Using RahaKaitse for Domain Name and NFT Transfers

Digital asset transfers — domain names, NFTs, and similar online property — carry a unique risk: once ownership is transferred, there's usually no way to undo it. That makes escrow protection especially valuable for these kinds of trades.

Why digital assets need extra care

Unlike a physical item that can sometimes be returned, a domain name transfer or NFT sale is typically final and instant on the receiving end. A buyer who pays before the transfer is confirmed risks losing money with nothing to show for it; a seller who transfers before payment clears risks handing over the asset for nothing.

How RahaKaitse fits this use case

• The buyer deposits the agreed payment into the RahaKaitse smart contract first.
• The seller initiates the domain transfer (through the registrar's transfer process) or the NFT transfer (to the buyer's wallet), knowing the funds are already secured.
• The buyer verifies successful transfer of ownership — the domain now resolves under their account, or the NFT appears in their wallet.
• Only then is payment released to the seller.

Practical tips for this type of trade

Agree on the exact transfer method in advance (registrar transfer code vs. account-level transfer for domains; wallet address and network for NFTs), and double-check wallet addresses and domain spelling before initiating anything — blockchain and registrar transfers cannot be reversed once confirmed, so escrow protects the payment, but accuracy on both sides still matters.