OTCbid - Bitcoin And Crypto Brace For A European Central Bank Bombshell

" Bitcoin and cryptocurrency prices have soared over the last few weeks, pushed on by a raft of positive news and boosted by the U.S. election.

The bitcoin price has also climbed after central banks around the world, including the U.S. Federal Reserve last month, have signalled they are increasingly looking into digitalizing their currencies, potentially opening up the bitcoin and crypto market to millions.

Now, bitcoin and crypto watchers are braced ahead of the European Central Bank’s (ECB) two-day annual forum, beginning today—with ECB president Christine Lagarde, who last month said the ECB "should be prepared to issue a digital euro," set to speak about the "implications of fundamental global changes for central banks." " - Read Full Article

Source: Forbes


-6% Gross , -3% Net, Bank2Bank, USA

Look For Buyer Mandate Only -

NEW: 100K BTC with R&E @ -6% Gross -3% Net, Bank2Bank, US - Look For Buyer

(Seller : SM TM)

Post: 12.11.2020


  • A Seller has 100K BTC @ -6% gross, -3% net.

  • Sellerside = 1.5%

  • Buyerside = 1.5%

  • Payment shall be made by bank transfer via SWIFT MT103 to the seller’s nominated bank account.

  • Price reference :

  • The payment of any banking fees and charges for the bank-to-bank SWIFT of agreed MT103, including issuing instruments costs will be paid by the Buyer.

  • Non-performance by either Seller or Buyer will be liable for 250 BTC payable to the other party to their designated wallet (s) or bank account



  • 1) 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.

  • 2) Proof of bank account control: $5 will be sent from buyer’s bank to seller’s designated bank to prove buyer has bank account control.

  • 3) Proof of coins: The seller will show the readiness to proceed for the first tranche by sending a Satoshi from his wallet to the buyer's wallet to establish the connection between both wallets. The Seller’s source wallet must contain at least 1,000 BTC. (For all following tranches started from new seller’s wallet will be sent only specified amount of Satoshi to the buyer’s wallet, the source wallet(s) must contain at least BTC for current tranche).

  • 4) After the buyer verified the transferring of a Satoshi to his wallet and after the Six (6) confirmations of blockchain, the buyer sends payment by Swift MT103 for the current tranche. Scheduled tranches (see Annex A).

  • 5) After receiving and confirmation of the Swift MT103 at seller‘s bank, the seller transfers Bitcoins to the buyer’s wallets for the amount stated in the Swift MT103 through BLOCKCHAIN at the rate of the day -4 % net discount. The transfer of BTC must be realized within 24 hours after receipt of Swift notification.

  • 6) Buyer will confirm the receipt of the BTC in his wallet.

  • 7) The commission must be paid by seller to the agents under the IMFPA ​1310-BTC-2020 which is included in this agreement in “Annex C”.

  • 8) For additional tranches steps 3 – 9 will be repeated until the total volume is settled.

  • 9) Upon completion of the transaction, both parties sign the affidavit of successful settlement.


Interested parties should contact :



  • DM Raymond Chai (on Linkedin)

  • Telegram @ OTCbidcom

  • Telegram: +1 (786) 632 8577


3 views0 comments



Telegram: +1 (786) 632 8577

Telegram @OTCbiddotcom


Trading Name: Chai Gallery

ABN 86 089 149 718

Martin Place Sydney Australia






OTCbid does not provide any financial advice, financial products or services. Bitcoin is not a financial product. According to ASIC, Bitcoin does not fit within the current legal definition of a financial product in Australia.


We match Bitcoin buyers and sellers worldwide. We coordinate large volume of these trades involving buyers/sellers who have accounts with reputable banks and institutions to make sure their clients are fully verified and abiding by regulations.


OTCbid desk deals involves extreme high risk with big whale bitcoin speculators and market price volatility that can contribute to an adverse effect on any investment in crypto assets. You should be capable of evaluating market volatility, the merits and risks of the investment. We advice you always do your own due diligence on bitcoin OTC desk deals of buyers and sellers or seek independent expert advice on what to invest on OTC desk deals, and be prepare to face the potential risk of losing your entire investment portfolios. Always invest the amount that you can afford to loss.

Our OTCbid desk deals should not be interpreted as an endorsement of each OTC deal. This platform is not a trading investment advice or any recommendation to trade. You trade at your own risk as cryptocurrency OTC deals are speculative, complex and involve significant risks. Always engage your own independent crypto expert advice, before relying information on this platform. You should also verify your own trading deals including its legal status and relevant regulatory requirements as part of trading strategies. Lastly, always conduct your own due diligence to protect traders from the wide variety of scams and schemes that target OTC trades daily.

*Disclaimer: All contents here are for educational/information purposes only and should not be considered investment or trading advice.

OTCbid does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin.