How to buy and sell crypto on remitano for beginners.

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Lead image source

First of all to begin trading with remitano you need to download the app from the Google play store of apple store before you can begin trading with them.

Image source;from Google play store.

After downloading the app you need to head on to verify your information before you begin trading with them,it won't take more than 20 minutes to get yourself verified,in just three steps you can do that.

To get yourself verified,remitano would need to verify the following;

  • Phone number.

  • Basic documents verification.

  • Documents verification e.g NiN for Nigerians.

  • Bank verification.

After filling in your info remitano would send you a message stating that you are verified you can also check it in the app by clicking on the three dot that right in the top corner of the app and click on verify account,it should look like this;

Image source:from remitano app.

Once it's showing those four verified you can then go to your wallet and choose your favourite coin which you want to sell or buy,there is a limited amount of coins you can trade there the available one's are Bitcoin, Bitcoin cash(BCH),Tether ,Binance coin (BNB),Ethereum ,litecoin ,ripple ,solana ,USD coin and last but not the list Binance USD (BUSD) those are the available one's available for trading on the platform hoping they add more coins to their list.

For buying crypto with remitano.

To buy crypto with remitano you need to deposit money into your remitano wallet to be able to buy any crypto,to do that you need to choose which crypto you are willing to buy and when you've chosen the one you want to invest on,you need to click on those three dots on the top left corner of your phone,it should look like this,

I highlighted it with black spot so after clicking on the three dot,the next thing to do is to click on the buy and sell option on your screen and you would be taken to a page that looks like this;

The minimum amount to trade is from 0.50$ upward but for withdrawal to your bank account you need to deposit at least $4 to be able to make a withdrawal to your bank,now for the buy method you need to type in the amount you want to buy and select the available merchant,that are online.

Note;the buyer can't run with your crypto as remitano would lock the coin until seller confirms payment and releases it so you can't be scammed.

You would be given a page like this once you've typed the amount you want to buy,there are alot of sellers online so tap the one that shows your bank name before you make deposit.

Once you've paid the seller and the seller confirms your payment he would release the crypto to you.

Closing thought.

Remitano also has an escrow service,for beginners you might wonder what an escrow service means,let me give a brief explanation about what it means.

An escrow service in simple terms is a third party which holds asset for two parties until they come to an agreement before the third party releases the fund to the two parties,the two parties there are the seller and buyer.

Nevertheless I forget remitano also has their native coin (RENEC)which you can mine and also refer your friends to get 20% commission for any referral.

Rest assured that this article went through plagiarism checker it's for the safety of everyone,you can find it here;

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All images are from remitano app.

Remember we are all satoshi,let's do our part to support the growth of BCH in our community.

Thanks for reading and have a wonderful day ahead πŸ€—πŸ’šπŸ‘Œ.

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Comments

That sounds interesting though based on the security measures, I think I should keep using Atomic Wallet since it gives me what I want especially making it possible for me to Stake coins

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1 year ago

If I will be using this app, I can use Remitano easily because of this easy to follow guide :)

$ 0.00
2 years ago

Some People are born with simplicity . No doubt you are born with it. The article was well written with simplicity. Direct and self-explanatory. Thanks immensely for this. Your experience is of immense benefit to all of us. Great of you. Keep it up.

$ 0.00
2 years ago

Is this app meant for only Nigerians or it can be used by anyone in the world? It looks cool sha, but I still prefer to use binance to buy and sell, but the only downside with binance is that it's not easy to get verified

$ 0.02
2 years ago

The app can be used by anyone around the globe,it's easy to get your account verified in just few steps.

$ 0.00
2 years ago

Haven't heard about that, and I believe it's not present in our place if I'm not mistaken. Above all, I love how you were able to explain the nitty-gritty of it.

$ 0.02
2 years ago

It should be available on your end they are available in so many countries worldwide...thanks for your words dear.

$ 0.00
2 years ago

Perfect explanation for them. One can understand it. Great work.

$ 0.02
2 years ago

Thanks buddy...I just hope I explained it better for beginners to learn from.

$ 0.00
2 years ago

This is a good "how to" for begginers... I love how you added appropriate screenshots.. good job :)

$ 0.02
2 years ago

Thanks for your words dearπŸ€—πŸ’š

$ 0.00
2 years ago

Thanks for that informative article. Is that the same with Bitcoin or coinsph?

$ 0.00
2 years ago

It's a trading platform where you can trade your coins on.

$ 0.00
2 years ago

I've heard about this app but I haven't used it once. It's good that it contains peer to peer method just like binance. You said it allows withdrawal to bank,,,,or it's same peer to peer withdrawal??

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2 years ago

You can withdraw using peer to peer and also let remitano make the withdrawal to your bank.

$ 0.00
2 years ago

Wow! This is good

$ 0.00
2 years ago

That seems great but I am worried about the verification thing and it looks strict and hard for those who have not bank accounts. Well, how is the withdraw fee on usdt ? Is that high or low ?

$ 0.01
2 years ago

The verification isn't hard as you think,just fill in your details and in less than 20 minutes you would be verified, remitano doesn't charge any fees if you are withdrawing to your bank account.

$ 0.00
2 years ago

Actually bank account is the main problem as I don't have one so there I will be stuck and is there any peer to peer transfer options?

$ 0.00
2 years ago

Yes there's a peer to peer option where you can choose the list of given banks for them to make the payment to.

$ 0.00
2 years ago

Oh I see! But what about transferring into other wallets? Without banks.

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2 years ago

Did you mean swapping with it?

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2 years ago

No I mean to send from this wallet to another wallet for transactions.

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2 years ago

It's a full Tutorial for me. Not much is known about cryptocurrency. But trying to learn.

$ 0.01
2 years ago

Good start on your crypto writing journey.

$ 0.02
2 years ago

Thanks for your kind words buddy.

$ 0.00
2 years ago