Ad Code

Remitano Review | How to Trade Bitcoin on Remitano (Step-By-Step Tutorial) 2021

Remitano Buy Bitcoin - How to Trade bitcoin in Nigeria | Remitano Nigeria Tutorial


How to buy and sell bitcoin on Remitano Registration Remitano review

Remitano is the biggest peer-to-peer Cryptocurrency exchange in Nigeria, with strong presence in other countries such as; Ghana, Isreal, Qatar, Nepal, and so on.

The platform allows users to connect with other cryptocurrency buyers and sellers in order to transact in a secure environment.


I show You how To Make Huge Profits In A Short Time With Cryptos!


Why You Should Trade On Remitano:

Key attributes of the Remitano platform, which can be described as an all-in-one crypto exchange platform, include:

  • Facilitates the instantaneous purchase of altcoins
  • Supports the deposit of funds in both crypto and fiat currencies.
  • Crypto-exchanges are made via an intermediary escrow platform, providing additional security.
  • 24-7 customer support.
  • User-friendly.

 

ALSO LEARN ABOUT: Shiba Inu Coin


Remitano Registration:

  • Go to Remitano.com
  • Click the Login/Register button on the homepage
remitano review how to buy and sell bitcoin on remitano


  • There are 3 options (Sign in with Google account, Sign in with Facebook, and Sign in with Email),..... I prefer the Email option.
  • Type in your email in the box below the Login/Register button
remitano review remitano tutorial

A confirmation link will be sent to your email.

[Note]: Whether you’re Signing up or Logging in on Remitano, the process is the same (i.e., after typing in your email address in the required box, just go to your email and Click the confirmation email sent to you - and you’ll be automatically logged in, or Signed up).

Remitano does not require Password whatsoever.




How to Trade Bitcoin on Remitano Nigeria:

Step 1: First, make sure  you Create an account on Remitano

Step 2: Go to the Menu above, and Click on ‘P2P Exchange’

How to buy bitcoin on Remitano

Step 3: Click on the GreenBuy now’ button (image above)

Step 4: Input the amount you wish to use to buy the Bitcoin (in the amount box).

While you're typing, you’ll see a list of Available Sellers; who are willing to sell the bitcoin amount you typed-in. 

The seller list changes depending on the amount of bitcoin you type-in.

How to buy Bitcoin on Remitano
Choose a Seller that uses the same Bank as you


[NOTE]: It is very important to choose the right seller (in order to avoid potential scams or unserious sellers).

The higher up the seller appears on the list, the safer it is to trade with them – because they generally have great feedback scores.

The list will contain Sellers who bank with different banks. 

It’s best to choose a seller who uses the same bank as you.

Click on the Username of the seller you’re looking to trade with, and Check their credibility metrics properly.

Check the volume of bitcoin they’ve traded, their number of successful trades, when they joined the platform (Remitano), whether or not they’re verified, and most importantly, Check their ‘Feedback Score’.

A seller with a Feedback score between 90% to 100% is more advisable to trade with, than those with lower feedback scores.



Step 6: After Clicking on the Seller you want to Trade with, Click 'Yes' on the Confirmation pop-up - as shown below.

How to buy and sell bitcoin on Remitano


Step 7: Select Your Bank from the drop-down selection:

Remitano Tutorial


Step 8: You'll be presented with the Seller's Bank details, and you have only 15 minutes to Transfer the amount of money you want to Buy the bitcoin for, to his/her Bank account.

So,

Hurry up and do the Transfer with your Bank Mobile App or USSD Code.

Note: It's just a normal Bank Transfer (like you normally do).

But,

[IMPORTANT]: In the 'Remarks' box of the Transaction, make sure you input the Transaction ID given to you by Remitano, into the 'Remarks' field of your Mobile App - as shown below...

The Transaction ID can be found under 'Payment Content' (circled red in the image below).

The Transaction ID is a long-string of numbers, followed by your Full Name (make sure you type everything the way you see it under Payment Content - into the Remarks field in your Bank App).


Remitano Tutorial 2021



Step 9: Next, Confirm that you've made the payment - by Clicking 'Yes' on the pop-up dialogue box, as shown below...


Remitano Signup - Remitano.com


Step 10: Finally, Upload a Proof of payment, or Payment receipt from your Bank's mobile app (download the payment proof receipt from your Bank App) - or Upload the Text message Alert Screenshot (the former is more acceptable though).


Remitano registration - How to Buy Bitcoin


That's it mate.

Just sit back and relax, and in a few seconds or minutes, the Seller will Confirm the receipt of your Payment, and Remitano will release the Bitcoin to your Remitano wallet - from  their escrow holding.


