As the market gradually recovers from the recent market crash that caused over $30 billion in liquidation, investors are trying to position for recovery. Over the past few days, the Ethereum-based token Remittix (RTX) has maintained the #1 position on the top trending charts.
Early investors reported that buying the token hedged them against market crashes, preserved their liquidity, and they have also been earning over $1,000 in rewards on the platform. Let’s dive into this trending token and its platform.
Remittix is an emerging PayFi solution designed to facilitate cross-border crypto-to-fiat transactions in over 30 countries. The platform is built on the Ethereum ecosystem, utilising its native token, RTX, to power the ecosystem.
Users can send cryptocurrencies on the app, which are converted to fiat currency using a live FX rate on the app, and deposited into the recipient’s bank account in over 30 countries. Remittix wallet supports over 40+ cryptocurrencies across different blockchains.
Remittix stands at the intersection of blockchain technology, decentralised finance (Defi) and traditional payment systems. It aims to bridge a $19 trillion payment gap between traditional payment (Web 2) and cryptocurrency (Web 3). Remittix (RTX) focuses on retail business adoption, with APIs designed to help SME’s, merchants and freelancers process crypto payments.
Transactions are fast, secure, with no KYC headaches, FX conversion problems and zero charges. Remittix is positioned as a cross-border crypto utility, ready to compete with Ripple’s XRP and Stripe.
To build trust and gain investors’ confidence, Remittix’s smart contract is fully audited by CertiK. Its liquidity pool and team tokens are locked for a period of three years.
Remittix offers a referral program that allows users to earn rewards on the platform. Users will earn a 15% reward on the buyer’s presale purchase in USDT. Rewards are instantly claimable every 24 hours via the Remittix dashboard. This referral program has enabled many holders to earn $1,000 daily.
Discover the future of PayFi with Remittix by checking out their project here:
