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Remitano Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
Remitano logo
4.07
Crypto Head Rating
Visit Remitano

The Bottom Line

Remitano stands out as a cryptocurrency exchange that prioritises a seamless and secure trading experience. With a variety of services, including an escrow service and a diverse selection of payment methods, it caters to a range of user needs.

Their commitment to providing a reliable platform is evident in their attentive customer support and dedication to maintaining a secure trading environment.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Supports peer-to-peer trading
  • Wide range of cryptocurrencies available
  • User-friendly interface
  • Escrow service for secure transactions
  • Offers a wallet for storing cryptocurrencies

Cons

  • Higher fees compared to some other exchanges
  • Limited advanced trading features
  • Customer support can be slow to respond
  • Not available in all countries
  • Requires identity verification, which may be a con for users seeking anonymity

Quick Summary

Headquarters Location International
Fiat Currencies Supported USD, AUD, GBP, CAD, EUR, NZD (some through third party apps)
Total Supported Cryptocurrencies 30+
Trading Fees 1%
Deposit Methods Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Paypal, Google Pay, Simplex
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

Welcome to our comprehensive review of Remitano, a cryptocurrency exchange that has made a significant impact on the digital currency landscape. This introduction section will lay the foundation for our detailed analysis of Remitano, exploring its core offerings and various aspects that contribute to its appeal in the crypto market.

Remitano homepage

The significance of a robust platform like Remitano in the fast-paced world of cryptocurrency trading cannot be understated. Its emergence as a key player in facilitating digital currency exchanges has been propelled by a blend of user-centric design and market-responsive features.

As we peel back the layers to better understand Remitano, it is essential to acknowledge the adaptability and foresight that have given the platform its competitive stance in the burgeoning crypto sector. The continued evolution of such platforms is indicative of the dynamic nature of the industry, where innovation and user engagement are paramount.

About Remitano

Founded as a product of the Remitano IG Group Interactive Brokers, Remitano has established itself as a prominent peer-to-peer (P2P) trading platform that allows users to buy and sell cryptocurrencies directly with one another. Its Escrowed Services ensure that both parties in a transaction are protected, creating a more trustworthy trading environment.

Remitano’s history is rooted in providing seamless crypto transactions across various countries, making it a favoured destination for many traders.

Remitano features

Remitano’s inception is a reflection of the global shift towards decentralised financial transactions. The company’s trajectory has been influenced by a series of historical milestones and market fluctuations, which have seen a surge in the popularity of P2P Bitcoin trading, particularly in regions such as African countries and other 3rd world countries where traditional banking systems are either inaccessible or less trusted.

This has positioned Remitano not only as an exchange but also akin to remittance companies, providing viable financial solutions through crypto transactions. In contrast to competitors like Paxful, Remitano has carved out its niche by focusing on creating a seamless and secure platform that addresses the unique needs of its user base across various countries.

Remitano has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Reddit, Telegram, TikTok and YouTube.

Remitano has a mobile app on both the Apple App Store and Google Play.

Remitano Supported Cryptocurrencies

Remitano supports trading on over 30 cryptocurrencies on their platform. This exchange currently supports 20 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • Shiba Inu (SHIB)
  • Chainlink (LINK)
  • TRON (TRX)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Bitcoin Cash (BCH)
  • Toncoin (TON)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Ethereum Classic (ETC)
  • Filecoin (FIL)
  • Cosmos (ATOM)
  • Immutable (IMX)
  • NEAR Protocol (NEAR)
  • UNUS SED LEO (LEO)
  • Aptos (APT)
  • Stacks (STX)
  • Optimism (OP)

View all cryptocurrencies Remitano supports

  • ADA
  • AVAX
  • AXS
  • BCH
  • BNB
  • BTC
  • DOGE
  • DOT
  • EOS
  • ETC
  • ETH
  • FAI
  • FIVE
  • FTM
  • LINK
  • LTC
  • MATIC
  • NEAR
  • ONUS
  • PM
  • RENEC
  • SHIB
  • SOL
  • TRX
  • UNI
  • USDC
  • USDT
  • XLM
  • XRP
  • XTZ

Trading Experience

Remitano boasts a user-friendly interface that simplifies the trading process for users of all levels. The platform provides advanced features including trade signals and a wide range of payment options, which enhance the overall trading experience.

Remitano’s trading platform is designed to be intuitive, with easy navigation and clear instructions that guide users through their trading journey.

