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description: Telegram OTC Bot
---

# ChainEscrow

### <mark style="color:purple;">Introduction</mark>

ChainEscrow offers a robust and secure intermediary service for OTC & P2P transactions on the Ethereum blockchain via a Telegram bot interface. It ensures transaction security by holding funds in escrow until all involved obligations are met.

### <mark style="color:purple;">How it works</mark>:

1. Provide the private key of the wallet you want to list/purchase a token
2. List Assets: Sellers list their assets, specifying the token, quantity, listing type (public or private), and desired price.
3. Purchase Assets: Choose between purchasing a public or a private listing. Private offers are only available with a password from the creator of the listing.&#x20;
4. Balance Verification: Once a buyer shows interest, they provide their Ethereum wallet. ChainEscrow quickly checks the wallet's balance for the specified token needed to buy the tokens (USDC or wETH). If funds are sufficient, the transaction goes through.
5. Secure Escrow Process: Upon purchase confirmation, ChainEscrow holds the payment securely.

Once both parties fulfill their parts of the deal, ChainEscrow oversees the fund transfer, ensuring both parties' satisfaction.&#x20;

### <mark style="color:purple;">Benefits:</mark>

ChainEscrow is an indispensable tool for individuals and businesses looking to conduct secure P2P transactions within the Ethereum ecosystem. Some of the biggest pros of ChainEscrow are:

**1.** <mark style="color:yellow;">**Shielding Charts from Sell Pressure:**</mark> When a significant investor sells a large number of tokens, it can lead to a sharp drop in the project's chart. This often triggers panic sells, further driving down prices. This negative chain reaction can harm the project. With ChainEscrow, large trades have no adverse impact on the token's chart.&#x20;

**2.&#x20;**<mark style="color:yellow;">**No price impact:**</mark> ChainEscrow ensures large sellers receive their full asking sum, eliminating the need for multiple transactions to potentially dodge price impact.

&#x20;**3.** <mark style="color:yellow;">**Trading without bots:**</mark> ChainEscrow completely eliminates the threat of malevolent trading bots, whether it's frontrunning or sandwich attacks.

#### Try ChainEscrow at: [https://t.me/ChainEscrowBot](https://t.me/ChainEscrowBot)
