BUYTEX is an innovational platform where you can exchange cryptocurrencies

[Buytex Network]

Visa Files Patent Application to Create Digital Currency on Centralized Blockchain Network

Visa has filed a patent application to the U.S. Patent and Trademark Office (USPTO) to create digital currency. According to a post on Forbes, Visa will create the digital currency on a centralized computer using blockchain technology.

As a result, its shares continued scaling higher after closing yesterday trading at $180.90, approximately 2.15%. The company has experienced an increase in daily users, due to the coronavirus pandemic, which is pushing people to adopt plastic money.

The filed patent applies to digital dollars as well as other central bank digital currencies such as the pound, euros. It was initially filed back on November 8, 2019, by visa, however, the process took time to move into the next step.

💬 Company said: “Each year we seek patents for hundreds of new ideas. While not all patents will result in new products or features, Visa respects intellectual property and we are actively working to protect our ecosystem, our innovations and the Visa brand,” said Visa’s spokesperson".

[Buytex Network]

Dear partners!

🔄 Today we updated the personal account of BUYTEX Network!

✔️ Now in the “My Team” section you can see the e-mail addresses of personally invited partners and from which countries the partners are in the team.

Also, countries are now visible in the binary structure!

We are constantly working on improvements and do everything for your comfort!

Best Regards, Buytex Team

[Buytex Network]

German Bank Partners With Singapore Fintech Consortium on Blockchain

Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital. Partnership will involve exploring blockchain applications within the context of banking and financial services.

Anquan Capital already has launched a number of distributed ledger technology, or DLT, firms, including Zilliqa and Anqlave.

Ten31 chief executive, Matthias von Hauff, stated:
“With Anquan as a shareholder, we have added yet another ideal partner to our network. Not only do we benefit from their excellent technologies, but we also secure a spearhead in the Asian region in the long term.”

The collaboration appears poised to see WEG’s Ten31 provide digital asset custody services for Anquan affiliates — with Anqlave offering custody solutions to enterprise clients.

[Buytex Network]

Congratulations to all the project leaders who have reached new ranks!

We wish you maximum results, a large, strong team and huge checks!

Congratulations to all the project leaders who have reached new ranks! We wish you maximum results, a large, strong team and huge checks!

The BUYTEX Network project may be only a month old, but a lot of our partners have already fulfilled all the conditions for achieving a new rank! Congratulations to everyone who has reached a new level! Wwould like to inform you that Buytex representatives will contact you personally in the coming week to discuss the details of sending you the gifts!

Regards, BUYTEX Network Team

[Buytex Network]

BUYTEX Exchange Registration Opens 22 May!

Hooray, finally!

✔️ Great news: we have completed the necessary tests and functionality checks of the BUYTEX platform and we are now ready to launch! This means that starting May 22 the platform website at BUYTEX.io will be open for users to register.

❗️Attention!!! The first 10 000 users to register will get a free voucher for 50 BUX!!!

Stay tuned to our channels, more great news and interesting things ahead!

[Buytex Network]

Crypto Traders Are Longing ETH

The number of Ethereum (ETH) longs has continued to surge after breaking into all-time highs at the end of March.

Despite the broader crypto markets posting price gains alongside BTC in recent weeks, the number of open longs remains low for most crypto assets after plummeting during the mid-March crypto market crash.

Since breaking into record highs on Feb. 26, ETH/USD longs on major crypto exchange have increased by 170%. After increasing roughly 50% from March 2019 until the start of 2020, ETH/BTC longs shot up by a further 83%.

The trading activity surrounding other top crypto assets, including several altcoins, has dried up significantly as speculators bet on the Bitcoin halving and Ethereum’s forthcoming ETH 2.0 overhaul.

[Buytex Network]

Will Bitcoin Price Plunge Again as US-China Trade War Reignites?

🔸 The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to $6,000.

🔸 Now the U.S. and China are on the verge of reigniting a new trade war as the two nations battle over the origin of the coronavirus. U.S. President Donald Trump recently warned that the signed phase one trade deal “doesn’t feel the same to me,” expressing his intent to walk away from it.

🔸 The price of the top-ranked digital asset on CoinMarketCap faces the risk of a major pullback if a full-scale trade war between the two superpowers. Despite a strict prohibition of cryptocurrency trading, Chinese investors make up for a fairly large share of the global Bitcoin market. If the inflow of capital into China slows down as a result of intensifying pressure from the U.S., it is likely to cause a decline in appetite for high-risk assets including single stocks and Bitcoin.

[Buytex Network]

Libra Association Appoints Former FinCEN Head as General Counsel

The Libra Association, the organization behind Facebook’s Libra stablecoin project, announced the appointment of Robert Werner as its general counsel, in what seems to be a continuing strategy to reconcile with regulators.

Werner brings vast experience from both the public and private sectors, including serving as the director for the Finance Crimes Enforcement Network (FinCEN) and overseeing both HSBC and Goldman Sachs’ enterprise executive for policy and regulations.

“I have dedicated my career to combating financial crime and helping complex organizations achieve regulatory compliance, both in government and in the private sector,” said Werner.

“I am grateful for the opportunity to join the Libra Association, as we work to transform the global payments landscape to empower billions of people […] I look forward to meaningfully contributing to such an impactful project,” he added.

[Buytex Network]

Two days to go until BUYTEX exchange is open for registration

🎉  Reminder: registration on the BUYTEX.io website will be open on 22 May 2020!

🕐  The exchange is ready for operation and in just 2 days we will accept the first users of the platform.

🎁  We would also like to remind you that the first 10,000 users to sign up will get a 50 BUX voucher!

[Buytex Network]

One day to go until the BUYTEX exchange is launched and open for registration

Reminder: registration on the BUYTEX.io website will be open on 22 May 2020!

