Centralized exchanges allow for an easy target for banks to harass and shut down. A P2P exchange is more resilient as the bank’s ability to stop the trading easily becomes apparent.
A recent example of a similar incident in Malaysia where the banks forced a centralized exchange to shut down their bank accounts. A P2P exchange does not deal with banks, they only handle the Bitcoin. Only the customers of the exchange are could be at risk of being shut down by the bank.
A new entry on the scene is Remitano who have attempted a new breed of P2P exchange, it has a very simple and easy to use UI and friendly customer support. They have a live chat support system to get immediate support from their staff. Remitano also offers significantly lower fees than other notable P2P exchanges the fees are 0.5%
Remitano also enableds easy transactions of money to anywhere in the world .You can send and receive any amount of money from anywhere around the world in just 3 minutes ! .Remitano is very convenient and they have eliminated any 3rd party or brokers thus reducing money lost through many unnecessary charges
Remitano is operated by Babylon Solutions Limited, which is incorporated in Seychelles. Currently, it has service in many countries including South Africa, Australia, Malaysia, Nigeria, Vietnam, Cambodia, China to name a few.
Based on it’s traffic, Remitano has most of it’s traffic coming from Vietnam, Nigeria, and Malaysia. Remitano claims to be highest volume Bitcoin exchange in Vietnam. It aims to gain the same traction in other Asian and African countries. Also, its recentintroduction in the United States and Australian markets signal its intention to go global aggressively.