Remittix PayFi App Expansion Draws Attention Ahead of RTX Debut

Remittix has expanded access to its PayFi app to 1,000 existing RTX holders, allowing them to use the service before the token's planned debut in November. The move is seen as a way for the project to build a concrete business opportunity, rather than relying solely on the general altcoin rotation.

Bitcoin dominance has been high, with BTC trading around $86,000 in early October. This can make altcoin buyers cautious about timing, as the largest asset often sets the tone for the market. However, Remittix is working on a payment product with a reason to earn customers outside the market cycle.

The PayFi app is designed to deliver fiat through compatible bank accounts, using supported cryptocurrencies. The first holder phase includes EUR and USD options, and the project has reported over $50 million in cumulative Markets trading volume and over 10,000 iOS wallet downloads.

Remittix has raised over $32 million from more than 40,000 participants and has announced November 24 as the planned token debut. The company's $0.46 final presale tier is also the planned minimum exchange launch price.