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Cryptocurrencies, News

Remittix Coin Has Successfully Raised $28 Million, Marking A Milestone In Crypto!

By Ethan Clarke

Cryptocurrency is a high-risk asset, and investing can result in loss. This content is for information only, not financial advice.
Remittix Coin Has Successfully Raised $28 Million

Key Points

  • Remittix has officially confirmed that they have successfully raised $28 million through private sales.
  • They reportedly sold over 681 million tokens at a price of $0.1166 per token.
  • Remittix has recently passed a full CertiK audit and is currently ranked #1 on the CertiK Pre-Launch leaderboard.
  • The beta version of the Remittix wallet is live now. Users can seamlessly test its cross-border payment features.  

Remittix has officially confirmed that they have raised $28 million through their ongoing private sales. They shared this news through their official X account. Remittix has officially announced a major fundraising achievement, successfully raising $28 million. Despite a slowdown in pace, the project emphasized that its momentum remains strong and its journey is far from over. In a statement posted on X, Remittix expressed gratitude for every contribution, noting that each one brings them closer to realizing their vision.

Experts believed that cross-border payments have finally got a blockchain upgrade through Remittix. The news that Remittix is crossing the significant $28 million from its fundraising campaign shows the strong investor confidence and demand for its payment-focused crypto utility. Remittix is closing in on its launch date after securing exchange listings.

According to their official website, two offers are live now: interested users will get a 50% Purchase Bonus and 15% Referral Rewards paid in USDT. 

The latest trend in the crypto sphere is that people have started to move away from meme coins and focus on utility-driven projects like Remittix (RTX). These kinds of adoptions reflect users’ prioritizing real-world adoption and institutional credibility, rather than internet hype and short-term gains. Remittix allows users to pay fiat into any bank account around the world using crypto by simply connecting the crypto wallet. The ultimate aim of Remittix is to bridge the gap between crypto payment and local payment networks across the globe.                

Remittix Raised $28 Million Through Presale; Redefining The Cross-Border Payments Arena

Remittix has officially confirmed that the project raised $28 million through their presales on November 5th. With strong investor confidence and private funding, Remittix has already emerged as one of the leading cross-border payments service providers in the sector.

According to the official information, Remittix raised this hefty $28 million by selling over 681 million tokens to more than 30,000 active investors. They sold the tokens at a price of $0.1166 per token and managed to raise this kind of amount within a short period of time, indicating the strong support they are getting from large-scale investors and private funders.

Being positioned as a payments-first crypto project, Remittix now has to compete with top service providers like XRP and Stellar by offering fast, low-cost crypto-to-fiat remittance solutions compatible with more than 40 cryptocurrencies and 30+ fiat currencies across 30+ countries.

They have launched the beta version of their Web3 mobile wallet that facilitates instant global transactions by leveraging real-time foreign exchange conversions. All the beta users can now test its cross-border payment features. The success of the presale campaign shows the investors’ confidence in Remittix and their innovative approach to redefine the crypto sector by bridging crypto and traditional finance, by tackling all the inadequacies of other cross-border payment service providers. 

Is Remittix Legit? Remittix’s $28 Million Presale Sparks Debate Over Legitimacy

Remittix’s legitimacy has been one of the major topics of discussion in the crypto sphere from day one. Remittix, despite the successful $28 million presale campaign, is under constant scrutiny, questioning its legitimacy. The major allegations that are concerned with the legitimacy of the project are the anonymity of the project’s development team, user reviews regarding the payment glitches, and delayed token distributions, etc., and the users who believe Remittix is a legit scheme come up with points like the project’s clear contract address, association with Ethereum, valid security audits the teams claim to have, well documented structure of presale campaign.          

Some Reddit users posted that they had looked into the crypto project Remittix (RTX) and found major red flags.

WARNING: Remittix (RTX) Might Be a SCAM! 🚨
byu/Crafty_End_2205 inCryptoScams

They mentioned that when they asked a fair but critical question, the project’s response was extremely suspicious. Instead of providing transparency, they claimed the project gave vague answers and completely dodged their concerns. 

They outlined why Remittix could be a scam: there was no transparency, as there was no clear team, no audit, and no verifiable partnerships; the answers were evasive, as legitimate projects provide evidence while scammers avoid specifics; the website and marketing resembled past scams, showing similar patterns seen in previous frauds; unrealistic hype and presale claims, such as “$12M raised,” sounded like artificial demand; and there was community skepticism. Some others believe that the allegations are just manipulated, and they claim that the presale success disturbed some of the major players in the sector. 

Disclaimer: Investors and potential participants should exercise extreme caution before engaging with the Remittix (RTX) DeFi project, and this website does not endorse, support, or promote Remittix or its associated projects. 

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