ALSO READ: Bybit Review




How to Sell Bitcoins on Remitano:

Step 1: First, make sure  you Create an account on Remitano

Step 2: Make sure you have bitcoins available in your Remitano wallet (so, if you have bitcoins available in your Blockchain wallet, you’ll have to Send them to your Remitano wallet for the trade)

Step 3: Go to the Menu above, and Click on ‘P2P Exchange’

Step 4: Click on the ’Sell now’ button

Step 5: Input the amount of bitcoin you wish to Sell in the empty box provided (it also shows you the estimated amount in your local currency and in US dollars)

Step 6: Click on the Green ‘Sell now’ button below

You’ll see a list of potential Buyers; who are willing to buy the bitcoin amount you typed-in. The buyer list changes depending on the amount of bitcoin you type-in.

[NOTE]: It is very important to choose the right buyer (in order to avoid potential scams or unserious buyers).

The higher up the buyer appears on the list, the safer it is to trade with them – because they generally have great feedback scores.

The list will contain buyers willing to pay you via different banks. It’s best to choose a buyer who uses the same bank as you.

Click on the Username of the buyer you’re looking to trade with, and Check their credibility metrics properly.

Check the volume of bitcoin they’ve traded, their number of successful trades, when they joined the platform (Remitano), whether or not they’re verified, and most importantly, Check their ‘Feedback Score’.

A buyer with a Feedback score between 90% to 100% is more advisable to trade with, than those with lower feedback scores.


Pros:

  •     There is no central account (therefore, it’s not susceptible to hackers, or government intervention)
  •     Trades can go on 24/7, once there are people to trade
  •     Very good trade rates


Cons:

      Fraud due to human error


Remitano Review :

This is my Remitano review rating score: 4.92/5.0 stars



Remitano Review 2021 | How Remitano Works: 





Deposit & Withdrawal Options:

For investors and traders looking to deposit or withdraw funds from Remitano, deposits and withdrawals are currently restricted to supported cryptocurrencies and the Vietnamese Dong and Nigerian Naira.

When opening an account, Remitano provides investors with wallets for the supported crypto and fiat currencies.

Investors looking to deposit or withdraw either Vietnamese Dong or Nigerian Naira are required to have a bank account in the respective countries.

In order to benefit from higher limits for the buying, selling, depositing and withdrawing of funds, there is a KYC process in place.

Limits are tiered based upon KYC Completeness and can be summarized as follows:


Level 1: Phone Number Verification:

  • Purchase up to US$500 daily
  • Deposit up to US$1,560.5885 into a fiat wallet daily.
  • Withdraw US$250 worth of coin daily.

Level 2: Documents Verification:

  • Purchase up to US$50,000 daily
  • Deposit up to US$234,088.274 into a fiat wallet daily.
  • Withdraw US$1,000 worth of coin daily.

Level 3: Bank Verification:

  • Purchase up to US$100,000 daily
  • Deposit up to US$468,176.55 into a fiat wallet daily.
  • Withdraw US$2,500 worth of coin daily.

Level 4: Peer Certification:

  • Purchase up to US$1,000,000 daily
  • Deposit up to US$31,211,770 into a fiat wallet daily.
  • Withdraw US$500,000 worth of coin daily.

In order to complete Level 1 Verification, go to your user name dropdown box and select ‘Verification Process’. Then click ‘Verify’.

 

Remitano offers the buying, selling and swapping of cryptocurrencies.

Cryptocurrencies current supported by Remitano for buying and selling include:

Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Tether (USDT).

Additionally, Remitano also supports Binance Coin (BNB), Cardano (ADA), EOS, Stellar’s Lumen (XLM), and Tron (TRX for swapping.

Swapping allows investors to deposit supported cryptocurrencies into the respective Remitano wallets and instantaneously swap for either Bitcoin, Ethereum, or Tether (USDT). There is a 0.25% swapping fee and market volatility may lead to a change in actual amounts.

To swap, go to the Wallets page located under the Dashboard dropdown menu and select the cryptocurrency you wish to swap.

Fees and Charges:

Fees will vary, depending on the chosen method of purchase of cryptocurrencies.

There are also fees incurred for swapping cryptocurrencies and for depositing and withdrawing cryptocurrencies.

Trading Fees:

The price which is displayed in the advertisement already includes the trading fee, which is calculated at 1% of the price advertised.

For Sellers:

If you advertise or offer to sell 1BTC at US$7,000, your receiving price is US$7,000. The displayed price in the ad is US$7,000 + 1%, equivalent to US$7,070.

