Escrow · USDT & USDC on Solana
Pay when the deal is done.
Luindy stands between buyer and seller as a neutral escrow agent for international purchases. The buyer's USDT or USDC waits in the deal's own address on Solana, in plain view of both sides, and goes to the seller once the agreed conditions are met.
Escrow · Deal 2417
ReleasedGold bars, 2 × 1 kg
150,000.00
Buyer
Daniel K.
Seller
Amira S.
- Agreed12 Sep
- Funded15 Sep
- Delivered22 Sep
- Released23 Sep
- Held at
- 7qEm…Rk4c
- Evidence
- Assay report, air waybill
- Escrow fee
- 1,750.00
0.5–1.5%
Escrow fee, lower as deals grow
Minimum 25 USDT
2 days
Usual review of both parties and the deal
Business days
1 day
Usual release once conditions are met
Business days
1,000
Minimum deal, in USDT or USDC
01What you can escrow
For deals where neither side wants to go first.
Buyer and seller are often in different countries and may never have met. Escrow lets the buyer show the money is there and the seller know it will be paid, before anything ships.
OTC crypto trades
Buying BTC, ETH or other coins over the counter for USDT or USDC. The stablecoins wait in escrow until the coins arrive as agreed.
Evidence · transaction hash
Gold, precious metals and stones
Bullion, coins and stones bought from a dealer or refiner in another country. Release can wait for an assay or inspection certificate and confirmed delivery.
Evidence · assay, inspection, delivery
Other high-value goods
Equipment and other goods bought across borders. The shipping and inspection documents you both expect become the conditions for release, written down before the buyer pays.
Evidence · shipping and inspection documents
02How it works
Agree, fund, deliver, release.
- 01
Open a deal
Either party opens it in the Luindy app: what is being bought, the amount, the conditions for release and who pays the fee. Then invite the other party by email.
- 02
We review it
Our team verifies both parties, with identity checks and business verification for companies, reviews the deal itself and confirms the fee. This usually takes up to 2 business days.
- 03
Everyone signs one agreement
Buyer, seller and Luindy sign a single tri-party agreement. It sets out exactly what has to happen before the money moves.
- 04
The buyer funds the escrow
From their Luindy wallet in one step, or by sending USDT or USDC on Solana from any wallet to the deal's own escrow address. Both parties can see the funds arrive on-chain.
- 05
The seller delivers
Goods, metal, coins or documents are delivered as agreed. Both sides upload the evidence to the deal: shipping documents, assay or inspection certificates, transaction hashes.
- 06
We release the funds
Once the conditions are met, because the buyer confirms or because our team has verified the agreed evidence, the seller is paid, usually within 1 business day. If they are not met under the agreement, the buyer gets the money back.
Where the money waits
One deal, one address.
Every deal gets its own escrow address on Solana. What the buyer pays in stays there, separate from Luindy’s own money and from every other deal, until it is released to the seller or returned to the buyer. Neither side has to take our word for the balance: it is on-chain, and both can check it at any time.
- 01
Dedicated to the deal
The escrow address is set up for one deal and used for nothing else.
- 02
Fund it your way
Pay in from your Luindy wallet in one step, or send USDT or USDC on Solana from any wallet.
- 03
Visible to both sides
Buyer and seller see the same balance, on the deal screen and on-chain.
- 04
Moves only under the agreement
To the seller when the conditions are met. Back to the buyer if they are not.
03Why both sides can say yes
A neutral party with a paper trail.
Both parties verified
Identity checks for individuals and business verification for companies, before any money moves.
One signed agreement
Buyer, seller and Luindy sign the same document. What releases the money is written down, not assumed.
Evidence on record
Shipping documents, certificates and transaction hashes are uploaded to the deal, where both sides can see them.
On neither side
Luindy is not buying or selling. Our only part in the deal is to hold the money and follow the agreement.
Disputes and cancellations
If a deal doesn’t go to plan.
Either party can raise a dispute from the deal in the app. The funds stay in escrow while our team works through the evidence against the signed agreement. The outcome follows the agreement: the seller is paid if the conditions were met, and the buyer gets the money back if they were not.
Fees
Lower as the deal grows.
One fee, worked out in bands: each rate applies only to the part of the deal inside it. The buyer, the seller, or both equally can pay it, and you choose when you open the deal.
| Portion of the deal | Fee |
|---|---|
| On the first $50,000 | 1.5% |
| On the portion from $50,000 to $500,000 | 1.0% |
| On the portion above $500,000 | 0.5% |
Worked examples
| Deal | Fee | Effective |
|---|---|---|
| $10,000 | $150 | 1.5% |
| $100,000 | $1,250 | 1.25% |
| $1,000,000 | $7,750 | 0.775% |
| Minimum fee | 25 USDT |
|---|---|
| Minimum deal | 1,000 USDT or USDC |
| Who pays | Buyer, seller, or split 50/50, chosen when the deal is opened |
| Network fees | Covered by Luindy |
| Inspection, assay, vaulting, freight | Quoted at cost and agreed upfront, only if the deal needs them |
| Cancelled before funding | Free |
| Funded deal unwound | Buyer refunded less the escrow fee, unless the agreement says otherwise |
Escrow questions
Asked often.
What is Luindy escrow?
Luindy acts as the neutral escrow agent between a buyer and a seller. The buyer pays USDT or USDC into the deal's own escrow address on Solana, and we release it to the seller once the conditions in the signed agreement are met. It is built for international purchases: over-the-counter crypto trades, gold and other precious metals and stones, and other high-value goods.
Who can use escrow?
Individuals and companies, in any country. Either the buyer or the seller opens the deal in the Luindy app and invites the other party by email. Before any money moves, our team verifies both parties (identity, plus business verification for companies) and the deal itself. The minimum deal is 1,000 USDT or USDC.
How are the funds held?
Each deal has its own dedicated escrow address on Solana. The buyer funds it from their Luindy wallet in one step, or by sending USDT or USDC on Solana from any wallet. The money held there is kept apart from Luindy's own funds and from every other deal, and both parties can see it on-chain.
How long does it take?
Reviewing the parties and the deal usually takes up to 2 business days. Once the agreed conditions are met, either because the buyer confirms or because our team has verified the agreed evidence, we release the funds to the seller, usually within 1 business day.
What happens if there is a dispute?
Either party can raise a dispute in the app. The funds stay in escrow while our team works through the evidence both sides have uploaded, such as shipping documents, inspection certificates or transaction hashes, against the signed agreement. If the conditions for release are met, the seller is paid. If they are not, the buyer gets the money back.
How much does escrow cost?
1.5% on the first $50,000, 1.0% on the portion from $50,000 to $500,000, and 0.5% on the portion above $500,000, with a minimum fee of 25 USDT. A $100,000 deal costs $1,250. The buyer, the seller, or both equally can pay it, chosen when the deal is opened. Luindy covers the network fees, and cancelling before the deal is funded costs nothing.
Get started
Let the money wait.
Open an account and verify your identity, then open a deal and invite the other party. Our team usually reviews it within 2 business days.