How to Buy Remittix Coin (RTX) – Is it Really XRP 2.0?

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Eliman Dambell
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Eliman Dambell was a news writer and editor at Bitcoin.com, FXStreet and Investing.com. He commentates on various markets, including Crypto, Stocks and FX.

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Remittix (RTX) is a Web 3.0 startup targeting the trillion-dollar cross-border payments sector through blockchain technology. The project lets users convert cryptocurrencies into fiat and transfer the funds via bank wire, bridging the gap between digital assets and real-world money.

RTX serves as the system’s transaction currency, and the team is selling 50% of the token supply to presale investors. This guide explains how to buy Remittix Coin at presale prices in under five minutes. Read on to evaluate whether RTX is a legitimate utility token or a hype-driven scam.

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Remittix (RTX): Quick Overview

  • Remittix offers a blockchain-based payments network that enables users to transfer fiat money through a connected cryptocurrency wallet. The project claims to offer lower fees and faster settlement than existing market solutions.
  • To use the crypto-to-fiat service, users need RTX tokens to cover network fees. The whitepaper explains that the RTX requirement will create long-term demand.
  • In reality, Remittix offers nothing unique: its “core product” is available across dozens of fiat off-ramp providers, accessible through traditional online exchanges and even non-custodial wallets. Using existing providers eliminates the need to purchase RTX – an extra step in the fiat conversion process.

How to Buy Remittix Coin (RTX) – A Simple Guide for Beginners


Follow these steps to buy Remittix via the presale website.

Step 1: Get a Crypto Wallet

Get a self-custody crypto wallet that supports the Ethereum blockchain (the presale accepts ETH and USDT on the ERC-20 standard).

Best Wallet review

Our top pick is Best Wallet, a free and highly secure wallet app for iOS and Android. Best Wallet also supports over 60 other networks, so you can also invest in presales from other ecosystems.

Download the Best Wallet app, create a PIN, and complete the required security steps.

Step 2: Deposit or Buy an Accepted Payment Coin

You must have ETH or USDT to invest in the RTX presale. If you already hold one of these cryptocurrencies, deposit them into Best Wallet. Click “Ethereum” to get your unique wallet address for ERC-20 tokens.

Buy ETH on Best Wallet

Best Wallet users can also purchase ETH using convenient payment methods, including Visa, MasterCard, and PayPal. Click “Trade” and “Buy”, and complete the order form.

Step 3: Connect to the Remittix Presale

Visit the Remittix website, where the project will hold its presale event. Click the “Connect Wallet & Pay” button followed by “All Wallets”. Then type in “Best Wallet” and tap the icon when it appears.

Connect Best Wallet to Remittix website

To confirm the connection, open the Best Wallet app and approve the request.

Step 4: Buy Remittix Coin

Select “ETH” or “USDT” from the presale dashboard and type in the number of tokens to invest. In the below example, the presale participant invests 0.1 ETH to receive 3,213 RTX.

Connect Best Wallet to Remittix website

Open Best Wallet to approve the presale investment. The system adds the RTX tokens to your account dashboard. You can withdraw your Remittix tokens to Best Wallet five days after the exchange launch.

What Is Remittix?


Remittix is a new presale project that offers cross-border payments via a crypto-to-fiat gateway. Users connect a wallet to the Remittix dashboard, select a digital asset to use as payment, and enter the destination bank account details. Beneficiaries receive funds in their local currency on a same-day basis, ensuring fast settlement without foreign exchange fees.

However, users must hold RTX tokens to access the payment tool, adding an extra step to the process. The project offers 50% of the RTX supply via the ongoing presale, which has raised over $15 million so far. The team will list RTX on exchanges when the presale ends, where its value fluctuates like any other tradable token.

Remittix presale review

One of the startup’s core objectives is to make crypto-fiat transfers more accessible and user-friendly. Although the Remittix platform offers a straightforward payment experience, dozens of exchanges and wallets offer the exact same service.

For example, Best Wallet, Coinbase, and Kraken allow users to sell digital assets into local payment networks and withdraw the funds in their choice of currency and preferred payment method, including domestic bank transfers and e-wallets. This is a red flag, as Remittix offers nothing unique.

Remittix Tokenomics

Remittix created a fixed supply of 1.5 billion Remittix tokens.

