Remitano Review 2024

Autor

Revisor

Last update: 9 months ago

Our veredict

Remitano stands out in the cryptocurrency exchange market primarily due to its reliable platform and client satisfaction. With a strong emphasis on security and user experience, Remitano offers a streamlined trading environment suitable for both new and seasoned traders. The platform supports a range of cryptocurrencies, allowing users to trade and exchange major cryptos efficiently. It is particularly noted for its supportive community and responsive customer service, which enhances its trustworthiness among users.

However, it’s important to consider that Remitano lacks some advanced trading features and tools that more established competitors offer, such as automated trading bots or a broader range of cryptocurrencies. This could limit users looking to engage in more sophisticated trading strategies or those interested in lesser-known altcoins. Despite these limitations, Remitano’s straightforward user interface and commitment to security make it a commendable choice for those prioritizing ease of use and safety in their trading experience.

Pros

Cons

Investing risks losing your money

3,7

Threenvest Score

Fees

P2P: 1%

U.S Legal

Yes

With the confidence of Threenvest

Reputation and Reviews: Remitano has built a strong reputation in the crypto community for being reliable and user-friendly, with numerous positive reviews from users around the globe emphasizing its ease of use and responsive customer support.

Security Methods: The platform employs robust security measures including two-factor authentication (2FA), encrypted servers, and an escrow system for transactions, ensuring that both the funds and data of the users are protected against unauthorized access.

Customer Service: Remitano offers 24/7 customer support, which is crucial for resolving issues promptly and ensuring a smooth trading experience for all users. This is especially important in the fast-paced world of cryptocurrency trading.

Trading Volume and Liquidity: Remitano maintains a healthy trading volume that ensures liquidity, making it easier for users to enter and exit positions. This is a vital factor for traders who need to execute trades quickly at their desired prices.

Transparency: The platform is known for its transparent fee structure, with no hidden charges. This transparency builds trust among its users, as they can trade knowing exactly what fees to expect without any surprises.

Best Crypto Exchanges

Why can you trust Threenvest?

At Threenvest, we are unwaveringly committed to providing you with unbiased ratings and information. Our editorial team operates independently, free from any advertising influence. We use meticulous, data-driven methodologies to evaluate financial products and companies, ensuring that all assessments are conducted on a level playing field.

To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

About Remitano

Introduction

Remitano is a peer-to-peer cryptocurrency exchange designed to offer a simpler and more accessible way for individuals to buy and sell various cryptocurrencies. Launched to bridge the gap between fiat and cryptocurrencies securely and efficiently, Remitano provides a trading platform that is intuitive and user-friendly, making it an attractive option for beginners and experienced traders alike.

What is Remitano?

Remitano functions primarily as a platform for users to engage in the buying, selling, and swapping of cryptocurrencies directly with each other. Unlike traditional exchanges, Remitano offers an escrow service that holds the cryptocurrency until both parties confirm the transaction, enhancing the security of trades.

Background and History

Remitano was founded in 2016, amidst a growing need for a more secure and user-friendly platform that could facilitate the buying and selling of cryptocurrencies in less accessible markets. It started by focusing on the Southeast Asian markets and has since expanded globally, providing services in multiple countries around the world.

Founders

The platform was started by a group of banking professionals and enthusiasts who shared a common goal of making cryptocurrency trading more accessible and safe for everyone. Their backgrounds in finance and technology helped them design a platform that prioritizes user safety and ease of use.

Interesting Facts:

Remitano is one of the few platforms that offers a robust affiliate program, rewarding users for bringing new traders onto the platform.
It also provides a wallet service with support for multiple cryptocurrencies, allowing users to store, send, and receive digital currencies directly through the platform.

Headlines:

“Remitano Makes Cryptocurrency Accessible to Emerging Markets”
“Secure Trading with Remitano’s Escrow Service”

Why Choose Remitano?

