How to Buy ETH In Nigeria On Remitano in 7 Simple Steps
How to Buy ETH on Remitano in 7 Simple Steps
Buying Ethereum (ETH) on Remitano is easy and straightforward. As one of the largest peer-to-peer cryptocurrency marketplaces, Remitano makes it simple for beginners to purchase ETH safely and securely.
In this step-by-step guide, you’ll learn:
- What Remitano is and why it’s a good platform for buying crypto
- How to create an account and wallet on Remitano
- Step-by-step process for buying ETH on Remitano
- Payment methods accepted on the platform
- How to ensure safe and secure ETH transactions
- Pros and cons of buying ETH on Remitano
So if you’re ready to acquire some Ethereum tokens, let’s get started!
What is Remitano and Why Use It to Buy ETH?
Founded in 2016, Remitano is a peer-to-peer cryptocurrency marketplace that allows users to buy and sell digital currencies easily and securely.
Some key advantages of using Remitano include:
- Easy account setup and quick identity verification
- Wide variety of secure payment methods
- Competitive pricing and low fees
- Secure escrow system to ensure safe transactions
- Active customer support team
As one of the largest P2P exchanges by trading volume, Remitano makes it simple even for first-time buyers to purchase Ethereum and other coins like Bitcoin.
Over the years, Remitano has emerged as a trusted platform with an intuitive interface, an escrow system for secure trades, and active customer support – making it ideal for ETH purchases.
Step 1: Create a Remitano Account
To buy ETH on Remitano, you first need to create a free account.
Follow these steps to sign up:
- Go to Remitano’s website and click on “Sign Up” at the top right corner.
- Enter your email address and create a secure password.
- Verify your email address by clicking on the confirmation link sent to your inbox.
- Once your email is verified, log in to your Remitano account.
The sign-up process is quick and easy – you just need a valid email ID to create your account within minutes.
Step 2: Complete Identity Verification
Once your Remitano account is activated, you need to complete the identity verification process before you can buy and sell crypto.
Here is how identity verification works on Remitano:
- From your account dashboard, click on “Profile verification”.
- Choose your country and enter the required personal information like full name, date of birth, address etc.
- Upload a clear photo or scanned copy of your government-issued ID (driver’s license, passport etc.)
- Finally, click “Submit” to complete the verification process.
Remitano will typically review your documents and approve your profile within 1 business day. Once approved, you get full access to buy and sell cryptocurrencies on Remitano.
Step 3: Deposit Funds
Now that your account is verified to trade, you need to deposit some funds to buy ETH.
Remitano offers many payment options including:
- Bank transfer
- Credit/debit cards
- Cash deposit
- Mobile payments
To deposit money:
- From the dashboard, click on “Buy”
- Choose your desired payment method
- Enter the amount you wish to deposit
- Follow the instructions to complete the transfer
Once the funds are credited, you will see the available account balance on your dashboard.
On Remitano.com, you can Buy and Sell Bitcoin and 15 other Altcoins worldwide. It is the Top one P2P marketplace.
Step 4: Search for a Buy Offer
On the Remitano buy page you’ll find thousands of active ETH buy offers posted by sellers.
You can use the filters and search bar to narrow your search down to specific offers based on:
- Payment methods
- Amount of ETH offered
- Pricing (premiums charged)
- Buyer reviews and ratings
After you apply the filters, browse through the buy offers and compare fees, pricing, reviews etc. before selecting one.
Step 5: Open Your ETH Buy Order
When you’ve found an ETH buying offer that matches your requirements, click on “Buy”.
This will open an order page with buy instructions, terms of trade, and user reviews of that seller.
Before you open your buy order, ensure you:
- Read all terms carefully
- Check buyer reviews and ratings
- Verify seller profile for red flags
If you’re satisfied, enter your desired amount of ETH and click “Buy” to open your order.
Step 6: Follow Payment Instructions
As soon as you open the ETH buy order, seller’s coins are locked into Remitano’s escrow wallet.
You now need to follow the payment instructions to send funds to the seller and complete your purchase.
