Remittix (RTX) PayFi Guide: Crypto-to-Fiat Remittances Explained

Remittix (RTX) is a PayFi (payments + finance) protocol that aims to make cross-border transfers feel as simple as sending a message. The project combines blockchain rails with traditional banking so you can send crypto from your wallet and the recipient sees local currency in their bank account, often within minutes and with fees under 1%.

This guide walks through how Remittix works, what RTX is used for, how the presale is structured, and where the risks sit, so you can judge the project on more than hype.

Why Remittix (RTX) Exists

The problem with traditional remittances

Sending money across borders still hurts:

• Fees often sit in the 6–8% range for many corridors.

• Transfers can take 3–5 business days.

• Intermediary banks nibble at the amount through FX spreads and additional charges.

For migrant workers, freelancers, and small businesses, that isn’t just an annoyance. It means less money in the hands of families and tighter margins for companies that already operate on thin spreads.

How PayFi changes the picture

PayFi sits between DeFi and banking. You interact with crypto, but the other side gets fiat in their bank account:

• You send BTC, ETH, USDT or another supported coin.

• The protocol converts it using live FX rates.

• Money lands in local currency through existing rails like SEPA, ACH, and local payout partners.

Remittix positions itself as a PayFi network targeting high-friction remittance corridors in Asia, Africa, and Latin America, while competing indirectly with XRP and Stellar as a payment-focused asset.

What Is Remittix (RTX)?

Short definition

Remittix is a cross-border payment protocol that lets users pay fiat into any supported bank account by sending crypto from a non-custodial wallet. The team brands this approach as PayFi and focuses heavily on real-world remittance users rather than only traders.

The native asset, RTX, powers fees, staking, liquidity, and governance.

Core mission

The stated mission is straightforward:

• Bridge digital assets and traditional banking.

• Reduce costs for remittances and small cross-border payments.

• Provide an option for unbanked and underbanked users, freelancers, and SMEs who can’t easily access low-fee global transfers.

Instead of forcing people to move through centralized exchanges and multiple intermediaries, Remittix wants the path to look like this:

Wallet → Remittix PayFi protocol → Local payment rails → Recipient bank/card

Key facts at a glance

• Project type: PayFi, cross-border crypto-to-fiat network

• Launch / inception: Concept and company in 2024; presale started 19 December 2024

• Token: RTX (ERC-20 with Solana bridge)

• Max supply: 1.5 billion RTX (fixed cap, no inflation; based on project docs you supplied)

• Presale: Ongoing through multiple phases, with more than $26.5–28M raised and over 669–680M tokens sold, depending on the report date

• Security: CertiK audit completed; Skynet Score around 80+ with an “A” grade and KYC Bronze for four core members

How Remittix Works

This part matters if you’re trying to evaluate whether RTX has more substance than marketing.

Hybrid infrastructure: Ethereum + Solana + L2

Remittix uses a mixed architecture:

• Ethereum-compatible smart contracts power the main protocol and token.

• Solana integration helps handle high-volume, low-fee payment flows.

• Layer-2 rollups (on the Ethereum side) support higher throughput and cheaper gas for users, especially for smaller remittances, as described in the research you provided.

This hybrid design lets the project balance security, decentralization, and performance instead of relying on a single chain.

The PayFi protocol

At the core sits a set of smart contracts that:

• Orchestrate atomic swaps between crypto assets.

• Route liquidity through pools to reduce slippage.

• Apply zk-proofs for privacy while still enabling audits and compliance checks when needed (as per project documentation).

Funds pass through the protocol and into integrated fiat rails. Oracles feed price and FX data to keep conversions aligned with current markets.

Crypto-to-fiat bridge

The protocol supports more than 40 digital assets and 30+ fiat currencies, according to public partner coverage.

