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OTCbid - 5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO

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" By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said.

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More Countries Will Adopt Bitcoin as Legal Tender

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The CEO of cryptocurrency exchange Bitmex, Alex Hoeptner, has predicted that developing countries will lead the way in bitcoin adoption. He detailed last week:

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" My prediction is that by the end of next year, we’ll have at least five countries that accept bitcoin as legal tender. All of them will be developing countries. Here’s why I think developing countries will jump into crypto in 2022." 

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The CEO offered three main factors driving the adoption of bitcoin in developing countries and why he came up with this prediction.

The first is remittances. Remittances made up 23% of El Salvador’s GDP in 2020, Hoeptner described. Citing data from the World Bank, he added that low and middle-income countries receive about 75% of total global remittances and $540 billion in remittances reached low and middle income countries in 2020. " - Read Full Article

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Source: Bitcoin

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3K-500K+ BTC SELLER IN CANADA

" 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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-8 Gross, -4% Net, Bank2Bank, Vancouver, Canada

Buyer Mandate Only

- OTCbid.com

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NEW: 3K-500K BTC With R&E @ -8% gross, -4% net, Bank2Bank, Vancouver, Canada - Look For Buyer

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(Seller :  SMIC...SGR-Gail)

Post: 11.10.21

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• A seller is selling 3K to 500K BTC with R&E:

• 1) 3K - 34,999 BTC = -4 % Gross, -2 % Net, Commission -2% (buyerside/sellerside = 1% / 1%)

• 2) 35K - 49,999 BTC = -6 % Gross, -3 % Net, Commission -3 % (buyerside/sellerside = 1.5% / 1.5%)

• 3) 50K - 500K+BTC = -8 % Gross, -4% Net,  Commission -4%​​​ (buyerside/sellerside = 2% / 2%)

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• ​PROCEDURE:

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• 1. Seller sends a draft SPA. Within 24 hours, buyer will fill in with Buyer´s required details, SIGN and return the SPA and Proof of Funds (POF) with Seller’s personalized code 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. A video call is made between buyer and seller.

• 3. Proof of Identities will be exchanged during the video identity verification by the buyer and the seller as follows:

• a) Identity: Original Passport must be presented on video by both parties. Seller will ask for additional ID if necessary.

• b) Wallet: Buyer´s receiving EMPTY wallet will be submitted privately to the Seller.

• c) Proof of coins (POC): Seller will play the recorded proof of coins video (POC) with personalized code given by the buyer. (No Satoshi or A-B wallet test available).

• Buyer´s Bank Officer will initiate an MT199 communication to Seller´s bank, informing the bank of the upcoming transfer with stated exact date of the transaction.

• 4. Upon the confirmation of the Seller´s Bank Officer, Seller issues the invoice and Buyer pays the agreed amount of BTC using MT103 Cash Wire Transfer, or Telegraphic Transfer {TT}. Then provide the official bank slip to the seller.

• 5. Upon the confirmation of the Seller´s designated bank of the confirmed cleared funds payment  by the Buyer to the Seller, the Seller will release the agreed amount of the BTC to the Buyer´s wallet, and then the Seller will send the screenshot to the Buyer as proof showing that the BTC has been sent.

• 6. Buyer has to wait until the six {6} confirmation has been achieved and the Bitcoin {BTC} is finally sitting in Buyer´s receiving wallet. Buyer will make it known to the Seller by providing the screenshot of the confirmed complete transfer.

• 7. Seller pays commission to all involved parties according to the annexed IMFPA-[Insert Code……], and move to the next tranche until contract is exhausted.

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BUYER MANDATE ONLY

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Interested parties should contact :

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• 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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