The exchange is ready for operation and in just one day we will accept the first users of the platform.

We would also like to remind you that the first 10,000 users to sign up will get a 50 BUX voucher!

[Buytex Network]

Today we're opening registration and launching the BUYTEX exchange.

We would also like to remind you that the first 10,000 users to sign up will get a 50 BUX voucher!

[Buytex Network]

Twitter Bitcoin Mentions Now Exactly Mimic Market Cap

🔸 Tweets including Bitcoin are far ahead of altcoins, but there are major similarities between Twitter and market cap rankings.

🔸 According to the latest data, Bitcoin’s popularity on Twitter by the number of tweets is not only the highest of all the cryptocurrencies — it is proportional to market cap. For May 26, Bitcoin tweets numbered 26,778. Tweets including six others — Ether, XRP, Litecoin, Tezos, EOS and Chainlink — came to roughly another 13,000.

🔸 Out of a total of around 39,000 tweets, Bitcoin’s share is therefore around 68%. Meanwhile, data from CoinMarketCap shows that at press time, Bitcoin’s market cap dominance is 65.7%. 

🔸 Market cap refers to the implied value of all the units of a cryptocurrency that have been created. Bitcoin has not always held the lion’s share — in January 2018, for example, its “dominance” was something of a misnomer at just 32%.

[Buytex Network]

BUYTEX Network Website Update!

We are happy to announce that the buytex.net website is now available in 🇹🇷 Turkish and 🇰🇷 Korean!

🕐 In the next 24 hours the partner dashboard section of the website will receive the following updates:

1️⃣ New languages

2️⃣ Notification system

3️⃣ Updated “Finances” section

✔️ We continue working to make the experience of using BUYTEX Network as convenient as possible for all our partners!

Sincerely yours, BUYTEX team.

[Buytex Network]

BUYTEX Network Dashboard Update!

✔️ We are happy to announce that dashboard at buytex.net is now available in 🇹🇷 Turkish and 🇰🇷 Korean languages.

✔️ Also notification system is added (new personal invited partner in your team; reaching new leader ranks; bonuses notifications: direct bonus, binary bonus, matching bonus).

Sincerely yours, BUYTEX team

[Buytex Network]

BUYTEX Exchange Registration Opens May 30!

Dear partners!

⏰ We are happy to make a much-anticipated announcement: this Saturday, May 30 at 12:00 London time (GMT+0) the BUYTEX.io platform opens registration for users.

🎁 We would like to remind you that the first 10 000 users to sign up will receive 50 BUX as a registration bonus!

♨️ Stay tuned, we have a lot of news and interesting things ahead!

Sincerely yours, BUYTEX team

[Buytex Network]

Lithuania’s Central Bank Completes Blockchain Regulatory Research

The Bank of Lithuania (BoL) has finished the research phase of its blockchain-related project LBChain. In the next phase, the institution will create a sandbox that mixes technological and regulatory infrastructure for the technology.

LBChain allowed market participants to test their business solutions in a controlled environment by assessing the critical needs of fintech and startups. They then provided them with the ability to carry out blockchain-oriented research and adapt blockchain-based services into their businesses.

Andrious Adamonis, LBChain Project Manager at the Bank of Lithuania, commented:

“LBChain has proved to have enormous potential. It is the cradle of future technologies, offering the opportunity of creating state-of-the-art solutions. Having been already tested by financial market participants, the platform may also be applied in such fields as energy or healthcare.”

[Buytex Network]

Updates!

💥 Dear partners, we are happy to bring you good news!

✔️ Yesterday we have updated the financial section of the website.

✔️ Today we added the Russian language to the main page and the dashboard.

✔️ Another update to the dashboard that we are rolling out in the next 48 hours is a direct technical support module.

✔️ This new feature will make it more convenient for you to connect with our support agents faster.

Sincerely yours, BUYTEX team

[Buytex Network]

💬 Hello, as a lot of you already know, I’m Anshel Gear, chief Marketing officer at Buytex.

I Have good news for you and I’m sure you’re waiting for them.

Firstly, we updated our buytex network and already receiving positive feedbacks from our users.

Secondly, new languages were added and important notifications system was integrated.

In addition, we upgraded the merchants and accordingly the transaction processing speed has increased tremendously.

But the most important thing I want to tell you today, is that you should be ready by May 30 tomorrow at 12:00 pm London Time, This is the start of the first registrations at the buytex exchange. Tell all your friends that they can receive gifts for registration, as the first 10,000 registered users will receive 50 BUX tokens for free.

Tomorrow you will lay the foundation of your passive income for many years and remember this day for the rest of your life!
We are making History together, and we have a long way ahead, which we will take together!

Sincerely yours, Anshel Gear.

[Buytex Network]

Official BUYTEX Exchange Registration Has Launched

😍 Today we’re witnessing history being made as the BUYTEX platform opened its doors for new users on the same day Elon Musk successfully launched his Crew Dragon spacecraft! This day will go down in history for the entire world to remember!

💚 We are thankful to each and every BUYTEX project participant for your patience – today you have laid the foundation of your financial well-being for years to come!

♨️ We would like to remind you that the first 10,000 users to register on the platform will receive 50 BUX that will be deposited to their wallets on the day the exchange is launched.

👍 Opening registration at BUYTEX.io is only the first step that we have successfully taken!

There is a lot of news ahead of us, so stay tuned!

Sincerely yours, BUYTEX team

[Buytex Network]

BUYTEX Network Platform Updates!

The partner dashboard is now available in new languages:
German
Spanish
Portuguese
Korean
Chinese
Vietnamese.

✔️ We have also implemented a section for communicating with our technical support service. This new feature will make connecting to our support agents faster and more convenient.

Sincerely yours, BUYTEX team.