BitCheck is a digital escrow solution designed for B2B transactions, allowing verified XREX users to send and receive funds securely and efficiently within XREX Pay. Supported assets include USD, USDC, and USDT.
As an escrow mechanism, BitCheck holds funds on behalf of transacting parties and releases them only in accordance with predefined conditions agreed between the parties. BitChecks can be:
released directly by the sender,
released upon mutual agreement, or
canceled only with mutual consent.
All actions can be completed within minutes on the XREX Pay platform. For further details, please refer to this article: How to use BitCheck?
All users on the XREX Pay platform undergo identity verification using relevant due diligence processes. This reduces counterparty risk and helps you build a trusted network in a secure environment.
BitChecks is designed to support secure digital transactions by enabling interactions only between verified users within a regulated framework.
To learn more about XREX Pay, please visit our official website.
Disclaimer
XREX is committed to complying with all applicable regulatory requirements. The type and scope of services provided may vary depending on the jurisdiction where you are located and the relevant regulations for that jurisdiction.