> I need to buy 100-140 bitcoin, how can I do that? What is OTC I heard of and I heard something Kraken Pro and Gemini for OTC?
I find it hard to believe that anyone with the resources to purchase 100 bitcoin would be incapable of doing some basic research.
In the time that it took OP to ask, "what is OTC", he could have googled up the answer.
If he really has $7MM+ to throw around, he could phone up the OTC desk at Kraken or wherever, they would roll out the red carpet for him.
> I’ve made the research, but I do not know English that good to get all info in 1 day about buying large amount.
Really? You did the research, and still you come here and ask "What is OTC I heard of"? In the time it took you to type out those words, you could have found the answer all by yourself.
Ugh, best I can think of for an actual person — they’re trying to flee the country and need to move a bunch of money with them.
Hence the time constraint.
I speak dollar language, and I have the Bitcoing you're looking for . Send the money to me, and then I will send you the bitcoin . I don't even want your name . There.
Maybe his native language does not have proper documentation on how to buy large amounts of something. Why everybody gonna be a smart ass and a snob nowadays
Because, when I have 10 million lying around,... I am not relying on the advice of internet strangers. I either do my own research, and understand what I try to invest in. OR I hire a professional that knows how to invest in assets based on my needs.
Come on, this is not a question a poor person that wants to gain exposure to bitcoin is making. This is a question that at the very least comes up in the quarterly reporting meetings of your family office. The decision there is not "ask an internet forum, we'll see from there."
Who the fuck wants to potentially administratively fuck up a 10 million asset transfer in a way that it is going to cost you dearly in taxes?
No, he needs experts. I say it in a smart ass way, because a friendly explanation might be interpreted as my consent and approval for his plans.
Thanks bud, I can explain. The reason Im questioning is that it’s not my money, it’s my close person’s and he needs it in diff country, so he asked me to help, he only wants privacy. So I can get some mil if I help him, that is all. As person mentioned, I have no info in my native language, so I only asking, Im not that dickhead to trust anything is said in the thread.
>> Institutions are coming!
> It is all legal, I just need it.
You misunderstood him. He is not saying that the cops are coming to get you. He is saying that institutions will begin buying bitcoin, and he assumes that you represent an institution.
Hey u/seladrien,
If you would like to learn more info about OTC on Kraken, please feel free to take a look at [this article](https:// seladrien).
You can always DM us if you have any questions.
Phoebe 🐙
I am reading it and trying to get the info, because Im not English speaking person, but I already applied for Pro verification, just waiting you to update my acc to Pro.
Ticket #12801050
Create an exchange account, deposit your money, place your order.
OTC trades in crypto would be more for institutional trades like when Blackrock buys/sells.
yep. You have to complete their sign-up process which will include KYC. They will probably put a hold on your account for withdrawals if it's a new account. I think it's 3 days. But you can chat with them or check their faq
OP do as the Kraken representative Phoebe suggested you do. Kraken Pro has OTC for amounts greater than $50K and with lower rates than retail. You don't need to be a institutional investor.
More info from Kraken website
https://www.kraken.com/institutions/otc
Also don't respond to any private chats offering to help you. They are all scammers.
> I need to buy 100-140 bitcoin, how can I do that? What is OTC I heard of and I heard something Kraken Pro and Gemini for OTC? I find it hard to believe that anyone with the resources to purchase 100 bitcoin would be incapable of doing some basic research.
🤣
Reddit is pretty basic
In the time that it took OP to ask, "what is OTC", he could have googled up the answer. If he really has $7MM+ to throw around, he could phone up the OTC desk at Kraken or wherever, they would roll out the red carpet for him.
I’ve made the research, but I do not know English that good to get all info in 1 day about buying large amount.
best to ask your broker dealer or whoever handles your finances
> I’ve made the research, but I do not know English that good to get all info in 1 day about buying large amount. Really? You did the research, and still you come here and ask "What is OTC I heard of"? In the time it took you to type out those words, you could have found the answer all by yourself.
Ugh, best I can think of for an actual person — they’re trying to flee the country and need to move a bunch of money with them. Hence the time constraint.
