top of page

OTC Deals

OTCbid - El Salvador's President Nayib Bukele reveals plan for volcano-powered 'Bitcoin City'





" n a rock concert-like atmosphere, El Salvador's President has announced his government will build a seaside "Bitcoin City" at the base of a volcano.

Nayib Bukele used a gathering of bitcoin enthusiasts on Saturday night to launch his latest idea, much as he used an earlier bitcoin conference in Miami to announce in a video message that El Salvador would be the first country to make the cryptocurrency legal tender,

A bond offering would happen in 2022 entirely in bitcoin, Mr Bukele said, wearing his signature backwards baseball cap. And 60 days after financing was ready, construction would begin.

The city will be built near the Conchagua volcano to take advantage of geothermal energy to power both the city and bitcoin mining — the energy-intensive solving of complex mathematical calculations day and night to verify currency transactions.

The government is already running a pilot bitcoin mining venture at another geothermal power plant beside the Tecapa volcano.

" - Read Full Article

Source: ABC


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

- OTCbid

-13 Gross, -7% Net, Escrow2Escrow, Goodwin Procter, NY

Seller Mandate Only


NEW: 300K-500K BTC @ -13% gross, -7% net, Escrow2Escrow, Goodwin Procter, NY - Look For Seller

(Buyer :  OFRA SAL-Linkl)

Post: 23.11.21

  • A buyer is looking for 300K-500K BTC @ -13% gross, -7% net​

  • Buyer = 7%

  • Buyer side = 2%

  • Seller side = 2%

  • Intermediaries = 2% (Rxx + Fxx )(closed)​​

  • Escrow = paid by buyer and seller 50/50 equally.

  • First tranche =10,000 BTC

  • This transaction is strictly to be executed through Escrow to Escrow.

  • Proof of Funds (POF) and Proof of Coins (POC) will be conducted by the two escrows with authority of their Principals.


  • The Buyer and the Seller sign SPA. The Buyer and the Seller will forward to their escrow agents the exact transfer information and bank details of each party and their respective representatives.

  • Escrow agents must endorse the escrow agreement and must circulate the completed escrow agreement to their Principals, i.e., seller and buyer.

  • After execution of the Purchase Agreement, the Escrow Agreement and confirmation of POC, Buyer's Escrow shall transfer to Seller's Escrow the sum to be applied to the purchase of the first tranche of 10,000 BTC.

  • Both Escrow Agents shall then inform both the Buyer and the Seller of the deposit and receipt of the funds.

  • Seller's Escrow shall then place the first tranche of BTC directly into Buyer's wallet through Buyer's Escrow Agent. The Buyer, through his escrow agent, will provide the information of his BTC Wallet at the time of the execution of the Purchase Agreement.

  • Seller will provide proof of BTC after receiving confirmation from his Escrow Agent of availability of Buyer's funds.

  • Thereafter, the Buyer will confirm receipt of the tranche of BTC in its Wallet.

  • Upon receipt of the BTC tranche, Escrow Agent shall pay the consideration - price on - to the Seller's account net of the 10% gross discount.

  • After sending the funds to the Seller, Seller's Escrow Agent shall pay the commissions according to the structure and representatives listed in the IMFPA in this Agreement. Seller's Escrow Agent shall pay such commissions by direct bank transfers in USD within 24 hours of receipt of funds from Buyer's Escrow Agent.

  • After payment of the entire first tranche to Buyer and payment of the commissions, each of the remaining tranches shall be replicated as in the first tranche until full execution of the Agreement.


Interested parties should contact :

Screen Shot 2021-11-22 at 3.58.58 pm.jpeg
  • Facebook
  • Twitter
bottom of page