A typical flow looks like this:

1. Sender chooses a coin, e.g., USDT on Ethereum.

2. The app shows estimated local currency amount, including fees.

3. Smart contracts lock the crypto and swap it to the appropriate settlement asset.

4. A fiat partner uses SEPA, ACH, or local rails to deliver money into the recipient’s account.

Fees in the PayFi model are reported in the 0.1%–0.5% range for many routes, far below the typical 6–8% charged by legacy remittance providers.

Throughput and latency

Because the protocol leans on rollups and Solana’s throughput, it targets thousands of transactions per second, with transfers completing in seconds to a few minutes for most corridors.

That speed matters less for a one-off remittance and far more for recurring flows:

• Payroll for global teams

• High-frequency supplier payments

• On-chain merchants accepting payments from multiple regions

User tools and experience

Remittix doesn’t limit itself to a single app:

• Mobile wallet & web app – non-custodial wallet where you hold keys, initiate transfers, and track history. The beta went live in mid-September 2025 and has processed live user tests in multiple countries.

• Merchant APIs – integration points for e-commerce stores and SaaS platforms that want crypto payments settled in fiat.

• AI-driven risk checks – models scan for suspicious behavior patterns, large anomalous transactions, and known fraud indicators (described in project materials and partner blogs).

This combination allows Remittix to target retail users, merchants, and fintech partners at the same time.

The RTX Token: Utility and Economics

What RTX is used for

RTX functions as the fuel of the ecosystem:

• Transaction fees: Discounts or routing priority for payments settled with RTX.

• Staking: Validators and liquidity providers can stake RTX to secure infrastructure and earn rewards.

• Liquidity provision: Pools pairing RTX with stablecoins or majors earn a share of protocol fees.

• Governance: Token holders can vote on fee schedules, new corridors, and feature priorities.

This format is fairly typical in DeFi, but here it’s tied directly to remittance volume rather than pure trading.

Supply and allocation

According to the tokenomics you shared, RTX has a fixed cap of 1.5 billion tokens. No inflation is planned.

A simplified breakdown:

At TGE, roughly 20% of the total supply is expected to circulate, with the rest unlocking under these schedules to try to reduce early sell pressure.

Deflationary design

The tokenomics introduce several sinks:

• 1–2% of protocol fees burned each quarter, reducing total supply over time.

• Potential buybacks funded from protocol revenue, then burned or locked in treasury.

If payment volume scales, these sinks can tighten supply, assuming demand for crossing RTX remains strong. That’s a big “if”, and investors should treat it as a scenario rather than a guarantee.

Price and valuation snapshots

Public articles and press releases show a price climb from early presale levels around $0.015 to roughly $0.1166 in later stages, backed by more than $27–28M in commitments.

Some marketing pieces pitch 100x+ upside and price targets above $5 by 2030 if adoption meets aggressive targets. Those scenarios rely on:

• Large remittance volumes flowing through Remittix

• Sustained fee volume and burns

• Successful exchange listings and deep liquidity

Treat those projections as promotional; they’re not neutral forecasts.

Presale and Funding Structure

Multi-stage presale

The project chose a direct presale model instead of a classic IDO:

• Users buy RTX directly on the official Remittix site with ETH, USDT or bank card through Ramp Network.

• No KYC is required for smaller contributions under roughly $1,000, depending on jurisdiction.

This format lowers friction. It also means buyers need to be extra careful to access only official links, as presales attract phishing campaigns.

Fundraising progress

Different sources highlight how the raise evolved:

• February 2025: around $11–12M raised.

• July–September 2025: totals pass $26.5M with more than 669M tokens sold.

• Later updates and your data point toward $28M+ and 40,000+ investors.

That scale places RTX among the larger 2025 pre-launch token sales.

Bonuses and referrals

To incentivize early buyers, Remittix uses stacked incentives:

• Stage-based price increases and bonuses reportedly up to 50% for very early allocations.

• Referral rewards around 20%, credited to the inviter.

These structures drive growth but can also create sell pressure as bonus recipients take profits later. Any lockup terms matter a lot here.

