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OTC Deals

OTCbid - US SEC approved first Bitcoin ETF could be the catalyst that sends BTC to $200,000

" The ongoing rally of Bitcoin was fueled by the inflow of capital in BTC following the approval of ProShares ETF. The asset hit its highest point beyond $62,000, and analysts are bullish on BTC price. 

Bitcoin ETF triggers rally to $200,000 before the end of 2021

The first Bitcoin exchange-traded fund is set to start trading on Tuesday. This is set to make cryptocurrency available to a large number of traders. ProShares has laid the plans for the Bitcoin Strategy ETF.

 

The SEC is likely to consider additional proposals for other funds, additional proposals made by Valkyrie Investments, Invesco and VanEck. Proponents expect the proposals to go through this time around, following the news of the approved Bitcoin ETF. 

The SEC reviews new proposals for 75 days, and if there are no objections from regulators, the fund is cleared for trading. 

" - Read Full Article

Source: FXstreet

100K+ BTC SELLER IN SWITZERLAND

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

-7 Gross, -4% Net, MT103/72, Bank2Bank, Switzerland

Buyer Mandate Only

- OTCbid.com

NEW: 100K BTC with R&E @ -7% gross, -4% net, MT103/72 Bank2Bank, Switzerland - Look For Buyer

(Seller :  GFRA  SALI-link)

Post: 17.10.21

  • A Seller is selling100K+ BTC  @ -7% gross, -4% net

  • Buyer = 4% 

  • Sellerside = 1% (closed)

  • Buyerside = 1%​

  • Facilitators = 1%

​​

  • ​PROCEDURE:

  1. Seller sends a draft SPA. Within 24 hours, Buyer will fill out with Buyer´s required details, SIGN and return the SPA to the Seller. Within 24 hours, Seller will fill out all required details, SIGN and send back the SIGNED SPA on a PDF format.

  2. Proof of funds (POF) - Buyer’s bank issues SWIFT MT199 as POF to the Seller’s bank.

  3. Proof of coins (POC) - After Seller’s bank approves SWIFT MT199, Seller will perform Satoshi test. Seller will show readiness to proceed for the first tranche by sending a Satoshi test from his wallet to Buyer´s wallet. Seller’s source wallet must contain at least 1,000 BTC.

  4. Buyer’s bank makes conditional payment by Swift MT103/72 locked for 365 days with Face Value worth minimum 5,000 Bitcoins (BTC).

  5. After confirmation by Seller’s bank of the MT103/72 Swift notification, Seller transfers Bitcoins to the Buyer’s wallet(s) for the amount stated in the Swift MT103/72 through BLOCKCHAIN at the rate of the day -4 % NET discount. The transfer of the first tranche (Schedule in “Annex A”) BTC must be realized within 72 hours after confirmation of Swift notification. All following tranches will be released within 24 hours.

  6. After Buyer receives the BTC in his designated wallets and after  SIX (6) confirmations of the Blockchain: Please select and check one checkbox. Buyer can choose either: ☐ Bank immediately releases the conditional funds Swift MT103/72 to Seller's bank account for current tranche. ☐ The Swift MT103/72 stays as collateral and the current tranche will be paid by Swift MT103.

  7. The commission must be paid by Seller to the agents under the IMFPA ________ listed in “Annex D”, which is included in this agreement.

  8. Upon completion of the transaction, both parties sign the affidavit of successful settlement.

BUYER MANDATE ONLY

Interested parties should contact :

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