How to Buy TRX In Nigeria On Remitano
How to Buy TRX on Remitano: A Step-by-Step Guide
Remitano is a popular peer-to-peer cryptocurrency exchange where you can buy and sell major cryptocurrencies like Bitcoin, Ethereum, and Tron (TRX).
Buying TRX on Remitano is quite easy if you follow some simple steps.
In this comprehensive guide, I will walk you through the whole process of buying TRX on Remitano step-by-step.
Steps to Buy TRX on Remitano
Here are the key steps to buy TRX on Remitano:
Step 1: Create a Remitano Account
The first thing you need to do is create an account on Remitano. Just go to the Remitano website and click on the “Register” button.
- Enter your email address and password to sign up
- Verify your email address by clicking on the confirmation link sent to your inbox
- Complete your KYC verification by providing your basic personal details
Once your account is created, you will have a Remitano digital wallet assigned to your account automatically. This wallet will be used to store the TRX you purchase.
Step 2: Deposit Funds
Before you can buy TRX, you need to deposit some funds into your Remitano wallet.
- Click on “Balance” and then select your preferred deposit option from – bank transfer, credit/debit cards, gift cards etc.
- Specify the deposit amount in your local currency, fill in the required details and complete the transfer
- The funds will reflect in your wallet once the transfer is completed
Make sure to deposit enough funds to cover the TRX purchase and fees.
Step 3: Find TRX Sellers
Once there are sufficient funds in your wallet, you can start looking for TRX sellers.
- Click on “Buy Coin” on the top menu bar and search for TRX from the dropdown
- You will see a list of TRX sell orders from vendors across various payment methods
- Check the vendor’s profile, feedback rating, location etc. before selecting an offer
- Choose an offer that best matches your preferred payment method
Compare offers from multiple sellers to get the best TRX price.
Step 4: Open Trade With the Seller
After choosing a suitable sell order:
- Specify the TRX amount you want to buy and click on “Buy”
- This will open up a trade with the seller along with a secure escrow wallet
- The seller cannot cancel the trade once it reaches the escrow stage
Make sure to double check the TRX amount before opening trade.
Step 5: Follow Trade Instructions
Every seller will have their own set of trade instructions specified.
- Read through the instructions carefully
- It usually involves sending payment proof and releasing the funds from escrow
- You can chat with the seller within the trade screen to clarify any doubts
Be sure to complete all requirements within the payment time-frame.
On Remitano.com, you can Buy and Sell Bitcoin and 15 other Altcoins worldwide. It is the Top one P2P marketplace.
Step 6: Mark Payment as Complete
Once you have paid the seller according to the agreed upon method:
- Click on “I have paid” to mark the payment as complete from your end
- If this is not done within the payment window, the trade may get cancelled automatically
In case of any issues, communicate with the seller before the window expires.
Step 7: Release Funds From Escrow
After the seller confirms receiving funds on their end:
- The TRX amount you purchased will be released from the escrow wallet
- The TRX balance will now reflect in your Remitano wallet
You can now store, spend or withdraw the TRX purchased to an external wallet.
And that completes the process of buying TRX on Remitano! As you can see, it just involves a few simple steps to buy cryptocurrency on this peer-to-peer exchange platform.
Why Buy TRX on Remitano?
Here are some of the key benefits of buying TRX crypto tokens on Remitano:
Competitive Rates
You can often find the best TRX rates on Remitano from verified sellers across globe. Dynamic peer-to-peer marketplace leads to competitive prices.
Secure Trades
All trades happen via an escrow wallet mechanism which holds funds until the transaction is completed fully. This eliminates counterparty risk.
Wide Payment Options
Remitano offers extensive payment methods including bank transfers, gift cards, online wallets, cash deposits etc. catering to user preferences.
Reliable Support
The responsive Remitano support team can assist you quickly via email, live-chat and ticket-system in case any issue comes up.
Low Fees
The trading fee on Remitano is only 0.5% per transaction which is lower than most cryptocurrency exchanges.
So in addition to the TRX trading process being fairly simple, Remitano also scores high on security, payments, support and fees.
Frequently Asked Questions
Here are some common queries related to buying TRX on Remitano:
Is KYC required on Remitano?
Yes, you need to complete identity verification by providing your personal identification documents. This is to comply with anti-money laundering regulations.
What payments can be used to fund Remitano wallet?
You can use methods like bank account transfer, debit/credit card, electronic wallets, cash deposit, gift cards and more. Usage varies across countries.
Is there a limit on buying TRX crypto?
The minimum buy amount is generally $5. Maximum purchase depends on seller limits and your verification levels on Remitano.
Do I need a crypto wallet to store TRX?
The Remitano wallet itself allows you to hold TRX funds. But you can also withdraw it to an external TRON wallet at any point.
How long does TRX transfer take from sellers?
TRX transfers from seller to your wallet is usually instant. Overall transaction time depends on how soon payment confirmation happens as per terms.
And that’s a wrap! I hope this detailed guide covered everything you need to know about buying TRX tokens in a quick and efficient way using the Remitano platform.
Just follow the step-by-step process outlined above and you will have TRX tokens in your wallet in no time. Happy buying!