Remitano review: score, licensing and risks
49/100SCORE · DMixed record
Grade D, caution
A peer to peer venue used across Vietnam and parts of Africa, unlicensed in most of the markets it serves, with a 2023 breach on record. Peer to peer trading carries counterparty risk on every single trade.
The facts
- FOUNDED
- 2016
- HEADQUARTERS
- Vietnam
- CUSTODY
- Custodial.
- MiCA / EEA
- Not authorised across the EEA.
- US ACCESS
- No.
- PROOF OF RESERVES
- No standard proof of reserves publication.
- FEES
- Typical for a venue of its size. Confirm current pricing on its own site.
- ASSETS
- Varies
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- Established venue in Vietnam
- Local VND deposit and withdrawal rails
✗ Weaknesses
- Vietnam focused, so limited use elsewhere
- Less independent scrutiny than the global majors
- Smaller asset list and thinner liquidity
Incident history
2023
Around 2.7 million dollars was drained from hot wallets in an attack attributed to North Korean actors.
Our read
A peer to peer venue used across Vietnam and parts of Africa, unlicensed in most of the markets it serves, with a 2023 breach on record. Peer to peer trading carries counterparty risk on every single trade.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.