Topic: Network Congestion Issue in Remitano - page 2. (Read 366 times)

That is the reason for the ads. If you like the ad of the buyer/seller rate, click on it and proceed with the person that created the ads. The person will also be notified and know that someone wants to buy or sell bitcoin. But if no ads, that could be a problem which is what you are implying.

If the people that created Babylon Solutions Limited are known, it can not be an exit scam. But I do not know much about it. What I am just thinking is that people will be thinking already that Remitano has been hacked.

Now weti dey Happen for Ramitano go straighten and also wakened everyone now. Because since last year nai this popular statement was trending "not your key, not your Coins". Make everyone keeps their coins for open source wallet and not in exchange wallets. You can only send di unit of bitcoin wey u want sell and send am go to di exchange and sell dem instant and leave di app and any time u want do you go there and sell and dat is di best way to do am now.

Locking the support service is the highest bad thing they have done. Anyhow sef dem for no lock day one because customers go dey get information from there to have confidence but now just.like all hope are lost. From what is happening and the duration of the maintenance, I don dey suspect them like this oo. Abi na exit scam dem wan do? And if DEX is also scamming people then nowhere is safe again oo. Na god go help us.

I noticed the Remitao issue sometime last week. Honestly, I was a very disappointed because they are my go to app for a very quick crypto to naira swap. Their UI/UX is user friendly and easy to use. Although sometimes I experience the have freezing aside this they have been running smoothly until last week.

It is true that not your keys, not your coins. I do not expect that any user here would have their coins saved in a platform as Remitano or any other CEX. For Nigerians, these platforms either represents where we quickly do our P2P, trading/arbitrage, receiving crypto. Nothing more.

I can't tell if whatever issue they had last week is a sign of the intending doom that will happen on their platforms or not. But what I know is that have more than one options for situations like these.

I have completely KYCed accounts with all of the above exchanges, but I usually use Remitano for rapid swaps of my side hustle cryptocurrency payments, and I've never had a problem with them in the two years I've been using it.

Na only $40 dey locked for Remitano so... No big deal.


This is where I draw the line, we are not ready for DEX yet, adoption is low, and convincing anyone to start using it will take some time. Nobody likes to open a trade and have to wait more than an hour for it to be executed owing to low trading volume

If you do not mind about KYC, Binance, OKX, Kucoin Bybits and Huobi are good.

But I will not advice you not to use Remitano anymore if you are not a trader. My advice is to never leave your coins on exchanges, get your deposit address on the exchange anytime you want to deposit and send only the coins that you want to exchange to naira.

Although, if I am in your shoe, I will no longer use the exchange again and move to reliable ones. But the reason for my first advice (which may not be valid) is that any exchange can disappoint you at anytime which is what I want to point out. But if it is me, I will not use such exchange anymore. Maybe they are going backrupt. Who knows.

Among all the decentralized exchanges I have experience about, only Bisq which is the most recommended has been not newbie friendly. It is even no more compatible with the laptop that I am using (somehow old laptop now). It only has desktop app and it has some other reasons newbies that is expecting crypto to naira may not want to use it. Although I will recommend it for people that want privacy.

The rest like Hodlhodl and Agoradesk are easy to use. I am wondering that no bitcoin buyer ads yet on Agoradesk, although I can see some bitcoin sellers.

The disadvantages that I noticed about decentralized exchanges are just two, which are low trading volume and price manipulation. If a traders can be able to avoid other scam on centralized exchanges, they can be able to avoid scam on decentralized exchanges as well.

Can you believe this type of scam can also exist on centralized exchanges? Be careful with your identity documents and KYC

We just have to be careful and also people should not have rest of mind because they think that they are trading on centralized exchanges and they will not be scam. Anyone can be scammed. Even as banks are, some scammers and hackers are still able to scam people or hack their bank account and withdrawal money.

Even on centralized exchanges, someone can still be scammed if the person is not careful and avoid scam.

The site support is already locked, other coins deposit and withdrawal are still open, but my concern is why has this taken this long when the BTC network is not even congested, and why allowed withdrawal and deposit on only the BSC network, and the negative comments on their social platform aren't helping either. This is not good for their reputation, and if they return successful, they will most certainly lose customers, beginning with me.


