Review on Remitano by Aman Arora
Another Peer to peer Exchange services with Fiat deposits
Remitano is moreover a peer to peer marketplace and escrow service where payments are released with the agreement of concluded transaction from the receiving party. I seriously enjoy there services with regard to deposits and wirhdrawls of Fiat within India.
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Remitano has improved a lot since I started to use eth remitano for purchasing and selling of ether and also btc but now as improved escrow services they have added Ltc USDT and BCH as well. Beside adding new marketplaces Remitano has also started to offer a inbuilt Fiat wallet to be used for buying and selling of cryptos.
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You just need to Complete KYC and confirm bank details to withdraw and deposit using same bank in a secured manner. Exchange also provide feature of 2FA authentication IP lock facility in case of phishing attempts to login from other locations. BNB Cardano Ether classic and few other coins swapping facility has also been added but still you cannot deposit and withdraw these coins which is limited due to low volume swaps & requirements within the exchange.
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Transactions can be concluded with Escrow or you can simply create buy and sell orders with volume and Price of your choice but in order to get execution you need to offer substantial rates. You can directly deal with buy orders with the payment method of user's choice. I use paytm wallet and remitano fiat wallet to complete transactions. Exchange deposits and withdrawls fees are competitive but only issue you can have with using exchange is usually high and low price as compare to market price because remitano is primarily is known for users to make extra bucks by selling and buying cryptos.
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Pros
- Best for escrow services for p2p transaction for fiat transactions
- Services are offerred globally with very low bank deposits and withdrawls Fees
Cons
- High Prices set by users as buy and sell orders with exchange having no control
