Experts in All Aspects of Cryptocurrency Law
Our Skills & Experiences
Dr. Alhammadi Law Firm provides comprehensive crypto escrow services and legal expertise in cryptocurrency law across Dubai and the UAE, offering secure, compliant transactions and protecting digital assets with the highest legal standards.
Process Flow

Agreement
Both parties agree on the terms of the transaction, including the amount of cryptocurrency to be exchanged and any conditions that must be met.
Transfer of Cryptocurrency
Once all conditions are met, the cryptocurrency is transferred to the escrow account, ensuring it is securely held.
Escrow Setup
An escrow service is engaged to securely hold the cryptocurrency until all agreed-upon conditions are fulfilled.
Confirmation of Receipt
The receiving party verifies the receipt of cryptocurrency in the escrow account, confirming that all conditions of the transaction have been met.
Verification of Conditions
The parties fulfill any necessary requirements, such as completing due diligence or providing documentation, to satisfy the terms of the agreement.
Release of Funds
After confirmation, the escrow agent releases the funds to the seller, completing the transaction securely.
Agreement:
After having discussed their requirements, the buyer and the seller sign the Escrow Agreement provided by the attorney.
Verification of Fund:
Confirms the existence of funds to be transferred to a third-party licensed cryptocurrency exchange in accordance with applicable regulations.
Escrow Wallet Setup:
Assist in recommending a third-party platform, and establishing a secure multi-signature wallet or a secure escrow mechanism, to hold cryptocurrency on a licensed third-party platform.
Monitoring the Transaction:
Ensure that the transaction complies with the terms of the contract and the delivery of the service or product.
Release of Funds:
The escrow attorney releases the client’s funds from the escrow account to the licensed exchange center upon approval from both parties.
Closing of the Escrow:
The crypto escrow attorney closes the escrow, recording the result and handing over the relevant documents.
Aaliyah James
Client