How to withdrawal cryptocurrency to money (FIAT) in UK and other countries.
There is few options to sell or buy cryptocurrency, it is not always easy, but if it is, mostly transaction is with high fees.
In this article i would like to present Remitano.
What is a Remitano?
Remitano is p2p marketplace where you can buy or sell Bitcoin, Ethereum and Bitcoin Cash.
Remitano is Completely Independent from Traditional Banking Partners
Operating in 60+ countries
Exchange for Bitcoin, ethereum, bitcoin cash
Fees:
0,5% transaction
Registration:
Go to www.remitano.com
Firstly you need to register, to be more trustworthy you should do verification of your acoount. You need to provide two personal documents such as ID, driving licence etc, you'll need to do selfie with ID at front of you and also photo with your ID on printed or signed sheet with text on it „Remitano verification”.
How i can buy?
- Find interesting offer for you and click buy, choose the amount which you want to buy and send money via transfer bank to the seller.
- Otherwise if any offer is not good for you, you can place your own offer, and wait for someone who would like to sell it's bitcoin to you.
At picture i have marked with light blue areas which i describe below:
List of sellers – this the place where we can see offers from seller and their prices.
We can see that seller „omo2” placed his sale of amount of 0.01930198 BTC at the price 6.800.60 USD per 1 BTC.
Also that seller is marked as a slow seller which probably means that transaction with him is not very quick.
Another information is about bank which seller using.
How to sell ?
Process of selling your Bitcoin is bit diferent.
You can sell your Bitcoin through the buyers offer, if any offer meets your requirments.
(as we can see below this is a new buyer, he can buy maximum of 2.020 BTC for price 4,666.15 per 1 BTC via bank transfer HSBC.
or
Create your own offer:
- Firstly you need to advertise your offer.
- Then you need to send btc or eth to wallet in Remitano – if you not send it, your offer will not appear in marketplace.
How to create offer for buy or sale ?
- Click te button - create advertisment.
- Choose buy or sell.
- Set your price.
- Set amount of cryptocurrency which you would like to buy.
- You need to provide your bank details where you want to get transfered money if you sell.
Is it safe?
When you open a trade, the specified amount of Bitcoins you wish to buy are transfered from the seller's wallet and held locked on Remitano's escrow service. Now you can send payment to the seller without being worry of not receiving Bitcoin.
Remitano has got 4 stars of 5 on TrustPilot.
