Remitano stands out as a peer-to-peer (P2P) cryptocurrency exchange with a decade of experience, offering secure trading, token swaps, and multiple earning avenues. While it’s not available in the U.S., its intuitive interface and robust features make it a viable choice for global traders.
Key Takeaways
- ✅ P2P-focused platform with escrow protection for secure trades.
- 🔄 Token swapping across 30 cryptocurrencies and 7 fiat currencies.
- 💰 Earn crypto via liquidity pools, lending, referrals, and mining.
- 🛡️ Enhanced security (cold storage, 2FA) post-2024 breach.
- ⚠️ Limited U.S. availability and token selection (30 supported).
What Is Remitano?
Founded in 2014 by Babylons Solutions Limited, Remitano simplifies crypto-to-fiat transitions with a user-friendly platform. It supports:
- P2P trading with negotiable prices.
- Token swaps (crypto/fiat).
- Social features: Active on Telegram, Discord, and X.
Global reach: 6M+ users across 50+ countries (e.g., Vietnam, Nigeria, South Africa).
Pros vs. Cons
✅ Strengths
Security Upgrades
- Cold wallets for 95% of funds.
- Bug bounty program (up to $10K rewards).
P2P Trading
- Dynamic/fixed pricing options.
- Multiple payment methods (bank transfers, PayPal, etc.).
Earning Features
- Liquidity pools (0.25% fee rewards).
- Referral program (40% commission).
❌ Limitations
Regulatory Uncertainty
- No U.S. compliance (unlike Coinbase/Kraken).
Limited Crypto Support
- Only 30 tokens (missing meme coins like PEPE).
Fee Structure
| Service | Fee |
|------------------|-------------|
| P2P Trading | 1% |
| Token Swaps | 0.25% |
| Deposits/Withdrawals | Free* |
*Third-party bank fees may apply.
How to Use Remitano
Step-by-Step Guide
Sign Up
- Email/Google/Facebook signup → Verify account.
Buy Crypto via P2P
- Create a fixed-price ad → Set payment terms → Escrow locks funds until confirmation.
Swap Tokens
- Choose "Market Price" for instant swaps or "Your Price" for limit orders.
FAQs
1. Is Remitano safe?
Yes, post-2024 security upgrades include cold storage and 2FA.
2. Can U.S. users access Remitano?
No—platform lacks SEC compliance.
3. What coins are supported?
BTC, ETH, XRP, and 27 others (no PEPE/HOSKY).
4. How do liquidity pools work?
Deposit crypto/fiat pairs → Earn 0.25% fee shares.
5. Are there referral rewards?
Yes—earn 40% of referees’ trading fees.
Final Verdict
Remitano excels in P2P trading and accessibility but falls short in token diversity and U.S. reach. For alternatives, consider Binance or Kraken.
Disclaimer: This content is informational only. Conduct independent research before investing.