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How Transactions Work

Two Ways to Transact.
One Standard of Trust.

Every deal on BTC Classics Club follows a clear, structured path. The transaction model is determined automatically based on the agreed price โ€” keeping smaller purchases fast and protecting larger ones with a full escrow process.

Model 1

Under $1,000

Direct Square Payment

Buyer pays through a secure Square checkout link. Fast, card-based, and settled immediately. Best for parts, accessories, and lower-value listings.

Model 2

$1,000 and above

Secure Escrow via Escrow.com

Funds are held by a licensed third-party escrow service until the buyer confirms receipt. Protects both sides on higher-value vehicle and parts transactions.

Model 1 โ€” Under $1,000

Direct Square Payment

Used when the agreed purchase price โ€” whether from a Buy Now or an accepted offer โ€” is under $1,000.

1

Agree on a price

Buyer clicks Buy Now or submits an offer. Seller accepts.

2

Square checkout

The buyer receives a secure Square payment link for the agreed amount plus fees.

3

Payment clears

Square processes the card payment and the transaction is confirmed immediately.

4

Seller arranges delivery

Seller ships the item or arranges pickup. Tracking is handled through the Club's shipping tools if needed.

Fee Breakdown โ€” Direct Payment

Square Processing

3.3%

Card network + Square

Club Fee

1%

Max $750 or BTC equivalent

Flat charge

+ 30ยข

Per transaction

The buyer pays the total including fees. The seller receives the agreed amount. No hidden charges.

Model 2 โ€” $1,000 and above

Secure Escrow via Escrow.com

Used automatically when the agreed price reaches $1,000 or more. Escrow.com is a licensed, regulated escrow service that holds funds on behalf of both parties until the deal conditions are met.

1

Offer agreed

Buyer and seller agree on a price through the Club's offer messaging system.

2

Escrow initiated

The Club opens an escrow transaction on Escrow.com. Both parties are notified by email to accept the terms.

3

Buyer funds escrow

The buyer deposits the agreed amount (plus Escrow.com fees) into the escrow account. Escrow.com confirms receipt.

4

Seller ships or delivers

Once funding is confirmed, the seller arranges delivery, shipping, or inspection as agreed.

5

Buyer confirms receipt

The buyer inspects the item and confirms receipt through Escrow.com. An inspection period is agreed in advance.

6

Funds released to seller

Escrow.com releases the funds to the seller once the buyer confirms. If a dispute arises, Escrow.com mediates.

Fee Breakdown โ€” Escrow

Escrow.com Fee

~0.89% โ€“ 3.25%

Varies by transaction size and payment method โ€” paid by buyer

Club Fee

1% ยท max $750

Or BTC equivalent โ€” capped regardless of transaction size

The Club fee is capped at $750 regardless of how large the deal is. On a $100,000 vehicle, for example, the Club fee is $750 โ€” not $1,000. Escrow.com's fee is separate and governed by their published fee schedule.

Shipping

Integrated Shipping for Parts and Small Items

For parts, accessories, and smaller shipments, the Club provides integrated shipping tools powered by EasyPost โ€” directly inside the transaction thread.

How it works

  • Buyer provides address

    After a deal is agreed, the buyer enters their shipping address inside the offer thread.

  • Seller gets live rates

    The seller enters their ship-from address and package dimensions. UPS, FedEx, and USPS rates are returned in real time.

  • Seller selects carrier and purchases label

    The seller picks their preferred carrier and the Club generates a prepaid shipping label.

  • Tracking is shared automatically

    The tracking number and a direct tracking link are posted to the offer thread so both parties can follow the shipment.

Carriers supported

UPS

Ground, 2-Day, Next Day

FedEx

Ground, Express, Overnight

USPS

Priority Mail, Priority Express

Shipping cost is paid by the seller and may be factored into the listing price or negotiated separately. The Club does not mark up shipping rates.

Fee Summary

ItemDirect (under $1,000)Escrow ($1,000+)
Processing fee3.3% + 30ยข (Square)0.89% โ€“ 3.25% (Escrow.com)
Club fee1% (max $750)1% (max $750 or BTC equiv.)
Who pays feesBuyerBuyer
Seller receivesAgreed amountAgreed amount (less Escrow.com's seller-side fee if any)
Funds heldNo โ€” paid directlyYes โ€” by Escrow.com until buyer confirms
Shipping toolsAvailable in threadAvailable in thread

Ready to buy or sell?

Browse current listings or join the club to post your own.

How Bitcoin Car Transactions Work โ€” BTC Classics Club