How to Buy EOS on Remitano
Introduction to EOS
- Created by blockchain company Block.one in 2017
- Uses delegated proof-of-stake consensus mechanism
- Aims to enable fast, free transactions & decentralized apps
- EOS token is #20 cryptocurrency by market cap
What is Remitano?
- Peer-to-peer cryptocurrency marketplace
- Connects buyers with sellers directly
- Over 2 million users globally
- Supports many payment methods
- Easy to use web & mobile interface
- Low fees compared to centralized exchanges
- Simple account setup & fast verification
- Wide selection of sellers & payment options
- Secure escrow system to protect funds
- Support team available to resolve disputes
- Allows buying with cash, bank transfer, gift cards etc
Step 1: Create a Remitano Account
- Go to Remitano.com or download mobile app
- Click ‘Register’ and enter your email
- Create username and strong password
- Verify email to activate new account
Tips for account security
- Enable 2FA for extra protection
- Use strong unique password
- Don’t share login credentials
Step 2: Verify Your Identity
- Remitano requires ID verification for trading
- Helps prevent fraud and comply with regulations
- Click on profile icon > Verification
- Upload photo ID e.g. passport, driver’s license
- Wait for approval – usually very quick
Step 3: Deposit Funds
- You’ll need fiat currency to trade for EOS
- Click ‘Balances’ tab to deposit options
- Bank transfer, PayPal, gift cards etc accepted
- Deposits credited quickly – ready to trade
Tips for deposits
- Start small if new to Remitano
- Check for any deposit fees
- Save transfer proof/receipts
Step 4: Browse EOS Buy Offers
- Click ‘Buy Currency’ tab on top
- Search for EOS or select from menu
- View list of EOS sellers & offers
- Check factors like price, limits, location etc
What to look for in offers
- High seller feedback rating
- Accepts your preferred payment method
- Competitive EOS price
- Suitable minimum/maximum trade limits
- Reasonable payment window time
Step 5: Open a Trade
- Choose an EOS offer and click ‘Buy’
- Review seller’s terms carefully
- Enter your order amount in USD/EUR/GBP
- Click ‘Buy’ again to open trade
- Seller’s EOS moved to escrow
- chatbox opened with seller
- Start small first trade
- Don’t proceed if anything seems suspicious
Step 6: Make Payment
- Follow seller’s payment instructions precisely
- Examples: bank details, gift card code, cash pickup
- Upload payment proof/receipts if required
- Mark payment completed when done
- Don’t close trade until fully paid
- Keep payment proofs safe
- Ask for help in chat if unsure
Step 7: Release EOS
- Once seller confirms payment received:
- They will release the EOS from escrow
- EOS credited directly to your Remitano wallet
- Trade completed! You now own EOS
- Withdraw EOS to external wallet
- Trade or spend your newly bought EOS
- Leave feedback for seller after trade
Tips for Buying EOS Safely
- Research seller carefully before trading
- Don’t proceed if anything seems suspicious
- Start with small trade amounts first
- Check market prices to avoid overpaying
- Save payment proofs – keep chat records
- Enable 2FA and strong password for account security
- Withdraw to your own wallet after buying
- Contact support if issues arise during trade
Frequently Asked Questions
Is Remitano safe to buy EOS?
Remitano has a good reputation and takes security seriously. Funds are held securely in escrow until buyers confirm payment. 2FA and ID verification help protect accounts. Check seller feedback ratings. Start small to test.
What payment methods can I use?
Options include bank transfer, PayPal, gift cards, cash deposit, face-to-face cash trade. Payment methods vary by seller. Choose one you are comfortable with.
Are there fees for buying EOS on Remitano?
Remitano charges 0.5% fee to sellers. Buyers pay no platform fees, only payment processing fees if applicable. Compare seller rates to get best price.
Can I sell EOS on Remitano too?
Yes, Remitano allows both buying and selling. If you have EOS, you can create sell offers and earn income. Follow the verifications steps to start selling.
How long does buying EOS take?
With bank transfer, up to 24 hours for payment confirmation. With instant payments like gift cards, the process can be completed within an hour. Depends on the seller.
What are Remitano wallets?
Remitano provides hosted web & mobile wallets to store coins bought on the platform. Useful for trading but recommend withdrawing to your own secure wallet.
So in summary, Remitano makes it easy to buy EOS securely using many payment methods. Just create and verify your account, browse seller offers, open and complete the trade, and withdraw your new EOS to start using the network. Take precautions and you’ll have a smooth buying experience.