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Writer's pictureRaymond Chai

OTCbid - Coinbase brings cryptocurrencies to Wall Street



" The arrival of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for bitcoin is in full swing, despite questions about the sustainability of the market.

The first company devoted entirely to cryptocurrency to enter the US stock exchange, Coinbase -- which will be listed under the symbol COIN -- is already a heavyweight.

Estimates vary depending on the method of calculation, but its capitalization is expected to range from $70 to $100 billion, the largest IPO for a US company since Facebook in 2012.

Coinbase chose a direct listing, which does not allow it to raise new funds but does offer current shareholders -- founders, employees and historical investors -- the opportunity to sell their stocks on the market. " - Read Full Article


Source: Yahoo





50K+ BTC SELLER IN GERMANY AVAILABLE


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

-5% Gross, -3% Net, F2F, B2B, Escrow2Escrow, Lawyer, Zurich - Buyer Mandate Only - OTCbid.com


NEW: 50K BTC with R&E @ -5% gross, -3% net, F2F, B2B, Escrow2Escrow, Lawyer, Germany - Look For Buyer

(Seller : SH TK)

Post: 13.4.21

​​​​​

  • A German Seller is selling 50K BT with R&E @ -5% gross, -3% net

  • Buyer = 3%

  • Buyerside = 1 %

  • Sellerside = 1 %

  • Escrow = Paid by buyer and seller 50/50 (TBA)

  • First tranche = 1000 BTC

​​

  • PROCEDURE :

  1. Buyer and Seller shall sign the Purchase Agreement.

  2. Buyer shall show proof of funds for the first tranche via an active recent bank account statement of United States Dollars in cash via screen or email. Seller shall show a screen shot to the buyer via screen or email one of his/her wallets showing available BTC for the tranche.

  3. Buyer and Seller shall sign the Escrow Agreement nominated by seller. Buyer and Seller shall forward to the Escrow Agent exact wire information and banking coordinates for the each of the parties and their respective representatives.

  4. Escrow Agent shall endorse the Escrow Agreement and shall circulate the completed Escrow Agreement to the Seller, Seller transfer to buyer.

  5. Upon execution of the Purchase Agreement and the Escrow Agreement, Buyer shall wire to Escrow Agent the sum of FIFTY MILLION DOLLARS ($100,000,000 USD) to be applied to the purchase of the first tranche of 2,000 BTC (“Initial Deposit”).

  6. Escrow Agent shall inform both Buyer and Seller receipt of the Initial Deposit.

  7. Seller shall initiate placement of the first tranche of the BTC directly into the Buyer’s Wallet. Buyer shall provide its BTC Wallet information upon execution of the Purchase Agreement.

  8. Seller shall provide evidence of said deposit of BTC after receipt of confirmation of the Buyer’s funds.

  9. Thereafter, Buyer shall confirm receipt of the evidence of the deposit in its Wallet.

  10. Upon receipt of the Initial Deposit, Buyer and Seller direct Escrow Agent to disburse up to $________________ or ____% of the Initial Deposit to Seller.

  11. Upon deposit of entire first tranche with Buyer as evidenced by Seller, Escrow Agent shall disburse the remainder of the Initial Deposit less payments for commissions and payments due to Escrow Agent. All payments shall be made via wire transfer. Escrow Agent shall disburse funds within 24 hours of the transaction being consummated and after both Seller and Buyer verify same in writing.

BUYER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • T.me/otc_bid

  • OTCbid.com

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