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Cryptobuyer, allowing the use of cryptocurrencies to send remittances making them “easier, cheaper and much faster”
It is well known that the main goal of Cryptobuyer as a company is to spread the reach of digital currencies and integrate them into today’s industries and people’s daily lives. Moreover, Cryptobuyer understands the economic challenges currently faced in many countries better than anybody else, and we are also aware that remittances represent a large percentage of the income in many of these countries with economic problems. Hence, we want to show people digital currencies full potential by giving them the opportunity the send money (remittances) with our private, secure and confidential products in an “EASY, CHEAP and FAST” way. For example, Mexico is the largest remittance market in the world, yet there are only 5 crypto ATMs in Mexico City (see image 1 below). Also, there is a huge potential for Venezuelan remittances given the current hyperinflation. This market alone is estimated to be at 1 billion USD in 2018 and 2 billion in 2019. Image 1-TOP remittances countries 2017  As you can see, Cryptobuyer offers accessible solutions for the current regional economic problems (such as hyperinflation and remittance) and also, a digital and a fully scalable crypto-platform that can be implemented globally. The real question is; What is the current status of cryptocurrencies being used to send remittances?, Is it really growing popularity over the last years? According to Mathew Di Salvo (2018), a new report by a blockchain-focused research company states that there has been an increase of people using cryptocurrencies to send remittances. He claims that this growth is in part due to the high costs incurred when using more traditional methods such as Paypal or Western Union. We invite you to read the full article of Mathew Di Salvo, to understand how the “use of Cryptocurrencies for remittance Is growing in popularity” by making them “Easier, Cheaper, and Faster”, in the following link: https://news.bitcoin.com/report-use-of-cryptocurrencies-for-remittance-is-growing-in-popularity/
Cryptobuyer is proud to announce that for the first time ever we will expand our network and operations through an ITO (Initial Token Offering), which will allow us to develop new solutions and expand into unexplored markets.
https://ito.cryptobuyer.io/
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CRYPTOBUYER PRIVATE SALE START
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11 REAL ADVANTAGES OF USING CRYPTOCURRENCIES.
The cryptocurrencies have shown that they are more than a simple boom or a fad, and that is here definitely to stay. Everyday people acquire digital currencies with more frequency and more businesses accept them as payment methods. But, in addition to that, there are so many benefits that the fiat currencies offer to the population.
After “the fall of the bitcoin prices” in the first half of 2018, some people continued to bet on this type of digital currency even though they knew the high risk. On the other hand, for the majority of the population, it is still not very clear what cryptocurrencies are, the different types of cryptocurrencies, how to buy or use them. In general, the real advantages of digital cryptocurrencies compared to fiat money and the traditional financial institutions (e.g. banks, cash, stocks in the stock market) are still a big gap.
 However, This new century brought with it the mobile applications, making the possession of smartphones practically indispensable, and with it the use of the blockchain technology (the technology on which the cryptocurrencies are based) became more viable in a world where people connect daily through their phones to carry out day-life actions such as; latest news, online shopping, connecting with other people, education, or even medical consultations through mobile applications without the need to go to a physical location.
In Cryptobuyer we believe that cryptocurrencies were born to change the way our finances move, they are the evolution of fiat money, and for many people, digital currencies are the solution they have been waiting for all their life. For this reason, we will introduce you below 11 real advantages of using cryptocurrencies.
1- Cryptocurrencies avoid fraud:
There are still many questions about cryptocurrencies, wrong information could lead to believe they are used for money laundry or even for fraudulent businesses. The reality is that cryptocurrencies are legal money, and because of their nature, they can not be falsified. A transaction cannot be revoked once it enters the chain of blocks and the authenticity is verified.
2- Immediate and economic liquidity:
When we acquire or sell an asset (whatever nature is) it involves third parties in bureaucratic processes to verify the property rights of those involved, causing an overall delay and high fees. The blockchain is a huge database of property rights online, which reduces time and costs, meaning that transfers of digital assets are immediate and the administrative costs involved are much lower compared to the traditional financial services.
3- Access to money without the need of traditional financial institutions:
Not all people have access to bank accounts, at least 2 billion people do not meet the banking requirements, and cannot access the bank services. Digital currencies are the ideal method that offers ownership available to all people in the legal exchange of money.
4- Lower costs:
As it is not necessary to sign contracts, fill out forms, generate checkbooks, plastic cards and various physical devices for the exchange of money, the transactional and use cost, is only a fraction of what the traditional institution charges for the equal service.
5- Cryptocurrencies are 100% owned by the user:
Cryptocurrencies not being own by a third party cannot be frozen at the discretion of a third party, as is often the case with traditional financial institutions, avoiding the bad moments of submitting to scrutiny to demonstrate the use of our money. Cryptocurrencies have a public and private key corresponding to the wallet where it is stored.
