What is Remitano?

Babylon Solutions Limited, which is based in the Seychelles, launched Remitano. The platform is a peer-to-peer cryptocurrency exchange that can be accessed via mobile and web applications. In more than 30 countries around the world, it provides a secure environment for investors to trade and swap cryptocurrencies and fiat currencies.

Remitano products

Transactions between individuals

P2P transactions are defined as the act of buying and selling cryptocurrency directly between users without the use of a middleman or third party. While P2P transactions give users more control over their transactions, it’s important to remember that face-to-face transactions have their own set of risks.

Investment activities

Traders can earn double returns by investing in exchange-backed cryptocurrencies. Deposits and withdrawals of the six most popular cryptocurrencies, as well as other fiat currencies, are supported on the platform.

Conversion

You can instantly exchange cryptocurrencies for other supported cryptocurrencies with Remitano.

Forum Remitano

This forum helps you to update crypto news, provide crypto knowledge, participate in the game to earn free coins every day

Mining RENEC

Remitano Network Coin (RENEC) is the official token of Remitano Network. Using the RENEC token, this blockchain is designed for instant transactions with lower fees, secure escrow, and the processing of complex smart contracts. It allows users to mine RENEC on the Remitano exchange and earn RENEC.

Transaction fee on Remitano

Both the seller and the buyer are charged a 1% transaction fee by Remitano. The cost of an activity varies.

There will be a different withdrawal fee for each virtual currency: BTH: 0.0002 BTH, ETH: 0.005 ETH, BCH: 0.0001 BCH, etc. BTC: 0.0002 BTH, ETH: 0.005 ETH, BCH: 0.0001 BCH, etc.

Advantages of Remitano

Easy for beginners

Because of its extremely user-friendly interface and simple design, Remitano is very simple to use, even for beginners.

It’s a platform that supports multiple languages. You don’t have to be a resident of a particular country to invest in the Remitano market; all you need is a bank account in that country.

This platform accepts 6 cryptocurrencies, as well as 20+ payment options and altcoins.

This platform enables you to send money internationally using cryptocurrencies while avoiding transfer and exchange fees.

Security

Many security measures have been implemented by Remitano to ensure the safety and security of users participating in transactions.

The Cryptocurrency Security Standard (CCSS), established by C4, BitGo Inc., is attached to Remitano’s bitcoin storage policy.

To complete the verification process, the platform requires your Know Your Customer (KYC) Process.

Remitano has partnered with leading security firms to ensure the platform’s security and protect it from DDoS attacks.

Convenience

Both Google Play and the Apple Store have Remitano’s mobile app.

Remitano’s customer service department is very active. Not only does Remitano offer live chat support 24 hours a day, but you can also reach out to them via email at team@remitano.com, Twitter, Facebook, and Telegram.

Remitano also supports transactions in a number of countries, including Malaysia and Vietnam. The number of countries that can use Remitano exchange is growing and expanding every day, including China, Cambodia, Nigeria, and others.

Disadvantages of Remitano

Calculate limit

Remitano currently only supports 6 cryptocurrencies for depositing and withdrawing: BTC, USDT, ETH, BCH, XRP AND LTC.

Stagnation

The updated coin price list system is not sensitive enough in case of strong fluctuations in the market.

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