Remitano is an appealing choice for those entering the cryptocurrency market, primarily because of its simplicity and user-friendly interface. Tailored especially for beginners, the platform offers an intuitive experience that demystifies the complexities of cryptocurrency trading. With a straightforward registration process and a clear, navigable dashboard, users can easily manage their transactions, monitor market movements, and understand their portfolios without feeling overwhelmed. This ease of use extends to the mobile app, which ensures that users can trade on the go, maintaining control over their investments at all times.

Security is another cornerstone of Remitano’s offerings, instilling confidence among its users. The platform incorporates robust security measures such as two-factor authentication, SSL encryption, and cold storage of the majority of user funds. Additionally, the escrow service for transactions provides an extra layer of security by holding funds until all trade terms are met, significantly reducing the risk of fraud. This commitment to secure trading makes Remitano a trustworthy option for those concerned about the safety of their digital assets.

Lastly, Remitano’s customer support stands out in the crypto exchange landscape. Available 24/7 through multiple channels, the support team is ready to assist users with any inquiries or issues that may arise, ensuring a smooth trading experience. This responsiveness, coupled with a proactive approach to user engagement and community building through forums and social media, creates a supportive environment for traders. Choosing Remitano means opting for a platform that not only prioritizes user experience and security but also values and supports its user base actively, making it a suitable choice for both novice and experienced traders alike.

Where it falls short

Limited Cryptocurrency Options: Remitano currently supports a somewhat limited selection of cryptocurrencies compared to larger competitors like Binance or Coinbase. Expanding its offerings to include more diverse and newer cryptocurrencies could attract a broader audience and cater to more specialized trading preferences. Improvement Suggestion: To become more competitive and appealing, Remitano could actively work on integrating more altcoins and emerging digital tokens into its platform. This would not only enhance its market coverage but also provide its users with more trading opportunities.

Advanced Trading Features: While Remitano is praised for its user-friendly interface and secure environment, it lacks advanced trading features that are available on other platforms, such as margin trading, detailed analytical tools, and more complex order types. Improvement Suggestion: Implementing these advanced features would cater to more experienced traders looking for sophisticated trading tools. Adding features like margin trading, futures, and enhanced charting tools could significantly improve the functionality of the platform and attract a segment of traders who currently turn to more feature-rich exchanges.

Features	Explanation
Minimum Trade	Remitano offers a relatively low minimum trade amount, making it accessible for beginners and those looking to trade small amounts.
Trading and Transaction Fees	Remitano’s fees are competitive but not the lowest in the market. The fee structure is straightforward and transparent, which is beneficial for user planning.
Number of Cryptocurrencies	The platform supports a limited number of cryptocurrencies compared to larger exchanges, which may be a drawback for users looking for a wide array of trading options.
Crypto-to-Crypto Trading Pairs	Remitano provides a decent range of crypto-to-crypto trading pairs, though it lacks the extensive options found on more established platforms.
Website Transparency	The website is user-friendly and provides clear information about fees, security measures, and trading options, though some details about the company’s operations could be more detailed.
Credit/Debit Card	Remitano lacks a branded exchange card, which limits the versatility and real-world applicability of its platform compared to some competitors that provide integrated card services for easier access to funds and transactions.
Storage Offering	The platform offers a secure wallet service with good security features, although it may not have the advanced security options of dedicated wallet providers.
Staking and Rewards	Remitano provides some options for earning through staking and rewards, but these are not as extensive or varied as those offered by competitors.
Mobile App and Desktop	Remitano offers a well-designed mobile app and a functional desktop platform, both of which are appreciated for their ease of use and reliability.
Customer Service	The platform excels in customer service, offering quick and helpful responses through multiple channels, including live chat and email.
Deposit and Withdraw	Remitano supports multiple deposit and withdrawal methods, though it lacks some of the flexibility of larger exchanges with more extensive banking integrations.

