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OTCbid - Is Bitcoin The New Gold? Indians Pour Billions Into Crypto

" Bitcoin maximalists have always been known to refer to Bitcoin as digital gold. There are speculations that Bitcoin will overtake gold in the coming years as a preferred store of value. This seems to be the case with each bull market as Bitcoin outperformed gold by 10 times in 2020.

Gold has always been a preferred investment for households in India. This is due to what it signifies in the culture and society. Gold is a symbol of wealth and good health in Indian society. It is also a symbol of purity in some religions as gold is believed to purify anything it touches Households in India own more than 25,000 metric tonnes of gold. Putting Indians amongst the top biggest holders of the precious metal in the world.

But the tide seems to be turning with Millenials. Young people who are more tech-savvy are picking digital assets over physical ones. According to Chainalysis, India grew from $200 million in crypto investments to nearly $40 billion in the space of one year.

" - Read Full Article

Source: Bitcoinist


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

- OTCbid

-6% Gross, -3% Net, Citibank, Africa, NYC

Buyer Mandates Only -

NEW: 100K-500K BTC @ -6% gross, -3% net, Citibank, NYC - Look For Buyer

(Seller : PN...JK-Tele)

Post: 3.7.21


  • An African seller is selling 100K-500K BTC @ -6%gross, -3% net

  • Buyer = 3%

  • Buyerside = 1.5% (Ray + 2 people)(open)

  • Sellerside = 1.5% (3 people) (closed)

  • First tranche = 1000-5000 BTC



  • 1. Sign contract + MT199 Pre Advice/POF

  • 2. Seller submits proof of coin

  • 3. Buyer sends swift MT 799 ,MT760 OR MT103 / conditional Binding or MT103 direct cash to seller receiving bank

  • 4. Seller transfers BTC to buyer

  • 5. After verification done and BTC validated, Buyer transfers payment to seller by MT103 TT for block fund payment mode, for MT103 direct cash, we move to next transaction until contract exhausted.


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577



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