Search

OTCbid - Major Australian Investment Firm Moves From Gold to Bitcoin



" A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now. Now we’re doing it with bitcoin,” said an executive of the firm.

Bitcoin ‘Entering the Realm of the Mainstream’

Australian investment management company Pendal Group has started investing in bitcoin through futures contracts on the Chicago Mercantile Exchange, AFR publication reported Monday. Pendal is a global investment management company listed on the Australian Stock Exchange (ASX) under the symbol PDL. Its market capitalization is currently $1.6 billion.

“We have so many clients asking us about bitcoin and what to do and how to get access,” said Pendal Group’s head of bond, income, and defensive strategies, Vimal Gor. “Large institutions have stayed away so far, but high-net-worth clients and wholesale investors are leading the charge.” He elaborated:

All the big hitters in the hedge fund world are coming out to endorse bitcoin now; it is entering the realm of the mainstream. " - Read Full Article


Source: Bitcoin



_____________________________________________________________________



15K-250K BTC SELLER AVAILABLE

-8% Gross , -5% Net, F2F, B2B, TM 103

Look For Buyer Only - OTCbid.com


NEW: 15K-250K+ BTC @ -8% gross, -5% net, B2B, MT 103, London - Look For Buyer

(Seller : IF...QR)

Post: 26.11.20

​​​

  • A seller in London has 15K BTC at -3% gross, -1% net

  • 5K-34K BTC : -4% gross, -2% net (first tranche min. 5K BTC)

  • 35K-49K BTC : -6% gross, -3% net (first tranche min. 35K BTC to receive -3% net)

  • 50K-250K+ : -8% gross, -5% net (first tranche 50K BTC to receive -5 % net)

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • Payment shall be made by bank transfer via SWIFT MT103 Cash Wire Transfer or Telegraphic Transfer (TT) to the seller´s nominated bank account. Due to Bitcoin market price fluctuations, payment shall be made within twenty-four (24) hours after receiving the invoice.

  • PROCEDURE:

  • 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. 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:

  • 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 wallet will be submitted privately to the seller.

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

  • d. 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).

  • 3. 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 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.

  • 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.

BUYER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @ OTCbidcom

  • Telegram: +1 (786) 632 8577

  • OTCbid.com

9 views0 comments
otc
bid
O

CONNECT US

Email: otcbid@gmail.com

Linkedin.com/in/RaymondChai

Telegram: +1 (786) 632 8577

Telegram @OTCbiddotcom

https://t.me/OTCbiddotcom

https://t.me/OTC_bid

https://m.me/OTCbiddotcom

SOCIAL MEDIA

Twitter.com/otcbid

Facebook.com/otcbid

Instagram.com/otcbid

Trading Name: Chai Gallery

ABN 86 089 149 718

Martin Place Sydney Australia

SEND US A MESSAGE

Website

Linkedin

 

Disclaimer:

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.

otc
bid
  • LinkedIn
  • Twitter

Copyright © 2018 - 2021 OTCbid.com. All Rights Reserved.      Alexa rank: 2,684,699