Remitano is a peer-to-peer (P2P) cryptocurrency exchange platform built by an international team with expertise in banking, finance, and blockchain technology. It has grown into one of the leading global P2P platforms for trading cryptocurrencies. This guide explores Remitano's features, fees, security, and step-by-step trading instructions.
Key Takeaways
- ✅ Global P2P Platform: Supports Bitcoin, Ethereum, USDT, and other major cryptocurrencies.
- 🔒 Secure Escrow System: Funds are held in escrow during transactions.
- 💰 Low Fees: 1% fee for buyers; sellers pay no transaction fees.
- 🌍 Fiat Support: Deposit/withdraw VND via local bank transfers.
What is Remitano?
Remitano is a decentralized P2P exchange launched in 2016, enabling users to buy/sell cryptocurrencies directly with fiat currencies like VND. It operates as an intermediary to ensure secure trades via its escrow system.
Remitano Ecosystem
1. P2P Exchange
Trade supported cryptocurrencies (BTC, ETH, USDT, etc.) directly with other users.
- Supported Coins: BTC, ETH, BCH, LTC, XRP, USDT.
2. Remitano Invest
Invest in crypto price movements using USDT. Profits/losses depend on market fluctuations.
3. Remitano Swap
Instantly swap one cryptocurrency for another (e.g., BTC to USDT).
Pros and Cons of Remitano
Pros
✔ User-Friendly Interface: Easy for beginners.
✔ Strong Security: 2FA and KYC verification.
✔ Local Currency Support: VND deposits/withdrawals.
✔ Fast Transactions: Quick bank transfers.
Cons
✖ Limited Coin Selection: Only 6 cryptocurrencies.
✖ Higher BTC Prices: Slightly pricier than competitors.
✖ Slow Updates: Delayed price volatility alerts.
Remitano Fee Structure
Trading Fees
- Buyers: 1% of the trade amount.
- Sellers: No fees.
Withdrawal Fees
| Coin | Minimum Withdrawal | Fee |
|------------|--------------------|--------------|
| BTC | 0.00001 BTC | 0.0005 BTC |
| ETH | 0.0001 ETH | 0.008 ETH |
| USDT (TRC20)| 1 USDT | 1 USDT |
How to Register on Remitano
- Visit Remitano’s website.
- Sign up via email or Facebook.
- Complete KYC verification (ID + phone number).
- Enable 2FA for added security.
How to Trade on Remitano
Buying BTC/ETH
- Deposit VND: Use local bank transfer.
- Find a Seller: Browse P2P listings.
- Initiate Trade: Select a seller and confirm payment.
- Release Funds: Seller releases crypto after payment confirmation.
Selling BTC/ETH
- Create an Ad: Set your price/terms.
- Wait for Buyer: Buyer pays via bank transfer.
- Release Crypto: Confirm receipt of payment.
Is Remitano Safe?
Yes. Remitano uses escrow, 2FA, and KYC to prevent fraud. No major security breaches have been reported.
FAQ Section
1. How long do Remitano transactions take?
Bank transfers take 5–30 minutes; crypto withdrawals are instant.
2. Can I use Remitano without KYC?
No. KYC is mandatory for trading.
3. What countries does Remitano support?
Available globally, with strong adoption in Vietnam, Nigeria, and Australia.
4. How to avoid scams on P2P trades?
- Always use Remitano’s escrow.
- Verify the seller’s reputation.
- Avoid off-platform payments.
Final Verdict
Remitano is a reliable P2P exchange for beginners and experienced traders, offering low fees and robust security. While its coin selection is limited, its ease of use makes it ideal for fiat-to-crypto trades.
Ready to start trading? Sign up on Remitano today!