Bitcoin surpasses $97k as Remittix’s presale surpasses $11m

Key
takeaways

• 
  Bitcoin
  is
  up
  nearly
  1%
  in
  the
  last
  24
  hours
  and
  now
  trades
  above
  $97k.
• 
  The
  Remittix
  presale
  has
  nearly
  doubled
  in
  two
  weeks,
  raising
  over
  $11
  million
  from
  investors. 

Bitcoin
hits
$97k
in
a
weekend
rally

The
cryptocurrency
market
is
rallying
this
weekend,
with
Bitcoin
and
other
major
altcoins
currently
in
the
green.
This
is
a
shift
from
recent
weeks,
where
Bitcoin
had
struggled
during
the
weekend.

The
world’s
leading
cryptocurrency
by
market
cap
is
up
1%
in
the
last
24
hours
and
now
trades
above
$97k
per
coin.
At
press
time,
the


price
of
Bitcoin

stands
at
$97,262
and
could
rally
higher
in
the
near
term. 

Despite
the
recent
volatility,
investors
remain
bullish
about
Bitcoin’s
price
potential
in
the
medium
to
long
term.
This
could
translate
to
confidence
in
altcoins,
especially
those
building
infrastructure
for
users. 

What
is
Remittix?

One
project
that
is
currently
building
an
exciting
infrastructure
for
users
is
Remittix.
In
a
market
dominated
by
stablecoins,


Remittix

is
building
a
PayFi
project
that
would
make
cryptocurrency
payments
easier
for
users.

In
its
whitepaper,
the
team
described
Remittix
as
a
payment
network
that
merges
the
best
parts
of
traditional
payment
systems
with
decentralized
Finance.
The
merger
of
these
two
is
called
PayFi.

Remittix
is
designed
to
empower
users
to
pay
fiat
into
any
bank
account
worldwide
using
crypto.
The
platform
will
enable
users
to
easily
connect
their
crypto
wallets
and
send
cryptocurrencies
to
recipients
who
can
receive
the
money
in
their
preferred
fiat
currency. 

An
exciting
feature
of
Remittix
is
that
it
comes
with
no
hidden
fees,
no
expensive
conversation
rates
and
the
recipient
will
have
no
idea
the
original
payment
was
sent
in
crypto.

Remittix’s
working
model

Remittix

is
an
exciting
platform
because
it
is
easy
to
use,
making
it
ideal
for
novices
and
experts
in
the
ecosystem. 

To
use
Remittix,
the
user
will
enter
the
recipient’s
bank
details
into
Remittix,
just
like
in
a
standard
bank
transfer.
The
sender
must
also
enter
how
much
they
want
to
pay
and
the
payment
reference
to
be
displayed
on
their
bank
statement.
Remittix
will
generate
a
quote
for
the
sender
and
show
the
amount
of
crypto
to
transfer
and
the
exact
amount
charged
in
fees.

Once
this
is
done,
the
sender
transfers
the
crypto
to
the
unique
deposit
address
provided.
The
crypto
will
then
be
liquidated
and
transferred
to
the
recipient
via
bank
transfer.

Upon
the
successful
completion
of
a
transaction,
the
sender
will
get
a
receipt.
Furthermore,
users
can
obtain
updates
about
their
payment
in
the
Remittix
dashboard.
Typically,
payments
will
arrive
at
the
recipient’s
bank
account
within
24
hours.
The
full
amount
will
arrive,
and
the
reference
will
be
included.

Remittix
presale
hits
$11m

The
project’s
unique
operational
model
is
already
attracting
investors.
Within
two
weeks,
the
Remittix
presale
doubled
in
the
amount
raised
from
investors.
The
presale
has
now
surpassed
$11
million,
selling
over
449
million
$RTX
tokens
in
the
process. 

According
to
the
team,
the
presale
target
is
$36
million.
There
are
750
million
tokens
available
in
the
presale,
with
nearly
450
million
already
sold.
The
Remittix
liquidity
pool
and
team
token
will
be
locked
for
three
years 

Remittix

has
undergone
a
full
smart
contract
audit
which
was
passed
with
no
issues
within
the
contract,
further
solidifying
their
commitment
to
safety
and
transparency
for
their
customers. 

The
native
$RTX
token
will
launch
on
centralised
exchanges
and
on
Uniswap.
To
participate
in
the
ongoing
presale,
investors
can
purchase
the
$RTX
tokens
using
USDT,
USDC,
and
accepted
cards.

The
RTX
token
is
currently
sold
for
$0.0539
per
token,
with
the
price
set
to
increase
to
$0.0567
in
the
next
presale
stage 

Should
you
invest
in
the
Remittix
project
now?

Remittix

is
building
a
payment
infrastructure
that
could
change
how
users
interact
with
cryptocurrencies.
This
PayFi
project
could
boost
crypto
adoption
by
making
it
easier
to
send
crypto
to
others
as
fiat. 

The
project
has
raised
over
$11
million
so
far,
and
at
this
rate,
the
presale
could
be
over
in
the
coming
days
or
weekend.
The
presale
is
an
excellent
opportunity
for
investors
to
get
in
early
on
this
project.
It
is
an
opportunity
to
buy
the
RTX
tokens
at
a
possible
discount
price
before
it
starts
trading
on
centralised
and
decentralised
exchanges.