Remitano is one of the crypto exchange platforms available in the crypto world. This was funded in 2014, and the fast-gaining popularity among traders is due to various features like different payment ways or screwed protection. This exchange website has a forum and mission that causes this website to stand out among rivals. Remitano clone script is a well-designed and user-friendly platform that allows users to perform P2P transactions and trade digital coins hassle-free. To know more about this exchange clone script, we provide detailed information about its features and the benefits you can take from using this platform.
Clone script features
Ultrafast trade matching engine
You can benefit from an ultrafast trade engine based on the clone script provider. RadinDev development company is one of these providers that use this engine, and the traders experience sophisticated trading in no time.
Crypto wallet integration
The clone script offers an integrated crypto wallet which supports +100 cryptocurrencies, ICO tokens, Defi tokens, etc.
Peer-to-peer trading
Using this feature, traders can match, sell and buy orders to perform the trading in a P2P trading facility. By this, trades occur without a third party's intervention. This kind of trading, as much as popular that becomes a preferred option for exchange users.
Trading bot
It is an automated bot that can be connected to the crypto platform. When the price of a respective cryptocurrency reaches the programmed price, it automatically trades. Using this fracture, traders can save a lot of time, and there is no need to monitor market prices continuedly. Trading bots have several features which make their use more convenient. Some of these features are:
- 24/7 support for all trading pairs
- Setting up and integrating bots
- Creation of liquidity
- Saving time and money
- Technical support for bots
- Setting price and gain on the spread
- Simulation of active trades in the order book
- Potentially raising your trading volume
- Supporting investors with algorithms of order types
Multi-language support
This feature ensures all users from all over the world that language will not be a barrier for their trades. This simple feature can dramatically improve your exchange trade volume by attracting traders from all over the world.
2-factor authentication
Remitano clone script uses 2-factor authentication to provide a high level of security for the platform. Before logging into the clone exchange, buyers and sellers have to verify their registered phone number and email address.
Margin trading
By adding this feature, traders allow borrowing digital assets on crypto exchange to trade on the spot market. An eligible trader can utilize the margin loan to give a position higher than the balance on their account.
Trading based on ADS
Trading on the Remitano platform is unique and very easy. There are numerous sellers’ ads on the homepage with their specific price, preferred bank name, rating and sale limit. You have to ass all these details to make trades.
User-friendly admin/user dashboard
In the Remitano admin panel, you have the power to block traders with suspicious activities, post spam, check others' profile activity, transactions, etc. On the contrary, the user profile consists of features like easy signup and login, affiliate programming for additional revenue, following the market using a trading bot, and multiple payment options.
Web and mobile compatibility
These clone script services comply with many devices and systems currently available in the market. This computability expands the number of users and increases trading volume significantly.
Different payment methods
This option allows you to receive payments from your customers via cryptocurrencies in an easy, fast, and secure way. With this feature, your platform users choose to make payments with cryptocurrencies such as bitcoin, Ethereum, USDT, etc.
Worldwide availability
The original Remitano and its clone script offer their services to over 30 countries across the world. This availability, combined with multiple language support, makes this script popular and easy for global traders and widens your prospective users.
Escrow wallet
This is a legal provision in which a trusted entity, usually a third party, temporarily keeps assets until a specific condition has been met.
Derivatives trading
Derivatives trading is a financial contract between two or more parties with a value derived from one or a group of crypto assets. These include futures contracts, options, warrants, forward contracts, swaps, and more. Nowadays, the main derivatives in the crypto market have future contracts, perpetual futures and options contracts.
Launchpad integration
In general, launchpads are platforms that allow cryptocurrency projects to accrue crow funding and provide access for investors to coins and tokens before being launched publicly. This feature has two benefits: 1. Rises funding for projects and 2. Provide genuine projects for their community before they are released publicly. There are three types of launchpads:
- Launchpad on centralized exchanges
- IDO launchpads
- IGO launchpads ###Atomic swap This feature refers to when different cryptocurrencies from various blockchains are exchanged without a third party approving or processing the transaction. The crypto exchange, which usually controls a trade, is totally removed from the equation. ###DEX Remitano clone script (like Wazirx clone script) is a decentralized exchange which means that it allows users to trade assets (like Bitcoins and Ethereum) more directly and without the interference of a third party.
