Jun 15, 2023

LiquidTrust Is A Domainers Dream Payment Solution

LiquidTrust Is A Domainers Dream Payment Solution

Buying a domain can be a challenge, but let LiquidTrust simplify this process through a holding account.
Buying a domain can be a challenge, but let LiquidTrust simplify this process through a holding account.
Buying a domain can be a challenge, but let LiquidTrust simplify this process through a holding account.

You know that feeling. That tingling on the back of your neck when you run a search for a premium domain and find out that the perfect name is available for you to acquire! Then of course comes the almost immediate feelings of trepidation that stem from being part of a very insecure purchasing process.

On very high value domains that go for six figures or more, it makes sense to lawyer up and make sure every aspect of the arrangement is fully detailed in a transfer agreement.

When you are buying a domain for five or ten thousand dollars, doing all of that creates significant financial inertia and often becomes a game of monetary chicken where buyer and seller encourage each other to be the first to act, either releasing the domain or the payment on the promise that the other party to the agreement will follow through in a timely manner to complete the deal.

These matters become even more complicated when the buyer and seller are based in different nations, where traditional banking tools like Zelle no longer apply and KYC regulations add additional layers of complexity to the purchase.

That’s why many Domainers are making LiquidTrust a key component of all their domain buying and selling transactions. With a very simple onboarding process that costs nothing, one-time transactions for escrow and for direct pay are now possible even when the parties to their transactions are from any of 150 different countries around the globe.

Even better, once you have your LiquidTrust account created you can use it any time you like for future transactions with other buyers or sellers by simply inviting them to sign up as well. Since LiquidTrust is handling all of the KYC requirements for you, we can also provide an extra layer of security since we are already checking the information provided by the other party for you.

Finally, there's a real mainstream escrow-like payment tool capable of handling all your international transactions at a fraction of the cost you would expect. The LiquidTrust solution is also perfect for the domain name marketplaces that serve as middlemen for buyers and sellers since our escrow services can seamlessly be integrated into your back end as part of the existing purchase and transfer process on your site!

The days of finding the perfect domain and then trying to manually cobble together a payment method that works for all involved are finally over – with LiquidTrust you can focus more time on finding the domains you want, and retain the peace of mind that only comes from knowing your payment provider is monitoring the transaction and keeping you safe until both sides agree the deal is done properly.