The platform has been operating since 2014, which is a very solid period of time for cryptocurrency services. At the moment, trading is supported in 50+ countries. There is an app for iOS and Android.
Among the features - you can buy and sell BTC for gift cards. For example, exchange an unwanted iTunes card for Bitcoin or buy a card for shopping on Amazon for crypto.
There is also automatic trading on the platform. To do this, you need to top up your fiat wallet by depositing funds on the platform with a direct bank transfer. Opening a transaction with a maker on P2P, the user instantly receives the cryptocurrency, and the payment is deducted from the fiat account. There is no need to wait for the maker to verify their bank account, everything happens automatically. So far, this option is available for the markets of Nigeria (NGN), South Africa (ZAR), Malaysia (MYR), Ghana (GHS), Kenya (KES) and Tanzania (TZS).
Additionally, users can add assets to cryptocrypto or crypto fiat liquidity pools to earn passive income.
The commission on P2P is 0% for takers and 1% for makers. You can trade without verification, but you need to pass KYC to access all features and remove restrictions.
Level 1 - Phone number verification
Level 2 - Document Verification
Level 3 - Face Authentication*
Level 4 - Certificate** or experience on Remitano***
Level 5 - Certificate and experience on Remitano***
**P2P trading is available.
**Certificate can be obtained from Remitano users who have KYC level 4 or higher. Can also be obtained by submitting additional documents.
***Registration of one year or more, trading experience of 6 months or more with proven trading volume on Remitano
The higher the KYC level, the higher the trading, deposit and withdrawal limits.
KYC conditions on Remitano
About regulation
Restrictions
The use of Remitano is restricted in the territories of Cuba, Iran, North Korea, Crimea, Syria, Donetsk, and Luhansk.