No global central bank Is working on retail digital currency use

A recent report by R3 claims that no central bank is currently pursuing the development of a retail CBDC. As the authors of the document explain, CBDC’s are divided into wholesale and retail: the first is limited to commercial banks while the latter can involve corporations, small businesses, and even individuals.

The report explains that a wholesale CBDC is just a new modernization step for central banks, while a retail CBDC “is an opportunity to extend access to digital central bank money.” Interestingly, the report clearly states that all the CBDC projects currently pursued by central banks worldwide aim to create wholesale CBDC systems.

While such systems may differ significantly from the “digital cash” that many expected them to be, CBDCs are being widely researched and developed around the world. One particularly famous example is China’s digital currency, which according to mid-April reports, is now being tested in four different cities in the country.

The tokenomic of the platform is based on the BUX token

☝️ What you need to know about our token:

🔸 Every holder of the BUX token gets the dividends from the stock market profit;

🔸 The users will get significant discount using BUX to pay the exchange commissions;

🔸 Every quarter BUYTEX burns BUX in an amount equal to 15% from the income.

All of the above will help stimulate the demand for BUX and drive its price upwards.

🔺 To learn more about the project, please visit buytex.net

Earning money with BUYTEX Network? Easy!

A large portion of the BUYTEX Network community can’t be considered professional investors, yet they get steady profits. How is that possible?

It’s simple – the professional developer team behind the project has done everything in their power to help our partners successfully navigate the world of investments, while our 24/7 customer support helps make your investing experience more convenient and enjoyable.

BUYTEX Network is building a unique ecosystem so that our project’s participants can enjoy high yields. Thanks to its marketing and development strategies, the BUYTEX Network project can provide our customers with the luxury of high and stable profits!

✔️ The list of plans is extensive, but it can be summed up with the following bonuses:

▪️ Weekly profits that is easy to withdraw;
▪️ Token unlock period of 52 weeks;
▪️ Instant deposit withdrawal;
▪️ Minimal withdrawal fees;
▪️ Our own cryptocurrency exchange;
▪️ Payment options: BTC, ETH, ERC20 Tether (USDT).

By growing their partner networks, project investors receive additional privileges and bonuses. The BUYTEX Network project supports its regional partners, puts great effort into promoting the project as well as stimulate its growth and development.

Storj launches free storage program for coronavirus research

Decentralized storage network, Storj, has launched a program providing free storage to organizations participating in COVID-19 research.

On April 22, Blockchain-based cloud network, Storj, announced a program offering free online storage to organizations engaged in research contributing to the global fight against the coronavirus pandemic.

Storj’s storage program will provide qualifying organizations with one terabyte of free cloud storage. Storj has committed up to five petabytes of data and storage toward COVID-19 research in total, and will consider requests for resources exceeding one terabyte.

BUYTEX Network is putting together a team of ambitious partners!

💫 The BUYTEX Network project is open for international partnership. We invite those who are ready to grow together with us!

✨ BUYTEX Network partners are the most important people in our project’s community. They help newcomers to the project learn the ropes and contribute greatly to our system’s growth. Every day we receive and analyse hundreds of applications from our active partners who want to move up the ranks to become regional partners!

☝️ Everyone has a chance, so act now! Register and submit an application on our website today buytex.net! We are waiting for you!

💥 Great news!

📍 The BUYTEX exchange goes online! Our platform’s website has finally been released and is now available at buytex.io.

We have begun testing and tweaking all the systems.
After everything has been tested, we will announce the user registration opening date.

We would like to remind you that once the number of registered users has reached 10,000 members, the rest of the platform features will go online!

🙌 Stay tuned to our news, the most interesting is yet ahead!

Sincerely yours, BUYTEX team

Our project has a Kakao Talk group now!

Kakao Talk is a Korean messenger with social media, mobile banking and marketplace features with over 140 million active users.

➡️ We will be glad to see you join us on Kakao Talk! http://pf.kakao.com/_FeJaxb

🙌 Welcome aboard!

BUX token is limited to 1,000,000,000 coins. HODL!

The issue of the most popular and well - known cryptocurrency - BTC is limited to 21 000 000 coins. Analysts say that it is because of the fixed number of bitcoins that the price of the coin will grow in any case.

♨️ Our token is also limited to 1,000,000,000 BUX tokens. HODL!

Time to earn money!

🔸 Today the world is standing on the cusp of blockchain revolution, and everyone has the opportunity to secure this bright future together with the BUYTEX Network project.

🔸 Spring 2020 is the most opportune time for cryptocurrency trading and making your money work for you. Digital money is on the fast track to gaining a special place in the modern world – bitcoin adoption is making strides, you can already buy electronics and food as well as pay for your meal at some restaurants and cafes.

🔸 What’s most important about the stock market crash and the global financial crisis is that cryptocurrencies remain the only asset free from any kind of control. Bitcoin is financial freedom and a unique opportunity to gain it entirely by yourself.

🔸 If you don’t know where to start, simply sign up for the BUYTEX Network project and receive professional help and advice.
Cryptocurrency is the asset of the future that is available today to provide financial security to you and your loved ones.

The BUYTEX Network team is convinced: your money must work for you, so don’t miss out on the opportunity to increase your profits!

Personal brands go to ICO

A french programmer Alex Masmej tokenized his own life, receiving more than $ 20 thousand from investors as part of a “personalized token sale”. In total, 30 investors took part in the token sale. Using the funds raised, the programmer plans to move to Silicon Valley and open a DeFi startup.

