Remittix tests bank payouts as BCH sees net buying
Bitcoin Cash (BCH)
Editor:
Eugene Serbin
Techbullion reports that Remittix is testing its PayFi service, which converts supported cryptocurrency into fiat delivered via compatible bank routes. The project invited 1,000 existing holders from its community of over 40,000 presale participants to test initial EUR and USD options. This testing phase aims to determine if the crypto-to-bank flow is straightforward enough to encourage recurring use by users such as freelancers.
Remittix has announced a final presale tier of $0.46 for RTX, with a planned debut on November 24, 2026. The project has raised more than $32 million toward a $36 million hard cap. It also reports over 10,000 iOS wallet downloads and more than $50 million in cumulative trading volume on its live Markets venue.
An Earn feature approaching release will offer up to 22% APY for eligible assets. Bitcoin Cash is highlighted as an established peer-to-peer digital payment network with a focus on low-cost transfers.
How the market reacted
Whalio's own Binance spot order flow for BCH, measured when this story was written up on 6 October 2026. Not the outlet's figures.
Bitcoin Cash is currently trading at $316.80 with a 24-hour spot volume of $9,870,239. The 1-hour buy ratio stands at 64.9%, indicating strong short-term buying pressure compared to the 51.2% ratio over the last day. Volume delta shows a net inflow of $41,930 in the last hour and $237,531 over 24 hours. This positive volume delta means buyers are executing more trades than sellers, pushing the cumulative volume delta to +$312,306. Net buying activity occurred in 17 of the last 24 hours, suggesting consistent demand throughout the day.
The latest daily buy ratio of 54.1% sits at the 75th percentile of the last 322 days, against a median of 50.8% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BCH, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.0%, making today's 24-hour ratio of 51.2% slightly above the weekly norm. However, the 24-hour volume of $9,870,239 is only 0.64 times the weekly average, indicating lower participation than usual. While the price rose 2.1% over eight days, the total volume delta for that period was negative at -$1,151,869. This suggests that despite the price increase, selling pressure outweighed buying pressure over the longer timeframe. Today's activity represents a shift toward net buying compared to the weekly average, even if volume remains subdued.