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BTC Offer

Seller can sell up to 250,000 Bitcoins to Buyer in installments, with potential to increase to 500,000 Bitcoins. The sale involves a 7% discount on gross price and 1% commission for both buyer and seller. The transaction follows a 10 step process where the buyer and seller sign agreements, buyer shows proof of funds, seller sends a test amount, buyer pays escrow, seller transfers Bitcoins, buyer confirms receipt, escrow releases funds, and seller can pay commissions.

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0% found this document useful (0 votes)
196 views1 page

BTC Offer

Seller can sell up to 250,000 Bitcoins to Buyer in installments, with potential to increase to 500,000 Bitcoins. The sale involves a 7% discount on gross price and 1% commission for both buyer and seller. The transaction follows a 10 step process where the buyer and seller sign agreements, buyer shows proof of funds, seller sends a test amount, buyer pays escrow, seller transfers Bitcoins, buyer confirms receipt, escrow releases funds, and seller can pay commissions.

Uploaded by

Kiki Saja
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Seller can sell up to 250,000 (two hundred fifty-thousand) Bitcoins to Buyer in tranches with

rolls and extensions to 500,000 (five hundred thousand) Bitcoins.

DISCOUNT: - 7% Gross / - 5% Net


COMMISSIONS: Buyer Side 1% / Seller Side 1%
NB: Paid in BTC (Bitcoins) by Seller

Procedure is below.

1. Buyer sends LOI/ICPO and seller sends SPA Agreement.

2. Buyer and Seller shall sign SPA Agreement.

3. Buyer and seller signs an escrow agreement provided by the escrow company.

4. Buyer shall show proof of funds (POF) on zoom call and seller shall provide proof of coins
via zoom call by sending a satoshi to the buyer Blockchain Vaulta Wallet address to prove
availability to the Buyer.

5. Buyer make payment of the first tranche of the BTC to the Escrow company account
including the payment for the satoshi test sent by the seller.

6. Upon execution of the Purchase Agreement, the Escrow Agreement and payments to the
Escrow company by the buyer, Seller shall initiate placement of the first tranche of the BTC
into the Buyer’s Blockchain Vaulta Wallet address according to the SPA agreement and
provide buyer with proof of BTC transfer.

7. Buyer proceed with the confirmation of the BTC as per the signed agreement.

9. Seller pays a commission in BTC to the mandates Blockchain Vaulta Wallet address,
according to the listed representatives in signed SPA within 24 hours.

8. After successful confirmation of the above-mentioned, the buyer instructs the Escrow
company to release the payment of the BTC to the seller.

10. Seller and buyer decides to sign a 12month contract.

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