Investing risks losing your money

Xavier Tarrasó

EIP and Cryptocurrency Investor

As a cryptocurrency analyst, I’ve had the opportunity to explore and evaluate numerous platforms, and Remitano certainly stands out for a few noteworthy reasons. First and foremost, its user-friendly interface makes it exceptionally accessible for beginners. The platform’s design intuitively guides you through the process of trading cryptocurrencies, which can be a daunting task for those new to the space. Another aspect worth highlighting is Remitano’s commitment to security. The platform employs an escrow system for transactions, adding an extra layer of security by holding the funds until all parties confirm the transaction is complete. This feature greatly reduces the risk of fraud, making it a reliable choice for traders concerned about the safety of their investments. Overall, if you’re venturing into the world of cryptocurrencies and looking for a secure and straightforward platform, Remitano is definitely worth considering. It provides a solid foundation with essential trading tools, excellent customer support, and a community-driven approach that fosters a safe trading environment.

Fees

Remitano’s commission structure is designed to be transparent and competitive within the cryptocurrency exchange market. The platform primarily charges a flat fee on transactions, which is relatively lower than many other exchanges. This fee applies to both the buying and selling sides of a trade, making it easy for users to understand and calculate their trading costs upfront. For withdrawals, Remitano also imposes a fee that varies depending on the cryptocurrency being withdrawn. These fees are generally in line with or slightly above the industry average but are considered reasonable given the level of security and user support provided by the platform. This approach ensures that traders can manage their investments efficiently without worrying about hidden costs or overly high fees that could eat into their profits. Overall, Remitano’s fee structure is designed to be fair, encouraging active trading while providing necessary platform support and security.

Pros

Low Trading Fees: Remitano offers competitive trading fees which are lower than many other platforms, making it cost-effective for frequent trading.
No Hidden Charges: The fees are transparently displayed, ensuring that users are fully aware of the costs associated with their transactions without any surprises.
Fee Rebates on Referrals: Remitano provides a referral program that offers fee rebates, which can significantly reduce the cost of transactions when actively participating in the platform’s community.

Cons

Withdrawal Fees: While trading fees are competitive, the withdrawal fees can be relatively high depending on the cryptocurrency, which might deter frequent withdrawals or small traders.
Lack of Fee Tiering: Unlike some other exchanges that offer lower fees for higher volume traders, Remitano maintains a flat fee structure, which might not be as appealing to very high-volume traders looking for additional incentives.

Trading Commissions

At the core, Remitano charges a flat fee for each transaction conducted on its platform. This fee is relatively lower than many of its competitors, which is a significant attraction for traders looking to maximize their returns without losing a substantial portion to fees. The simplicity of this flat fee model also enhances transparency, allowing traders to calculate potential costs straightforwardly without the need for complex formulas.

Hidden Commissions

While Remitano prides itself on transparency, users should be aware of potential hidden costs that are not immediately apparent. For instance, though the trading fees are low, the withdrawal fees can vary significantly depending on the cryptocurrency involved. This variation can sometimes come as a surprise to users not familiar with the specifics of each crypto’s transaction fees.

Commission Analysis

The flat trading fee is beneficial for users making smaller transactions, as it remains consistent regardless of the transaction size. However, for large-scale traders, this can become a drawback as the fees can accumulate quickly compared to a tiered system that offers reductions based on volume. Furthermore, Remitano offers a unique feature where it only charges commissions on profitable trades. This approach can be particularly advantageous during a bullish market where traders are more likely to realize gains on their transactions. It incentivizes trading by reducing the risk of losing money on fees during less successful trades.

Contextual Comparison

When compared to industry giants like Binance or Coinbase, Remitano’s fees are generally more favorable, especially for users engaged in moderate amounts of trading. However, for very high-volume traders, the lack of a decreasing fee scale based on volume might make other platforms with such incentives more appealing.

Conclusion

Overall, Remitano’s commission structure is designed to support and encourage active trading with its straightforward and trader-friendly approach. While it excels in providing a cost-effective solution for small to medium volume traders, those operating at very high volumes might find the flat fee model less advantageous. Traders are encouraged to weigh these factors against their individual trading strategies and volume to optimize their choice of platform. This nuanced approach to fees, combined with the security and user-friendly interface of Remitano, makes it a solid choice for traders looking for a reliable and economically sensible platform to execute their cryptocurrency transactions.

