OTCbid - Cointelegraph Research: Demand for Bitcoin Grows After Halving

" Upticks in Bitcoin ATMs, transaction volume, and women in crypto all point positive for Bitcoin.

Data published today from Cointelegraph Markets and Arcane Research found that despite investor concerns over the block reward halving disincentivizing miners and possibly compromising the security of the network, demand for Bitcoin continues to rise globally.

Proof of increasing adoption is supported by the total number of functioning Bitcoin ATMs rising to 8,000, a more than 90% increase since 2019. Bitcoin ATM operator, Coinstar, also reported a 40% increase in Bitcoin ATM use since February of this year. " - Read Full Article

Source: Cointelegraph


-6% Gross, -3% Net, POF, POC, KYC, B2B

Look For Buyer Mandate Only -

NEW: 100K BTC @ -6% Gross, -3% Net, Bank, Vancouver - Look For Buyer

(Seller : GL SA)

Post: 16.5.2020 ​

  • A new Seller from Vancouver has 100K BTC at -6% Gross, -3% Net

  • Buyerside = 1.5%

  • Sellerside = 1.5%


  • 1. Draft SPA from the seller. Buyer perform KYC/CIS and sign.

  • ▪ In 24 hours Buyer return SPA to the Seller.

  • ▪ Also in 24 hours after buyer signed Seller sign the SPA and send it back to the Buyer on a PDF format.

  • 2. Proof of Funds (POF): POF and POC will be exchanged during a video call for protection of information for both sides:

  • ▪ Buyer provides POF with the current date to the Seller for verification

  • 3. Proof of Coins (POC):

  • ▪ Video with the special code name given by the Buyer and present date.

  • 4. Buyer submit a wallet directly to the Seller through a video call.

  • 5. Seller issues an invoice for the agreed amount of BTC, 1st tranche.

  • 6. Buyer’s Bank Office (BO) will call the Seller’s (BO) to notify the bank of the upcoming payment.

  • ▪ Buyer pays the agreed amount of BTC via MT103 cash wire transfer, GPI wire transfer or via telegraphic transfer (TT) and provide the slip to the Seller

  • 7. Once Seller confirmed the payment from Indonesian Bank.

  • ▪ Seller release the agreed amount of BTC to the Buyer’s provided wallet in the SPA.

  • ▪ Seller will then provide a screenshot to the Buyer as a proof of BTC has been obtained and sent.

  • ▪ Note: Buyer and Seller have a video call while sending bitcoins to the Buyer’s receiving wallet.

  • 8. Buyer will be on standby until the six (6) confirmation is complete and bitcoin (BTC) is sitting in Buyer’s receiving wallet.

  • ▪ Buyer will make known to the Seller that coins has arrived by providing a screenshot.

  • 9. Seller pays the commission to all involved parties under the contractual agreement and move to the next tranche of the SPA, if there will be any.

  • Discount Offer: 6% discount for a minimum purchase of 35,000 btc Minimum Tranche is 35,000 btc

  • Penalty Clause: In the event there is a default from the Buyer or Seller: A $1,000,000 USD penalty cause charge fee will be made to cover the lost transaction and consumed time.


Interested parties should contact :



  • Telegram:

  • Telegram:

  • Telegram:

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.