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Remitano Review

Last Updated on March 20, 2024

James Headshot
Written by
Adam Headshot
Edited by
Remitano logo
3.98
Crypto Head Rating
Visit Remitano

The Bottom Line

Remitano stands out as a cryptocurrency exchange that prioritizes an effortless and secure trading experience, with various services like an escrow service and various payment methods designed to meet user needs.

Customer support at BST Markets and commitment to maintaining a secure trading environment are hallmarks of their dedication.

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 28+
Trading Fees 0.25% - 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 Remitano, a cryptocurrency exchange with significant impact in the digital currency space. In this introduction section, we’ll lay the groundwork for our in-depth examination of Remitano by looking at its core offerings and features that make up its allure for users in the crypto market.

Remitano homepage

Remitano stands out as a reliable platform in the fast-paced world of cryptocurrency trading, boasting user-centric design and market responsive features to facilitate digital currency exchanges.

As we seek to gain more insight into Remitano, it is crucial to recognize its adaptability and foresight that have propelled its competitive stance within the cryptocurrency sector. Such platforms demonstrate the ever-evolving nature of this industry where user engagement plays such an integral part.

About Remitano

Remitano was launched by Remitano IG Group Interactive Brokers to provide users with access to direct P2P trading platforms that allow them to buy and sell cryptocurrencies directly with one another. Their Escrowed Services protect both parties involved, creating an increasingly reliable trading environment.

Remitano’s success lies in its history of offering seamless crypto transactions across various countries, making it a top destination among traders.

Remitano features

Remitano’s launch embodies the global shift toward decentralised financial transactions. Over its history and market fluctuations, Remitano has witnessed an upsurge in popularity for P2P Bitcoin trading – especially within regions such as Africa or 3rd world nations with traditional banking systems that may not be accessible or trustworthy.

Remitano stands out as both an exchange and remittance company, providing viable financial solutions through cryptocurrency transactions. While competitors such as Paxful may offer similar services, Remitano stands out by creating an easy and secure platform which caters specifically to 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 28 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)
  • USDC (USDC)
  • XRP (XRP)
  • Dogecoin (DOGE)
  • Toncoin (TON)
  • Cardano (ADA)
  • Shiba Inu (SHIB)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Polkadot (DOT)
  • Chainlink (LINK)
  • Bitcoin Cash (BCH)
  • Uniswap (UNI)
  • Polygon (MATIC)
  • Litecoin (LTC)
  • NEAR Protocol (NEAR)
  • Dai (DAI)
  • UNUS SED LEO (LEO)
  • Pepe (PEPE)
  • Internet Computer (ICP)
  • Kaspa (KAS)
  • Ethereum Classic (ETC)
  • Aptos (APT)
  • Monero (XMR)
  • Render (RNDR)
  • Hedera (HBAR)

Download full list of cryptocurrencies Remitano supports

Trading Experience

Remitano boasts a user-friendly interface designed to make trading simpler for all. With advanced features like trade signals and payment options that enhance trading experiences, Remitano makes investing enjoyable.

Remitano’s trading platform is designed for ease of use, with straightforward navigation and clear instructions to guide users along their trading journey.

Trading on Remitano’s platform is like exploring an online market with your very own personal guide at your side. Beyond intuitive trade signals and clear instructions lies a system designed to meet a wide variety of trading preferences.

From casual traders looking for P2P Bitcoin swaps to more advanced users looking into Bitcoin Cash or other digital assets, the experience is tailored to ensure successful trades at each verification level. An external wallet support option makes storing multiple storage solutions much simpler.

Integrating multiple methods of payment – bank transfers or debit card transactions – into their platform is a testament to their dedication in providing an accessible trading environment.

Remitano provides an intuitive trading platform that is responsive to its users. From experienced traders executing high-value trades with bitcoin to newcomers making modest purchases of Bitcoin Cash, Remitano can accommodate an array of trading scenarios.

Deposit and withdrawal processes are designed for fast access to funds, while transaction fees remain transparent and competitive. Furthermore, advanced features meet the specific needs of users ranging from those preferring fixed payment windows to those seeking competitive rates through more flexible trading approaches.

