Owned by Babylon Solutions Limited, Remitano is a peer-to-peer cryptocurrency exchange that allows traders to buy and sell bitcoin easily and safely whilst providing users with 24/7 customer support, educational resources, and competitive fees.
Remitano Review, Pros & Cons
- Mobile trading platform
- Multiple digital assets
- A range of trading & learning tools
- Unregulated exchange
- No MetaTrader trading platforms
- Limited trading instruments
- Limited funding options
In this detailed Remitano review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Incorporated and headquartered in Seychelles, Remitano is a cryptocurrency exchange that was launched in 2016 and has garnered a global presence, with over 1.5 million traders from around 30 countries and more than $500 million worth of cryptocurrency exchanged. They provide traders with a sophisticated crypto trading platform that is also available as a mobile app for the trading of several digital currencies, such as Bitcoin, Chainlink, Cardano, Stellar, Ethereum, Monero, and more.
Remitano is operated by Babylon Solutions Limited, a company registered in Seychelles under the registration number: 168830. However, there is no regulatory information on the Exchange’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Remitano currently offers services in many countries, including Australia, Malaysia, Nigeria, Vietnam, Cambodia, China, and is growing every day.
Some Remitano features and products mentioned within this Remitano review may not be available to traders from certain countries because of legal restrictions.
The Exchange provides traders with the Remitano trading platform, which is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. The mobile trading app is designed with an easy-to-use interface to suit both beginner and the more advanced traders. Amongst other great functionalities, the Remitano mobile app offers the following benefits:
- Secure and simple sign-up and login process
- Two-factor authentication
- Supports trading of multiple cryptocurrencies
- 24/7 chat and push notifications to help avoid missing any trade
Remitano Trading Tools
Trading tools such as Trading API and NGN Wallets are provided by the Exchange to ensure traders get the best trading experience catered to their own individual needs.
Remitano provides clients with a good selection of educational resources to help them improve their trading knowledge. These include crypto news, press releases, FAQ section, and more.
The Exchange offers the following cryptocurrencies: Bitcoin, Chainlink, Cardano, Stellar, Ethereum, Monero, and more.
Remitano Accounts & Fees
Clients are offered a single live trading account option.
As broker fees can vary and change, there may be additional fees that are not listed in this Remitano review. It is imperative to ensure that you check and understand all of the latest information before you open a Remitano broker account for online trading.
Remitano offers a client support team that is polite and prompt in response. They can be contacted through the following channels: Telephone, Live Chat, Email, and Social Media.
Remitano Deposit & Withdrawal
Traders can deposit and withdraw funds via any of the following payment methods:
- Bank transfer
- Cryptocurrencies (Remitano Wallet)
Remitano Account Opening
You are required to simply click on the ‘Register’ button and fill in your email address in the box and click on ‘continue’. An email will be sent to your email address. Follow the link to complete the registration process. Alternatively, you can sign in using Google or Facebook.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Founded in 2016, Remitano is a peer-to-peer cryptocurrency exchange that allows traders to buy and sell bitcoin using a sophisticated trading platform that is also available as a mobile app. They provide traders with some trading and learning tools. However, they are not regulated, which could deter most potential traders from trading with them.
The trading of goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any currency – virtual or not – may be subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling, or trading anything on a market.