This document is prepared for review by qualified counsel in the jurisdiction where the service operates. Where a signed escrow agreement covers a specific trade, that agreement governs the trade.
1.General
Only trade amounts you can afford to lose. This disclosure does not list every risk. If you are unsure whether a trade is right for you, seek independent financial, legal, or tax advice. BridgeEscrow does not provide advice.
2.No banking or insurance protection
BridgeEscrow is not a bank. Assets held in escrow are not covered by deposit insurance, investor-compensation schemes, or any government guarantee.
3.Irreversible transactions
Blockchain transfers cannot be reversed. If you send assets to the wrong address, on the wrong network, or in the wrong token, they may be lost permanently. Check the deposit address, the network (Bitcoin for BTC, TRON TRC20 for USDT), and your payout address before every transaction.
4.Network risks
Blockchain networks can become congested, fees can rise sharply, and confirmations can be delayed. Networks may also experience forks, reorganizations, bugs, or attacks. A reorganization can reverse a confirmation; in that case the related ledger credit is reversed until the transaction confirms again.
5.Stablecoin risks
USDT is issued by Tether. Its value depends on the issuer maintaining its reserves and peg, and the issuer can freeze or blacklist addresses. USDT on TRON also depends on the TRON network operating normally. A loss of peg, an issuer freeze, or a TRON outage could affect the USDT side of an escrow.
6.Market risk
Escrow amounts are fixed in units of each asset when the agreement is signed. The market value of BTC relative to USDT can move significantly before release. The escrow does not protect either party against price movements, and neither party can change the agreed amounts unilaterally.
7.Counterparty risk
The escrow protects you from releasing your asset without receiving the other side, but it cannot force your Counterparty to deposit. If they do not deposit by the deadline, the trade does not complete and your deposit is refunded less network fees, which may take time to process.
8.Custody and operational risks
We use segregated deposit addresses, encrypted storage, dual approval, and monitoring, but no system is free of risk. Cyberattacks, key compromise, software errors, provider outages, or human error could delay or prevent a release or refund.
9.Compliance delays
Identity, sanctions, and address-screening checks can delay deposits being credited or releases being sent. We may freeze assets where the law requires it.
10.Regulatory risk
Laws governing digital assets are changing in many countries. New rules could restrict the service, change how it operates, or make certain trades unlawful where you live. You are responsible for ensuring your trades are legal for you.
11.Tax
Trades may create tax obligations, such as capital gains, income, or reporting requirements. You are responsible for your own tax affairs. We may be required to report information to tax authorities.
Questions about this document?
Write to info@bridgescrow.com and include your escrow reference if it concerns a trade.