Trading on the Remitano platform is akin to navigating through a digital marketplace with a personal guide at your side. Beyond the intuitive trade signals and clear instructions is a well-considered system designed to cater to a diverse range of trading preferences.

From casual traders seeking to engage in P2P Bitcoin swaps to more ambitious users venturing into the realms of Bitcoin Cash or other digital currencies, the experience is tailored to facilitate successful trades for each verification level. The availability of a fiat wallet alongside the crypto wallet allows for ease of access to funds, while the external wallet support serves those who prefer to operate across multiple storage solutions.

The integration of a preferred method of payment, whether via a simple bank transfer or a debit card transaction, is an outstanding feature that underscores the platform’s commitment to providing a flexible and inclusive trading platform.

Delving into the mechanics of trading on Remitano reveals a platform that is not only intuitive but incredibly responsive to the diverse requirements of its users. From the seasoned trader executing high-value trades in bitcoins to a newcomer making a modest purchase of Bitcoin Cash, the platform accommodates an array of trading scenarios.

The deposit and withdrawal processes are streamlined to ensure quick access to funds, and transaction fees are transparent and competitive. The trading experience is further enriched by the availability of advanced features that cater to the specific needs of different types of users, from those who prefer to trade with a fixed payment window to those who seek out the best rates through a more flexible approach.

Remitano exchange marketing

Remitano Fees

Remitano employs a competitive fee structure that is designed to facilitate affordable trading. While it does not disclose exact figures, its fees are tailored to accommodate both novices and experienced traders.

The platform usually charges a percentage of the trade as the fee, which includes costs associated with network and withdrawal operations.

The art of structuring transaction fees in a manner that aligns with the needs of both novice and seasoned traders is a delicate balance that Remitano achieves with a certain finesse. While steering clear of disclosing precise fee figures, the platform has orchestrated a fee schedule that accommodates an array of financial activities.

From the initial deposit to the final withdrawal, each transaction is subjected to a set of fees, including network fees that ensure the timely processing of transactions, and withdrawal fees that are calculated to ensure sustainability of the service. This approach maintains affordability while allowing the platform to offer a wide range of services, including the exchange of digital tokens and various types of gift cards.

Type Fee
Deposit Fee (Bank Transfer) 0%
Deposit Fee (Credit/Debit Card) 0%
Trading Fee 1%
Withdrawal Fee (Bank Transfer) 0%

Remitano supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.000015 BTC compared to the industry average of 0.000075 BTC. So Remitano has a fee that is below the industry average by 80.00%.

Security - Is Remitano Safe?

When it comes to the security of funds and personal information, Remitano prides itself on strict adherence to regulatory standards and robust security protocols. Their emphasis on user verification, including email address confirmation, adds an extra layer of safety.

Traders can engage with the exchange knowing that there is a strong framework in place to protect their assets and data.

In the realm of digital finance, the fortress of security is paramount. Remitano’s commitment to safeguarding its users’ funds and data is manifested through a multi-layered security protocol.

This includes a robust verification process that requires users to provide a passport photo, visa photo, or a national ID card, reinforcing the integrity of the platform. Enhanced measures, such as bank verification processes and stringent checks on bank account details, further fortify the trust in the platform.

The meticulousness of the Peer certification feature exemplifies the platform’s dedication to fostering a community of verified traders, thus minimising the risk of fraudulent activities and bolstering confidence among users.

The security landscape for cryptocurrency exchanges is as complex as it is critical. Remitano’s approach to user safety extends to meticulous identity verification, requiring users to submit high-quality photos of identification documents such as a passport or a visa photo.

This verification level is a crucial step in safeguarding accounts against unauthorised access and is reflective of the rigorous bank account confirmation processes found in traditional financial institutions. Additionally, the exchange’s Escrowed Services act as a sentinel during P2P trades, holding the digital currencies in question until both parties have fulfilled their parts of the transaction, thereby protecting against the risk of scams.

Remitano Customer Support

Customer support is a vital aspect of any service, and Remitano understands this. Its 24-7 customer service ensures that users can resolve any issues promptly.

With multiple channels such as email and the Remitano Help Center, assistance is always within reach, demonstrating their commitment to customer satisfaction.

Navigating the complexities of cryptocurrency trading can be challenging, and having reliable customer support is indispensable. Remitano’s approach to user assistance is comprehensive, addressing queries via email around the clock.