6- Global transactions:
Payments in cryptocurrencies can be made from anywhere in the world with internet access. Transactions of FIAT currencies are complicated if you do not have a bank account of the same currency, it entails high administrative expenses and not even 1% of the world population has bank accounts in all fiat currencies. Compared to that, cryptocurrencies facilitate not only the transaction of sending money internationally, but the trade of goods and services breaking down the barrier of currency changes. If you are a person who works with companies or clients abroad, cryptocurrencies can be as viable as a Paypal Payment, but often with even lower commission fees.
7- Simple process:
general, monetary transactions with traditional financial institutions involve many steps prior to the settlement of funds in the destination account. You need to give a lot of personal information that many people for protection would prefer not to provide. However, with cryptocurrencies the process of transferring funds is very simple, you only need to scan a QR code ( unique graphics code that is scanned with the camera of any device) or enter the destination wallet address, and click on send. The destination address will, in fact, take a matter of seconds to receive the funds
8- Guarantee users privacy:
with cryptocurrencies protect the identity of the user. Anyone can see the funds and transactions of an address. However, the identity of that user is protected unless it is revealed during a purchase process. This is one of the reasons why good practices should be adopted, such as the one use of addresses (in some portfolios, HD calls, there are several addresses for the same user). The process of transactions with cryptocurrencies, contrary to what is believed, is quite transparent.
9- Remittances are faster to send:
The important technological and telecommunications advances transformed the way of sending remittances, from a market that used money orders, to another current market dominated by electronic transfers, which reduce costs and time to reach remote areas that are difficult to access. The process of sending international remittances by traditional means can have a time of liquidation of funds of up to a week depending on the country. Usually the traditional process is as follows: Who sends the remittance goes to a foreign exchange agent, where he undergoes different exchange rates and high costs for administrative expenses, then who sends the remittance must wait for the exchange agent’s confirmation of having transferred the funds (there are exchange agents who have a period of up to 72 hours to settle the funds to the destination bank account), then whoever is going to receive must wait a period of up to 72 more hours for the funds of the remittance to be settled in their bank account (this varies according to the country), so if the shipment of the remittance is an emergency it could not be solved immediately, because they would have to wait up to a week in the liquidation of the funds. The cryptocurrencies allow access to the network to 4 billion people who have no possibility of operating with banks, credit cards or other means of payment and need to make remittances, export and import goods, etc. Thus, they can operate through the internet or a mobile application to make those electronic payments and other operations, and they would avoid waiting for the liquidation of the funds. Cryptocurrencies are a fast and secure option for online funds transfer immediately
10- Anyone with internet access can be part of the mining process:
Mining is the process of adding transaction records to the ledger of past transactions. The blockchain serves to confirm transactions to the rest of the network as having taken place. The primary purpose of mining is to set the history of transactions in a way that is computationally impractical to modify by any one entity. By downloading and verifying the blockchain, the nodes are able to reach consensus about the ordering of events in bitcoin. The software that is used, forces the system to complete complicated calculations and if everything goes according to the plan, the miners are rewarded with cryptocurrencies at the end of each process completed by the miner.
11- Cryptocurrencies preserve the purchasing power of inflation:
The main cryptocurrencies have a definite total supply that cannot be altered by any central bank or authority of any country, which promotes its value to increase over time, unlike the FIAT currencies which are controlled by central country banks, which can produce inorganic money at its sole discretion, triggering inflation rates. Cryptocurrencies in countries with high levels of inflation are a stable reserve of value and a hedge against sustained increases in prices in the local fiduciary currency, since the value of cryptocurrencies is calculated in stable fiduciary currencies, such as the dollar, and this value is referred to the last amount, which is negotiated in one of the main exchange houses or an averaged amount among several of them. Users should look for the following aspects: Secure platforms where they can protect their fiat money by buying or selling cryptocurrencies, and secure wallet services where they can guarantee the proper management of their digital assets.
The truth is that cryptocurrencies were born to satisfy the needs of those who cannot or do not want to use traditional financial services.
Finally, we recommend you to look for platforms that offer the greatest security against financial fraud, that have stability and recognition of their users, that verifies transactions within the broader international legal framework, and that protect your money.
Look for platforms that have the best rate of change in price — value, not always the best is what it costs less. Search for platforms that take care of your data.
When making a transaction with someone to verify your business history, it is preferable to be cautious than sorry.
Did you know that the thefts that have been documented in the cryptocurrencies industry have never been related to the source that generates them but to the third parties that manage these digital assets? For that reason, it is important to find wallets with good reputation and high-security controls to protect your digital assets.
