Hansa Market is an up-and-comer with excellent uptime, reliable vendors, decent variety, and a solid reputation thus far. The main attraction to this market is the direct buyer-to-vendor payment system. Users do not even have a Bitcoin wallet on the site. Whether this actually increases security is not clear to us, but Hansa claims the market is far more secure than its rivals. Time will tell…
Hansa Market offers very quick and easy registration, with an easy-to-enter captcha, but it doesn’t feel as secure as Alphabay because it doesn’t ask for a PIN or offer a password recovery pneumonic. Claims to focus on trustless payments, claiming to be ‘The Darknet Market with the main focus on a trustless payment system, which makes it impossible for the vendors OR the site staff to run away with Bitcoins of the buyers.’ The interface was excellent and the site loads very quickly, but buyers might be disappointed in the lack of variety. When we reviewed the site (December 2016), there were only 10,189 drug listings, 1511 fraud listings, 7907 digital goods, 1369 erotica listings and a couple hundred other misc listings. They do not allow FE (finalize early) or partial escrow releases. The site claims it is impossible for the admins to steal any Bitcoins because the payments are peer-to-peer; you don’t even have a Bitcoin wallet on Hansa Market. When you go through the checkout process, you pay directly to the vendor, similar to if you bought something on Shopify. This is definitely a unique payment system for a deep web market, and it seemed to work quite flawlessly. Due to the number of exit scams, this market deserves to be more popular.
The escrow system is very good: ‘Optional 2-of-3 multisig for buyers and 2-of-2 multisig as a fallback for buyers that do not want to bother with multi-signature. Funds can only be accessed by the vendor after orders are finalized and can never be accessed by the market staff. Theft is impossible.’ The market accepts BTC only.
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