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OTCbid - Swiss investment firm hopes to foster mass crypto adoption via its exchange-traded product



" They're focusing heavily on Bitcoin and Bitcoin Cash. Ethereum, not so much.

An investment firm FiCAS that manages Bitcoin Capital Active Exchange Traded Product, or BTCA, hopes it can foster mass adoption with its product that is traded on the Swiss Stock Exchange.  It can discretionarily allocate funds to fifteen different cryptocurrencies and fiat. Daniel Diemers, one of the directors of FiCAS, the company that manages the product, told Cointelegraph that these types of products are essential for the mass adoption of Bitcoin:


It is easy tradable. We have seen already here in Switzerland that some of the popular online banks like Swissquote, which is a bank based entirely in your smartphone. For them, it was easy to list the product. So if you're aligned with one of these online banks or you do online brokerage, it's very easy to find a product. " - Read Full Article


Source: Cointelegraph





15K-100K+ BTC SELLER IN CANADA

From -1% Net to -5% Net, B2B, MT 103, Canada, UK

Look For Buyer Mandate Only - OTCbid.com



NEW: 15K to 100K+ BTC From 1% Net to 5% Net, B2B, MT103, UK, Canada - Look For Buyer

(Seller : FS PS)

Post: 28.8.2020

​​

  • A seller from Canada has 15K-100K+ BTC for sale.

  • Buyerside = 1.5%

  • Sellerside = 1.5%

  • 5K-34K at -4% gross, -1% net (first tranche min. 5K BTC)

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

  • 50K-150K+ at -8% gross, -5% net (first tranche 50K BTC)

PROCEDURE:

  • Face to face in buyer´s bank / bank to bank procedure

  • 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.

  • 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. Buyer books the business class-flight ticket and hotel accommodation {required} for seller´s representative to fly to a designated buyer´s secured location which both parties agreed to commence the transaction.

  • a. Upon arrival of the seller´s representative at the buyer´s location, they will set the transaction and get started according to what steps 5,6,7,8,9 in place.

  • b. If there is a default from the buyer or seller, a $1M default charge will be made to cover the lost transaction and time.

  • 5. 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.

  • 6. 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.

  • 7. Seller´s representative and the buyer have to wait on an agreed place to standby 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.

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

  • 9. If there is no other tranche left, buyer is to drive or secure the seller´s representative to the airport where he needs to catch his flight back home safe and sound.

  • The seller´s representative, who is based in the United Kingdom, is the one who is available to go to any country and city worldwide for the face to face meeting. For security reasons he hasn´t wallet control. Seller´s representative travels empty handed for his own life security. The seller only will send the coins remotely.

  • Due to CANADA Privacy Identity Act, buyer and seller will be on a video call and both will show their ORIGINAL PASSPORT to prove their AUTHENTICITY.

BUYER MANDATE ONLY

Interested parties should contact :

​​

  • otcbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Text Now: +1 (786) 438 2844

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