I am looking at haveno-reto and it has the exact same problem I had with bisq. in order to buy monero on haveno, you have to already have some monero, so you can do a security deposit. so haveno helps to reduce the number of times you have to interact with a CEX or KYC yourself, but it doesn’t completely eliminate it. you may still have to do it at least once, like buying some litecoin on a CEX and changing it to some monero. I’d rather start clean with no KYC and it’s very important to me.

what I am still trying to wrap my head around is, on localmonero and even localbitcoins it was possible for a person to buy coins without already having any. there were always some sellers who would let you send maybe a couple hundred bux even if you had no account history or anything, and there was never a deposit or collateral. they would still send you coins in return as long as they got the cash.

someone told me that bisq and haveno can’t have this because then people will just initiate orders they have no desire to fulfill, as a form of spam attack that locks the seller’s coins for a time, and that this is insurmountable without making the security deposit mandatory. but if localbitcoins and localmonero ran fine for years without this being a breaking problem, why isn’t it possible on bisq and haveno? and why can’t there be some other way to prevent spam like forcing the user to submit shares to a mining pool to prove that they are earnest? proof of work was invented to prevent spam.

2 points

try xmrbazaar.com there are people on there offering to sell small amounts of monero for fiat

permalink
report
reply
1 point

yeah, it’s hard situation in case of first buying of XMR. You can try casual exchanges, swap XMR P2P, try it. Governments don’t like Monero, and, therefore, CEXes too

permalink
report
reply
1 point

Mate, just buy some stablecoin , go to instant crypto exchanges like Exolix and swap your stable to Monero, then send it to Haveno. The issue is sorted out

permalink
report
reply
2 points

I am actually going to end up using bisq2 to buy bitcoin via a reputation-based interaction, turn it into some monero on probably bisq1, and then use the monero to start interacting with haveno. it’s way too many steps and fees but it saves me from ever doing any KYC.

permalink
report
parent
reply
1 point

Well, a good way I must say. I would be tired to make so many steps

permalink
report
parent
reply
1 point
*

Yeah I don’t understand this. What I need is xmr to eur

I also went to haveno-reto today, and all the blog posts were about going from Fiat to xmr. That one is easy. We need docs in the reverse.

permalink
report
parent
reply
1 point

That’s even easier, just make an offer selling XMR for the fiat you want?

permalink
report
parent
reply
1 point
*

Where’s the guide describing how to do this, including all the ways it could go wrong (including all the ways Malory might try to scam me during the trade), and how haveno mitigates each if these risks?

Until I see such comprehensive documentation, I’m not touching it.

permalink
report
parent
reply
1 point

The minimum security deposit is small enough to not be a problem in most cases. If you give away anything of value online, put a public donation address alongside it. If you don’t you can join #getyourfirstxmr:monero.social and offer a low value deal in exchange for eg. gift cards.

permalink
report
reply
1 point

Were people born yesterday on a scam free internet? Yeah i get you, but I don’t think not being to but their first crypto is a showstopper for haveno or why Monero isn’t pumping. Bisq2 you can buy btxlc without having, swap it. Buy something on Localcoinswap and swap it. Buy something on hodlhodl and swap it. Sell something on Monero market or xmrbazaar Mine it Ask someone to borrow some to use on haveno and return it with interest

permalink
report
reply
1 point

meta: link breaks are removed unless you do a double space at the end. this is because of markdown formatting

permalink
report
parent
reply

Monero

!monero@monero.town

Create post

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

Community stats

  • 227

    Monthly active users

  • 347

    Posts

  • 905

    Comments

Community moderators