REMITANO: Peer-to-Peer BUY / SELL BITCOIN for Indian Users.

in #rbi6 years ago (edited)

Hey folks,

Hope everyone is doing good, This post is for Indian Users facing RBI ban on Crypto Withdrawals in INR.

Registration and Verification process is simple enough to setup within few minutes. First, We will see the Registration then We'll move onto Placing SELL order.

Registration:

  1. Go to Remitano Official Website
  2. Click on LOGIN/REGISTER Tab on Top-Right Corner.
  3. You need to give your Email ID and then they will send Login Link to your inbox to set Username.

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Verification:

  1. Click your username at Top to open your Profile Page, Click on Upload Documents Link
  2. You have to submit your Aadhaar ID to get verified within minutes.( If it get stuck, you can simply message their support team by clicking help chat at bottom right corner, they will process it within few minutes)
  3. You can also set Phone Number and verify with OTP.

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How to Place Sell Order for Peer-to-Peer Transaction:

You need to understand how this thing works, There would be many buyers who wants to buy BTC at certain price, they will place Advertisement of their BID on homepage of Remitano. Similarly, Sellers will set ASK Price for Advertisement.

  • If a User wants to buy from a Seller,
  1. First, He need to agree on seller's ASK Price Trade.
  2. Seller will look into, whether Buyer is verified and have good Rating on Remitano, He will accept the Request accordingly.
  3. Now, Buyer will send INR to seller's bank account which was mentioned in the Advertisement.
  4. After Receiving the Payment, Seller will Release BTC from Remitano Wallet to Buyer's Wallet.

PS: Make sure not to Release BTC until you got Payment in your Bank Account. In case of problems, Remitano support team will resolve, based on evidences provided by both sides

Checkout Remitano Escrow Service for more details.

  • Screenshots Below are the steps to follow to Place Sell Trade:

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Once you get the amount in your Bank Account, Click "I have received Payment" to Release BTC to Seller:

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Remitano Peer-to-Peer BTC Trading Official Website

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Ok that's the solution of 5 july