Remitano review & 2 testimonials for remitano.com (04.2024)
- Overview: is Remitano safe?
- Pros & Cons of Remitano
- Services, Remitano Provides
- Currencies & Payment Systems
- Remitano fees
- Buying and selling limits
- Supported countries
- Customer service
- Verification at Remitano
- Deposit/withdrawal speed
- Customers' testimonials
- FAQ about Remitano
- Remitano vs other exchanges
- Conclusion: is Remitano legit or scam?
What is Remitano in a nutshell? It's maybe not the most popular, yet rather an aged exchange service (p2p marketplace) working with some popular crypto: you can exchange these using the website. Exchange service started the business Apr 2015, it serves the clients for a few years. Besides the cryptocurrencies exchange, Remitano also provides other services, for example, Mobile wallet, Merchant Services, Lending.
This P2P Marketplace
welcomes customers from
107
countries
(unfortunately, your country: United States
is not supported at the moment;
but there are good alternatives)!
Due to regulatory restrictions, US citizens and residents are not served by the exchange.
Unfortunately we couldn't yet collect enough data about the order processing speed from the actual customers,
maybe you know how fast Remitano processes the orders? If you do, please
share the knowledge!
Thanks a lot!
Depending on the order details, you may need to verify your account
Based on all these facts, our verdict is the following: Remitano is a promising, although not yet reviewed much by our visitors place to exchange Bitcoins, an interesting exchange that we believe will get some nice feedback pronto!
Overview: is Remitano safe?
Remitano was founded by Dung Huynh. Other than that, other notable people are holding various positions in firm, for example Charles Nwoko (Business Development Manager).
Pros & Cons of Remitano
Although Remitano is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:
- P2P Marketplace operates for a long time, service was started 2015.04.
- Built-in escrow makes the process almost perfectly safe, especially when you are buying crypto.
- Remitano is something much bigger than just another crypto exchange, there are extra services, some of which may be very interesting for bitcoiners.
- Many countries are not supported, please check if yours is in this list before registering!
Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Remitano! Try Remitano today and let us know how you like it!
Services, Remitano Provides
The platform provides the following cryptocurrency exchange-related services:
- Helps the visitors to exchange the electronic currencies.
- Provides mobile wallet software for iPhone, Android and other phones
- Provides merchant services (accepting cryptocurrency at e-stores, etc.)
- Cryptocurrency/token lending; it allows the traders earning a passive income — think of saving accounts with yearly interest, paid in crypto
That's impressive number of features! According to our statistics, 92% of the competition provide less services, many just allow the buying and selling, so this p2p marketplace is among the champions in this field!
Currencies & Payment Systems
Remitano provides the service of various cryptocurrencies exchange.
If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Most obscure cryptocurrencies to invest in 2024.
Remitano fees
Since Remitano is a P2P marketplace, every seller is free to set the fee he wishes. So the fee depends on the offer and can be virtually any amount, although most of the dealers charge very reasonable fees. It's a market, after all! Feel free to browse the offers to check the fees for your country, preferred currency and bank or payment system!
Buying and selling limits
The business model of P2P market is based on fact that every seller has his own terms of the trade. Hence we can't provide you with min/max amounts Remitano allows to buy and sell, it really varies from dealer to dealer. Please check it by yourself!
Supported countries
Platform allows the users from 107 countries to use the exchange. The following countries are supported by the p2p marketplace:
- Afghanistan (AF)
- Aland Islands (AX)
- Algeria (DZ)
- Andorra (AD)
- Argentina (AR)
- Australia (AU)
- Austria (AT)
- Bangladesh (BD)
- Belarus (BY)
- Belgium (BE)
- Benin (BJ)
- Bolivia (BO)
- Bosnia & Herzegovina (BA)
- Botswana (BW)
- Brazil (BR)
- Brunei (BN)
- Bulgaria (BG)
- Burundi (BI)
- Cambodia (KH)
- Cameroon (CM)
- Canada (CA)
- China (CN)
- Colombia (CO)
- Congo - Kinshasa (CD)
- Côte d’Ivoire (CI)
- Croatia (HR)
- Cyprus (CY)
- Czech Republic (CZ)
- Denmark (DK)
- Estonia (EE)
- Finland (FI)
- France (FR)
- French Guiana (GF)
- Gambia (GM)
- Germany (DE)
- Ghana (GH)
- Gibraltar (GI)
- Greece (GR)
- Guadeloupe (GP)
- Hong Kong SAR China (HK)
- Hungary (HU)
- Iceland (IS)
- India (IN)
- Indonesia (ID)
- Ireland (IE)
- Israel (IL)
- Italy (IT)
- Japan (JP)
- Kenya (KE)
- Laos (LA)
- Latvia (LV)
- Liechtenstein (LI)
- Lithuania (LT)
- Luxembourg (LU)
- Malawi (MW)
- Malaysia (MY)
- Malta (MT)
- Martinique (MQ)
- Mayotte (YT)
- Mexico (MX)
- Monaco (MC)
- Morocco (MA)
- Myanmar (Burma) (MM)
- Namibia (NA)
- Nepal (NP)
- Netherlands (NL)
- New Zealand (NZ)
- Nigeria (NG)
- Norway (NO)
- Oman (OM)
- Pakistan (PK)
- Papua New Guinea (PG)
- Peru (PE)
- Philippines (PH)
- Poland (PL)
- Portugal (PT)
- Qatar (QA)
- Réunion (RE)
- Romania (RO)
- Russia (RU)
- Rwanda (RW)
- San Marino (SM)
- Singapore (SG)
- Slovakia (SK)
- Slovenia (SI)
- South Africa (ZA)
- South Korea (KR)
- Spain (ES)
- Sri Lanka (LK)
- St. Barthélemy (BL)
- St. Martin (MF)
- St. Pierre & Miquelon (PM)
- Sweden (SE)
- Switzerland (CH)
- Taiwan (TW)
- Tanzania (TZ)
- Thailand (TH)
- Turkey (TR)
- Uganda (UG)
- Ukraine (UA)
- United Arab Emirates (AE)
- United Kingdom (GB)
- Vatican City (VA)
- Venezuela (VE)
- Vietnam (VN)
- Zambia (ZM)
- Zimbabwe (ZW)
Does Remitano allow the users from United States (US)?