Product selection

Remitano offers a comprehensive suite of services and products tailored to cater to both new and experienced cryptocurrency traders. Key offerings include a secure and intuitive trading platform that supports buying, selling, and swapping of cryptocurrencies with an escrow protection mechanism to ensure transaction safety. Additionally, Remitano provides a wallet service for users to store various cryptocurrencies. The platform also features an investment segment where users can participate in staking to earn returns on their holdings. Furthermore, Remitano’s innovative ‘Swap’ feature allows users to exchange one crypto for another directly, without needing to convert back to fiat, enhancing trading flexibility and efficiency.

Pros

Escrow Service: Remitano's use of an escrow system adds an extra layer of security to transactions, ensuring that funds are safely held until all terms of the trade are met, thereby minimizing the risk of fraud.
Integrated Wallet: The platform provides an integrated wallet for storing a variety of cryptocurrencies, offering convenience and security for managing assets directly within the platform.
User-Friendly Interface: Designed with simplicity in mind, the interface is intuitive, making it easy for both beginners and experienced traders to navigate and use the platform effectively.

Cons

Limited Advanced Features: Compared to larger exchanges, Remitano lacks some advanced trading features and tools such as futures and options trading, which may be a drawback for professional traders seeking comprehensive trading capabilities.
Restricted Cryptocurrency Selection: While Remitano supports the most commonly traded cryptocurrencies, its selection is limited compared to major exchanges, potentially limiting users who wish to trade a broader range of altcoins.

Read more about product selection in Remitano

Remitano offers a diverse array of services and products designed to cater to both beginners and experienced cryptocurrency enthusiasts. Here’s a detailed overview of the main offerings:

Leveraged Tokens: Remitano provides leveraged tokens, allowing traders to gain increased exposure to the price movements of cryptocurrencies without the complexities of managing a leveraged position.
Debit Card: The platform integrates a debit card feature, enabling users to spend their cryptocurrency holdings easily at traditional retailers or online.
APP: Remitano’s mobile app enhances user experience by offering full trading functionality, wallet services, and account management on the go, ensuring traders can buy, sell, and manage their investments anytime and anywhere.
Own Cryptocurrencies: While Remitano does not issue its own cryptocurrencies, it supports a wide range of popular and emerging digital coins, providing users with various trading options.
Financial Products: The platform includes several financial products like staking and futures, allowing users to earn interest on their holdings or engage in more sophisticated trading strategies.
Launchpad: Remitano’s launchpad service helps new tokens launch effectively, providing a platform for initial coin offerings (ICOs) that benefits both project developers and investors.
EARN, Staking, Loans: Users can engage in staking their digital assets to earn rewards. Additionally, Remitano offers crypto-backed loans, providing users with liquidity without the need to sell their holdings.
Liquid Swap: The platform supports the swapping of liquid assets, facilitating quick and easy trades between different cryptocurrencies without the need for traditional exchanges.
Promotions, Referral Codes: Remitano regularly offers promotions and referral benefits, incentivizing users to invite others to the platform with bonuses and discounted trading fees.
Tournaments: To engage its community, Remitano hosts trading tournaments, offering prizes and incentives to encourage competitive trading.
Leverage, Demo Account, Futures, Wallet: Remitano offers leverage options on trades, demo accounts for practice without financial risk, futures trading for speculative bets on crypto prices, and a secure wallet for storing cryptocurrencies.
Derivatives, Research and Education, API, Trading View, Earn Opportunities, Yielding Pools, Bonus Deals: The platform provides access to cryptocurrency derivatives, educational resources to aid trading strategies, an API for custom trading solutions, integration with Trading View for detailed chart analyses, numerous earning opportunities through yielding pools, and bonus deals for active users.

Each of these services is tailored to enhance user engagement and investment returns, making Remitano a versatile and attractive option for those involved in the crypto market.

