To transfer huge amounts of Bitcoin or altcoins in a private-to-private transaction is a delicate but rewarding task. The featured article discusses the various structural requirements for a successful accomplishment.
To buy or sell huge amounts of Bitcoin, XRP, Ethereum, Monero or other digital assets without the involvement of a crypto exchange is no longer mainstream. See below the main questions when entering into an over-the-counter crypto transaction.
A BTC OTC transaction constitutes a private sale and purchase of a substantial amount of Bitcoin by avoiding a digital asset exchange. Typically, the deal is designed and accomplished in a way that preserves privacy. Experience shows, that there are certain other reasons to avoid public crypto exchange providers.
ItBit, Genesis, Cumberland Mining, FalconX, Satstreet, and Athena Investor Services can't do the trick. All the institutional OTC desks and OTC brokers do not have the regulatory flexibility to provide the level of privacy that some private investors require for their crypto dealings. The true OTC transaction is done decentralized with only a small number of participants at the counter.
Private sales are in most cases perfectly legal. However, they might be linked with tax evasion, money laundring and other unethical behavior. In addition, the local regulatory requirement might result in limitations and obligations which should be taken into consideration before the deal is accomplished.
Bitcoin is not anonymous and private coins like Monero have its particularities. Without a proper risk assessment, the participants in a OTC deal might lose their funds or cryptos.
A BTC OTC transaction has to be carefully prepared to avoid a total loss, potential criminal implications, and other disappointments. There are certain obvious and some hidden mechanics of buying cryptocurrency in a private sales environment.
PUGNATORIUS offers guidance and transaction support to get the OTC acquisition or sale done successfully, efficiently, and in full compliance with legal and regulatory requirements.
PUGNATORIUS represents the buyer or the seller in high-volume crypto OTC transactions.The firm designs the overall transaction structure, drafts and negotiates the contract and supporting documents including, if any, escrow agreements. It monitors and advises in the signing, closing, crypto transfer, payment, escrow procedures and additional procedures.
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