Remitano Review – Is Remitano Legit?

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Remitano REVIEW

Summary

Remitano is an established escrow crypto trading platform

Read 100% Free Remitano Review by Scamorno Team

Details

System Remitano
Website URL www.Remitano.com
Trial Start Trial
Overall Score 9.3/10

FULL REVIEW OF Remitano

Would you like to find out more about Remitano before you risk any money buying or selling crypto assets on the platform? Let’s check out what is good and bad about the service.

Remitano service is available in many countries such as the United States, UK, Australia, Malaysia, Nigeria, Vietnam, Cambodia, India, China, Tanzania, Taiwan, Sweden, and Ghana. They target a global expansion, so you can expect see many more countries in the upcoming time. At the moment, this is a very busy and popular service in some developing countries such as Vietnam, Malaysia, or India.

Review Verdict: Remitano is a legitimate platform that works

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How Do You Trade On The Remitano Platform?

Members required to have a local bank account to trade Bitcoin and other supported cryptocurrencies on Remitano. The service operates without the need of a bank, you will not need to verify a bank account. However, you require to have a bank account to send money to buyers or receive money from sellers.

Surprisingly, this new service provides an awesome customer support as we are not used to this when it comes to cryptocurrency platforms. When you have any query or issue that needs to be resolved, you simply need to open the live chat window and a representative will chat with you shortly.

So Does Remitano Really Work?

Since this is an escrowed Bitcoin exchange, their processing time varies depending on buyers/sellers. We often transfer money online via a bank account, so that a transaction is completed within the next few minutes, as soon as a seller/buyer confirms the payment. The bitcoin is locked by the Remitano platform during the period. I haven’t got any fraud on this website at all; In case there is a dispute, both parties will need to provide evidence to prove if they have received/sent the payment.

Remitano charges a fee of 0.5%, which is lower than most other platforms. The prices here will generally be slightly higher than the market price most of the time. We sometimes had to pay a markup of at least 10% when the market gets hot, so we prefer trading on the platform when the market is not as hot. On the plus side, that also means you can sell your Bitcoin for a better price on Remitano.

Update: They have increased the fee to 1% as of August 2017

https://www.youtube.com/watch?v=8m8hRUdytyg

Review Verdict: Remitano is a legitimate platform that works

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Consumer Alert Regarding Remitano

The success of Remitano has given rise to many frauds who try to sell their own fake platforms in its name. This is a big issue as many customers have lost their money in buying from such fake sites. It is advised that customers should be really careful when they are purchasing and should do some research before they buy from any website. To spot these, watch out and avoid sites that claim to write about Remitano, yet the write-up is completely garbage as they are created by software and spammed all over the internet, or offering fake discounts. It is always better to avoid buying from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://Remitano.com/Official (link opens in a new window). The official website that they have includes the legitimate platform.

Conclusion about Remitano

bestchoiceOverall, we have found that Remitano is a great way to buy and sell Bitcoin in developing countries. This is a pretty basic P2P marketplace that is somewhat similar to LocalBitcoins, except that you need a bank account to send/receive money. If you would like to start trading Bitcoin or other cryptocurrencies from one of the more reliable platforms online now, we highly recommend you to learn more about Remitano at the button link below!
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