Silk Road forums

Discussion => Silk Road discussion => Topic started by: PumpkinYeti on November 28, 2011, 01:56 am

Title: N00b escrow question
Post by: PumpkinYeti on November 28, 2011, 01:56 am

Hello! New to SR, haven't made a transaction yet, so have a stupid question which for some reason can't find the answer to anywhere...

After I read that escrow was 6.25%, I was assuming that was the fee to the buyer. So all prices I was adding 6.25% in my mind to. But now I'm thinking the seller pays the fee when they take the money out of escrow.

So who pays the 6.25%? The buyer or the seller?

Thanks fellas.

Title: Re: N00b escrow question
Post by: RapidImprovement on November 28, 2011, 02:50 am

+1 mrgrey

Title: Re: N00b escrow question
Post by: DigitalAlch on November 28, 2011, 08:55 pm

This is indeed correct, fast catch mrgrey

Peace,
DigitalAlch

Title: Re: N00b escrow question
Post by: mrgrey on December 01, 2011, 12:20 am

not that fast hehe, i mean it only makes sense, or when you checked out you would owe more BTCs ;)