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OTC Deals

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OTCbid - FTX CEO says bitcoin futures ETF is a ‘huge step forward’ as his crypto exchange eyes U.S. expansion

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FTX CEO Sam Bankman-Fried told CNBC on Thursday that the decision to allow a bitcoin futures ETF in the U.S. is a “huge step forward,” as the crypto trading platform hopes to expand its footprint in America.

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The ProShares Bitcoin Strategy ETF, which trades under the ticker ‘BITO,’ started trading on the NYSE Tuesday and rose more than 4% in its debut.

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In an interview on “The Exchange,” Bankman-Fried said the U.S. could soon see more structured products from the cryptocurrency industry popping up that draw on regulated platforms, as well as the introduction of new legal framework for cryptocurrencies." - Read Full Article

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Source: CNBC

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250K-535K BTC SELLER IN US

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

- OTCbid
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-10 Gross, -7% Net, Escrow, Prime Trust, US, Europe

Buyer Mandate Only

- OTCbid.com

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NEW: 250K-535K BTC with R&E @ -10% Gross, -7% Net, Escrow, Prime Trust, US, Europe - Look For Buyer

(Seller : PARN KSTI-GAIL)

Post: 22.10.21

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  • Seller is selling 250K-535K BTC @ -10% gross, -7% net

  • I am direct to seller mandate

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  • The seller is a conglomerate of 9 BTC owners from US and Europe using the present BTC price to sell a huge part of their inventory.

  • The seller has been successfully onboarded at Prime Trust, so this deal is very fresh.

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  • The discount is set by the total deal-size :

  • >50K BTC = -7% gross, -4% net

  • >120K BTC = -8% gross, -5% net

  • >250K BTC = -10% gross, -7% net

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  • There are 535,000 BTC available in total.

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  • PROCEDURE:

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  • • Buyer shall sign this Agreement.

  • • Seller shall sign this Agreement.

  • • Upon execution of this Agreement, Buyer shall within 24 hours wire to Escrow Agent the sum in dollars (USD) sufficient to be applied to the purchase tranches “Annex A”.

  • • Within 24 hours upon Escrow Agent confirms funds. Seller transfers coins to buyer wallet address.

  • • USD Provider validates the coin on the blockchain with 6 times confirmations.

  • • Escrow Agent will immediately transfer the Purchase Price to the Seller’s bank.

  • • Upon completion of each and every tranche transaction, Escrow Agent shall disburse the commissions in the IMFPA. All payments shall be made via Bitcoin and/or wire transfer.

  • • Escrow Agent fee to be settled equally by the Seller and Buyer.

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  • BUYER MANDATE ONLY

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Interested parties should contact :

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