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Writer's pictureRaymond Chai

OTCbid - Bitcoin price bounces back closer to 2021 all time high



" Bitcoin is attempting to stage its next comeback as it came close to $US50,000 ($A68,000) for the first time since May as the broader cryptocurrency market also looked to claw back massive losses.

The most popular cryptocurrency, bitcoin is trading at $A44,500, and comes after the top ten cryptos, including ethereum and dogecoin, added $US300 billion ($A409 billion) to the market over the past week. Tony Sycamore, APAC market analyst at City Index, said the bitcoin rally comes after last week’s ethereum upgrade and renewed optimism towards a bitcoin ETF, which would allow investors to buy into the digital coin without going through the complicated process of trading. “This is overshadowing concerns the US could be about to pass legislation including cryptocurrency as part of tax reporting legislation in the Infrastructure and Jobs Act,” he noted. " - Read Full Article


Source: News




365K BTC BUYER IN US

" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."

- OTCbid

-8% Gross, -5% Net, Cex.io Escrow, UK, Washington


Seller Mandate Only - OTCbid.com



NEW: 365K BTC @ -8% gross, -5% net, Cex.io Escrow, UK, Washington - Look For Seller

(Buyer : PLER GM-Tele-Text)

Post: 11.8.21

​​​​​​

  • A buyer in Washington is looking for 365K BTC @ -8% gross, -5% net.

  • I AM DIRECT TO BUYER MANDATE

  • Buyer = 5%

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • First tranche = 1000 BTC

  • Escrow company www.cex.io

  • If Seller agrees with SPA I will forward escrow agreement

  • PROCEDURE:

​​​​​

  1. Buyer fills this Purchase Agreement and the Escrow Agreement.

  2. Seller fills this Purchase Agreement and the Escrow Agreement.

  3. Due Diligence.

  4. Buyer signs this Purchase Agreement and the Escrow Agreement.

  5. Seller signs this Purchase Agreement and Escrow Agreement.

  6. Escrow Agent signs the Escrow Agreement.

  7. Escrow Agent shall show proof of coins for USDT on behalf of the Buyer to prove availability to the Seller. Seller shall provide proof of coins for BTC to prove availability to the Buyer. Such Proof of Coins for both USDT and BTC should be satisfactory to the Buyer and to the Seller accordingly.

  8. Upon execution of this Agreement and the Escrow Agreement, Buyer shall within one business day arrange to Escrow Agent the sum in Tether (USDT) sufficient to be applied to the purchase tranches in “Annex A”.

  9. Within one business day the Escrow Agent confirms the USDT. Seller transfers coins to Buyer wallet addresses for the first tranche and thereafter will transfer coins for subsequent tranches as mutually agreed.

  10. Buyer and Escrow Agent validates the coin received in each tranche on the blockchain with 6 times confirmations.

  11. Following coins validation Escrow Agent will transfer the Purchase Price for such tranche to the Seller’s nominated USDT Wallet. The Purchase Price will be the BTC price determined on www.bitcoin.com less 6%.

  12. Upon completion of each and every tranche transaction, Seller shall disburse the 2% total commissions in the IMFPA in BTC denomination (in 50:50 ratio whereas 1% go to the Seller’s BTC-paymaster and 1% - to the Buyer’s BTC -paymaster).

  13. The procedure from Part 2.2.8 to Part 2.2.12 will be repeated accordingly until the entire agreement with the purchase tranches in “Annex A” is finalized and Parties will exchange “end of agreement confirmation” letters.

  14. Escrow Agent fee to be settled according to the Escrow Agreement.​

SELLER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • OTCbid.com

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