It’s important to understand that there are between 8-10 private placement trade platforms that exist. Maybe the main reason you or your associates may think that there’s actually more, is because there’s numerous ways to access these platforms via numerous different institutions, but ultimately the trade programs always end up with the same 8-10 private placement trade platforms.
Given that there are numerous routes to enter these same 8-10 trade platforms, this means there are numerous institutions and agents offering their own solutions and creative ways on how to get started. Providing the collateral is in place and secured, the Principal passes all due diligence KYC and AML checks, and a trade agreement is signed, a Principal can then enter a trade program.
It’s the asset part of the puzzle which makes the difference when using Bitcoin as collateral. The institution that we can connect you to, will use your Bitcoin as collateral. The Principals Bitcoin will be required to be transferred to a custodial wallet whereby the custodian has full control over the wallet. The Bitcoin is never at risk and it’s still under the full ownership of the Principal. The institution accepting the Bitcoin as collateral will then monetise the collateral at approximately 80% LTV, and then use the loan proceeds as leverage and enter a trade program in the normal way. There is a $5 Million minimum entry level for this program. Remember… your Bitcoin is never at risk and is securely held by a custodian throughout the term of the trade agreement.
If you would like to discover more about a Private Placement Trade Program For Bitcoin BTC , or would like to request a call, contact GTES.