Top 5 Remitano Alternatives You Need To Start Using

Today, I will show you 5 alternatives to Remitano.

Without any doubt, Remitano is one of the best exchanges. In fact, it holds the first position when it comes to trading volume in Nigeria.

However, it does not mean you shouldn’t have options. Or, does it?

You know what they say, “do not put all your eggs in one basket”. And no exchange has it all, not even Remitano (LOL).

By the end of this post, you will know 5 other exchanges similar to Remitano that you can try.

Let’s dive right in!


Post Summary

Feel free to click on the sub-topic you wish to read immediately.

Enjoy!


Brief Overview Of Remitano

Remitano, a product of Babylon Solutions Limited, is the most frequently used peer-to-peer exchange in Nigeria.

It provides an escrowed P2P platform that connects buyers and sellers so they can negotiate on a price.

The company has a customer base of 1.5M+, is supported in more than 30 countries, and supports the following cryptocurrencies:

You can read our extensive review of Remitano here.

Without any further ado, let’s attend to what brought us here. Shall we?


Top 5 Remitano Alternatives

Paxful
paxful
4.7 Star Rating
Supported Countries: All
Transaction Fee: 5%
Binance P2P
Binance
4.5 Star Rating
Supported Countries: 180
Transaction Fee: Nil
CoinCola
coincola
4.8 Star Rating
Supported Countries: 140
Transaction Fee: 0.7%
LocalBitcoins
localbitcoins logo png
3.8 Star Rating
Supported Countries: All
Transaction Fee: 1%
Cryptolocally
Cryptolocally logo
4 Star Rating
Supported Countries: All
Transaction Fee: 0.5%

1. Paxful

paxful remitano alternative

The first Remitano alternative on my list is Paxful, an excellent P2P exchange that is based in the USA.

It was founded in 2015 by Ray Youssef and Artur Schaback.

Services offered by both Paxful and Remitano apart from P2P are Wallet and Affiliate program.

With respect to supported countries and payment methods, Paxful has an upper hand over Remitano.

But when you are considering supported cryptos, transaction fees, and customer support, Remitano does better.

It is relatively cheaper to trade in Remitano than in Paxful with the former supporting up to 6 cryptos. Paxful supports only BTC.

So, if you are looking to trade only BTC, Paxful is a good option. It is also easier to trade with Paxful if you are in the US.

On the other hand, Remitano will be a faster option for persons living in Africa.

Want to read our head-to-head comparison of Remitano and Paxful? Then click here!

REMITANOPAXFUL
Exchange
Type
P2PP2P
Supported
Cryptos
BTC, ETH, LTC,
BCH, XRP, USDT
BTC
Supported
Countries
58 CountriesAll except OFAC
banned countries
Payment
Methods
Fiat currencies
(varies with
users country)
More than 300
Transaction
Fees
1%0.1 – 5%
Verification
Requirements  
ID card
Selfie
Date Note
Phone number
Email
ID card  
Customer
Support
ExcellentAverage
Mobile AppYesYes

Visit Paxful

2. Binance (P2P)

binance as remitano alternative

Binance is a very popular cryptocurrency exchange with excellent trading services.

Not long ago, it included P2P trading as one of its services. And Nigeria is the first African country to enjoy this service.

On the Binance P2P platform, users can buy/sell cryptos with other users and verified merchants. This platform also features an escrow system and 24/7 customer support.

Users are also allowed to become P2P merchants. Thus, they can post trade ads and earn money.

Just like Remitano, transactions on this platform are fast and secure.

If you are looking to accept cryptos in your business, then Binance P2P is a good option for you.

It features a Business-2-Consumer model which is not available on Remitano.

REMITANOBINANCE (P2P)
Exchange
Type
P2PP2P
Supported
Cryptos
BTC, ETH, LTC,
BCH, XRP, USDT
BTC, BNB, BUSD,
ETH, EOS, USDT
Supported
Countries
58 Countries30 countries
Payment
Methods
Fiat currencies
(varies with
users country)
Bank transfer
Credit/Debit card
Cash deposit, etc.
Transaction
Fees
1%Nil
Verification
Requirements  
ID card
Selfie
Date Note
Phone number
Email
ID card  
Customer
Support
ExcellentGood
Mobile AppYesYes

Visit Binance

3. CoinCola

coincola

Thirdly, on my list of Top Remitano Alternatives, we have Coincola.