Here’s the full breakdown of how the founders plan to allocate the supply:

Purpose Share Details
Presale Investors 50% The presale supply allows the project to raise operating capital
Marketing 15% To onboard platform users and help make Remittix a global success
Exchange Liquidity 12% Provided to exchanges to enable stable trading conditions
Ecosystem Reserves 10% Allocated to the project’s treasury to fund operating expenses
Team 9% To incentivize the core team
Rewards 4% Funds staking APYs of 4-8%

Remittix Roadmap

Remittix has four roadmap phases. The first phase is complete, covering both the smart contract audit and the presale launch. In the second phase, the team plans to secure strategic partnerships, release influencer marketing campaigns, and pre-list RTX on CoinMarketCap and CoinGecko.

RTX launches on Uniswap in the third phase, with potential listings on centralized exchanges too. The final presale phase will target global marketing and a full product launch of the cross-border payments system.

How Remittix Staking Works

The team has allocated 4% of the total supply to staking rewards. According to the whitepaper, RTX holders can earn up to 8% APY by staking their tokens, although specific yields vary depending on the lock-up term.

How to Ensure Safety and Avoid Scams When Buying RTX


Tier-one regulators explain that crypto investing scams are on the rise. Follow these best practices to invest in the Remittix presale safely:

Secure Your Crypto Wallet

  • You need a crypto wallet to invest in presales, and Remittix is no different. Ensure the wallet offers security features like two-factor authentication and that you’re required to approve transactions before it releases funds.
  • While Best Wallet is one of the best crypto wallets for presale investing, MetaMask, Trust Wallet, and Exodus are also reputable providers.
  • Always backup the wallet when setting it up for the first time. Most providers generate a unique 12-word passphrase that allows recovery from any device. The passphrase should never be stored online, as this makes it prone to hacks.

Beware of Scams

  • Popular presale events like Remittix attract scammers. Phishing is one method where scammers set up fake websites with similar URLs to Remittix. The objective is to trick presale participants into connecting their wallet to the phishing website, allowing the perpetrators to drain its contents. Always verify the URL before getting started.
  • Cybercriminals also imitate customer service representatives on social media. Users seeking help speak to those scammers, thinking they’re talking to a real support agent. The bad actors try to convince investors to provide their wallet’s backup passphrase so they can steal the cryptocurrencies stored.
  • Be careful when clicking suspicious links or visiting spammy websites from the device that stores the wallet. Doing so could allow hackers to remotely install a virus.

Do Your Research

  • Remittix makes bold promises like many presale events, making independent research even more important. Compare the core product to existing crypto-to-fiat solutions and assess whether Remittix offers anything unique. You should also consider that users need RTX to use the cross-border dashboard. This makes the transfer process cumbersome.
  • If you do buy RTX tokens via the presale, ensure your funds are also diversified into other cryptocurrencies to reduce the investment risk.

Security and Audits: How Safe is RTX Token?


Blocksafu has audited the RTX smart contract. The key findings are:

  • No mint function: The audit verifies that the stated supply is capped and the founders cannot issue additional tokens.
  • Potential whitelists: The team can whitelist specific wallet addresses, meaning they can restrict non-whitelisted users from selling their tokens. This is a major risk, as scammers commonly use whitelisting functions in pump-and-dump schemes.
  • No taxation: Users can buy, sell, and transfer RTX tokens without taxes.

In addition to the whitelisting vulnerability, the project’s chosen auditor, Blocksafu, is relatively unknown in blockchain security circles.

To learn more about whether Remittix is a scam or legit, check out our latest article.

Main Factors That Will Influence the RTX Price Potential


These metrics impact RTX’s price trajectory after its presale event:

  • The Remittix presale has a $18 million soft cap, which is the minimum amount the project must raise to meet its funding requirements. With over $15 million raised so far, the team should smash through the soft cap objective. The final presale amount determines RTX’s market capitalization, so raising substantial sums could restrict the upside potential.
  • Those investing in the presale’s first stage paid just $0.015 per token. While the whitepaper doesn’t mention the exchange listing price, the presale rate increases to $0.0811 in the next stage. This provides early participants with an upside of up to 440%. The key risk is that many investors may dump their tokens after the five-day vesting period ends, causing an immediate shock to the RTX price.
  • Remittix’s success is directly correlated with the actual adoption of its cross-border payment tool by those seeking remittance services. Growing adoption fuels more demand for RTX tokens, as they’re required to access the product.
  • The team will list RTX on Uniswap after the presale, yet the decentralized exchange has limited liquidity compared to centralized exchanges. This limits the project’s exposure to a small percentage of the crypto market, so securing listings with major platforms is crucial.
  • Investor sentiment also plays a big role. Bullish market conditions help drive the RTX price to new heights, while bearish sentiment could result in a substantial sell-off. The ideal outcome is that the token generation event (TGE) goes live during altcoin season.

