$40 is too much. Most exchanges are having far lower minimum deposit. Some people do make mistake and have to contact customer support which can be frustrating. On exchanges like OKX, I know someone that their money were stolen by the exchange like this. I do not have people that is using Remitano. If bitcoin increase more, it is likely they will increase it. Having equivalent of ₦70000 as the minimum deposit is too much is my opinion.
What do you mean as bitcoin static gas fee? I guess you are referring to the exchange.
A member of this community lost his Full member payment on Remitano when the deposit minimum was increased; his Remitano BTC wallet was his signature campaign payment addesss and as usual he got paid $40 in BTC but before the it could confirmed in the block, BTC price was already down abit and he got $39 deposited on Remitano and the coins were lost since the system allowed only minium deposit of $40 ( he claimed he had no idea when the minimum deposit was changed from $20 to $40. That was how he lost his deposit.
I don't know what they wants to achieve with that much minimum deposit.
"Static BTC fees* was referring to their BTC withdrawal fees - they charged more than every exchanges I know ( $30+ fixed withdrawal fees)