Account opening

The account opening process on Remitano is straightforward and user-friendly, designed to accommodate both novice and experienced traders. To start trading, users simply need to register with an email address, and then verify their identity to enhance account security and meet regulatory requirements. This process typically involves submitting identification documents and a selfie to ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) policies. Once verified, users can immediately begin funding their account using various supported cryptocurrencies, setting up a secure wallet on the platform, and engaging in trading activities. The platform’s emphasis on ease of use and security provides a seamless entry point for new users entering the cryptocurrency market.

Pros

Simple Registration: The process starts with a straightforward registration that only requires an email address, making it quick and easy for new users to sign up.
No Initial Deposit Required: Users can open an account without the need to make an immediate deposit, which lowers the barrier to entry for new traders exploring the platform.
Fast Verification Process: Remitano's verification process is efficient, generally taking a short time to complete, which allows new users to start trading almost immediately.

Cons

Mandatory KYC for Full Functionality: While the initial setup is simple, accessing full trading capabilities requires going through a KYC verification process, which might be a hurdle for users seeking anonymity.
Limited Information on Requirements: The platform could improve by providing more detailed upfront information about the verification requirements and expected time frames, aiding users in better preparing for the process.

Read more about account opening in Remitano

In the account opening process at Remitano, here’s a detailed guide on various aspects that help new users get started effectively:

How to Sign Up on Remitano:

Visit the Website: Navigate to Remitano’s official website and click on the ‘Sign Up’ button.
Provide Email Address: Enter a valid email address to which you have access, as it will be used for verification purposes.
Set a Password: Choose a strong password for your account to ensure security.
Email Verification: Check your email for a verification link from Remitano. Click on the link to verify your email address.

Opening An Account:

Complete Profile Setup: Fill in your personal details such as your full name and contact information.
Identity Verification (KYC): Upload government-issued identification documents such as a passport or driver’s license. You may also need to submit a recent utility bill for address verification.
Wait for Approval: The KYC process may take a few hours to a couple of days, depending on the volume of applications.

How to Buy Your First Cryptocurrency:

Fund Your Account: Once your account is set up and verified, you can deposit cryptocurrency into your Remitano wallet or purchase crypto directly using supported payment methods like bank transfers or credit cards.
Navigate to the Market Page: Select the cryptocurrency you wish to purchase.
Place an Order: Enter the amount of cryptocurrency you want to buy and confirm your purchase. Your new assets will appear in your Remitano wallet.

Account Types:

Remitano offers different account levels based on the verification status and trading volume, each providing various features and limits:

Basic Account: Requires email verification only and provides access to basic trading features.
Verified Account: Requires ID verification and unlocks higher transaction limits and additional features.
Premium Account: For high-volume traders, offering lower fees and personalized support.

How to Use Remitano:

Navigation: Familiarize yourself with the user interface. Explore different sections such as the wallet, market, and swap.
Trading: Use the trading platform to buy and sell cryptocurrencies. Set up watchlists, analyze charts, and execute trades.
Staking and Earning: Participate in staking or other earning programs if available to maximize your returns.

Registration and KYC:

Registration: Simple and straightforward process.
KYC (Know Your Customer): Essential for compliance; ensures a secure trading environment by preventing fraud.

This detailed guide aims to equip new users with the knowledge needed to navigate the Remitano platform confidently and start trading effectively.

Security

Remitano’s security section is diligently crafted to ensure the safety of users’ funds and personal information, making it a highly reliable platform for cryptocurrency trading. The exchange incorporates several layers of security protocols, including two-factor authentication (2FA) and advanced encryption technologies, to protect against unauthorized access and cyber threats. Furthermore, the majority of customer digital assets are stored in cold wallets, significantly minimizing the risk of hacking incidents. This robust security infrastructure is complemented by a user-friendly interface that prioritizes transparency and ease of use, ensuring that users can manage their security settings and understand their importance effortlessly. Overall, Remitano’s commitment to security is evident in its comprehensive measures and continuous updates to safeguard its platform against evolving security challenges.

