This slide show gives an overview of the financial crisis in Greece, the problems of capital controls, and how to overcome these problems through Bitcoin & Spartan Route.
4. Import/Export Landscape
Greek Product Exports and Import
Product Import (60 Billion) Product Export (33 Billion)
Total Import/Export (€93Billion)
Total Imports (€60 Billion)
Total Exports (€33 Billion)
5. Bitcoin for Imports
• Through Spartan Route services Greek Business can pay
for their imports with Bitcoin.
• Presently, acquiring Bitcoin in Greece can be difficult, as
there is low Bitcoin liquidity in the country.
4 options to acquire Bitcoin:
Bitcoin Exchange
BTM (A Bitcoin ATM)
Give Spartan Route cash (we will then acquire Bitcoin)
Exports Goods & Services for Bitcoin
6. Bitcoin Exchange
CONS:
- Very limited deposit amount available
- You will pay above market price due to limited availibility
PRO: Two Bitcoin Exchanges in Greece that enable customer to
purchase Bitcoin through a Bank transfer within Greece.
7. B.T.M
PRO: Effectively enable you
to convert your fiat currency
into Bitcoin.
CON: Unable to process large transactions volumes
8. Export your goods for Bitcoin
Best Solution to bring Bitcoin Liquidity into the Greek Market
How?
- Greek Business transfer value out of the country via goods
& services
- Instead or receiving illiquid assets (Euro) for exports, receive
a liquid asset, Bitcoin !
- In turn, through Spartan Routes services, this Bitcoin can
then be used to pay for Imports.
9. What if I don’t Export?
Importers who do not Export – Can sell their
goods for Bitcoin online – “EBay/Amazon” style.
How?
Through a Bitcoin Market-Place, Greek Business
can sell their products internationally and get
paid with Bitcoin.
Spartan Route will help you find an international
market for your goods through our
“Spartan Route Bitcoin Store ”
10. What are my Risks?
Volatility of Bitcoin Price
We recommend 3rd party wallets which
provide insurance through derivatives to
eliminate exposure to volatility risk.
Credit Risk
Under the right circumstances we
are happy to make payment to
your supplier in advance of
receiving payment from Greek
company.
13. Export Process (Invoice Flow)
Exporter
Greek Exporter
Invoices Spartan
Route
Spartan Route Invoices
End Customer
Importer
14. Import Process (Invoice Flow)
Importer
Foreign Supplier
Invoices Spartan Route
Spartan Route Invoices
the Greek Importer
Exporter
15. Our Pricing
Imports
Minimum Fee on all transactions is 10€
European Payments
You pay us with Bitcoin: We charge 1.5%
You pay us with Cash: We charge 2.5%
The United States
You pay us with Bitcoin: We charge 2.5%
You pay us with Cash: We charge 3.5%
All other transactions
Price on Application
Exports
Minimum Fee on all transactions is 10€
All transactions are charged
at 1.5%
Please note that any transaction (or accumulative transactions) above
1000e will be subject to KYC & AML and will require the provision of
formal individual/company documentation.