top of page
Search
Writer's pictureRaymond Chai

OTCbid - Bitcoin bounces back as El Salvador votes to make it legal tender



" Cryptocurrencies have bounced back in a big way this morning after El Salvador voted to become the first nation in the world to adopt bitcoin as legal tender.

Over the weekend, the Central American nation’s president crashed a wild bitcoin conference in Miami to reveal his plans for digital currencies to a rapturous reception. Overnight, those plan edged closer to making his plans — which he proposed just last week — a reality after they were backed by congress. With 62 out of 84 possible votes, politicians there voted in favour of the move to create a law to adopt bitcoin for everyday use, despite concern about the potential impact on El Salvador’s program with the International Monetary Fund. The bill will eventually allow the famously volatile digital currency to be used for many aspects of daily life, from property purchases to tax contributions. “The #BitcoinLaw has just been approved by a qualified majority” in the legislative assembly, President Nayib Bukele tweeted after the vote late Tuesday. “History!” the president added. " - Read Full Article


Source: NEWS





250K-1M BTC SELLER IN USA

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

- OTCbid


-9% Gross, -5% Net, B2B, MT103, Wire Transfer, Indonesia, USA

Buyer Mandates Only - OTCbid.com



NEW: 250K BTC up to 1M BTC @ -9% gross, -5% net, B2B, MT103, Wire Transfer, Indonesia, USA - Look For Buyer

(Seller: BP XP-Gail)

Post: 10.6.21

​​​​​​

  • Seller is selling 250K BTC UP TO 1M BTC @ -9%gross, -5% net

  • Seller is based in Indonesia and owns 10 Bitcoin mines globally.

  • Minimum fifteen thousand Bitcoin (15,000 BTC), with up to two hundred fifty thousand (250,000 BTC) with rolls and extensions as agreed by buyer and seller.

  • First tranche = 5000 BTC

  • Subsequent tranche = up to 50K BTC

  • -4 % / -2 % (first tranche min. 5k BTC)

  • -6 % / -3 % (first tranche min. 35k BTC to receive -3 % net)

  • -8 % / -5 % (first tranche 50k BTC to receive -5 % net)

  • Buyer = 5%

  • Buyerside = 2%​

  • Sellerside = 2%

​​​

  • ​PROCEDURE:

  • 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.

  • A video call is made between buyer and seller.

  • Proof of funds (POF) and proof of coins (POC) will be exchanged during the video identity verification by the buyer and the seller as follows:

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

  2. Wallet: Buyer´s receiving wallet will be submitted privately to the seller.

  3. Proof of funds (POF): Buyer has to login to his/her bank account to show the proof of funds (POF).

  4. 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.

  • 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.

  • Upon the confirmation of the seller´s designated bank of the confirmed clear receipt of payment to the seller (it takes 72 hours), 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.

  • 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.

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

BUYER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • T.me/otc_bid

  • OTCbid.com

0 views0 comments

Comments


bottom of page