For Buyers:

If you advertise or offer to buy 1BTC at US$7,000, then your actual paying price is US$7,000 and you will receive 1BTC – 1%. The actual amount paid is US$7,000 and the 1% fee is incurred once in profit.

Wholesale:

Wholesale trading fees are flat at a flat rate of 0.1%.

Swaps:

Fees for Swapping cryptocurrencies are 0.25% of value swapped.

Deposits:

Fees for the deposit of cryptocurrencies are as below:

 

Key features of the Remitano platform:

Advertising: Buyers and sellers are able to create adverts to purchase and sell cryptocurrencies.

Affiliate Program: Remitano users can earn Bitcoin through the referral program, and by inviting their friends to join Remitano.

Dashboard: Displays a detailed summary of the investor’s current portfolio value, pending trade orders, and historical data of deposits, withdrawals, and transactions performed. The Dashboard also gives a summary of an investor’s buying and selling ads.

Escrow Platform: Reduces the risk of fraud, with cryptocurrencies held in escrow until funds sent or received between traders are verified.

Investment Summary: A more detailed summary of investments is provided within the Investments page located in the Dashboard dropdown menu. The breakdown includes open investments, awaiting investments, and closed investments.

Invest: Investors are able to purchase cryptocurrencies by opening an investment on the Invest platform.

Mobile Platform: Mobile trading is also supported, with Remitano available to download from the App Store and Google Play.

P2P Exchange: Links buyers and sellers in order to buy and sell supported cryptocurrencies.

Wallets: Remitano provides supported crypto and fiat currency wallets free of charge upon opening an account.

Privacy and Security

Escrow: Cryptocurrency purchases and sales are carried out with the use of escrow that holds the funds while counterparties trade.

  • The seller will transfer their cryptocurrencies directly from their wallet to the Remitano escrow platform instead of directly to the buyer.
  • The buyer can then remit funds agreed to purchase the cryptocurrencies to the seller.
  • Upon receipt of funds, as confirmed by the seller, the Remitano escrow platform releases the cryptocurrencies, as per the exchange agreement, to the buyer.
  • A support team is available in the event of disputes.

Verification: All Remitano users must go through complete a verification process. The process will at least reduce or dis-incentivize scammers…is aimed to significantly reduce incidences of scams.

Transparency: The platform allows buyers and sellers to review a profile before trading. Profiles include feedback from other buyers and sellers who may have transacted with a particular counterparty. In addition to reviews and feedback, buyers and sellers are also able to score each other on the platform. Remitano removes people proven to be scammers from the platform.

2-Factor Authentication (2FA): An essential additional security. Remitano users need to use Google’s Android or iPhone app to add a one-time password (“TOTP”) Two Factor Authentication confirmation each time you log in or request a withdrawal.

As a general rule, we recommend that:

  • Trade with counterparties who have established themselves and have a solid rating and positive feedback.
  • Ensure that you enable 2-FA.
  • Keep cryptocurrencies within personal wallets and not on the exchange platform to avoid the risk of theft.

Customer Support

Remitano provides 24/7 customer support.

Help: There is a Live Chat option as well as an FAQ section that provides users with the necessary support.

Email: Users are also able to send emails directly to the support team using the [email protected] email address.

Social Media: Remitano has a strong and active social media presence.

 

P2P Exchange

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)

Investment Platform

  • Tezos (XTZ)
  • Monero (XMR)
  • ChainLink (LINK)
  • Ethereum Classic (ETC)
  • Neo (NEO)
  • EOS (EOS)
  • Binance Coin (BNB)
  • Cardano (ADA)
  • Stellar (XLM)
  • Tron (TRX)

 

You've just read my Remitano review / Tutorial post.

I hope it was a helpful read?

 

Also Read:




Related Searches: remitano . remitano review 2021 . remitano review 2022 . how to use remitano . remitano nairaland . how to buy bitcoin on remitano . remitano nigeria customer care number . remitano vs luno . remitano office in nigeria . remitano signup . remitano login . remitano news . how to sell bitcoin in remitano . remitano.com . calameo.com . fxempire.com . medium.com . nairametrics.com . finder.com . remitano quora . quora.com . best peer to peer crypto exchange . goldennewsng.com . vanguardngr.com . nigerianbitcoincommunity.com . How to trade bitcoin in Nigeria . Remitano Nigeria tutorial . remitano buy bitcoin . remitano bitcoin price . is remitano legit . remitano india review






Post Title: Remitano Buy Bitcoin - Is Remitano Legit

Post a Comment

0 Comments

Close Menu