Large-scale transactions. Risk-free.
It’s safe with Simplex.
When buying large amounts of crypto via wire transfer, counterparty risk creates multiple transaction limitations. Simplex’s escrow service is designed to eliminate all risk factors. The escrow service increases accessibility for buyers who were previously hesitant to perform transactions of this size, thereby expanding the number of potential sellers.
Simplex eliminates risk by acting as a trusted payment agent that collects and holds the fiat – settling only after the three parties involved (buyer, seller, and Simplex) confirm that the crypto transaction was successful. According to the detailed and defined escrow process, transactions are approved after being documented on the blockchain.
Simplex’s fraud elimination expertise, wide banking network, vast blockchain technology knowledge, extensive crypto space experience and proven reputation help create a truly unique premium escrow service.