Due to the ever-increasing volume of money transfers across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries without incurring the high fees charged by most traditional banks. Remitano exchange now doubles as both a speed bank and a digital store to mitigate against losses from inflation.
Free Remittance and Cheaper Average Costs for Global Money Transfers
As a result of the launch of Remitano’s international cash-out features, users can now transfer money to their families and friends across different countries multiple times faster than traditional banks and other payment platforms.
As you can see in the above table, Remitano fees are minimal and always transparent, unlike some other Remittance providers with additional charges upon usage. Remitano is a peer-to-peer crypto exchange that continuously seeks to use blockchain technology to improve international money transfers therefore creating seamless fiat transfers across borders.
How to use the “Cash-out Internationally” feature
This newly launched feature simply helps you convert from one currency to another, and then send the money to your friends and family in another country without going to the bank. Remitano exchange provides a secure and fast means to set up and make payments in local currencies. The equivalent amount is sent securely from your fiat wallet to the recipient’s wallet.
Why Choose Remitano Exchange over Other Remittance platforms?
Besides 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 reason why citizens of these countries are turning to cryptocurrency. The absence of proper banking facilities makes it harder for citizens to open bank accounts and make swift international payments.
By proactively implementing this payment feature on Remitano, they are able to provide users with these benefits:
1. Lower Transactions Fees and Reduced Time
Remitano newly launched “cash-out Internationally” feature helps to overcome the disadvantages of traditional international money transfers, such as expensive transaction fees, complicated transfer procedures, and long transaction time.
2. Instant Deposits and Withdrawals
Deposit or withdraw funds with ease, and take advantage of instant internal transactions across all cryptocurrencies using instant trading tools. 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 via their bank accounts and meeting their remittance needs. Unlike other platforms, a deposit or withdrawal reversal on Remitano happens only when a scheduled bank transfer is canceled for insufficient funds or various other reasons.
3. Extremely User-friendly Interface
Experience 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.
Remitano is a product of Babylons Solutions Limited based in Seychelles. Remitano’s purpose is to offer a robust, quality trading experience to all users as a fast-moving marketplace. With necessary safety standards in place, buyers and sellers can come together, store, trade, and withdraw assets, thus avoiding issues common to other crypto exchanges.
Launched in 2014, Remitano is a global cryptocurrency exchange serving international markets, such as Malaysia, China, Nigeria, Vietnam, Australia, Cambodia, and Indonesia.
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