Remittix's PayFi Service Opens to 1,000 Users Ahead of November Debut

Remittix's PayFi service has opened to its first 1,000 users ahead of its scheduled November 24 debut. The platform allows people to send cryptocurrencies while recipients receive fiat currency in their bank accounts.

Bitcoin and Ethereum have shown that large networks can attract significant capital over time. However, Remittix is still in the early stages of growth, with a payment product that could introduce its token to new audiences.

The platform has raised over $32 million from more than 40,000 participants toward a $36 million hard cap. Its final presale tier is currently priced at $0.46, and it's scheduled to debut publicly on November 24.