Dear partners!
💬 During today’s online meeting, Anshel Gear, BUYTEX CMO, answered a number of relevant questions of the community as well as covered some news:
1️⃣ What happened to the price of BUX?
Because a large volume of tokens were sold on the exchange, BUX price dropped sharply. Immediately after, a huge number of tokens were bought through the BUYTEX NETWORK dashboards at a low price, many times more than what was sold for cheap on the exchange. This is why almost all of the tokens that were planned to be sold in a gradual manner over at least one and a half years were bought out. Such is the market, and things like this happen, we can’t prohibit anyone from buying or selling tokens. This event is neither bad nor good, this is just the way things are.
2️⃣ You can all see in your dashboards that the amount of tokens available for sale has almost run out. Once they are sold out, further purchases of BUX through the BUYTEX NETWORK dashboard will become unavailable. Purchasing plans will also become unavailable. The only place to buy BUX tokens will be on the BUYTEX exchange and other exchanges.
3️⃣ Partners with active plans will continue receiving token bonuses as per the established marketing. Binary, matching and leadership bonuses have not and will not stop for as long as there are tokens available for purchase. As soon as tokens run out, all bonuses will be paid out and no more plans or tokens will be available for purchase in BUYTEX NETWORK.
4️⃣ BUYTEX Exchange will continue to develop further and strengthen the BUX tokenomics. All the plans we have announced earlier are still intact. The main avenue of development will be the exchange itself: attracting traders, improving infrastructure, implementing previously announce and new instruments. Everything is going according to plan, and the team will continue putting a lot of hard work into strengthening all of our processes.
5️⃣ The BUYTEX NETWORK project will continue its operation, but in a different manner. The project will continue promoting BUYTEX products: proprietary training at BUYTEX Academy, trading bots and exclusive instruments for trading. The entire economy will be built on the BUX token. In other words, products will only be available for sale with BUX tokens, and marketing rewards will also be paid out in BUX.
6️⃣ Now, to the alleged account bans. For security reasons we have temporarily blocked some 1% of all accounts in the project, and the process of unblocking them has already begun. This will take some time due to a large number of requests sent to our support team. Our tech support will contact the project’s leaders to speed up this process.
🟢 BUYTEX is a project that was created for our common success. The ideas behind BUYTEX are unique, and our team continues to work and put even more effort into achieving the vision we have laid out before you from the very beginning.
🚀 The most interesting things are ahead of us, and the recent BUX token price action is only indicative of the tremendous interest and trust in the project that lead to an almost complete buyout of the tokens!
Sincerely yours, BUYTEX team!