Why are prices on LocalMonero much higher than value in the market?

  • mister_monster@monero.town
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 year ago

    They’re not that much more expensive. Have you been to a bitcoin ATM? You’ll tell them to go fuck themselves with those kinds of prices.

    What you’re seeing on localmonero is the true price for p2p. Exchange prices are lower because of the bullshit you have to tolerate to use them, bank accounts, KYC etc. There’s a premium on p2p monero because it is better.

    • LosTim@monero.town
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      I was thinking about getting BTC at an ATM then buying XMR. Do that ATMs go through exchanges? I’ve never used one and was wondering what the privacy implications were…