Crypto Deal Snapshot — Enter the offer, see what it is worth, tranche by tranche
Free to use. What you enter stays in this browser until you export it.
Coins
Price
Spot price
Filled in automatically from Coinbase spot in the currency selected; overwrite it if the offer names a different source. US dollars and euros are shown here. Any settlement currency can be configured for the transaction once the parties are engaged.
Deal terms and closing — optional
Parties to the offer
Optional. Each party added here is listed in the PDF.
What is being presented
| First tranche | Total offered | |
|---|---|---|
| Coins | — | — |
| Market value, at spot | — | — |
| Seller receives, at the gross discount | — | — |
| Buyer pays, at the net discount | — | — |
| The spread — gross to net — commissions and contract costs paid from it | — | — |
| Buyer’s price against spot | — |
The spread is shown as one figure. Payouts from it can be structured in unlimited configurations — sell side, buy side, paymaster, groups — once the parties are named.
The spread
Closing
Price per coin
| Spot | Gross — seller | Net — buyer | |
|---|---|---|---|
| Per coin | — | — | — |
Every figure above is taken from the offer as entered and the published spot price. If any of them is wrong, the correction is welcome and easily made.
This page, and what Magister Operis prepares
| This page — free | With Magister Operis |
|---|---|
| The offer valued at spot, for the first tranche and in total | Pricing confirmed against the spot source the parties agree |
| The spread, as one figure | The spread paid out to every party, in any configuration, to the cent |
| Product, price, procedures and personalities as the presenting party states them | The same four evidenced, in a file that passes pre-compliance (Bank Compliance) |
| Closing terms as stated | The closing packaged for the signatories’ partners or board to approve |
| A PDF to carry to your chain | The file presented to a buyer Magister Operis works with |
The snapshot is free and needs no introduction. The file a bank or a board signs against is prepared with Magister Operis, on terms set for each engagement. Contact:
The buyers
Magister Operis works with large private crypto buyers, not institutions with standing mandates. They move when the discount is healthy and their own read says the market is right, and they buy in tranches so a large purchase does not move the market against them. Some weeks they are active and some weeks they are not, so an offer has to be discounted and the seller patient enough for the right window.
| Product | Coins held by the seller under direct control, in a quantity that can move in tranches. |
| Price | A healthy discount to spot that reflects the size of the purchase. |
| Procedures | Face to face, at the seller’s location or as agreed. Purchases build in tranches: a modest first transaction, then larger ones as confidence is established. Coins move wallet to wallet or, where the case calls for it, to a hardware wallet (Ledger or Trezor) held by an escrow attorney, at added cost. Payment by SWIFT MT103, domestic wire, ledger to ledger, or against an acceptable bank instrument. |
| Personalities | The buyer deals with the owner of the coins, or a mandate who can demonstrate direct wallet control. The seller proves ownership and control before anything is asked of the buyer. The buyer shares proof of funds with an escrow attorney or bank for verification. Settlement cannot wait days or end in litigation, so direct control is not negotiable. A party that asks for the buyer’s proof of funds before establishing its own ownership is almost always a reseller or broker, not the owner. |
Optional: a Word seller offer template for setting out an offer in writing.
Bringing the offer to Magister Operis
Send the exported snapshot to
Standing, by party
| Owner or seller | The owner of the coins, or a mandate who can demonstrate direct control of the wallet, and counsel acting for the owner. Ownership and control are shown first. The ultimate beneficial owner (UBO) is identified to that counsel. |
| Buyer | An entity that owns the funds to purchase, or can evidence the infrastructure that ensures purchase performance. Proof of funds is shown to the escrow attorney or bank that verifies it, not released to the seller. |
| Intermediary | Its introduction and the connections it knows of. Magister Operis defines the rest for packaging. |
A party whose standing is evident on the public record, such as an established operator with a competent corporate website, verifiable officers and published operations, is not asked for proof of funds or proof of product. A party with genuine assets or funds whose standing is not yet evident establishes it with the documents set out in Bank Compliance, on its own or with help from Magister Operis.
A UBO who prefers to stay off the record is accommodated. Magister Operis does not need the UBO’s name, accounts or banker; the UBO’s counsel holds them. That counsel is named, engaged, reachable on a firm-domain address and carries active professional indemnity (errors and omissions) cover sized to the transaction (Bank Compliance, item 3). Disclosure then runs counsel to counsel.
Commissions are paid at closing, tranche by tranche. Closing requires approval by the signatory’s partners or board, and they approve on records. The sooner the records arrive, the sooner the file is packaged.
Reference: what banks require, item by item, in Bank Compliance; why an owned-domain address speeds a file, in Professional Email Addresses.
KYC / AML
An offer is presented to a buyer once its file passes pre-compliance, the standard the world’s largest banks apply to each other (Wolfsberg Group). The file is defined item by item in Bank Compliance: the parties, their counsel, banking relationships and intermediaries, and the ownership, control and on-chain history of the coins. Transfers through virtual asset service providers carry originator and beneficiary data under the FATF Travel Rule (Recommendation 16). A file already in order is presented as it stands, and closes as fast as the obvious quality of its paperwork and the parties’ websites supports. Where a party wants a full set of legal documents within a bankable KYC package, that is available on request through Integrity as a Service.
Every engagement is governed by the firm's Method and Disclaimer; intermediaries should also review the firm's Due Diligence standards.