“Every improvement contributing to your outstanding experience is our daily motivation." - Remitano

It's our goal to deliver new products that address the most common issues our customers face. We also want to ensure that they have the best trading experience possible on the platform. It's in keeping with this that we have introduced GHSR, our new fiat cash.
GHSR will speed up Remitano trades while also providing our users with the opportunity to earn extra income.
First announced on December 17, 2021, the GHSR cash gives users in Ghana access to instant P2P trades and tools to make money.
Remitano has put together a summary of the GHSR cash functions, along with some benefits of using it.

Table of content

What is GHSR?
What plans does Remitano have for the GHSR cash?
What are the benefits of using GHSR?
FAQs:
How can I get GHSR?
How can I use GHSR?
How can I store my GHSR?
How can I make money with my GHSR?
How to create an GHSR buy ad and sell ad

What is GHSR?

GHSR is Remitano’s cash designed exclusively for users in Ghana. Instead of the Cedi, Ghanaian can use the GHSR cash to buy and sell cryptocurrencies, such as BTC, ETH, XRP, LTC, USDT etc.
GHSR follows the same financial background as Cedi and can thus be exchanged based on the same value. This means that one GHSR equals one GHS (1 GHSR = 1 GHS).

What plans does Remitano have for the GHSR cash?

In addition to offering GHSR for faster transactions, Remitano intends to expand its usage in the following ways:

Offer 8 GHSR trading pairs

Remitano will introduce eight trading pairs to let users trade other coins for the GHSR cash. The pairs will include:
GHSR/BTC
GHSR/ETH
GHSR/USDT
GHSR/BCH
GHSR/LTC
GHSR/XRP
GHSR/BNB
GHSR/GHS
It's worth noting that users can trade the last pair, GHSR/GHS, without paying any fees.

3 main improvements GHSR brings to Remitano P2P

No Trade disputes: Instant trades would be possible under the new system. This way, the GHSR cash will eliminate all disputes between the buyer and the seller.
P2P trading speed: Users can trade GHS for GHSR or GHSR for GHS on the Remitano P2P platform, and receive money in their bank accounts instantly.
Withdrawal speed: GHSR addresses any delays in cash withdrawals because it is done through P2P. This eliminates the need for a middle man, allowing buyers to purchase GHSR directly from sellers on our platform.

What are the benefits of using GHSR?

What's in it for you? With GHSR, you get to:

1. Conduct instant P2P transactions in Ghana.
2. Make money online quickly and easily.
3. Earn on a monthly basis.
4. Reduce bank wait times and queues.
5. Fewer trade disputes means a higher trust score for traders.

FAQs

Here are some insights and answers to the most common questions users ask about the GHSR Token.

How can I get GHSR?

You can get GHSR in 2 ways:
1. Buy GHSR from the Remitano P2P Exchange
Remitano users can create both “buy and sell” ads for the GHSR/GHS pair.
If you want to buy GHSR, you can easily click on a buy now. Pay the seller the Cedi equivalent of the GHSR you want and the seller will send the purchased GHSR to your Remitano wallet.
You may also put up your own BUY ad and wait for someone to sell to you.
2. Swap other coins to GHSR
To buy GHSR using the SWAP feature, you will need some USDT in your Remitano wallet. You can then exchange/swap some of your USDT to GHSR and your wallet will be INSTANTLY credited.

How can I use GHSR?

Once you have some GHSR cash in your Remiano wallet, you can use it for any of the following:
Buy other cryptocurrencies: As stated, Remitano will introduce 8 trading pairs— BTC/GHSR, ETH/GHSR, USDT/GHSR, BCH/GHSR, LTC/GHSR, XRP/GHSR, BNB/GHSR, and GHS/GHSR. This means that you can use GHSR to buy any of the traded cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Litecoin, Tether, Bitcoin Cash, Binance Coin, and the Ghanaian Cedi.
Swap to other coins: You can swap your GHSR to other coins on Remitano.
Hold: It’s totally fine if you don’t want to do anything with your GHSR cash. Simply let them sit in your Remitano wallet and withdraw to your bank by selling and receiving Cedi..

How can I store my GHSR?

GHSR cash is stored in your Remitano wallet. Remitano leverages extra security layers to protect your assets, ensuring that only you have access to them.

How can I make money with GHSR?

Besides P2P, Remitano provides users with two more options for earning money with GHSR cash.
1. Invest in a liquidity pool (AMM)
Liquidity is a decentralized tool developed by Remitano that provides users with several trading pairs, such as GHSR/USDT, ETH/USDT, BTC/USDT, BCH/USDT etc.

The Liquidity pool is an investment opportunity for all users. So rather than have all your assets in your trading portfolio, you can contribute liquidity in any of the pairs and earn profit daily from your contribution.

Users who contribute to the liquidity pool for any of the pairs will share a portion of the profit with Remitano. Read about the liquidity pool feature HERE

2. Become a GHSR maker
An GHSR maker is someone who creates a BUY or SELL ad for the GHS/GHSR pair. A GHSR maker can earn anywhere from 10 USDT to over 1000 USDT per month depending on the volume of GHS/GHSR transactions conducted during that month.

Not sure how to create ads? Sit tight and learn from the guides below.

How to create an GHSR BUY AD & SELL AD

Go to the remitano.com/btc/gh

Step 1: Click Earn option at the top of the homepage.
Step 2: Pick GHSR agency

Step 3: Click on Create your buying ad.

Step 4: Fill out all the information as shown below and then click on create new advertisement.

NB: To create a GHSR selling ad, the process is the same as creating the buying ad above. *

Remitano not only strives to create flawless solutions, but also prioritizes the needs of our customers, and thinks of ways to alleviate their greatest difficulties and pains. This project is one example of how we've done just that. We're particularly excited about the real, measurable benefits our ghanaian community can gain from our work.

Need help or have questions?
Contact our 24/7 customer support team using the chat box in the bottom right corner of the screen.