Distribution after TGE

Tokens will be delivered automatically to participant wallets a few days after TGE, according to official communication. The team stresses that users won’t need to claim tokens through manual interaction, precisely to reduce scam risk where fake “claim” sites drain wallets.

Team, Governance, and Partnerships

Team profile and KYC

The core contributors keep a low public profile:

• Founders use pseudonyms and haven’t published traditional LinkedIn profiles.

• Background claims reference experience at major fintech and crypto firms, including PayPal, Ripple, and Ethereum contributions, though third-party verification is limited.

• Four core members went through CertiK KYC, earning a Bronze badge after interviews and OSINT checks.

Anonymity is common in crypto, but it remains one of the biggest sources of concern flagged by critics.

Advisors and contributors

Advisors with experience in DeFi infrastructures (Aave, Chainlink and others) are mentioned in marketing materials. At a high level, their job is to:

• Guide risk management and smart contract design.

• Help structure liquidity programs.

• Open doors with exchanges and institutional partners.

The team size sits above 20 people, working remotely with ties to Singapore as an operational base.

Partnerships and integrations

Several integrations help Remittix behave like a payment network rather than a stand-alone coin:

• Chainlink oracles for FX pricing and asset feeds.

• Ramp Network for card payments and on-ramps.

• Solana support to process high-volume transactions with low fees.

• Confirmed CEX listings on at least two large exchanges, with more reportedly queued, as per recent coverage.

Press releases also note that Remittix has appeared as #1 pre-launch token on CertiK Skynet’s leaderboard, which gives additional visibility and some social proof for security-focused investors.

Community and marketing

Community numbers reflect heavy outreach:

• Around 20,000+ followers on X with high activity according to CertiK Skynet metrics.

• Active Telegram and Discord communities.

• Giveaways valued at hundreds of thousands of dollars, influencer coverage, and frequent mentions in “top ICO” lists.

That level of promotion helps drive a presale. It also attracts criticism for being hype-heavy, which we’ll cover shortly.

Security, Audits, and Compliance

CertiK audit and Skynet score

Remittix completed a security audit with CertiK in July 2025. The Remittix.sol contract went through manual review, static analysis, and formal verification.

Key points:

• Six findings, all classified as informational or low-severity, reported as resolved or partially addressed.

• Skynet Score around 80+ / A rating, with strong scores in code and operational metrics, but lower marks for “maturity” due to the project’s young age.

An A-rated audit doesn’t remove all risk, but it does show the smart contracts have been through a serious third-party review.

KYC and monitoring

CertiK’s KYC Bronze badge confirms that:

• Four core team members went through identity checks.

• Interviews and OSINT reviews took place.

• Ongoing re-evaluation is scheduled.

On top of that, Skynet monitoring supplies on-chain alerts, score updates, and community feedback scores, giving investors another layer of insight into changes over time.

User risk

For users, risk doesn’t end with code quality:

• You still hold private keys in a non-custodial wallet. Losing seed words means losing funds.

• Crypto-to-fiat flows depend on banking partners and regulations; corridors can change or close.

• Smart contracts can behave differently at scale than in test phases, especially with complex liquidity logic.

Remittix has had no public smart contract exploits reported as of late 2025 in the sources surveyed.

Risks, Criticisms, and Red Flags

An honest assessment needs both the upside and the downside.

Anonymous or semi-anonymous founders

Skeptics point to the lack of public, fully doxxed founders and traditional corporate disclosures:

• Some Reddit threads label RTX as a potential scam, highlighting private WHOIS records and the then-missing KYC before Bronze was awarded.

• Privacy-shielded domains are common in crypto, but combined with heavy marketing they raise suspicion.

KYC Bronze and the CertiK spotlight reduce that concern but don’t eliminate it. Investors still need to decide how much they trust anonymous leadership.

Heavy marketing and hype

Media pieces and sponsored content refer to RTX as “XRP 2.0” or a potential “next 100x”.

