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Breet vs Remitano: Automatic Cashout or Peer-to-Peer Escrow Trading?

Remitano is a long-running, broadly available P2P marketplace with a working swap feature and a straightforward fee structure. Breet is a crypto-to-cash platform that settles automatically with no individual counterparty. Here's the full comparison, including where Remitano's product genuinely offers more.

As a crypto platform, part of our job is to understand what other providers are building. My team and I review public documentation, pricing, product flows, and the evidence we can verify. We give credit where it is due, and we state the limits we find. This comparison describes what we found during our review of Remitano, what it does well, where it may not fit, and who should consider it.

Note that we did create an account to test Remitano's response times, payout speed, support, uptime, and product behaviour.

Disclosure: Breet publishes this comparison and may benefit commercially if you choose Breet. If you find an error, contact partners@breet.io.

Head-to-head comparison

Remitano is a broad, long-running P2P marketplace with a working swap feature. Breet is a direct-settlement platform with no individual counterparty and a range of other crypto products.

BreetRemitanoWhat that gets you
RateBetterGoodAs of the time we checked, 17th August 2026, Breet's rate was ₦10 better than Remitano's rate.
Settlement mechanismAutomated, direct to bank or mobile moneyPeer-to-peer, individual counterpartyNo stranger to negotiate a transfer with
Regulatory statusSEC ARIP application on recordStates directly it is "unregulated"Breet is ahead here. See below
Coin swap featureYes, 170+ assetsYesBoth offer this
Countries servedNigeria and Ghana100+, reportedRemitano is ahead on reach. See below
Trading feeRate shown before you confirm1% built into P2P priceBoth give you a number to check
Crypto cardYesNoBreet is ahead here. See below
Crypto invoicing for individualsYes, multi-currency, freeNot offeredA tool Remitano doesn't have

Where Remitano wins

Broad country coverage. Reported availability in over 100 countries, far beyond Breet's current two-market footprint.

A working swap feature, letting you convert between assets directly on the same platform.

A long operating history, roughly a decade, with an established P2P mechanism.

Where Remitano falls short

Nigerians can access the platform only through P2P, which requires an individual counterparty and can lead to payment disputes. It does not offer automatic settlement, crypto cards, crypto invoicing, or Breet's broader supported-coin range.


Where Breet wins

No individual counterparty, ever. Crypto converts against Breet's own settlement, with no P2P dispute to open and no stranger to negotiate a bank transfer with.

Swap crypto with more coins. Breet swap supports more than 170 coins beyond the 12+ that are supported for selling.

Automatic settlement. Breet's automatic settlement lets you convert crypto to cash in your bank instantly once the on-chain confirmation is complete.

Crypto cards. Breet’s Visa-powered crypto cards bring real-world spending to crypto. Shop in-store, withdraw cash from ATMs, and spend crypto anywhere a Visa card is accepted.

Free multi-currency crypto invoicing. Breet lets you send a crypto invoice to a client and get paid in any cryptocurrency.

A rate you see before you confirm. Every transaction shows its exact figure so you know how much you’re getting before selling or buying.

Crypto gifting. You can send and receive crypto as a gift from family or friends and get the Naira equivalent in your bank account.


Why our customers prefer Breet

500,000+ users across Africa. The tweets speak for themselves.

Read more Breet reviews

Ready to switch from Remitano to Breet?

1. Download Breet and complete KYC. iOS, Android, or web. Registration takes under a minute.

2. Send your crypto to your Breet wallet address. Withdraw from Remitano to Breet’s deposit address on the matching network.

3. Get paid to your bank or mobile money. See the exact rate before you confirm, with no individual counterparty involved at any point.


Frequently Asked Questions

  • Should I use Remitano or Breet?

    If you want automated settlement with no individual counterparty and with more crypto products, Breet is built for that. But if you need P2P trading across a very wide range of countries, Remitano is better.

  • Is my money safe using Remitano?

    Remitano's P2P mechanism involves a real payment to an individual counterparty, and the platform's own Terms describe it as operating in an unregulated payment system. It has also been the subject of regulator actions in the UK and Malaysia, and a 2023 security incident.

  • Did Remitano really get hacked?

    Yes, in September 2023, roughly $2.7 million was stolen from its hot wallets. Remitano described it as a third-party data breach and said user assets weren't affected.

  • Can I move crypto from Remitano to Breet?

    Yes. Withdraw from Remitano to your Breet deposit address on the matching network.

Other Crypto Platform Comparisons

Compare Breet with other crypto platforms across fees, features, supported assets, payout options, and availability.

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