Not yet connected to Monetory
LocalMonero
This peer-to-peer P2P trading platform is dedicated to Monero and is characterised by complete anonymity. You don't even need email to register, and there are no checks. Since anonymity is the main value, there is an option to disable JavaScript and the ability to use Tor and I2P portals.
There are more than 60 payment methods: bank and gift cards, payment systems and even cash. You can buy or sell XMR through dozens of cryptocurrencies - there are plenty of such offers too. All transactions are protected: even if the seller does not complete the exchange, LocalMonero support will send you the amount that is in the arbitrage bond. Note that this option is not enabled by default for offline transactions.
You need an XMR wallet to trade, you can use the official Monero GUI wallet or the Monero CLI or Feather wallet.
The P2P marketplace has a review system. Only confirmed reviews are displayed in the profile - they become such if the trade volume between the two parties is over $100.
There is also an affiliate programme where you can receive 20% of LocalMonero's fees from completed trades. Payouts are made on a daily basis.
News of LocalMonero
All newsTotal information
OPENING DATE
8/25/2017STATUS
AvailableSTATUS ON MONETORY
Not connectedClass
P2PType
CustodianFormat
Web, Mobile AppLiquidity
OFFERS ON MONETORY
—Liquidity
MediumPopular P2P fiat currencies
KYC and regulation
KYC
NoThere is no KYC/AML on the venue, and according to Localmonero's philosophy, this is contrary to the concept of peer-to-peer trading. Therefore, as long as it is possible not to introduce these verification stages, the site does not plan to do so. Registration takes a minute - just enter your nickname and password, email is not required.
About regulation
The platform leaves this issue to the users' conscience. There is no list of prohibited jurisdictions in the rules, only an indication that before trading you should make sure that you comply with all the laws of the country in which you are trading.
P2P trading
Coins P2P
Terms and commissions
| Currency | Maker | Taker |
|---|---|---|
| 1% | 0% |
Commissions on LocalMonero
Additional Information
XMR