That framing creates expectations that may be hard to meet. Any presale that promises life-changing multiples deserves extra scrutiny:

• Check whether partners are truly confirmed or simply “in talks”.

• Follow through on roadmap milestones rather than headlines.

• Watch for aggressive influencer campaigns without balanced risk discussion.

Regulatory and banking risk

Remittix touches:

• Crypto assets

• Fiat on-ramps and off-ramps

• Cross-border flows that regulators watch closely

Frameworks like MiCA in the EUand similar rules in other regions can change how easy it is to maintain fiat corridors and stablecoin integrations. Projects in this zone need strong compliance planning and flexible partner networks.

If a key partner loses banking access, some routes may pause or become more expensive.

Execution risk

CertiK’s maturity metric is still low, reflecting a young project without a long track record.

To justify presale valuations, Remittix must:

• Deliver and scale its PayFi app.

• Hit user targets (1M+ users, growing TVL).

• Keep security clean as volume increases.

Missing those targets doesn’t automatically mean failure, but it would likely pressure price and sentiment.

Real-World Use Cases and Examples

Migrant workers sending money home

Imagine a nurse working in Germany sending money to family in the Philippines:

1. She buys USDT on an exchange or already holds crypto.

2. She connects a wallet to the Remittix app.

3. She enters her mother’s bank details and the amount in PHP.

4. The app quotes how much USDT she’ll spend, including a fee under 1%.

5. Her mother receives pesos in a local bank account in under an hour, instead of waiting several days and losing 7% in fees.

If Remittix delivers reliably on this kind of flow across many corridors, the appeal becomes obvious.

Freelancers and remote workers

A developer in Nigeria working for a client in the UK can:

• Invoice in USDC or ETH.

• Ask the client to pay to a wallet address.

• Swap and withdraw through Remittix into NGN at local rates, bypassing poor FX deals and long SWIFT chains.

In practice, the experience lives or dies on spread, fees, and uptime, but the concept fits clear demand.

Merchants and online platforms

E-commerce shops that sell globally face card chargebacks, payment holds, and opaque FX fees. With the Remittix API:

• Customers can pay in crypto.

• The merchant chooses to settle in USDC, EUR, or local fiat.

• Settlement time and chargeback risk may improve.

This kind of integration takes work, yet it can create sticky volume once embedded in platforms.

How to Get Involved (Safely)

Nothing here is financial advice. That said, if you’re researching RTX, here’s a structured way to think about next steps.

10.1 For potential users

If your main interest is cheaper remittances or payouts:

1. Check whether your corridor is supported on the official site (countries, currencies, banks).

2. Start with small amounts to test speed and reliability.

3. Keep backups of your wallet seed phrase offline and secure.

4. Bookmark the real site (remittix.io) and social channels to avoid fake airdrop or claim pages.

For potential investors

If you’re evaluating RTX as an investment:

• Read the audit and Skynet page directly, not just marketing snippets.

• Compare presale FDV with other payment tokens and similar projects.

• Map your own risk tolerance: treat ICO allocations as high-risk, high-variance bets.

• Size positions accordingly and avoid over-concentration.

Crypto markets move fast. No audit, partnership, or buzz guarantees upside.

12. Final Thoughts

Remittix (RTX) sits at the intersection of crypto and international payments, aiming to turn crypto wallets into global remittance tools with near-instant settlement and much lower fees than traditional services.

On the positive side, there’s a clear problem, a plausible technical approach, a completed CertiK audit, and a presale that has attracted real capital. On the negative side, anonymity, strong marketing language, and regulatory uncertainty all raise valid questions.

If you’re considering using Remittix for payments, start small, test corridors, and measure your experience. If you’re considering RTX as an investment, treat it as a high-risk bet on PayFi adoption and do deeper research across audits, token flows, and competing solutions.

As with any crypto project, cautious curiosity beats blind enthusiasm.