How to Buy XML In Nigeria On Remitano

How to Buy XML on Remitano

Remitano is a peer-to-peer cryptocurrency exchange that allows users to easily buy and sell major cryptocurrencies like Bitcoin, Ethereum, XML, and Tether using a variety of local payment methods.

Buying XML on Remitano is quite straightforward, especially for beginners. This step-by-step guide will walk you through everything you need to know to successfully purchase XML on the platform.

Prerequisites for Buying XML on Remitano

Before you buy XML on Remitano, there are a few prerequisites:

  • You need to have an account on Remitano. Signing up is free and only requires an email address.
  • Your Remitano account needs to be verified to at least Level 1 to enable buying and selling on the platform. Verification requires submitting your basic personal details and ID document.
  • You need to have adequate funds readily available to trade for XML. Remitano accepts various local payment methods including bank transfers, gift cards, online wallets, etc. depending on your location.

Step-by-Step Guide to Buying XML on Remitano

Follow these simple steps to buy XML on Remitano seamlessly:

1. Create an Account and Get Verified

  • Go to the Remitano website and click on Sign Up to create a free account using your email address.
  • Submit your personal details like full name, country, and phone number to activate your account.
  • Complete the initial KYC verification process to raise your account’s trust level. This requires submitting a valid ID document like national ID card, driver’s license, or passport.

2. Deposit Funds

To trade digital currencies on Remitano, you’ll need to deposit local currency funds in advance:

  • Click “Wallet” and select your preferred payment method – bank transfer, gift cards, online wallets, cash deposit, etc.
  • Specify the currency and amount you wish to deposit.
  • Follow the steps to successfully deposit funds into your account. Amounts vary based on account level.

3. Find Best XML Offers

Once you have funds, it’s time to buy XML:

  • Click on “Buy Currency” on the top menu and enter XML as the currency.
  • You will see dozens of XML sellers with offers sorted according to price, payment method, feedback score, and location.
  • Compare the different vendor offers carefully and pick one that best matches your preferences in terms of price competitiveness, high feedback score, suitable payment method, and optimal trading limits.

4. Open Trade with Vendor

After selecting the best XML buying offer:

  • Specify the XML amount you wish to purchase in USD equivalent.
  • Carefully go through the vendor’s terms of trade before you open the deal.
  • Click on “Buy XML” to initiate and open the trade. This will move the agreed XML amount into a secure Remitano escrow wallet.

5. Pay the Vendor

At this stage, you need to send your payment by following the vendor’s provided payment details and instructions:

  • Use the built-in chat box to communicate directly with the vendor if you have any questions or issues regarding payment.
  • You can send payment manually outside the Remitano platform based on provided details.
  • Once payment confirmation is received from the vendor, click the “I have paid” button on Remitano.

6. Release XML

Finally, once the vendor also confirms your payment, the purchased XML will be automatically released from the escrow wallet to your Remitano XML wallet balance. You’re all set!

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Why Buy XML on Remitano?

Here are some of the major advantages of buying XML and other cryptos on the Remitano platform:

  • Secure Trading: Remitano’s escrow system ensures secure trading by holding seller assets until the buyer payment gets cleared first.
  • Swift Transactions: Most XML trades complete rapidly within minutes due to seamless buyer-seller coordination.
  • Wide Payment Options: Enjoy enhanced financial inclusion via extensive local payment methods tailored per country.
  • Low Fees: Relatively low trading fees starting from just 0.5% per transaction.
  • High Liquidity: Healthy buying/selling volumes guarantee the best XML rates.
  • Superior Support: Get 24/7 customer assistance via email, phone, Telegram, and live chat.

Step-by-Step Remitano XML Buying Demo

Watch this short video to see the full flow of buying XML on Remitano visually:

  1. Create an account on Remitano if you don’t have one already. This will give you access to your digital wallet.
  2. Log into your Remitano account and click on the “Buy Crypto” button at the top of the website.
  3. Select XML as the cryptocurrency you want to purchase.
  4. Enter the amount of your local currency you want to spend on buying XML.
  5. Choose your preferred payment method from the options provided, such as bank transfer, credit/debit card, or cash deposit.
  6. Click “Search” to view the available offers from sellers.
  7. Review the list of sellers, considering factors like their positive feedback, location, and payment method.
  8. Select an offer you want to proceed with and click “Buy”.
  9. On the individual offer page, carefully read through the seller’s terms and conditions.
  10. Enter the amount of XML you wish to purchase and click “Buy” again.
  11. This will open the trade interface with instructions and a chat box for communication with the seller.
  12. Follow the seller’s instructions precisely, such as providing any required documents or making the payment.
  13. Once you have made the payment, click the “I Have Paid” button to confirm.
  14. The seller will then release the XML from the escrow to your Remitano wallet upon verifying the payment.
  15. If there are any issues or delays, use the chat box to communicate with the seller or Remitano’s support team.
  16. After a successful trade, the XML will be available in your Remitano wallet, ready for you to use or transfer as desired.

Frequently Asked Questions

Here are answers to some common questions about buying XML on Remitano:

Is Remitano safe for buying XML?

Yes, Remitano utilizes robust security measures like secure escrow and two-factor authentication to facilitate risk-free XML and crypto trading. Millions use it safely across many countries.

Can I buy XML directly using my credit/debit card?

No, Remitano does not directly process card payments. First, you need to deposit local fiat currency using bank transfers, mobile money, gift cards, cash by mail, etc. This money is then used to buy XML from verified vendors.

How much does Remitano charge in fees?

Remitano charges a competitive fee of just 0.5% per trade, capped at around 5 USD equivalent per transaction, which is covered by the buyer. Sellers pay no fees.

What are Remitano trading limits for buyers?

Trading limits start from 100 USD for Level 1 accounts and reach 20,000 USD per day for fully verified Level 3 accounts, based on Konnect by Remitano KYC verification tier.

How long does it take to buy XML on Remitano?

Most XML buy orders via Remitano only take between 5 to 30 minutes to complete the full escrow process successfully. Well-communicated orders tend to finish fastest.

Conclusion

In summary, Remitano makes buying sought-after digital currencies like XML a total breeze by providing a streamlined peer-to-peer escrow marketplace.

Just create and verify an account, select the optimal XML vendor offer, pay via suitable local payment method, and receive your newly bought XML in no time with full buyer protection.

So sign up on Remitano today to enjoy a premier XML purchasing experience!