Sorry, but the remitano.com can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of P2P Marketplace type, who warmly welcomes the American people! We can recommend you look at these:
Customer service
Verification at Remitano
The remitano.com may require the customers to pass through the user identification (account verification) process. The company may require you to verify some information about your identity; the details depend on order amount, exchange direction, payment systems used, etc.
And remember that since this is a P2P market, every seller or buyer creating an ad is free to determine his own terms. Some dealers require KYC, some — don't. You'll see all the details during an order creation.
According to the customers surveys results, the average time to verify an account at Remitano is the following:
Sorry, we haven't yet collected enough data. Do you know, how fast p2p marketplace does account verification? Kindly let us know, too. Thank you very much!
Deposit/withdrawal speed
Unlike all other exchange platforms, the P2P marketplace has almost no control over the funds delivery speed. In fact, it all depends on the dealer: if him or her will be fast, your monies are in wallet in no time. But if he/she is not — that's a completely different story!
The good thing is that you always can see the data about average escrow release, etc. before doing an exchange: choose the dealers with good feedback and nice stats and you should never ever have any problems!
Customers' testimonials
There are currently no users testimonials about the Remitano. Do you have any experience using this p2p marketplace? If you do, please say a couple of words about it!
FAQ about Remitano
Does Remitano holds my funds?
Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" Remitano holds your balance at it's own hot storage wallet. Funds are kept on the escrow accounts, this is how P2P markets operates; but it's much safer to store your funds at other place.
Is Remitano a good p2p marketplace?
Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is Remitano licensed? Does it hold e-money license?
It is not, although seems that such business model complies with the regulation in Remitano home country.
Does Remitano provide the mobile wallet apps?
It does! There are a mobile apps for popular mobile platforms available.
Does Remitano provide services for the merchants willing to accept crypto?
It is! You may accept payments in all the cryptocurrencies supported by the Remitano and get paid in fiat or your preferred crypto.
Does Remitano have any features like lending, deposits with interest, etc.?
It does! Feel free to check the exchange website to know the details.
Is Remitano a ripoff?
It is not a ripoff, although we have not rated Remitano yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Remitano legit or scam.
Remitano vs other exchanges
Let's compare remitano.com to other similar exchange services with more or less the same features: others of p2p marketplace type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 50 other cryptos, check the best rates to buy bitcoin and crypto in United States!
Remitano vs CEX
Let's compare the key features of these two platforms to see which one suits you best:
- CEX is a trading platform Remitano is a p2p marketplace, it has a different business model (feel free to read about the differences between trading platform and p2p marketplace)
- CEX had started the business July 2014 Remitano started the business April 2015 (cex.io is working for 8 months longer time).
- cex.io has all the required business licenses and permissions Remitano is an ordinary company without licenses, etc. (CEX's business model is more stable and safer for clients).
- Besides buying, selling and exchanging cryptocurrencies, cex.io provides the following extra services: Lending, Margin Trading, Faucets (small amounts of cryptos for free) and the Staking, MasterNodes, etc. (passive income opportunity) Remitano provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- CEX allows registrations from 224 countries; United States is among the supported ones You may register at Remitano if you reside in one of 107 countries; unfortunately, United States is not among the supported ones (Remitano supports less countries).
- During the account verification CEX usually asks for 3 documents and/or procedures (id verification, phone confirmation, selfie) and it takes a day or two in most of the cases User identification at Remitano usually consists of some (it depends) different procedures (Remitano's KYC policy requires the customer to take less actions or to provide less data).
