Apart from the growing inflation on currencies around the globe, the lack of proper banking access and remittance platforms in some third-world countries seem to be one strong reason why the citizens of these countries are rapidly embracing cryptocurrency. It is clear that the absence of proper banking facilities makes it harder for citizens to open bank accounts and make swift international payments. On the other hand, Remitano provides users with the following benefits:
1) Instant Deposits and Withdrawals
Remitano makes it very easy for you to deposit and withdraw funds at will. Also, it allows you to take advantage of instant internal transactions across all cryptocurrencies using instant trading tools. Note that this feature is particularly relevant right now, given that uneven income earners in some parts of the world are having a hard time getting paid through their bank accounts and meeting their remittance needs. Unlike other remittance platforms, a deposit or withdrawal reversal on Remitano happens only when a scheduled bank transfer is canceled for insufficient funds or other reasons.
2) Lower Transactions Fees and Reduced Duration
Amazingly, Remitano newly launched “Cash-out Internationally” feature helps to overcome the disadvantages of traditional international money transfers, such as expensive transaction fees, long transaction time, and complicated transfer procedures.
3) Extremely User-friendly Interface
Remitano offers an easy-to-use website and app interface that provides a quality experience. From fiat wallets to deposit and withdrawal tools, you can find what you need within the blink of an eye.
What you should know about Remitano
Remitano was launched back in 2014 as a global cryptocurrency exchange serving international markets, such as Indonesia, Malaysia, China, Vietnam, Australia, Cambodia, and Nigeria. It is a product of Babylons Solutions Limited based in Seychelles. Its purpose is to offer a robust, quality trading experience to all users as a fast-moving marketplace. Given the necessary safety standards put in place, buyers and sellers can come together, trade, store, and withdraw assets.