Why We Don’t Recommend Remittix


Despite raising over $15 million, our research shows that Remittix presents several red flags that cannot be ignored.

The smart contract audit suggests that the team can whitelist selected blockchain addresses, which potentially prevents RTX holders from selling their tokens.

We’re also concerned about the hype-driven presale structure: stage-one investors have a 440% upside based on the current price. The whitepaper doesn’t state the TGE price, so the available upside could be much higher. This framework motivates early backers to dump their tokens to secure quick paper gains, causing significant harm to the RTX price. We explore this further in our Remittix price prediction article.

That said, the biggest red flag is the core product itself, as Remittix provides nothing different from what’s already available in the market. Its crypto-to-fiat service is offered by most online exchanges, including MEXC, Coinbase, Kraken, OKX, and Crypto.com. Crypto wallets also let users withdraw local currencies via built-in gateways. None of these providers require users to purchase additional tokens to cover fees, unlike Remittix.

3 Remittix Alternatives


While Remittix isn’t recommended, many other presale events offer real, unique concepts with demand-driven use cases.

Here are the best crypto presales to consider as an alternative to RTX.

Bitcoin Hyper (HYPER)

Bitcoin Hyper is a revolutionary solution for the core Bitcoin blockchain, bringing a Layer 2 ecosystem to the original crypto.

The project uses canonical bridges to bring Bitcoin into the Web 3.0 era, which, in simple terms, means BTC holders can access smart contracts and decentralized applications (dApps) without losing custody. dApps power a wide range of use cases for Bitcoin, including tokenized assets, staking, and leveraged derivatives.

The L2 network also delivers faster transactions, as settlement times drop from 10 minutes to seconds. Bitcoin Hyper fees are much lower, too, and the network scales to thousands of transactions per second. This ensures the ecosystem handles rising adoption levels without impacting efficiency.

Bitcoin Hyper

The native token, HYPER, is used for network fees and staking rewards. It also provides holders with governance rights when the decentralized autonomous organization (DAO) launches later in the roadmap. The ongoing presale has raised over $1.5 million, and the price is $0.01195 per HYPER.

Visit Bitcoin Hyper

Snorter Bot (SNORT)

Snorter Bot is a fully-fledged utility project with a proprietary trading bot for decentralized exchanges. The bot has direct access to the Solana blockchain via a private RPC network, which means it executes positions significantly faster than public exchanges, used by millions of people daily, and causes transaction delays and higher fees. The team will launch additional ecosystem compatibility in the coming months, including support for Ethereum and Base.

The presale project offers user-friendly features that appeal to beginners who want exposure to new cryptocurrencies. One feature is the copy trading initiative, which allows users to automatically copy the most successful traders in a specific sector. The bot also provides risk-management features, including real-time smart contract audits and rug pull protections.

Snorter Bot presale

SNORT holders gain exposure to the project’s growing adoption and a share of trading commissions, which the bot charges on all buy and sell orders. The presale event, which recently launched, has raised approximately $1.1 million to date. SNORT tokens cost $0.0957 right now, but prices increase every few days.

Visit Snorter Bot

BTC Bull Token (BTCBULL)

This Remittix alternative is one of the best meme coins for early-stage investors who favor rewards-driven concepts. BTC Bull Token rewards holders as the Bitcoin price reaches predefined targets. Each $25,000 milestone between $125,000 and $1 million unlocks token burns or airdrops.

The burn mechanism purchases tokens from public exchanges and burns them to reduce the BTCBULL supply. This deflationary framework creates long-term value, as the supply becomes more scarce over time.

BTC Bull Token presale

The airdrop rewards holders with real BTC, transferred directly to their wallet without minimum holding requirements. Presale participants earn additional rewards via the pre-listing staking tool. The dynamic APY adjusts based on demand, and it currently yields 56%.

The BTC Bull Token team has raised over $7.2 million, and the presale is in its final stage. Investors can secure a discounted price of $0.00257 before the TGE.

Visit BTC Bull Token

References

  1. Remittix whitepaper (Remittix)
  2. Cross-border payments (Financial Stability Board)
  3. Crypto investing scams (UK Financial Conduct Authority)
  4. How to audit a smart contract (Chainlink)

FAQs

What is Remittix?

How can I invest in the RTX token presale?

Does Remittix offer staking?

What blockchain is Remittix on?

When will I receive my RTX tokens?

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