The platform’s Help Center is a reservoir of knowledge, offering solutions to common issues and guiding users through the verification process, transaction history reviews and more. It is this attention to detail in customer service that enhances the overall user experience, ensuring that help is readily available and that each trader can maintain a clear activity history, adding an extra layer of transparency and trust to their trades.

Customer service excellence is a cornerstone of the Remitano platform, and it is typified by their 24-7 customer support team. Prompt responses to email inquiries and a robust query resolution process through the Remitano Help Center exemplify their dedication to user satisfaction.

Traders are assured of receiving the support they need, when they need it, whether it’s for clarifying payment details, resolving issues with a withdrawal, or guiding through the verification process. It is this unwavering commitment to providing round-the-clock, reliable support that contributes to the platform’s reputation for outstanding customer service in the crypto exchange market.

Remitano support

Remitano Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on Remitano

  1. Create Account - Visit the Remitano website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you can deposit using the deposit methods listed below, including some options through third party apps.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • Simplex

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Final Thoughts

After delving into the nuances of Remitano, it becomes clear that it is a well-rounded cryptocurrency exchange with a focus on user satisfaction. Its P2P trading emphasis and selection of services cater to a broad spectrum of digital currency enthusiasts.

The realm of digital finance is at a pivotal juncture, with crypto exchanges playing an instrumental role in sculpting its future. The landscape is continually enriched by innovative services and evolving customer expectations, setting the stage for exchanges to redefine the intersection between technology and finance.

The emergence of features such as the escrow service and the incorporation of various payment methods reflects a shift towards a more inclusive and secure trading environment that could reshape the global economy.

Remitano FAQs

Remitano is known as a peer-to-peer cryptocurrency exchange that offers services for buying and selling a wide range of digital currencies. The company provides an escrow service to ensure the safety of transactions between peers.

With a focus on user verification and account security features such as 2-factor authentication, Remitano aims to provide a reliable trading platform for its users. The platform also includes a rating system for traders, adding a layer of trust to the peer crypto trading experience.

Additionally, customer service is available 24-7 to assist with any issues or queries via email. Remitano’s legitimacy is further supported by user reviews, which can be found on various forums, including Remitano on Trust Pilot.

Yes, Remitano operates in Australia and provides services for users to engage in P2P Bitcoin and other cryptocurrency trades. Australian users can utilize the platform’s features, such as the escrow service, to conduct secure transactions.

The platform supports a variety of payment methods including bank transfers and offers a digital wallet for storing cryptocurrencies. Remitano ensures that all users go through a verification process to maintain a secure trading environment.

Yes, users can withdraw from Remitano. The withdrawal process typically involves transferring funds from your Remitano wallet to an external wallet or your bank account.

Users must complete the necessary verification steps, and there may be withdrawal fees associated with the transaction. Remitano provides options for withdrawing in various currencies and to different countries, following the successful completion of trades.

Remitano is a product of Babylon Solutions Limited, which is based in Seychelles. The company facilitates P2P exchanges across a multitude of countries globally, including several African countries, India, and others, allowing for a diverse user base to participate in the cryptocurrency market.

Remitano charges a fee for its escrow services, which is applied to each successful trade on the platform. The trading fee may vary depending on the currency and the country of the trade.

Additionally, there may be deposit fees, withdrawal fees, and network fees associated with crypto deposits and withdrawals. Transaction limits and verification levels can also affect the costs.

Remitano provides a detailed schedule of fees and transaction limits on their Help Center for users to review.

The withdrawal time from Remitano can vary depending on several factors, including account verification level, the currency being withdrawn, and the country of the user’s bank account. Withdrawals to a crypto wallet are generally processed within minutes, while fiat currency withdrawals to a bank account may take longer due to banking processes and verification.

To withdraw money from Remitano to your bank account, you must first ensure that your account is fully verified. Once verified, you can initiate a withdrawal by selecting your fiat wallet, entering the withdrawal amount, and providing your bank account details.

Follow the on-screen instructions to complete the bank verification process if required. After confirming the details, the platform will process the transaction, subject to withdrawal fees and limits.

Remitano provides a crypto wallet as part of its services, enabling users to store their digital tokens securely. The wallet is designed to support P2P crypto transactions and trading on the Remitano platform.

As with any wallet service, the safety and suitability of Remitano’s wallet can depend on individual user preferences and needs, such as the types of cryptocurrencies they wish to hold, the frequency of trades, and the importance of having integrated trading and wallet services. Users are encouraged to consider their specific requirements and research wallet options, including security features and user ratings, to make an informed decision.

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

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Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

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