Although the final decision, which exchange — CEX or Remitano — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Remitano vs Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
- Coinbase is a e-wallet Remitano is a p2p marketplace, it has a different business model (feel free to read about the differences between e-wallet and p2p marketplace)
- Coinbase had started the business June 2012 Remitano started the business April 2015 (coinbase.com is working for 2 years and 9 months longer time).
- coinbase.com has all the required business licenses and permissions Remitano is an ordinary company without licenses, etc. (Coinbase's business model is more stable and safer for clients).
- Besides buying and selling cryptocurrencies, coinbase.com provides the following extra services: ATM Cards, Merchant Services and the Staking, MasterNodes, etc. (passive income opportunity) Remitano provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- Coinbase gives the gifts to the customers Remitano has neither gifts or cashback available (Remitano & Coinbase both provide the same bonuses for customers).
- Coinbase allows registrations from 39 countries; United States is among the supported ones You may register at Remitano if you reside in one of 107 countries; unfortunately, United States is not among the supported ones (Remitano supports more countries worldwide).
- During the account verification Coinbase usually asks for 2 documents and/or procedures (id verification, phone confirmation) and it takes a day or two in most of the cases User identification at Remitano usually consists of some (it depends) different procedures (Remitano's KYC policy requires the customer to take less actions or to provide less data).
Although the final decision, which exchange — Coinbase or Remitano — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Remitano vs LocalCoinSwap
Let's compare the key features of these two platforms to see which one suits you best:
- LocalCoinSwap is a p2p marketplace Remitano is a p2p marketplace, both are using the same business model.
- LocalCoinSwap had started the business December 2017 Remitano started the business April 2015 (Remitano operates 2 years and 8 months longer).
- LocalCoinSwap is an ordinary company without licenses, etc. Remitano is an ordinary company without licenses, etc. (both exchange services operate using the same approach to the business, utilizing a same legal model).
- Besides the digital currencies exchange, LocalCoinSwap provides no extra services Remitano provides more exchange-related services: it just exchanges cryptos.
- LocalCoinSwap allows registrations from 255 countries; United States is among the supported ones You may register at Remitano if you reside in one of 107 countries; unfortunately, United States is not among the supported ones (Remitano supports less countries).
- During the account verification LocalCoinSwap usually asks for some (it depends) documents and/or procedures User identification at Remitano usually consists of some (it depends) different procedures (Remitano & LocalCoinSwap require the client to pass through the — more or less — the same process during the verification).
Although the final decision, which exchange — LocalCoinSwap or Remitano — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Remitano vs Paxful
Let's compare the key features of these two platforms to see which one suits you best:
- Paxful is a p2p marketplace Remitano is a p2p marketplace, both are using the same business model.
- Paxful had started the business May 2015 Remitano started the business April 2015 (Remitano operates 1 months longer).
- paxful.com has all the required business licenses and permissions Remitano is an ordinary company without licenses, etc. (Paxful's business model is more stable and safer for clients).
- Besides the digital currencies exchange, paxful.com provides the following extra services: Merchant Services Remitano provides more exchange-related services: it just exchanges cryptos.
- Paxful allows registrations from 255 countries; United States is among the supported ones You may register at Remitano if you reside in one of 107 countries; unfortunately, United States is not among the supported ones (Remitano supports less countries).
- During the account verification Paxful usually asks for some (it depends) documents and/or procedures User identification at Remitano usually consists of some (it depends) different procedures (Remitano & Paxful require the client to pass through the — more or less — the same process during the verification).
Although the final decision, which exchange — Paxful or Remitano — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Remitano vs Bitpapa
Let's compare the key features of these two platforms to see which one suits you best:
- Bitpapa is a p2p marketplace Remitano is a p2p marketplace, both are using the same business model.
- Bitpapa had started the business May 2020 Remitano started the business April 2015 (Remitano operates 5 years and 1 months longer).
- Bitpapa is an ordinary company without licenses, etc. Remitano is an ordinary company without licenses, etc. (both exchange services operate using the same approach to the business, utilizing a same legal model).
- Besides buying and selling cryptocurrencies, bitpapa.com provides the following extra services: Mobile wallet Remitano provides more exchange-related services: it just exchanges cryptos.
- Bitpapa allows registrations from 255 countries; United States is among the supported ones You may register at Remitano if you reside in one of 107 countries; unfortunately, United States is not among the supported ones (Remitano supports less countries).
- During the account verification Bitpapa usually asks for some (it depends) documents and/or procedures User identification at Remitano usually consists of some (it depends) different procedures (Remitano & Bitpapa require the client to pass through the — more or less — the same process during the verification).
Although the final decision, which exchange — Bitpapa or Remitano — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Conclusion: is Remitano legit or scam?
Now it's time to draw a conclusion, is remitano.com a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Remitano a rating, but according to our research it should be a good exchange. We have found no evidence that this p2p marketplace is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Remitano:
- Although it has no financial licenses, etc. such a business model complies with the regulation
- The p2p marketplace holds users' funds
- This company has being in the business for a long time; exchange was started 9 years ago
- Remitano accepts the clients from 107 countries; unfortunately, users from United States are not permitted to use the service