News -> Bank Escrow Solution for Large OTC Bitcoin <-> Fiat Transactions
The world of cryptocurrency is rapidly coming upon us. It is accepted now as an official secure exchange mechanism between buyer and seller in purchasing of goods, signing of contracts dealing with various government agencies and the like. We will not go into the details here of how it works - readers of this already understand at least the basic principles. But what is important is that this is growing world wide and (hopefully) one day replace the banking system that imposes so many restrictions on what we can and cannot do with our money - not to mention keeping what we do with our money private.
Unfortunately that day is not here yet. We still must use banks and pay bills using the traditional banking system. The people that have mined or currently own cryptocurrency are ahead of the curve, but they still must function in the current world. Similarly people that want to buy cryptocurrency only have fiat currency to do so.
So what to do??
Fortunately KEVELEX has a solution for both buyer and seller of cryptocurrency. For now we can only offer BITCOIN, which is the main cryptocurrency in use today.
We have a bank in a Western European nation that will handle exchanges between Bitcoin and fiat currencies that is secure and of the highest integrity. This bank will also deal with any intermediaries that are involved in these transactions, meaning that the bank will ensure that proper commissions will be paid .
This offer is limited to the following types of transactions:
Here is how it works:
There are setup and transaction fees that need to be paid to both Kevelex and the bank. These will be discussed once we know that the buyer and seller have passed due diligence and are ready to proceed.
Contact KEVELEX to execute all future Bitcion - currency transactions.