Guide
How Quantum Pledge Escrow Works?
Quantum Pledge escrow service is a mediator service that keeps the money for a transaction in safekeeping until the coins are handed over. Quantum Pledge protects buyers from fraudulent sellers by requiring the Bitcoin to be deposited up front, before any money changes hands.
Step #1
Create an Account
To use Quantum Pledge, you must create an account by imputing your credentials.
Step #2
Verify your Email Address
Check your mail inbox to verify your email and complete the registration process.
Step #3
Complete the KYC
Complete the KYC form and wait for verification before you can gain full access to the Escrow Platform.
Step #4
Generate Multi-Sig Wallet
Input digital signatures to generate your Multi-Sig wallet. Ensure you have and input the correct digital signatures.
Step #5
Copy Private Key Address
Copy and save your private keys in a secret place, and be sure not to expose to third party.
Step #6
Deposit Bitcoins
You must have crypto in your Quantum Pledge wallet to start an escrow transaction.
Step #7
Create/Join New Escrow
To Start a new escrow transaction, you must know the username of the entity you are transacting with. You can also join a transaction.
Step #8
Set The Terms
You must set the escrow transaction terms carefully that must be completed by your partner user.
Step #9
Wait For Acceptance
Your partner user can either accept or decline the transaction. If they accept the escrow transaction offer, it can't be cancelled.
Step #10
Ongoing Transaction
Once the partner will accept the offer, the transaction terms into ongoing transaction which can't be cancelled.
Step #11
Wait For Partner to Finish Task
Whenever your partner user reached the goal, finished the assigned job or delivered the product/services, they can mark it as complete.
Step #12
Funds Released
Transaction has been successfully completed and funds have been transferred to your partner wallet.
They can now withdraw the funds!
ESCROW TRANSACTION COMPLETED