OTC Deals
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OTCbid - Fresh Gains Push Bitcoin Back Into the World's Top 10 Most Valuable Assets
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" While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the world’s tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation.
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Despite Losing Over 16% in a Month, Bitcoin Is Still the 10th Most Valuable Asset Worldwide
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The leading crypto asset bitcoin (BTC) has had a rough few weeks in terms of market prices dropping. A month ago today, BTC was 16.4% higher in USD value as the recent stock market carnage and the Terra LUNA and UST fiasco contributed to bitcoin’s losses. However, in terms of market dominance, BTC’s market capitalization among more than 13,000 cryptocurrencies is now over 44% of the $1.36 trillion crypto economy.
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While BTC is the number one leading crypto asset today in terms of market valuation, the crypto asset’s market cap makes it the tenth-largest in terms of all the major market capitalizations stemming from the likes of companies like Apple and Amazon, alongside precious metals like gold and silver." - Read Full Article
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Source: Bitcoin
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100K BTC SELLER IN GERMANY
-6% Gross, -3% Net, B2B, SBLC, Germany
Buyer Mandate Only
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NEW: 100K BTC @ -6% Gross, -3% Net, B2B, SBLC, Germany - Look For Buyer
(Seller CSILA OPER-TELE)
Post: 2.6.22
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Seller is selling 100K BTC @ -6% gross, -3% net
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Buyer = 3%
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Buyerside = 1.5%
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Sellerside = 1.5%
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PROCEDURE:​
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The Seller agrees to sell, and the Buyer agrees to buy consecutive amounts of BTC in accordance with prospective transactions and settle in USD or other agreed currencies to XXX BTC ( bitcoins with Rolls and extensions). Buyer and Seller sign shall sign this Agreement binding this trade with the procedure listed.
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The buyer agrees to issue an MT760 SBLC in seller’s favour, which shall be valid for at least 30 days. This SBLC shall be considered collateral for BTC to be purchased by buyer, where BTC is sent to buyer first, while buyer settles payment for each tranche sent, by USD, EUR or agreed currency, as per the issued invoice.
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Seller sends the SPA to Buyer for buyer to complete their section of the agreement and return. Seller does same and returns final version signed, to buyer
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Buyer sends a dated video of their bank balance, showing availability of funds for at least the first tranche, Seller sends a dated video with a code given by buyer of his wallet, showing the quantity and availability of BTC. This shall be deemed the proof of funds (POF) and proof of coins (POC) respectively.
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Buyer’s bank officer sends MT799 pre-advise to seller’s bank officer via official bank communication, informing they are RWA to send an SBLC. Seller’s bank officer responds via same medium.
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Buyer’s bank officer issues the MT760 SBLC instrument and transmits it by SWIFT to seller’s receiving bank. Buyer obtains and sends the SWIFT transmission copy to seller.
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Seller’s bank upon receipt of the instrument proceeds with confirmation and verification of the MT760 SBLC. Upon underwriting the SBLC at seller’s bank, seller’s informed to proceed.
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Seller sends an invoice for the current tranche to Buyer. Buyer confirms the price and quantity on the invoice and upon confirmation everything is as should, seller sends BTC worth the invoice to buyer’s Bitcoin wallet, the discount (if any) reflecting too.
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Immediately the bitcoins sent, get 6 confirmation on the blockchain, Buyer sends payment for the current tranche of BTC in USD or EUR or agreed currency, using priority SWIFT MT103 or T/T bank wire transfer to seller’s designated bank account and sends the transmission copy to seller.
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Upon confirmation and verification of the payment at seller’s bank, seller shall immediately issue an affidavit of completed trade to buyer and ask their bank to return the SBLC or the SBLC remains in effect and used for subsequent tranches, which shall follow same procedures, until all trade, is satisfied.
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The agreed BTC sales price is the transaction day sales price as set on blockchain.com, 3% being net discount to buyer.
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Seller pays 3% as commissions to working parties from buyer and seller sides.
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Interested parties should contact :
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OTCbid@gmail.com
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Telegram @OTCbiddotcom
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Telegram: +1 (786) 632 8577