Pros

Robust Security Measures: Remitano implements strict security protocols including two-factor authentication (2FA), SSL encryption, and cold storage of the majority of user funds, providing a high level of security against unauthorized access and potential cyber threats.
Escrow Service for Transactions: The use of an escrow service in transaction processes ensures that funds are held securely during trades and are only released when all terms of the transaction are satisfactorily met by both parties.
Regular Security Audits: Remitano conducts regular security audits to assess and enhance their security measures, ensuring the platform remains resilient against new vulnerabilities.

Cons

Limited Regulatory Oversight: As a relatively new and unregulated exchange, Remitano's operational framework lacks the oversight seen in more established, regulated platforms, which might concern users about the long-term security and viability of the platform.
Dependency on User Security Practices: While Remitano provides robust security measures, the overall safety also heavily depends on users maintaining strong personal security practices. Users with poor cybersecurity habits (like reusing passwords) might still be vulnerable despite the platform's efforts.

Is Remitano Legit?

Remitano is recognized for its commitment to providing a secure trading environment. The platform uses an escrow system for transactions, adding an extra layer of security by holding funds until trade terms are met by both parties, thus minimizing the risk of fraud.

Regulation and Licensing

Currently, Remitano operates without formal regulatory oversight from major financial authorities, which is typical for many decentralized crypto exchanges. This might raise concerns about the level of consumer protection available.

Is Remitano Safe?

Security Measures: Remitano emphasizes security with robust measures such as:
- Two-Factor Authentication (2FA): Enhances account security by requiring a second form of identification before allowing access.
- Cold Storage: The majority of user funds are held in cold storage, which is disconnected from the internet and provides protection against potential hacks.
- SSL Encryption: Ensures that all data transferred between users and the service is encrypted and secure.
User Education: Remitano invests in educating its users about security best practices and how to secure their accounts and transactions effectively.

Historical Security Incidents

Remitano has maintained a strong security record with no major hacks reported. This clean historical performance adds to its credibility as a secure platform.

Why It’s a Secure Crypto Exchange

Remitano’s use of advanced security technologies and practices, along with its escrow service and emphasis on user education, underpin its reputation as a secure exchange. However, potential users should be aware of the lack of formal regulation, which might affect the platform’s ability to offer legal recourse in case of disputes or security breaches.

Conclusion

In conclusion, while Remitano provides a secure and user-friendly platform for cryptocurrency exchanges, users should exercise caution and make informed decisions by considering the absence of regulatory oversight. The platform’s strong security measures and proactive approach to user education make it a trustworthy choice for traders prioritizing safety and reliability.

Customer service

Remitano’s customer service and report of customer feedback are designed to provide comprehensive support and enhance user satisfaction. The platform features a multi-channel support system that includes email, mobile, Telegram, and live chat, ensuring that users can easily access help whenever they need it. The responsiveness of the customer service team is generally well-regarded, with support available 24/7 to address any issues that users may encounter. One of the strengths of Remitano’s customer service is its proactive approach to handling queries and problems. The support team is knowledgeable and equipped to deal with a wide range of issues, from account verification to transaction-related inquiries. This effectiveness is reflected in positive user feedback across various review platforms, where customers often highlight the swift and helpful service they receive. Additionally, Remitano actively engages with its user base through community forums and social media, which not only helps in rapid resolution of common concerns but also builds a sense of community among users. This approach fosters transparency and trust, further enhancing user satisfaction with the platform’s customer service.

Pros

Multi-Channel Support: Remitano offers several communication channels for customer support, including email, mobile, Telegram, and live chat, ensuring that users can reach out through their preferred method and receive timely assistance.
24/7 Availability: The platform provides round-the-clock support, which is crucial for a global user base operating in different time zones and trading at all hours. This continuous availability helps in addressing issues promptly, minimizing potential disruptions to trading activities.
Proactive Community Engagement: Remitano actively engages with its users on social media and community forums, not just for troubleshooting but also to gather feedback and improve services. This proactive approach helps in building a strong, supportive community.

Cons

Potential for Delays During High Traffic: While customer service is generally responsive, during periods of high demand or market volatility, there can be delays in response times. This can be frustrating for users needing immediate assistance.
Limited Advanced Technical Support: Some users report that while basic support is readily available, more complex issues, particularly those requiring in-depth technical support or detailed follow-up, may not be resolved as quickly or thoroughly as desired. This can be a drawback for advanced users with more specialized needs.

