Why is Bytnex formally known as Cryptex NOT a Scam

Going round the internet for the legitibility of bytnex formally known as Cryptex, i came across several bloggers and vbloggers who interprets the opportunity differently  referring it to the exchange in Russia also known as Cryptex.

These bloggers and vbloggers dont do proper research and mostly sought after information from AI which scrap information from the internet to feed their blogs.

First of all, Bytnex started since 2016. Bytnex is not into buying of crypto coins, no  trading or what ever they call it but they act as validators on the blockchain. Bytnex is a community which comprises of the members who are wallet owners like you and me, banks and insurance companies. Bytnex being roughly 10 years in existence is due to the strategy used with bitcoin...anonymity. Bytnex is 100% anonymous. 

 

What in simple explanation, Bytnex 

You only register using your email and password. No phone number or KYC. The banks, wallet holders and insurance companies are all anonymous.

Immediately you register as a community member on bytnex through your upline, all that you are required to do is to pay a processing fee of $100 per contract which is used to acquire an insured loan of 30,240$ or 43,000$ on your behalf. You can buy up to 130 contracts of different duration and if you want more, you can write the support to give you the permission to buy extra numbers.This loan secured is then invested in the bytnex staking pool which pays you daily profits. These daily income are compounded throughout the contract period to make you more money.

They have the 2 years contract, 3 years contract, 5 years contract and 7 years contract which is believed to scrapped off from the system soon. The 2 years contract pays you $21,500 per each 2 years contract you have. The 3 years contract pays you $35,000 at the end of the contract period. The 5 years contract pays you $471,000 at the end of the contract period and the 7 years contract pays you over a $1,000,000 in earnings.

 

And this isnt the only way you earn from bytnex. If you decide to tell others about the opportunity, you earn amazingly for that. The first is the referral bonus of 30% and down to 10 levels with different level percentages. Secondly you earn staking profits when your team members earn daily from their staking. The third is that you become a leader which not give you 5000$ automatically as a leader but you earn monthly salary from bytnex.

 

Reasons Why Bytnex Is Not A Scam

1. Staking has been happening on several crypto exchanges for long and continues even now:

Staking isnt something new.Its there for long time. On binance, you can stake your cryptos and still earn profits everyday. So many exchanges do staking. The amazing part with bytnex is that, they secure a loan that is insured on your behalf and that money is what is invested. The 100$ you pay is just the processing fee and not the the money that grows to that profits you earn. 

 

2. Bytnex Pays more than 400$ in bonuses when a contract is purchased.

When one buys a contract, bytnex spends over 400$ as bonus to your upline and other leaders above you. So why would someone who spend that much when you spend 100$ scam you? part of their earnings from validating in the blockchain are used to pay bonuses when a contract is purchased. In my life, i havent seen a scammer do something like that. If you are doubting about bytnex, kindly stop and sleep tight.

 

3. They give the capital that will make you the money from their partners.

Aside the two reasons up there, you should know that the capital which is invested in the staking pool are worked on by bytnex. Its an insured loan which is risk free to you. You dont have to pay for it, it will be deducted back to the bank at the end of the contract term. So ask yourself, which scammer will take 100$ and fund your account with 30,240$ or 43000$. Its never seen anywhere. 

 

4. There are proofs of payout on the blockchain.

I laugh when people say bytnex is for one reason. I think only people that never verify the addresses of bytnex says this. There are always huge amount of money in bytnex accounts when you verify any of their wallets on the blockchain including series of fresh payouts to members. Though they are anonymous and members who receives their earnings dont often share them but blockchain doesnt lie. You can find a lot of payouts when you check the blockchain. It has been one place i look out to most of the time. Check it yourself and you will be amazed how bytnex keeps paying its members. 

 

Personally i consider bytnex as my retirement projet and buys contracts to support my retirement. You can at least buy some for your retirement. Remember that, if you are someone who cant take risk, you shouldnt take this route with us. We are all doing our research and taking advantage of the opportunity. Though from little research i have done, bytnex is a projet you have to add to your portfolio.

 

If interested to start the journey, make sure you register your FREE Bytnex account here and whatsapp me: +233266221444 to add you to our group.Will also guide you on how to chose your contracts and get started.