What is Remitano? How To Register On Remitano? How To Buy And Sell Bitcoin On Remitano?
Remitano is a product of Babylon Solutions Limited – incorporated in Seychelles. The company is a peer-to-peer cryptocurrency trading platform available online and via mobile app. It lets you connect with other cryptocurrency buyers and sellers to make trades using an intermediary escrow system for added security.
How to register on Remitano
Remitano uses the Password-less login technique, in which the user gets a secured login link via email instead of the traditional email/password login method. As such, users only need to secure their email accounts without having to remember or expose their passwords in another account.
Password-less method is more secure than traditional email/password method, because: If hackers get your email, they can still ask for a new password of the 3rd party’s account -> It is safer if users don’t expose their email/password on the 3rd party.
To register a new Remitano account:
1. Open a web browser and launch the Remitano webpage: remitano.com
2. Click “Login / Register” on the top right corner of the main page.
Enter your email in the box as shown below and click “Continue”
After clicking “Continue” the configuration shall be as below:
An email from Remitano shall be sent to your mail account. Open it and click “Log me in Remitano” as in the pic below:
Fill in your username and click “Continue”
Then, the registration process is completed and you are able to trade. However, you should update your account information to be more convenient during the transaction. (Settings -> Profile and update your information).
Referral code: https://remitano.com/join/335922 (you can get 40% commission).
How to protect Remitano account or enable two factor?
Two-Factor Authentication is a very secure way to protect your online accounts. It works by requiring you to identify yourself using two different things when you log-in to a site. The second factor is tied to something ‘you have’ (like a cellphone). So you can think of two-factor as something you know (your password) + something you have (your cellphone).
To protect your account in most safety, you need to enable two factor for your account in Remitano and your personal email.
- ENABLE TWO FACTOR FOR YOUR ACCOUNT:
- Click on Settings
- Click on Enable Two factor Authentication
- Download Authy app, and scan the bar-code to get the Code
- Input the code you got from Authy in the space provided
You can download Google Authenticator here.
How to Verify your account (KYC) on Remitano
Next is for you to click on PROFILE and Add your full name. The PROFILE is yours to customize. But note that details you will provide here should be same with the documents you plan to use in verifying your account.
Then you will need to add your phone number. Click “ADD PHONE NUMBER” and type your phone number then click “CONTINUE“.
Finally, you need to upload a valid government-issued ID card, Voters card, National ID card, International passport, Drivers License or even your Work ID card. Please note that the name you type in step 2 above must be the one in the ID card you want to upload else your account won’t be verified.
Please note that to verify your Remitano Account they might require you to take more pictures of your documents. Just follow the instruction on the Remitano Website and your Remitano Account will be verified with ease.
You have to wait 1 day – 7 days to confirm the account form Remitano.
How to Buy and Sell Bitcoin on Remitano
To buy Bitcoin follow these steps:
From the home page, scroll down, Find 1 seller from “List of sellers” (You want to buy Bitcoin?) and press “Buy”
Enter amount of coin you want to buy and press “Buy BTC” to open the transaction.
Note: “Amount limits” is the minimum and maximum limit that the seller (ad creator) wants to trade. You can only trade within this limit.
Payment method: Seller’s transaction bank.
- Your Remitano wallet: when selecting this section, the BTC after purchase will be credited to your Remitano Wallet.
- Your personal BTC wallet: when selecting this section, BTC will be sent to the address you provided.
Copy payment details of the seller from the trade page. Access your internet banking and pay seller through INSTANT TRANSFER. You must make payment within the specified time period.
Press the [I have paid seller] after successful payment and wait for the seller to confirm. You will lose money if you don’t press it.
Note: Never Cancel the trade if you already paid. Because the trade cannot be reverted after completed.
To sell Bitcoin follow these steps:
From the home page > scroll down, find buyer from “List of buyers” (You want to sell Bitcoin?) and click “Sell”.
Enter amount of coin you want to sellEnter amount of coin you want to buy and press “Buy BTC” to open the transaction.
Note: “Amount limits” is the minimum and maximum limit that the buyer (ad creator) wants to trade. You can only trade within this limit.
Payment method: Buyer’s transaction bank.
Enter your payment details for the buyer to pay and click “Continue”.
If you already have an BTC available at Remitano Wallet, the transaction will automatically switch to waiting for the buyer to pay.
If you do not have ETH available at the Remitano wallet, please deposit ETH to the address provided in the transaction (This is the ETH address of Remitano used to secure the transaction.)
Wait for the buyer to transfer money into your account. When you receive money, click on “I have received payment” to release bitcoin for buyer.
Note : Do not confirm payment until you are absolutely sure that you received money. Because the trade cannot be reverted after completed.
Thanks for reading and enjoy your trade.
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