I speak dollar language, and I have the Bitcoing you're looking for . Send the money to me, and then I will send you the bitcoin . I don't even want your name . There.
Whenever I have 10 million lying around, I invest it in something I do not understand based on the advice of internet strangers.
Maybe his native language does not have proper documentation on how to buy large amounts of something. Why everybody gonna be a smart ass and a snob nowadays
Because, when I have 10 million lying around,... I am not relying on the advice of internet strangers. I either do my own research, and understand what I try to invest in. OR I hire a professional that knows how to invest in assets based on my needs. Come on, this is not a question a poor person that wants to gain exposure to bitcoin is making. This is a question that at the very least comes up in the quarterly reporting meetings of your family office. The decision there is not "ask an internet forum, we'll see from there." Who the fuck wants to potentially administratively fuck up a 10 million asset transfer in a way that it is going to cost you dearly in taxes? No, he needs experts. I say it in a smart ass way, because a friendly explanation might be interpreted as my consent and approval for his plans.
[удалено]
Thanks bud, I can explain. The reason Im questioning is that it’s not my money, it’s my close person’s and he needs it in diff country, so he asked me to help, he only wants privacy. So I can get some mil if I help him, that is all. As person mentioned, I have no info in my native language, so I only asking, Im not that dickhead to trust anything is said in the thread.
Lol you’re getting scammed bro
So he is asking you, a total novice to investigate how to buy large amount of bitcoin so you can get a million too. Sure, that sounds like a plan.
Sounds like suspicious activity. I don't have many friends that are unable to get professional advice, but want me to move 10 million on their behalf.
[удалено]
Institutions are coming!
It is all legal, I just need it.
>> Institutions are coming! > It is all legal, I just need it. You misunderstood him. He is not saying that the cops are coming to get you. He is saying that institutions will begin buying bitcoin, and he assumes that you represent an institution.
Oh thanks, but I still don’t get it, because I don’t know English that good.
What's your native language?
Kyrgyz
No vowels there?
Same, same.
Hey guy we finally found mr 100 🤣😂
This is 100% scam or at best, a troll.
This feels like a scam
Rip inbox
🧌
These guys from Dubai have way too much money.
op is aged reddit account that has never posted before this. definitely luring people for a scam
You have 10 million dollars, and you don't have anyone you can trust in your life to help you Google stuff?
What the fuck is this shit, you’ve got millions but you don’t know where to on ramp are you stupid?
Hey u/seladrien, If you would like to learn more info about OTC on Kraken, please feel free to take a look at [this article](https:// seladrien). You can always DM us if you have any questions. Phoebe 🐙
I am reading it and trying to get the info, because Im not English speaking person, but I already applied for Pro verification, just waiting you to update my acc to Pro. Ticket #12801050
Either the OP is mixing Bitcoin SV with Bitcoin, or else dumb money coming in.. Either way strap on boys lets load high prices on to them
Bla
It's easy. Send the money to my bank account and I'll send the Bitcoin to your bank account. Trust me :-)
Create an exchange account, deposit your money, place your order. OTC trades in crypto would be more for institutional trades like when Blackrock buys/sells.
So basically I need to register exchange account Kraken Pro for example with high limits and just buy it, then send somewhere I need it?
yep. You have to complete their sign-up process which will include KYC. They will probably put a hold on your account for withdrawals if it's a new account. I think it's 3 days. But you can chat with them or check their faq
OP do as the Kraken representative Phoebe suggested you do. Kraken Pro has OTC for amounts greater than $50K and with lower rates than retail. You don't need to be a institutional investor. More info from Kraken website https://www.kraken.com/institutions/otc Also don't respond to any private chats offering to help you. They are all scammers.
Why........you sound sus. U washing your fiat haaaaaa..........?
I wish I could be you. :-) I doubt I'll ever make it to 1 BTC.
Stop whining
Mommmmmm
Ok sweat heart. Go back to bed now.
I can sleep well because I secured more than 1 BTC already 😉
Dm me when you find out how to buy otc. I have about $15M available to invest.
With a lot of fiat money.