this post was submitted on 28 Nov 2024
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Monero

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It looks like you can both buy and sell XMR via cash by mail on this exchange. Does anyone know anything about it? It's not listed on kycnot.me and I don't see it mentioned here or in the Reddit r/monero sub.

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[–] [email protected] 9 points 3 months ago (3 children)

Unless you have to use centralized sites like these for some reason, please use Haveno instead. Adopting the decentralized option now before Monero is banned everywhere is much better for the community than monkey-branching from centralized site to centralized site every time they delist Monero.

[–] [email protected] 2 points 2 months ago* (last edited 2 months ago)
[–] [email protected] 2 points 3 months ago (1 children)

Agreed, but right now the max amount of XMR you can purchase on Haveno via cash by mail seems to be limited to $2000-3000, way less than the maximums we saw on localmonero.co.

[–] [email protected] 1 points 2 months ago

There is an open PR to raise this limit.

[–] [email protected] 2 points 3 months ago

Completely agree. People are going to have to learn the decentralized option at some point anyway. So better to get it over with now than to try to learn later when it's required.

[–] [email protected] 2 points 2 months ago

Never heard of it, I will not use something not listed on kycnot.me, I'd guess a fly by night operation which usually is a very high risk proposition, I wouldn't use it.

[–] [email protected] 2 points 3 months ago (1 children)

Localcoinswap doesn't support Monero.

[–] [email protected] 1 points 3 months ago

Oops, I see that now. You'd have to purchase LTC or BTC and then swap.

[–] [email protected] 1 points 3 months ago

You can go to this exchange and check it out 😁

[–] [email protected] 0 points 3 months ago (1 children)

They accept monero on their platform now? Wow that's new.

[–] [email protected] 1 points 3 months ago (1 children)

Sorry, I was incorrect. I thought they did, but they actually don't.

[–] [email protected] 1 points 3 months ago

If you were paid to not support Monero it makes business sense.