Today, Cryptobuyer is proud to announce that for the first time ever we will expand our network and operations through an ITO (Initial Token Offering), which will allow us to develop new solutions and expand into unexplored markets.
https://ito.cryptobuyer.io/
Follow us on Twitter and Instagram @Cryptobuyer
www.cryptobuyer.io |
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Hello Good luck for your ICO.
In which countries will you start to establish yourself?
Mark Thank you for your comments, we are operating since 2015, our HQs are located in Panama, providing services throughout South America and with clients also in Europe. Our strongest expansion will be concentrated in Mexico, Argentina and Central America. We hope to have your support, greetings. |
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CRYPTOBUYER INSTALLS FIRST CRYPTO ATM IN VENEZUELA
We are very happy to announce the installation of the first cryptocurrency ATM in Venezuela. This country presents one of the largest communities in the world using cryptocurrencies for its hyperinflation problems. We are very proud to be the first to bet on the country and its people offering more and more tangible products and services.
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CRYPTOBUYER ON #TNABC JANUARY 2019
Our CTO Ruben Colina was present on the most recent edition of The North American Bitcoin Conference in Miami, he has the opportunity to present Cryptobuyer and also talks with heavyweight investors and funds, great partnerships to been announced soon, keep posted!
CRYPTOBUYER CTO RUBEN COLINA
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INVESTMENT ANNOUNCEMENT: INVICTUS CAPITAL HYPERION FUND
We are pleased to announce that the Invictus Hyperion Fund recently concluded an equity investment in Cryptobuyer, which was the only investment made by Hyperion in the fourth quarter.
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New alliance between Bitrefill, leading company offering real solutions in the ecosystem and Cryptobuyer.
The Panama based crypto-bank, which provides broker services, payment processing and ATMs, with more than 50,000 users in countries such as Venezuela, Colombia, Argentina, Mexico (but accessible from all over the world), has just integrated the services of Bitrefill so that its customers have access to more than 250 Vouchers and 700 telephone operators from 168 countries, quickly, safely, without creating extra accounts, without credit cards.
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You wrote. "In 2018, we introduced a practical solution for outlets that is already used in more than 50 stores and which allows any merchant to easily accept cryptocurrency as a form of payment." This is very interesting information. I would like to know where your ATMs are. In which country? In what city?
Hi! Our ATMs are mostly in Panama and we are now starting installing on Argentina and Mexico, with our own funds, the ICO is only to accelerate our expansion to new markets, hope have all the support of the community to keep showing real use cases actually in operation. |
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The ICO is for international expansion, not for start to build the project, the project is already a reality. I love when I find real uses of Blockchain technology.
Thanks so much for your comments! Great 2019! |
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TodoICOs English Review , 4.95 of 5 Score 22-November-2018 — https://en.todoicos.com/ico-review/review-cryptobuyer/ In order to achieve real adoption in the crypto-money market, we must ensure market access mechanisms for all people. With this mentality, Cryptobuyer has been working in different Latin American countries with a view to expanding throughout the region. |
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i heard a rumours if this project partner with dash the first leading masternode cryptocurrency in this industries, is that right ?
regards
Thank you for your comments, Dash has been a strategic ally of Cryptobuyer for more than 3 years, facilitating operations in emerging countries in Africa and Latin America, is one of the alternatives we offer to promote the final adoption, this news was referenced in Nasdaq recently and you can visit the news here https://www.nasdaq.com/article/another-cryptocurrency-makes-inroads-in-venezuela-cm995202We also want to share a video of Amanda B. Johnson that although it has some time is interesting to revisit, they are part of the long-term strategies of both companies. Dash is available in all our services: web platform, ATMs and Point of Sale, as well as in our collection platform. It is important to clarify that Dash is not directly involved in our STO, but supports the services we offer, greetings! |
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Cryptobuyer ready for the most important crypto conference in Spanish in the world. Spanish is the second most spoken language on the planet. It is the language of 500 million people. High-level communication and understanding of cryptocurrencies, and their underlying technologies, is critical for business leaders, governments, educators and influencers seeking to be at the forefront of disruption and innovation. Cryptobuyer CEO Jorge Farias will be giving a talk where he will speak as Blockchain and digital currencies help people in emerging countries and how the company is positioned as a leader in adoption, on November 17 at the 17:20 HRS. https://c20.io/programa-english.htmlLa RuralLandmarked as an Argentine Historical Site, it is the most chosen venue by companies and social organizations for their events. It has large, open outdoor spaces with a hundred years old tree, a relic that retains its splendor. A broad agendaThe C20 will feature two days of seminars, workshops, question and answer sessions, networking opportunities, speakers and panel discussions with experts on the most important business developments, technical innovations, regulatory analysis, and public policy issues.
