (USDC/USDT) and traditional methods (credit card, wire transfer).

Transparent Fees: No hidden percentage-based fees. Pay a flat fee based on the transaction's complexity.