Using Monero And Remittix Will Give Users Unseen Before Anonymity To Make Bank Transfers, XRP Holders Acquire Millions of RTX Cryptopolitan Media | usagoldmines.com
The world is already a global village, and one where anyone can get just about any kind of information they want, as long as it is logged online. This has caused the creation of certain tokens like Monero for privacy and anonymity.
Combining Monero with new DeFi project Remittix will ensure the highest form of security as far as crypto liquidation and transfers are concerned. Already, XMR and Ripple users are flocking to the new project, even if it’s for different reasons.
The XRP price is already suffering from the negative crypto policy backlash in the past few days. Here’s more on the crypto gist.
Ripple Users are Withdrawing Holdings from XRPÂ
The Donald Trump-led administration promised to have an easier, softer grip on crypto regulations, allowing the sector to grow adequately. However, for the most part, all the policies in these first few months have not yielded the results most crypto folk would expect.
An example is the hard fall that hit the XRP price after Trump’s executive order for a Strategy crypto reserve. The reserve seeks to use the top stable cryptos as a hedge against inflation, but the current focus is on Bitcoin. Subsequently, metrics like the XRP price and other chart parameters started to fall.
As there was little hope for a change in the order at the White House Crypto Summit, most XRP traders have started to transfer out their holdings. Some traders withdrew about $130 million worth of Ripple tokens from Binance, contributing to the 1.31% weekly loss.
Monero with Remittix: Anonymity and Privacy at its Best!
The XMR blockchain has a reputation for being the strictest platform when it comes to privacy. While the regular crypto network promotes decentralisation and anonymous trading, Monero takes its own policies even a notch higher.
As a result, the blockchain is a hub of sorts for criminal asset transfers, especially the active black market in the US and the Middle East. Already, the US Treasury has had to seize $1.6 million worth of crypto assets associated with the Nemesis darknet, assets that were traded across blacklisted Monero and Bitcoin addresses.
Still, all the anonymity only makes Monero a top choice for transactions. XMR coins trade at $219.56, with a 2.21% fall in the past week. Using the Monero chain together with Remittix (RTX) will only boost the level of privacy and anonymity on crypto transactions.
That’s probably where that flux to the RTX presale is coming from.
Transfer Crypto Tokens in Private with RemittixÂ
Privacy, especially with the level of globalization we’re experiencing, is going to be really difficult to navigate on the regular crypto network. There are chain monitors that flag huge token movements and asset movements associated with certain wallets.
That’s where Remittix gains the upper hand over the average crypto blockchain. Sure, traders can withdraw their crypto assets directly into fiat bank accounts, but the transaction can never be traced back to the crypto platform.
The Remittix API incorporates one-time-generated smart contracts that operate independent of the blockchain, converting crypto assets into appropriate fiat currencies before resolving the transactions in the provided fiat accounts.
By eliminating the introduction of intermediate service providers for converting and resolving transactions, Remittix removes the possibility of being traced, making it a secure, anonymous route to get crypto tokens from wallets into fiat bank accounts.
Plus, unlike Ripple, the Remittix project caters directly to traders’ needs, allowing them to liquidate their assets directly into their fiat accounts without paying more charges than the standard gas fees. While Ripple might be best for corporations like banks, Remittix is the crypto equivalent of SWIFT–fast, secure, private, and user-friendly.
Get Into the Remittix Presale Early!
Joining a new project early is the fastest way to benefitting maximally from it. Remittix is more of an investment for the long run–the anonymity and privacy are big selling points for crypto traders, along with its drastically low fees.
Even then, you could get some ROI from the presale, but only if you buy early enough. Each RTX coin goes for $0.0734 now–build your stash and hold for even greater returns!
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.
By Nermeen Nabil Khear 