Speakers, lecturers and key players who are building the blockchain ecosystem. 
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CoinLAB place Cryptobuyer on Top List. 12-November-2018 — CoinLAB Today we offer you a rating of the best ICOs in three fields. This time it is Cryptocurrency & Mining, Tourism and Casino & Gambling. The research is carried out on the basis of cryptolab.one, the website of professional analytics, the link is in the profile header. There are 32 ICO projects in Cryptocurrency & Mining, presented on the site. The best of them is Cryptobuyer Rating on the site is 90.66 points from 100 The goal is to create ecosystem that brings the benefits of blockchain to merchants and businesses. Cryptobuyer will help solve the problems that stand in the way of mass adoption by giving people a way to use their cryptocurrencies by providing merchants with PoS solutions, and providing the people access to a vast Crypto ATM Network that they can use to buy and sell. |
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Cryptobuyer Radio Interview for a 10 Million People Audience in Venezuela
On November 9, our CEO @jorgeluisfarias will be in an interview that you can not stop hearing on @unionradionet in Venezuela, led by @AryeliVera, in the program Espacio Informativo, at 5:00 p.m. Venezuela time, where they will analyze the market of cryptocurrencies in Venezuela.
 [/url] |
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This project is the perfect example of real implementation of Blockchain technology. They are a healthy company, lead on ATM's in Latin America.
Thanks so much! we keep pushing for real adoption! |
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Cryptobuyer invited by the Government of Colombia to talk on #Col4.0.
Cryptobuyer was invited to speak for more than 400 people including representatives of banks and regulators on how Blockchain and Digital Currencies help people in emerging countries, can see the full talk (in Spanish) of Jorge Farias, CEO of the company in the next link.
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Do you want a condo in the Caribbean paying with Bitcoin? Cryptobuyer brings it to you! .
Revolutionize as Airbnb did but in the Crypto Real Estate industry.
05-November-2018 — Panama — The Group, recognized business group with more than 26 years of experience as investors, promoters and developers of Real Estate projects, and Cryptobuyer, leading company in the management of digital assets, announce their collaboration to promote the use of Blockchain technology and payments with cryptocurrencies.
Real estate businesses are one of the industries that most drive national economies, and in the information society, are more likely to succeed those businesses seeking specialization. One way to do this is to find a minority target audience and poorly served, such as rent for tourists, a solution that has been resolved by the international company Airbnb with more than successful results.
The Group is part of these professionals who have taken the initiative to take the lead in the market and now seeks with this collaboration to serve a very specific niche, the user of the blockchain technology that wants to invest in a safe way.
 According to the EY report, Global Market Outlook Trends in real estate private equity, companies that focus on the creation of specific computer systems for the real estate sector, the adoption of new software and the development of alternative and disruptive platforms to meet this new kinds of customers will be the leaders in the years to come. Cryptobuyer, who already has almost 4 years of experience in the market and an extensive network of alliances including Mercado Libre, PaymentWall and OXXO in Mexico, offers these solutions to The Group seeking efficiency in its daily processes adding value to its current offer of developments and providing specific payment solutions to its customers, quickly, reliably and safely. About The Group: The Group puts at your disposal knowledge and experience to help and guide you in all the steps so that your dream residence or the project in which you are going to invest is a successful reality. Our professional capacity allows us to serve the real estate sector as investors, developers and promoters with more than 26 years of experience nationally and internationally. With highly qualified specialists and professionals, committed to making their knowledge available to their clients. The Group continuously conducts studies to identify opportunities to invest and participate in projects that will result in its economic growth and the impressive benefits that Panama offers. The multiple services we provide include: Financial, construction, project development, marketing, real estate, property management, investments, legal advice, insurance and reforestation. About Cryptobuyer: Digital Assets Connector leader in the development and implementation of Blockchain and cryptocurrency solutions, has one of the largest Crypto ATM Chains in the region located in premium locations and high traffic shopping malls, offers a payment solution called Cryptobuyer Pay that allows any business to receive payments in crypto without having to worry about volatility. The company has a long list of allies and business partners using its systems. Cryptobuyer belongs to the Iberoamerican Alliance of Blockchain and the City of Knowledge Foundation, a recognized technological campus. For more information, you can write to info@cryptobuyer.io or visit their website https://cryptobuyer.io/en/ and https://thegroup.com.pa .[/size][/color] |
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Cryptobuyer Pay POS: Another fully working real life use case .
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Real Infrastructure, Clients and Partnerships: Cryptobuyer ATMs .
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