Remittix (RTX) is making waves in the crypto world for good reason. This innovative payment network combines traditional payment systems with decentralized finance, creating a unique PayFi solution. The word on the street is that Remittix is fast gaining popularity, and its presale has already begun to interest investors.
Based on the projected growth rate, where estimates have it that it will do a 100x more, it is not surprising to see many joining the presale. So, what makes RTX so special? In the simplest terms, it enables a person to transfer money internationally using cryptocurrency and ensures the recipient will receive the exact amount in any currency.
How Remittix Works
Remittix simplifies the process of sending money internationally. Here’s how:
- Enter Recipient’s Bank Details: Provide the recipient’s bank details just like a standard bank transfer. No private banking information is needed; only the details on their invoice are required.
- Specify the Amount: Enter the amount you want to send and add a payment reference. Remittix will show you a detailed quote, including the crypto required and any fees.
- Initiate the Transfer: Transfer the amount to another specific deposit address. It is exchanged for fiat currency and directly credited to the beneficiary’s bank account.
- Payment Complete: You will receive a receipt once the payment has been processed. Transactions are typically completed within one day, and the best part is that there are no hidden fees.
The Opportunity in Numbers
The global payment landscape is massive. It reached $5.075 trillion daily transfer in 2023 and $1.3 quadrillion yearly. Remittix is eyeing this $183 trillion banking sector as it seeks to bridge fiat cross border payments via blockchain.
RTX is designed to revolutionize cross-border payments by instantly allowing users to convert cryptocurrencies into FIAT and send to any bank account all over the world.
Why Choose Remittix
Remittix offers several standout advantages:
- Global Reach: Seamlessly send money anywhere in the world.
- Lower Fees: Enjoy lower costs compared to banks and traditional systems.
- Faster Processing: No more waiting days for transfers—Remittix delivers speed.
- Transparency: Flat fees mean no hidden charges or surprise conversions.
- Privacy: Recipients receive fiat without knowing the payment started as crypto.
- Flexibility: Businesses can accept crypto and settle in fiat.
Unlike competitors like Stripe, Wise, and Coinbase, Remittix allows users to send crypto, convert it, and deposit fiat into a bank account. This unique feature makes it a key player in the space.
Empowering Businesses
Remittix isn’t just for individuals. Businesses can use the Remittix Pay API to accept crypto payments and settle in fiat. Freelancers can also issue invoices and get paid in their native fiat currencies. RTX is revolutionizing cross-border payments by facilitating 40+ fiat currencies and 50+ cryptocurrency pairs.
Presale and Future Plans
The Remittix presale is live and is on track to raise $36 million. With 750 million tokens available, demand is expected to be high. The liquidity pool and team tokens will be locked for three years, ensuring stability.
A full smart contract audit has been completed, and the contract will be renounced after the presale, giving the community governance. The RTX token will be available on other exchanges and Uniswap, which means more growth will come.
Conclusion
Today, Remittix is at the forefront of changing the way payments are conducted through the integration of crypto and fiat payment solutions. Indeed, RTX offers really unique features, tends to compete on fees, and pays particular attention to privacy, which makes it go viral.