Another self-taught artist from Paris, Ben Elliot, announced the release of tokens, the value of which depends on the development of his career and the market value of the works. The Stellar blockchain-based digital currency will be called Ben Elliot Token (BET).

It seems that a new era is beginning in which everyone can tokenize their life.

Our project has a WeChat group now!

WeChat is a Chinese messenger with social media, mobile banking and marketplace features with over 800 million active users. We will be glad to see you join us on WeChat!

🙌 Welcome aboard!

This site is not owned by the project. Do not be fooled!
Perhaps you made a mistake. website project buytex.net . and exchanges buytex.io

ВUX Token Pros

We have decided to tell you about the advantages provided by our BUX tokens!

BUX is an exchange token, meaning every service on the platform becomes significantly cheaper if you pay with BUX. We are sure that after the platform is launched, the number of users will keep rising thanks to the convenient interface, low fees, beneficial plans, and total transparency. The more users we have – the higher the demand for the BUX token, and the higher the demand, the higher the price on the token!

📍 A few important facts about BUX:

🔸 Deposit/withdrawal of fiat money is more beneficial with BUX compared to regular fees, depending on the token exchange rate;

🔸 The amount of BUX is strictly limited. Besides, as time goes by, the amount of tokens will decrease (BUX token burn is planned to occur every three months);

🔸 Every token owner will have a number of privileges and an opportunity to profit;

🔸 And the main question – why buy the tokens now? Because the price on BUX tokens is at its lowest while the exchange hasn’t yet launched. One BUX token is just $0.1!

The BUYTEX Network website is updated with new languages

For the convenience of our users, the entire website is now available in German, Portuguese, Spanish, Chinese and Vietnamese!

☝️We continue working on new features to make our platform even more convenient and user-friendly.

Stay tuned to our news!

Sincerely yours, BUYTEX NETWORK team.

Record investment from institutional investors to Bitcoin and cryptocurrencies

Crypto investment firm Grayscale Investments invested $503 million in the first quarter of the year, which is 40 percent above the previous record.

Grayscale Investments, a crypto asset manager, one of the institutional investors’ gateways into cryptocurrencies, invested $ 503.7 million in the first quarter of this year.

This figure is well beyond the $ 354.8 million recorded in the third quarter of 2019. It also accounts for 83 percent of the money collected in all of 2019. This large flow of money is thought to stem from the intense interest of institutional investors who have the opportunity.
Institutional investors account for 88 percent of total investments in the first quarter of this year, and most of them are free investment funds.

A Knight Frank study shows that cryptocurrencies have already surpassed gold and bonds in terms of investment attractiveness – the interest towards this instrument is on a steady rise. The current crisis has only sped up this climb. It’s important to note that crypto is in high favour among young people, primarily, millennials (born between 1985 and 1995, also known as Generation Y).

An interesting research was done by an investment platform eToro. Amid the rise in volatility, the majority of investors strive to expand their portfolios and diversify risks by resorting to safer assets.

By the way, not too long before that, another company called Grayscale Investments has published a thematic study where it recommended using cryptocurrency as a hedging instrument during financial instability.

The authors of the study believe that cryptocurrencies hold great potential and will prove their worth in times of liquidity crisis.

Trust is the basis for every mutually beneficial co-operation

That's what we are striving to achieve with our partners — strong relationship of trust — so we suggest everyone interested to verify our company's legitimacy.

➡️ To get access to all the necessary information, follow the link https://ariregister.rik.ee/index?lang=eng and then type BUYTEX in the search bar.

Sincerely yours, BUYTEX team.

Presenting the first dashboard update on buytex.net

♨️ Now in the MY TEAM section you can search partners by login.

💡 We continue working on introducing new features.

🔺 Stay tuned to our feed, the best is yet to come!

Sincerely yours, BUYTEX team.

Important news!

The BUYTEX exchange will launch in the very near future!

The launch of the platform will happen in 3️⃣ steps:

1️⃣ This coming Monday on 27.04.2020 the official website will go public. The final tests of the platform will take place.

2️⃣ After all the systems are tested and good to go, we’ll first announce and then launch user registration.

3️⃣ Once the number of registered users on BUYTEX reaches 10,000 the platform will finally open for business with all its features!

🔺 Stay tuned to our feed, the best is yet to come!

Sincerely yours, BUYTEX team.

What is BUYTEX Network?

📍 BUYTEX is an innovational platform where you can store and exchange cryptocurrencies and fiat money with total confidence. Our platform opens up the next generation digital asset market for our users.

The main advantages of the BUYTEX exchange:

▪️ Regulated by EU law (which is strict, particularly in regards to cryptocurrency exchanges);

▪️ Secured by the latest advancements in cybersecurity technology, putting the exchange among the most reliable and protected in the entire industry;

▪️ Supports a large number of various digital assets both well-known and new, promising ones;

▪️ Interface and features thoroughly satisfy both market professionals and newcomers to the trading space;

▪️ Competitive fee schedule, transactions and orders are executed in a timely fashion;

▪️ Zero deposit limits, and a simple, convenient withdrawal process

▪️ Backed by our own BUX exchange token.
Besides, the exchange features a unique affiliate program that you can already participate in and grow together with the project.

🔺 Learn more about the BUYTEX exchange and the BUYTEX Network project. Become a part of our community: https://buytex.net