Read more about customer service in Remitano

Remitano’s customer service section is a critical component of their platform, ensuring users receive timely and effective support. Here’s an extensive look at various facets of Remitano’s customer support:

Customer Support

Remitano offers multiple avenues for customer support, including:

Live Chat: Available directly on the platform for real-time assistance.
Email Support: For more detailed inquiries or issues that require thorough investigation.
Social Media: Active presence on platforms like Facebook, Twitter, and Telegram, where users can seek help and discuss issues.
Phone Support: For urgent assistance, though availability may vary by region.

Reputation and Customer Feedback

User Reviews: Generally positive, with many users praising the responsiveness and helpfulness of the support team.
Feedback Channels: Remitano encourages user feedback through surveys and direct communication channels, allowing them to continually improve their service.

Contact Methods

Users can contact Remitano’s customer service through:

Dedicated Support Portal: A centralized area where users can submit tickets and track the status of their queries.
Community Forums: Where users can ask questions and receive both peer and official responses.

Response Time

Typically Fast: Remitano aims to respond to queries within a few hours, although response times can vary during peak times or for more complex issues.

What Users Have to Say?

Positive Feedback: Many users appreciate the platform’s user-friendly approach and the support team’s quick response times.
Criticisms: Some users have noted delays or unsatisfactory responses to more complex issues, suggesting an area for potential improvement.

Types of Support Offered

Technical Support: For issues related to trading operations, wallet problems, and transaction errors.
Account Support: Helps with account recovery, verification issues, and other administrative functions.
Educational Support: Guides and resources to help users understand various features and trading strategies.

Think of What the Reader May Need

Security Concerns: Guidance on securing accounts and handling unauthorized access.
Market Operations: Support for understanding market operations, fees, and trading functionalities.
Regulatory Compliance: Assistance with understanding how regulatory changes affect trading and what it means for users’ portfolios.

By offering a well-rounded customer service structure, Remitano ensures that users can trade confidently, knowing support is readily accessible whenever needed. This comprehensive approach not only helps in solving immediate problems but also educates and informs the trading community, contributing to a safer and more reliable trading environment.

Is remitano Right for You?

User-Friendliness and Support Structure: Remitano is particularly well-suited for beginners and those who prefer a straightforward trading experience without the complexity of advanced trading features. The platform offers a user-friendly interface, comprehensive customer support, and a robust community forum where users can get help and share insights. If you value ease of use and readily available support over advanced trading functionalities, Remitano could be a great match.
Security and Trust: If security is a high priority for you, Remitano’s strong security measures, including the use of an escrow system for transactions, two-factor authentication, and cold storage for the majority of user funds, make it a trustworthy platform. However, it’s important to note that it operates without formal regulatory oversight, which might be a concern if you are cautious about the regulatory status of the platforms you use.
Trading Needs and Cryptocurrency Variety: Consider your trading needs and the variety of cryptocurrencies you are interested in trading. Remitano offers a relatively limited selection of cryptocurrencies compared to larger exchanges. It is ideal if you are interested in the most commonly traded cryptocurrencies and do not require access to a wide range of altcoins or exotic tokens. If your trading strategy involves a broader spectrum of cryptocurrencies, or if you require advanced trading tools like margin trading, Remitano may not fully meet your needs.

By reflecting on these points in relation to your personal trading preferences and requirements, you can make a more informed decision about whether Remitano is the right cryptocurrency exchange for you.

Remitano compared to other crypto exchanges

Threenvest score

3,7

Fees

P2P: 1%

US Legal

Yes

Security

High 4,6/5

Investing risks losing your money

Threenvest score

4,8

Fees

≤0,10%

US Legal

Security

High 4,9/5

Investing risks losing your money

binance us

Threenvest score

4,9

Fees

US Legal

Yes

Security

High 4,9/5

Investing risks losing your money

Available cryptocurrencies and countries available

Remitano provides a platform tailored for cryptocurrency traders around the world, focusing on both accessibility and a curated selection of cryptocurrencies. Here’s an overview of the main cryptos available, as well as key countries where Remitano operates and those where it is not available.

