Yes indeed, please use escrow for these transactions. 2 to 5 BTC daily is the kind of transaction you definitely will want to use escrow for. Trusted and reputable escrow members on this site. Agree and arrange with the escrow directly on their official pages, channels or emails.
SWIFT T/T is a good way to pay but I would suggest not adding anything about bitcoin on field 70 of the MT103 reference box. Even if both the sender's and receiver's banks are relaxed about bitcoin transactions, there is always a chance that the correspondent or intermediary bank relaying the payment might reject bitcoin-related payments and either reverse it or delay the transmission. This risk is heightened when large transactions are being transferred. To make it a hassle-free wire, don't mention bitcoin.
SWIFT T/T is a good way to pay but I would suggest not adding anything about bitcoin on field 70 of the MT103 reference box. Even if both the sender's and receiver's banks are relaxed about bitcoin transactions, there is always a chance that the correspondent or intermediary bank relaying the payment might reject bitcoin-related payments and either reverse it or delay the transmission. This risk is heightened when large transactions are being transferred. To make it a hassle-free wire, don't mention bitcoin.
Thanks a lot for the information.
We have talked and the seller will be putting in escrow Tether and we would be buying Bitcoin
I would talk to the escrow providers and then confirm to the seller.
Thank you vey much for the help
Why would seller not be putting exact amount Bitcoin in escrow for which you'll make wire transfer to seller's bank account?
Hi
The seller informed me because of the fluctuations in price its harder to use bitcoin but tether seemed ok to me as it is usually stable, what do you think?
You would be willing to accept less bitcoin than what you actually agreed for when you initiated the wire transfer?
It depends upon your agreement with the seller. If you're dealing in terms of accepting bitcoin price at the time seller receives your money in their bank account then you go with Tether and then ask seller to send you bitcoin as per that day's rate and then ask escrow to release Tether to seller.
Even in this scenario why not ask escrow to release you let's say 90% of escrowed bitcoin and 10% back to seller as bitcoin price increased (in case bitcoin was kept in escrow initially)?
Ah thanks a lot for the information
I would talk to the seller right away regarding this as i would prefer to get the amount of bitcoins on the day money is received. I see in the signature you sell as well, would it be possible to talk to you regarding a sale as well, i am for some reason not able to pm, so if there is a way to contact you that would be much appreciated.
Sorry, I would not be able to sell you the amount of BTC you are looking for.