Most fo the DEX are full of scam tokens and duplicate assets. They are not newbies friendly. They are not up there yet.

Advising people not to leave coins on exchanges but to transfer it from a noncustodial wallet to exchanges and exchange it to naira immediately is not a way of spreading FUD. It is a way of not depending on centralized exchanges to hold your coins for you. Not your key not your coins.

Some of the reasons some people can leave some amount on exchanges is because they use the coins in margin trading or to be used for leverage trading in derivative market. Is Remitano having margin and future trading? Trade with the amount you can afford to lose is like keep the amount that you can afford to lose on exchanges.

Three days already? Then is this not FUD? I will not be surprised if there is a breaking news that Remitano has been hacked.

You can do without centralized exchanges if you want to.

Remitano support more than 30+ coins now. There is no need to spread FUD; it is simply a routine maintenance procedure, and all customers were properly informed. I've had my coin locked since yesterday; as usual, I didn't open up my app before transferring the coin; instead, I sent it from one of my wallets because my Remitano BTC address is already bookmarked there and noticed that my coin was locked. It was my fault, but I'm not sure how long the maintenance will last; it's been three days already.

Not your key, not your coins but we can't do without CEX. Decentralized exchange are not perfect either.


It was duly communicated to every customer and on their official pages too.

Them inform their users via email nah abi you no see your own?
I just get that hope say before this week enter the middle every wahala go don set for users to use.
Make man money no go hang for bush oh.

I understand diz point.. nah why eh dy always dy advisable for person to no save address for anywhere especially as wen the address come from exchange bcuz of this kind of mata, nah only few exchange they remember to send warning msg to people and those ones way they also send nah only few people too they always go check their email everytime to see update, nah only when dem wan use the exchange do something and eh require dem code dem for access the mail, some exchange nah when u wan deposit with the address u go see the warning for the body with color way u fit notice say nah danger, as this people warn like diz with mail good but as some people fit still dy notice why some people no go take, I know say SMS they charge if not I for also advice make them they add sms as part of Watin dem fit carry send warning notification as people go receive am faster their since nah centralized exchange dem go get people number too nah.

diz kind place dem nah just means to carry convert dollar to naira and any coin way u feel way u wan change no be Watin person suppose they even use every time make them no go see money way go big pass their head one day kukuma twama.

But dem know say bitcoin nai be the konkon so if dem want to disable am dem suppose alert users on time so dat users go dey prepare against am. And because of di awareness dey have given to customers, customers sef go know say something like that wan happen in Ramitano so dem go dey conscious but dis one wey dey just come nd disabled di coin before sending notification to users e no make sense. Abi dem want make people send coins to their Ramitano accounts first and dem go lock di coins and wen di customers can not withdraw di money den dem come send messages say, their site e dey under maintenance.

Omen di mata e no clear for my eye oo. And we no fit do anything, those people wey their coins e don stock their now dey wait for dem to reopen. Make we no keep coins for central exchange platforms because their ways e no dey pure.

Na correct yarn you yarn so , my comment no mean say make any body get faith on Remitano or any other centralized exchange , me just the talk my own personally experience, i understand say the way or high rate way centralized exchanges take the fold up this days don make every body dey fear , where by any small maintenance, people go begin dey panic, I personally understand the fear , to but we should have gats to understand say Remitano no announce say they don disable withdrawal of other coins , na only Bitcoin na disable withdrawal, and the disabled withdrawal na for only Bitcoin main network, any body wey get Bitcoin for the exchange for still withdraw through binance smart chain to binance exercise, then withdraw am again through Bitcoin main network to your personal wallet , na only withdrawal fee e go cost you ..

And besides, any body wey never dey ready to sell a coin , he or she leave the coin inside centralized exchange , na OYO be that person name .

Senior man, i like your faith for Remitano, e de assuring as you believe say maintainance na normal thing, and after sometime e go be business as usual for dem crypto matter, again with dem track record, I
follow you believe say e go be as you talk. Aldo fear na normal thing for dis kind matter, because no matter how reliable wey di exchange be, im still de centralized. Sodiafo anything can happen, including freezing your coins for a very long period of time, wey fit no de convenient or di exchange fit even fold up. Dat na why if your bitcoin, no de for your none custodial wallet, you no get power over am.