Remitano exchange marketing

Remitano Fees

Remitano offers an affordable trading fee structure, tailored to accommodate novice and seasoned traders alike. Although we do not disclose exact figures, Remitano guarantees its fees can accommodate novice as well as experienced traders.

Platforms typically charge a percentage of each trade as fees, which include costs related to network connectivity and withdrawal operations.

Remitano achieves the delicate balance of structuring transaction fees to meet both novice and seasoned traders’ needs with incredible finesse, while remaining non-disclosive about specific fees figures. Instead, their fee schedule supports various financial activities.

From deposits to withdrawals, each transaction incurs various fees that ensure timely processing and sustainability of services provided. This ensures affordability while enabling the platform to provide services such as exchange of digital tokens and gift cards.

Type Fee
Deposit Fee (Bank Transfer) 0%
Deposit Fee (Credit/Debit Card) 0%
Trading Fee 0.25% - 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 0.0006 BTC. The average across all other exchanges that we've reviewed is 0.000415 BTC. This means Remitano charges above the industry average by 44.43%. This is worth noting because it likely means they are also charging higher fees and spreads across all cryptocurrencies on their platform.

Security - Is Remitano Safe?

Remitano takes great pride in adhering to regulatory standards and employing robust security protocols when it comes to safeguarding funds and personal information, such as incorporating user verification (including email address verification ). Their reliance on user verification adds another level of safety for funds and personal data stored with them.

Traders can take confidence in engaging with an exchange knowing there is an effective framework in place to safeguard their assets and data.

Remitano takes security very seriously when it comes to digital finance and has created a multi-layered security protocol to safeguard its user funds and data.

It includes a robust verification process requiring users to present either their passport photo, visa photo, or national ID card for authentication on the platform. Furthermore, bank verification processes and stringent bank account checks further strengthen trust between users and the platform.

Peer Certification feature of our platform shows its dedication to building a community of verified traders, thus decreasing fraud risk and building user trust.

Remitano takes user safety very seriously, which includes using rigorous identity verification processes such as asking users for high-resolution photos of identification documents such as passport or visa photos in order to complete user account activation.

Verification levels play a pivotal role in protecting accounts from unauthorised access, mirroring the rigorous bank account verification processes found at traditional financial institutions. Furthermore, Escrowed Services act as a safety net during P2P trades by holding digital currencies until both parties complete their part of the transaction and thus eliminating scam risks.

Remitano Customer Support

Remitano recognizes the importance of customer support for any service and its 24-hour customer support ensures users can resolve issues as soon as they arise.

Remitano offers assistance through multiple channels, such as email and their Help Center, to ensure customer satisfaction is never out of reach.

Navigating the intricate world of cryptocurrency trading can be complex, so having reliable customer support is crucial. Remitano provides 24-hour user assistance through email queries.

Help Center of our platform serves as a knowledge repository, offering solutions to frequently encountered issues while also guiding users through verification procedures, transaction reviews and more. With such dedicated customer service provided to every trader on board, aid is readily available while each one can maintain an activity history for greater transparency and trustworthiness of trades conducted on our platform.

Remitano prides itself on offering superior customer service excellence, which can be seen through their 24-7 support team and its prompt responses to email inquiries and comprehensive query resolution process through the Remitano Help Center. Providing user satisfaction remains their top priority!

Traders can depend on receiving support when needed – be it clarification of payment details, withdrawal issues or guidance through verification processes. It is this unwavering dedication to offering round-the-clock reliable support that contributes to the platform’s outstanding reputation for exceptional customer service within the cryptocurrency exchange market.

— For further inquiries or for help regarding any specific projects please reach out.

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

Remitano Alternatives

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Fiat Currencies Supported
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Fiat Currencies Supported
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Final Thoughts

Remitano stands out as an all-inclusive cryptocurrency exchange with an emphasis on user satisfaction, offering P2P trading options as well as various services to meet the needs of digital currency enthusiasts across multiple industries.

At an exciting juncture in digital finance, cryptocurrency exchanges play an instrumental role in shaping its future. Innovative services and changing customer expectations set the scene for exchanges to redefine the intersection between technology and finance.

Emergence of features such as an escrow service and the incorporation of various payment methods demonstrates a trend towards creating an inclusive and secure trading environment which could reshape global economies.

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.

Check James out on:
Adam Headshot
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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