Available Cryptocurrencies:

Remitano supports several of the most popular cryptocurrencies, which include:

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

While these cover the needs of most traders looking to engage with major digital assets, it is important to note that Remitano does not currently support some emerging and less common cryptocurrencies such as Polkadot (DOT), Cardano (ADA), and Solana (SOL). If your trading strategy or interest involves these or other less mainstream cryptos, Remitano may not cater to your needs.

Available Countries:

Remitano is accessible to users in a wide range of countries across different continents including:

Australia
Canada
United Kingdom
South Africa
Singapore
India
Germany
Nigeria
Malaysia This extensive availability makes Remitano a convenient platform for international users.

Restricted Countries:

However, there are significant restrictions in place for potential users from some key global markets. Notably, Remitano does not offer its services to residents of the:

United States
Japan
China These exclusions are primarily due to regulatory considerations and may affect individuals residing in these countries who are interested in trading cryptocurrencies.

By understanding these limitations and availabilities, you can better determine if Remitano suits your geographical and trading preferences.

Main cryptocurrencies available

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

Main countries where you can open an account

Australia
Canada
United Kingdom
South Africa
Singapore
India
Germany
Nigeria
Malaysia

FAQs

What cryptocurrencies can I trade on Remitano?

You can trade major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), and Bitcoin Cash (BCH) on Remitano.

Is Remitano available in my country?

Remitano is available in numerous countries including Australia, Canada, the United Kingdom, South Africa, Singapore, India, Germany, Nigeria, and Malaysia. However, it is not available in the United States, Japan, or China.

How do I set up an account on Remitano?

To set up an account, visit Remitano’s website, click on the ‘Sign Up’ button, and provide your email address. Follow the instructions to verify your email, complete the KYC process by uploading the required documents, and once verified, you can start trading.

What are the fees for trading on Remitano?

Remitano charges a flat trading fee for transactions. While specific rates can vary, they are generally competitive. Remember, withdrawal fees may apply and can vary depending on the cryptocurrency.

How secure is Remitano?

Remitano prioritizes security with measures like two-factor authentication (2FA), cold storage for the majority of user funds, and SSL encryption to protect users’ information and transactions.

Can I use fiat currency on Remitano?

Yes, you can use fiat currencies to purchase cryptocurrencies on Remitano. The platform supports various payment methods including bank transfers and credit cards depending on your region.

What should I do if I face an issue on Remitano?

If you encounter any issues, you can contact Remitano’s customer support via live chat, email, or mobile. The support team is available 24/7 and ready to assist with any queries or concerns you may have.

Final opinion on Remitano

At Threenvest, we recognize that choosing the right cryptocurrency exchange is pivotal to your trading success. Remitano, with its user-centric design and robust security measures, presents a compelling option for both novice and seasoned traders. The platform’s standout features, such as its escrow service for transactions and the variety of accessible payment methods, ensure a secure and convenient trading environment. However, it is also crucial to note that Remitano’s selection of cryptocurrencies, while encompassing the most traded coins, is relatively limited compared to larger exchanges. This could be a deterrent for those looking to explore a wider array of altcoins.

Despite these limitations, Remitano’s strengths lie in its commitment to user safety and support, making it an attractive choice for users prioritizing security and simplicity over extensive crypto variety. Compared to other exchanges, Remitano’s flat fee structure is appreciably transparent, which, combined with the 24/7 customer support and community engagement, fosters a trustworthy trading environment. For clients of Threenvest looking for a reliable platform that balances basic trading functionalities with top-notch security, Remitano proves to be a worthy contender. As always, we advise our users to weigh these features against their specific trading needs and preferences to make the most informed decision.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Do not invest unless you are fully prepared to lose the entire amount of your investment. This is a high-risk activity, and you should not rely on any guarantees of protection if something goes wrong.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.

Investing risks losing your money