What is LocalMonero?
LocalMonero is a peer-to-peer trading platform that enables individuals to exchange their local currency for the privacy-focused cryptocurrency Monero. The platform allows users to post advertisements specifying their preferred payment method, such as bank transfer, cash, online payment processors, gift cards, and more. Other users can then respond to these advertisements, and LocalMonero will escrow the Monero from the seller while the buyer completes the payment. Once the seller confirms receipt of the payment, the Monero is released to the buyer. LocalMonero also offers dispute resolution services to mediate any issues that may arise during a transaction
Highlights
- Supports a wide range of payment methods, including those typically not accepted by centralized exchanges, enabling access for those without traditional banking
- Peer-to-peer trading model eliminates corporate overhead, allowing for instant Monero transactions
- Escrow and dispute resolution services to protect buyers and sellers
- Accessible platform for anyone to buy or sell Monero, regardless of their location or access to traditional financial services
Features
Paypal support
Decentralized
Peer-To-Peer