CRYPTOESCROW GUIDES
Crypto & blockchain basics
Bitcoin, Ethereum, tokens and stablecoin risks.
Bitcoin and blockchain
Bitcoin is a digital asset whose transfers are recorded on a distributed ledger. Transactions can be irreversible. A blockchain record does not establish that a seller or item is trustworthy.
Ethereum and tokens
Ethereum supports programs called smart contracts and assets such as tokens and NFTs. Sending to the wrong network or contract can result in loss. Do not send funds before payment services are configured.
Stablecoins
Stablecoins aim to track another asset, commonly the US dollar, but can lose their peg and carry issuer, reserve and network risks. No stablecoin conversion or custody is provided here.