---
title: How does the escrow system work?
description: "Answer: When a trade is initiated, the cryptocurrency being sold is held in a secure escrow account by BananaCrystal. Once both parties confirm that the terms of the trade have been met, the cryptocurrency is released from escrow to the…"
url: "https://www.bananacrystal.com/faq/how-does-the-escrow-system-work/"
updated: "2024-07-24"
category: P2P Trades / Security and Escrow
---

# How does the escrow system work?

Answer: When a trade is initiated, the cryptocurrency being sold is held in a secure escrow account by BananaCrystal.

Once both parties confirm that the terms of the trade have been met, the cryptocurrency is released from escrow to the buyer.