Trading Tips for Newbies on Remitano by Sheu Fattah

Discussion • 2020/07/02 • by
fattah44

Remitano is a platform that allows individuals to trade Cryptocurrencies, it is a platform that is seriously underused in this part of our world as it gives full power to the buyers and sellers to make a trade using an intermediary escrow for additional security. It quickly connects buyers and sellers to make safe transactions. Remitano is an interesting and lovely platform but stays tuned to this write-up as I will be giving tips to newcomers on how to make use of the platform efficiently.

To start with, if you are a newbie here, it means you already have an account on remitano, so I will start with how you verify your account because you won't be able to make a trade if you haven’t verified your account.

To get your account verified;
• Log in to your account with the email you registered with because each time you want to log in a verification mail will be sent to you to make sure it isn’t a third party that wants to make use of your account.

• Go to your account segment, there you will see profile, settings and verify account. In the profile segment, you verify your Identity and Residence proof, Bank verification, Phone number, Facebook, Twitter. Also there in the segment there what is called Peer certification.

• Fill in this information and Upload the required document afterwards upload a selfie of yourself holding the passport or driver’s license, making sure that all the requires details are shown.

• Then you should write “Remitano verification” on a piece of paper, then place your primary identification on that piece of paper and upload a photo of that, after that you upload a photo other identification.
If all these steps are followed and your account is successfully verified then nothing can stop you from enjoying interesting features on remitano such as buying and selling of Bitcoin/Ethereum, features like Remitano invest, Remitano swap features, Remitano wholesale, The P2P features among others. Now let’s take them one after the other.

Now let’s get started into the adventure of trading at Remitano, Remitano, as I have said in my opening, uses an intermediary escrow system for additional security but that doesn’t stop you to be extra careful when handling money and bitcoin, I can tell you from my experience that there are scammers out there and you really need to be careful. I have learnt from my mistakes and I will be guiding you here with tips on how to make safe and successful transactions.

Trading here is just like the trading you know, so what remitano does is that it links buyers and sellers so they can make swift transactions without stress and if everything goes well within fifteen minutes you are done. So what you do is to check through the list of buyers and sellers on the p2p exchange page, on the list, you will see how much a buyer wants to buy a certain amount of cryptocurrency and the payment method of the buyer or seller and also some other vital information. So having checked the list and found whichever buyer or seller you are okay with then you select an order indicating where you want the money or the cryptocurrency to be sent. There is something called payment window once the two parties agree to make a transaction and that is how long you have to transfer either the money or the cryptocurrency, so the seller sends the money to the escrow account and waits for the buyer to transfer the money to him/her and if the payment is confirmed he/she releases the crypto from the escrow account to your wallet. Both parties have fifteen minutes to sort themselves if not the funds will be reversed. But as I have said from the beginning that I will be giving tips to help you guys I will do so to this also.

Tips to take note of when buying crypto;
• Get more than enough money to buy your desired amount and to cover the transaction charges and take your time to browse through the buyers and check for the one that uses the same bank as you for a quick transaction.

• The most important step is to check the wallet address of the seller to ensure there is no mistake and if you find any, DON’T continue with the trade. I repeat - stop the trade immediately and report, this is to make sure you don’t run into scammers.

Tips to take note when selling crypto;
• To ensure the second tip above is avoided ensure you copy your wallet address without any mistake.
• Always be truthful in every transaction.
• Always remember to be open and transparent in all your transactions, don’t confirm you have received payment when you haven’t and don’t forget to confirm you have received it when you have.
• Always be careful in your transactions.

Having known all these lets now go to the more interesting part on Remitano, stay tuned…

Interestingly, if you have a coin and you are thinking of investing in other currencies instead of selling the crypto you have and using the money you to invest which is a stressful process you can just swap the cryptocurrencies on remitano using The Remitano swap features, cool right? Yeah I know it’s cool, but the amount you receive might be a bit different because of the market at that moment and the exchange fee is just 0.25% which will be deducted from the estimated value when you open a swap order, interesting, isn’t it? So to enjoy this feature;

• Just go to your account and click wallet in the dashboard dropdown.
• Look for the coin you want to swap and you will see the deposit, withdraw and swap options, click on the swap box.
• Select the coin you want to change to.
• Enter the amount you want to swap and click the swap box.
• Confirm or cancel if you don’t want to continue.
• Once you click confirm, it will be processed immediately and you can check your balance within a minute after confirmation.

Another interesting thing is you can use the swap feature as much as you want.

Intriguingly, you haven’t gotten to the most important part, now let talk about remitano invest, Remitano out of its benevolence understands the importance of financial freedom and is giving people like us the power to liberate ourselves through remitano invest, it has really helped me personally because I invest in Altcoin and just wait for the profit and the good thing is that it is easy to use. I invest with USDT, the profit is in USDT and is usually credited to my balance when the investment is closed. The valuation of your investment will be life updated. Just pick the altcoin you would like to invest, enter the amount and click create investment, and monitor your investment from your dashboard, that is all I do and investment is set.

Lastly, what I will be briefing is The Remitano wholesale, although, I haven’t gotten myself dirty with that it is an interesting feature for the business-oriented, very soon I will get my hands dirty on that. So basically what it entails is buying bitcoin in bulk as wholesale then sell it in a bit to people in need of it.

In conclusion, I hope you enjoyed reading through this as I have given tips on how to use remitano successfully based on my own experience if you follow this steps I can guarantee you easy and safe journey through remitano. Thanks very much for your patience and have fun on the platform.

Comments (3)
Guest
guxcman
6 years ago
Noted
exodusab
6 years ago
good to note
wahidaja
6 years ago
Thanks!
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