How to Sell Crypto on Remitano

Selling cryptocurrency on Remitano is a straightforward process, but knowing the steps can help ensure a smooth transaction. Remitano is a popular peer-to-peer (P2P) trading platform that allows users to buy and sell various cryptocurrencies. Here’s a detailed guide on how to sell crypto on Remitano:

1. Create and Verify Your Account
Before you can sell crypto on Remitano, you need to have an account. If you don’t already have one, follow these steps:

• Sign Up: Go to the Remitano website or download the app and sign up using your email address or phone number.
• Verify Your Identity: For security and compliance reasons, you’ll need to verify your identity. This typically involves providing a photo ID and proof of address.

2. Deposit Crypto into Your Remitano Wallet

• Log In: Access your Remitano account and go to the ‘Wallet’ section.
• Select the Cryptocurrency: Choose the crypto you want to sell from your wallet.
• Deposit: If you haven't already deposited your crypto, follow the instructions to transfer it from your external wallet or exchange to your Remitano wallet. Ensure you follow the deposit instructions precisely to avoid any issues.

3. Create a Sell Order

• Go to the Sell Section: Navigate to the ‘Sell’ section of Remitano.
• Choose Cryptocurrency: Select the cryptocurrency you want to sell.
• Set the Price: You can choose to sell at the market price or set a custom price. If you set a custom price, be aware that it might take longer to find a buyer.
• Specify Amount: Enter the amount of cryptocurrency you want to sell.
• Add Payment Details: Provide the payment method you want to use for receiving funds. Remitano supports various payment methods, including bank transfers and other local payment options.

4. Review and Confirm Your Sell Order

• Check the Details: Before confirming, review all details of your sell order, including the amount, price, and payment method.
• Confirm: Once you’re satisfied, confirm the order. Your listing will now be visible to potential buyers.

5. Complete the Transaction

• Wait for a Buyer: Buyers will see your listing and initiate a purchase if they are interested.
• Communicate with Buyer: Remitano has a chat feature to facilitate communication between buyers and sellers. Be prompt in responding to any queries.
• Release Crypto: Once the buyer has made the payment and you have confirmed receipt, release the cryptocurrency from escrow to the buyer. Ensure that you verify the payment before releasing the crypto.

6. Withdraw Funds

• Go to the Wallet: After the transaction is complete and the funds are available, navigate to the ‘Wallet’ section.
• Withdraw Funds: Choose the ‘Withdraw’ option and select your preferred payment method. Follow the instructions to transfer the funds to your bank account or another preferred payment method.

7. Tips for Selling Crypto on Remitano

• Check Buyer Reputation: Always check the reputation and feedback of buyers to avoid scams.
• Be Prompt: Fast responses can help in completing transactions smoothly and avoiding disputes.
• Use Secure Payment Methods: Choose secure payment methods and be cautious of fraud.

By following these steps, you can sell your cryptocurrency on Remitano efficiently. Always ensure that you’re cautious and verify all transactions to protect yourself from potential issues.