It gained recognition in the Nigerian market in 2019 and has its headquarters at Hong Kong.

Coincola supports more cryptos and payment methods than Remitano.

If you stay in Nigeria, Coincola has services that you will benefit from like its OTC Crypto Trading and Gift cards exchange.

Both platforms allow you to buy cryptos using your local fiat currency.

While Remitano offers lower transaction fees, Coincola has more trading options.

Also, if you wish to exchange crypto for crypto, Coincola will come through for you.

Additionally, Coincola supports the Peer-to-Peer exchanges of gift cards. You can exchange bitcoins for any of the following Gift cards:

  • Amazon gift card
  • iTunes gift card
  • Steam Wallet Gift Card
  • Google Pay Gift Card
  • eBay Gift Card
  • Walmart Gift Card
  • Sephora Gift Card
REMITANOCOINCOLA
Exchange
Type
P2PP2P
Supported
Cryptos
BTC, ETH, LTC,
BCH, XRP, USDT
BTC, ETH, XRP, GUSD
BCH, LTC, DASH, USDT
Supported
Countries
58 CountriesOver 140 countries
Payment
Methods
Fiat currencies
(varies with
users country)
Wire transfer
Cash deposit
Transaction
Fees
1%0.7%
Verification
Requirements  
ID card
Selfie
Date Note
Phone number
Email
ID card  
Customer
Support
ExcellentExcellent
Mobile AppYesYes

Visit Coincola

4.   LocalBitcoins

localbitcoin remitano

We have here another P2P exchange that passes as a top Remitano alternative.

For example, the exchange rate in both platforms differ from country to country. And sellers are levied 1% transaction fees.

However, LocalBitcoins does better than Remitano in more ways than one.

First, it supports all countries while Remitano supports only 58. Also, it accepts more payment options than Remitano that accepts only one.

Meanwhile, Remitano supports more cryptos, offers more services, and higher security.

REMITANOLOCALBITCOINS
Exchange
Type
P2PP2P
Supported
Cryptos
BTC, ETH, LTC,
BCH, XRP, USDT
BTC
Supported
Countries
58 CountriesAll
Payment
Methods
Fiat currencies
(varies with
users country)
Bank Transfer
Paypal
Money gram
Cash Deposit
SEPA
Neteller, etc.
Transaction
Fees
1%1%
Verification
Requirements  
ID card
Selfie
Date Note
Phone number
Email
ID card
Proof of Residency
Customer
Support
ExcellentGood
Mobile AppYesNo

Visit LocalBitcoins

5. CryptoLocally

CryptoLocally, formerly known as EOSlocally made it to my list of top Remitano alternatives.

This exchange allows you to buy/sell cryptos and create orders. And you can do all of that using your local fiat currency.

CryptoLocally supports more cryptos than Remitano including EOS, WAX, USDJ, USDC, TRX, TLOS, SENSE, BOS, JST, GIV, EOSDT, BNB, BUSD, BTC (BEP-2), ETH (BEP-2), DAI, USDT(ERC-20, TRC-20), ETH.

Also, this platform charges lower fees and supports more countries.

It was founded by Hugo Campanella, with headquarters at Hong Kong.

REMITANOCRYPTOLOCALLY
Exchange
Type
P2PP2P
Supported
Cryptos
BTC, ETH, LTC,
BCH, XRP, USDT
EOS, WAX, USDJ,
TLOS, BNB, etc.
Supported
Countries
58 CountriesAll
Payment
Methods
Fiat currencies
(varies with
users country)
Bank Transfer
Paypal
M – Pesa
Cash Deposit
Alipay, etc.
Transaction
Fees
1% 0.99% – 0.5%
Verification
Requirements  
ID card
Selfie
Date Note
Email
Customer
Support
ExcellentGood
Mobile AppYesNo

Visit Cryptolocally


Conclusion

There you have them, top five Remitano alternatives.

I suggest you open accounts with one or more of the exchanges described above. You may need their services one of these days.

Also, you can check out our post on Top P2P exchanges, if you feel you need more options.

And that’s all I have for you today. Now, I’d love to hear from you:

Which of the Remitano Alternatives from my list would you try first?

Do you know any other P2P exchange that qualifies to be on this list?

Let me know your thoughts in the comments section right now.

Again, your friends need to know about these Remitano alternatives too. Why not hit those share buttons before you leave?

Thank you!


Seen these yet?

 
Chinma Udeji
Le's connect

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