What is Remitano?
Remitano is a peer-to-peer cryptocurrency exchange platform founded in 2016 that allows users to buy and sell popular cryptocurrencies like Bitcoin, Ethereum, USDT, and more. It brands itself as a safe and easy way for emerging markets to participate in the cryptocurrency space.
Here are some key things to know about Remitano:
- Peer-to-peer model - Buyers and sellers trade cryptocurrencies directly with each other, with Remitano acting as an escrow service to ensure secure transactions.
- Focus on emerging markets - Remitano targets developing countries where access to traditional crypto exchanges may be limited. It supports many local payment methods.
- Web and mobile apps - Remitano offers web, Android, and iOS apps so users can trade crypto on desktop or mobile devices.
- Supported coins - In addition to BTC and ETH, Remitano supports USDT, BCH, LTC, XRP, TRX, and many other major cryptos.
- Security features - Remitano offers secure escrow via its clear websockets technology to protect user funds. It also has SMS verification, 2FA, and KYC.
- Reputation system - Its reputation rating system helps users identify trusted trading partners on the platform.
- Low trading fees - Trading fees are 0.5-1% per transaction, competitive with centralized exchanges.
In summary, Remitano aims to expand cryptocurrency adoption, targeting emerging countries with an easy to use peer-to-peer crypto exchange platform and trading support in multiple local currencies.