Payment options accepted by sellers include:
- Bank transfers
- Cash deposits
- Gift cards
- Mobile money
Carefully follow each step listed in the order chatbox to send your funds. Don’t forget to upload payment receipts as proof.
Once the seller confirms receipt of funds on their end, you’re all set!
Step 7: Receive Your ETH
After the seller verifies your payment on the Remitano platform, the escrowed ETH are automatically released from the secured wallet into your account.
You can now access and withdraw the ETH from your Remitano wallet into any external cryptocurrency or Ethereum wallet.
And congratulations, you have successfully bought ETH on Remitano!
For added security, ensure you transfer out your newly acquired coins into your personal wallet.
Payment Methods Accepted on Remitano
As a P2P platform, Remitano supports a huge array of payment methods for buying and selling cryptocurrencies including:
Bank Transfers
Make a regular bank wire transfer or domestic transfer like IMPS, NEFT etc. from your bank account directly to the seller’s account to buy ETH.
Pros
- Convenient for larger order amounts
- Low fees
Cons
- Can take 1-3 days for bank transfers
Cash Payments
For ultimate privacy pay sellers in physical cash by depositing money into their bank account via ATMs, bank tellers or payment centers.
Pros
- Completely private
- No digital traces
Cons
- In-person cash transfers are risky
Mobile Payments
Mobile payment apps like Paytm, PhonePe, Dana, Bkash etc. allow for instant transfers to seller’s accounts using UPI or mobile wallet balance.
Pros
- Super fast transaction speed
- Very convenient
Cons
- Daily/monthly transfer limits
Gift Cards
Buy branded gift cards either online or locally and send gift card codes to sellers on Remitano chat. Sellers redeem the codes and release funds.
Pros
- Added privacy benefits
- Widely available
Cons
- Need to pay small premiums
So choose any mode that’s most convenient for you to fund your crypto purchase!
Safe and Secure Transactions on Remitano
Remitano prioritizes user safety by implementing multiple security layers:
Secure Crypto Escrow
All ETH coins are held in Remitano’s secured escrow wallet until you send payment. Coins are released only post successful payment confirmation.
Seller Verification
Strict KYC norms ensure all sellers are pre-verified before listing offers on Remitano.
Trust Scores
Dynamic scores are calculated for every user based on profile quality, reviews and past transactions indicating reliability.
Customer Support
Dedicated customer service with swift response time assists in resolving any payment or transaction issues faced.
As long as you stick to highly rated sellers and follow provided instructions, buying ETH on Remitano is very safe.
Pros of Buying Ethereum on Remitano
Here are the notable benefits of purchasing ETH via the Remitano platform:
- Beginner-friendly site with smooth onboarding
- Low trading fees of 0.5% – 1% per transaction
- Secure escrow mechanism shields payments
- Wide range of supported payment methods
- Competitive ask prices for ETH
- Faster transaction times compared to CEXs
- Simple interface with powerful filters
- High liquidity from broad seller network
For first-time investors, Remitano serves as the ideal starting point to dip your toes into Ethereum and crypto trading.
Cons of Buying ETH on Remitano
However, there are a few limitations to keep in mind as well:
- Cannot purchase via credit cards due to chargeback risks
- Daily and monthly buying limits imposed
- Blocked access in certain US states and countries
- Lack of advanced trading tools like charts or graphs
-being a P2P platform, pricing varies across sellers
Despite the minor drawbacks, Remitano stays as one of the top choices to buy Ethereum and other major crypto coins with ease.
Wrapping Up
And that concludes this detailed, step-by-step guide on how to buy ETH on Remitano swiftly and securely.
Follow all the tips highlighted regarding seller selection, safe payments, positive user reviews etc. to ensure a smooth transaction process.
To summarize, simply:
- Sign up for a Remitano account
- Get identity verification done
- Deposit funds & choose payment mode
- Search and filter ETH buy offers
- Select a trusted seller
- Open buy order & complete payment as guided
- Receive ETH in wallet
Once you buy your first batch, you’ll find that Remitano offers newbies an easy entrance point into the crypto asset markets with optimal security to boot.
So sign up today to purchase your first Ether tokens in just minutes!