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How Coinsavr Works

Getting Started
Create an Account
That's the first thing. You must have an account to use our escrow service.
Verify your Email Address
Check your email to complete your account registration process.
Setting Up Wallet
Deposit Bitcoins
To start an escrow with someone, you need bitcoins in your account.
Setting Up Transaction
Find Out Your Partner's Username
You must know your partner's username on Coinsavr so that you can start a transaction with them.
Create New Transaction
Start a new escrow transaction and provide a time frame, terms and other information related to the transaction
Wait For Acceptance
Your partner can either accept or decline the transaction. If they accept, you can no longer cancel the transaction.
Transaction Ongoing
Ongoing Transaction
Once they accept, the transaction is considered ongoing. You can no longer cancel the transaction as the money is locked in escrow.
Wait For Partner to Finish Task

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

For example, if your partner was supposed to write you an essay, they must send you the essay before marking it as complete. Of course, if they physically mailed the essay to you, for instance, they can simply mark the transaction as complete by providing a tracking number.

Verify Task and Release Bitcoins
Once you have checked and made sure that the task is complete, you can release bitcoins.
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.
Finishing Up
Funds Released
Transaction has been successfully completed and funds have been transferred to your partner's wallet.
Transaction Complete
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