Smart contract
This is one of the most vital parts of any crypto exchange and crypto clone script. This is self-executing, with the condition of the agreement between traders directly being articulated with codes. This code is responsible for the execution, while transactions can’t be reversed but can be tracked.
OTC trading
This feature included in the clone script is an agreement concluded directly between two parties to trade to perform it without any external governance on the part of an exchange or broker.
Bounty features
This clone feature is a marketing strategy used by startups at the time of their initial coin offering (ICO) campaigns. This enables them to allocate a specific percentage of their coins supply to promote their project.
Premium features of the clone script
Some clone script provider companies like RadinDev provides some premium features in addition to the basic elements of the script. Some of these premium features are listed in the below table:
Tips to stay safe
Contrary to Remitano GitHub, the Remitano clone script is a safe and secure platform, users should be careful and use some personal security measures. Some of these tips and tricks to say safe are as follows:
- Before starting trading with a user, check their profile on which has posted an advertisement
- Do trading only with people who have verified accounts with good feedback. Although your money is safe with the platform, if you trade with a user with a poor reputation, your money may be locked up for days in case of disputes.
- Try to trade in small amounts.
- Don’t keep funds in the Remitano script platform so you can be sure that your assets are secure if your account is in danger.
- Make sure to use your personal information while registering on the crypto platform. If not, if you lose your account, you won’t provide some of the required documents for KYC registration.
- Prevent man-in-the-middle-scam. This refers to a situation when a scammer sells stolen coins and receives funds in another person’s bank account. To avoid such a situation, confirm the receiving bank account details match the seller’s name on Remitano. ##Advantages and disadvantages of this clone script
Benefits of this clone script for admin and users
Both sides of trade can benefit from the exclusive benefits of the Remitano clone.
Admin
- The software owner has a free hand to confirm the KYC and approve the account.
- The website admin has complete control over profiles and transaction history and is able to take swift action in the event of any questionable conduct.
- The admin can afflict several revenue streams depending on the situation.
- The owner can select various trading options like binary trading, peer-to-peer trading, etc.
- None of the trading actions on the platform can be carried out without the admin management. ###User
- Users can trade without worry about regulation or interruption due to the P2P platform.
- Traders have the right to fill out the form to list their tokens on the Remitano clone script exchange website.
- Users can join the affiliate program to gain money by spreading the word about the website to their worldwide trading peers.
- Traders can take advantage of IEO.
How does it work?
Sign up to start trading
Like any other exchange platform, the workflow process of Remitano begins with signup in the platform and be verified to log into your account. The verification process will be performed using email verification or a phone number when the KYC details are supplied.
Check the orders
After your validation, the funds are received, and the cryptocurrency will release from escrow to your wallet. The escrow security layers help your users to avoid scams and frauds. You can visit the exchange platform and search for the ad listings. Then check the terms of Each ad. These terms include the amount, the accepted payment methods, trade limitations, etc.
Select an order
The trading process starts once the buyer and seller adverts are perfectly matched. You can click the buy or sell button when you find such a suitable ad.
Payment process
Once the trade begins, the cryptos of sellers are kept in an escrow wallet until the seller confirms the payment. After confirmation of the payment, the seller should approve that they receive the funds. The cryptos are then sent to the buyer’s wallet after escrow services confirm the payment from the seller.
A brief overview of the Remitano clone script
The original Remitano was funded in 2014 as an exchange platform through which people can buy and sell bitcoins quickly. This escrowed P2P exchange platform has a simple UI, user-friendly customer service, and the lowest fee compared with its rivals, making it popular in the crypto world. They have a professional team in financial products, e-commerce, payment systems, and agile software development. This exchange software enables users to trade cryptos with cryptocurrencies or fiat currencies.
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