Global payments are a modern-day necessity, but they are still stuck in the mid-twentieth century with high costs, delays and endless intermediaries. Crypto can easily solve this issue, with global crypto payments being the most logical and efficient approach. However, nobody has successfully done this. Crypto is not legal tender and, apart from a few outliers, cannot be used for free trade. Until now. Remittix is a new token that will enable cross border crypto payments directly into a fiat bank account, currently in its ICO phase.
The crypto ICO: Where great tokens are birthed
Ever woken up one morning and seen a token you’d never heard of having made 100x returns overnight and wondered where it came from, but now it’s too late to buy in? The answer is the Initial Coin Offering, or ICO. This is where developers make their tokens available to investors at a fixed price but not on the open market. This method is as old as trading itself and a carryover from stock markets. Cardano started in an ICO and was available at $0.0024, Tron’s ICO started at $0.0019.
Don’t think that just because a coin has a low price, it’s a worthless token. Even BNB started life in an ICO at $0.15. The growth of these tokens is a testament to just how lucrative finding a token in ICO can be. Considering that the Remittix ICO has gained over $2 million in its first three weeks, this is a token that can go big!
Remittix: The ease of global crypto payments
It’s easy to get lost in Dollars and Euros and Pounds Sterling, the top currencies of the world, but there are more out there. Making a payment in a foreign currency is something that can politely be described as a pain, and, in some cases, it can be impossible. Imagine somebody in Argentina wanting to buy a collector’s item FIFA 2022 World Cup memorabilia from a supplier in Qatar.
This transaction would be slow, cumbersome, and expensive if done the traditional way. With Remittix, the Argentine could pay into the Qatari bank account in Qatari Riyal in a near-instant transaction at a fraction of the cost. The crypto payment mechanism behind Remittix bypasses the traditional banking system for a quick and seamless payment system in any of over 100 fiat currencies across the globe.
Taking crypto payments further
Extrapolate the above example, expanding to global corporate and industrial markets. Remittix’s crypto payment system can and will revolutionize how international payments are made. XRP has been threatening to put this into action for years but failed to come up with the goods. Fortunately, Remittix is now here to pick up the slack, and it is throwing open the doors to unfettered international trade.
The possibilities behind Remittix are enormous, and everyone from football memorabilia collectors to massive international conglomerates can benefit from the Remittix payment system, not to mention the Remittix ICO. Now is the time to invest in Remittix, and its ICO is still in its infancy. This is the lowest price Remittix is ever likely to be, and the price can only skyrocket from here.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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