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OTCbid - What Are Crypto Banks and How Do They Work?



" Bitcoin once promised that it would help realize the lofty goal of making individuals “their own bank.” To understand the many services that banks truly provide is also to realize how preposterous this claim was in 2008, when Bitcoin’s white paper made it. More than a decade later, the grandfather cryptocurrency is still on the peripheries of traditional finance, yet the decentralized industry that it has spawned can indeed replicate many financial services on the blockchain, all of which were formerly exclusively in the realm of banks. " - Read Full Article


Source: Cointelegraph



80K BTC BUYER IN ETANA

-4% Gross . -2% Net . Escrow - Etana

Look For Seller Mandate Only - OTCbid.com


NEW: 80K+ BTC @ -4% gross, -2% net, Escrow, Etana - Look For Seller

(Buyer: AM KH)

Date: 13.8.2019

​​​​​

A real buyer is looking for 80K BTC at -4% gross, -2% net. Ability to buy up to 150K BTC.

2% brokers:1% buyer side, 1% seller side

So far, we have received LOI from the Buyer

Buyer is currently on boarded with Etana and is ready to transact

The trances should be in 500 BTC increments up to $49,000,000 (forty nine million dollars) per day.

PROCEDURE:

1. Buyer is ready to engage, connect with mandates anonymously with a given codeword by Etana

2. The Buyer and Seller mandates will send the emails to Etana with the same codeword.

3. The emails will include their clients Etana account number.

4. Once Etana has verified POF and POC, both mandates will receive an email back with a deal code from Etana.

5. Next, Mandates will fill out an IMFPA including all intermediaries and commissions to be paid.

6. The IMFPA must include the Etana deal code.

7. At this point we are engaged and Etana will handle everything else from here.

LOOKING FOR SELLER MANDATE ONLY

Interested parties should contact:

WhatsApp : +1 786 254 6589

Raymond@Billionaire.Property

Telegram: https://t.me/cryptobanklimited

Telegram: https://t.me/otcarchitect

Telegram: https://t.me/otcbid

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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.