The maintainance matter for remitano na absolutely nothing to worry about, Ive been a  very active user of Remitano since 2016, so I personally know when issue pass sit down look, the current maintainance announced na only bitcoin main network na im the matter affect, any body wey get bitcoin for the exchange can still withdraw their bitcoin through binance smart chain network, since yesterday, abi a day before yesterday wey they make this announcement, I don send and receive plenty coins, send and receive naira through the exchange, my total transaction for the exchange just between that a day before yesterday and yesterday don pass 1 million naira self, and every thing go successfully without any issues..

The maintainance na only bitcoin network e affect, any body can still trade other coins peacefully, this na nothing to panic about, every exchange dey do this kind maintainance from time to time, even binance wey every body dey use, dey do maintenance from time to time.

I beg anybody wey think say exchanges na where him fit keep him coins or dey use receive him weekly signature campaign pay,I beg make una stop am o. Nobody no wetin fit happen next and to which exchange. This one wey remittano don say them dey do maintenance and them no pre inform  any of their users,I hope say no be exist plan them dey on so. Binance and kucoin no still dey free from attack so make we use our noncustodial wallet receive and safe our bitcoin. The small charge for transaction fee from your wallet to exchange no go kill you. Prevention is better than cure,we see wetin Patricia do wey them convert customers BTC to PKT.

Trust no de this game again because everybody they try take advantage of everybody wey lose guard.

E no dey always de easy if exchanges go with our money, but this one na alarm for some of us wey still they keep money for exchange wallets especially exchanges wey never they reputable world wide, I no de even use Ramitano for p2p self because I no even trust them from day one because them no get plenty coins, na electrum wallet I de use and if I wan cash out fiat I de send my coin go kucoin then run my p2p and move on.

"Not your keys, not you coin" make we always they very careful with exchanges we use.

I no go lie for you, for you to get Merit go hard. I come see sae, you have 112 activity without Merit, I come dey wonder why, I come go check your post history from 1-6 omen, your post history e poor die. E go hard for you to get merit. And weti I go advise you be sae make you try please try to improve on you quality. At least when you dey write, increase di lines to like 10 or 20 lines and make sure sae you are on point with the subject matter under discussion.

If anyone have coins for exchange make you make plan to move out now. This matter now no be only Ramitano but also others because we no know which one go be the next,and assuming you have enough coins in the exchange and na there you dey collect small small dey do your things and suddenly dem come go under maintenance, chaii di matter go pain person. Move your Coins now.

Thank you mate for bringing this to the attention of the local board because dis one na Nigerian exchange and e really concern us. Di last time wey Bitcoin get deposit congestion palava na general issue wey concern every trading platform all around di globe but dis one na only Remitano dey experience dis issue and I just hope all is well. Sometimes, exchanges no dey support deposit and withdrawal of a particular coin for one reason or di oda, but di most obvious reasons na wen dem dey do maintenance. So make we just hope say nothing dey happen and very soon dem go enable deposit & withdrawal function.

No be lie shah, I dey do some run around with this exchange and e happen say, na so. I send coins to them through an old address and the the coin con dey locked. E turn out say, them get some kind maintenance issue going on with there bitcoin deposit and withdrawal.
The bad part be say, these guys no pre inform there customers of any possible upgrade although, them make there deposit icon for address request dey unclickable.
This na there way to make deposit impossible at your end but, if you already had an address bookmarked somewhere, you fit send and them go lock am.
For now, you need to avoid bitcoin deposit on Remitano else, you might be sorry at the end. Other coins dey okay shah. Where matter Dey be say, the demand on altcoins no too sure and the bid price no dey pump like that of bitcoin.

I no too sabi all dis exchanges sef, na my first time be dis wey I dey hear about am sef. The ones wey I dey mostly conversant with na Binance and KuCoin. Na the two of dem I know say I don ever engage with before and I no sure whether i don experience something like dis before from dem since I start dey use dem. It’s good updates like dis are dropping here in the local board to draw the attention of users that use such exchanges to avoid losing their funds. Nothing pain pass losing money wey you work for to an exchange wey no know how you take hustle get that money oo. The worst of it all go come be say dem no go too value you wey get small money inside than people wey get large money when them come to compensate people for their loss.