If you spend time reading and participating in web design forums, the topic of completing assignments on freelancing platforms will invariably come up from time to time, and you will likely run into accounts from self-employed professionals whose experiences with certain platforms has been less than fortunate. We've all heard horror stories about not getting paid for work completed to satisfaction, and this seems to happen on some platforms more than others.
The escrow system on some freelance marketplaces leaves a lot to be desired because it largely favors clients, some of whom may not have the best intentions when posting their projects for bidding. It is up to freelancers to carefully evaluate the terms of service and figure out what they should do in the worst-case scenario, which is running into a client who will take the work and run without paying.
Not everything is terrible on these freelancing platforms; some of them are quite busy and can provide a steady source of income, perhaps not enough for professionals who are used to landing lucrative contracts. Some freelancers will only work on these sites when their regular flow of projects dries up. Other self-employed professionals will take up work on these platforms to earn what some people call "beer money." While the flow of projects posted to these sites seems to be steady, fully depending on just one platform is risky because there may be periods of downtime, and there is always the potential of the site folding without warning.
One piece of advice that freelancing veterans always mention is having backup plans. If a client refuses to pay and the platform refuses to intervene, you can always sell your work elsewhere, even if it is for pennies on the dollar, but the loss will not be as severe. For more information click here https://www.reddit.com/r/web_design/comments/ew80vl/as_a_remainder_stay_away_from_freelancercom/.