Monero@monero.townEnglish · 2 years ago

Why LocalMonero so expensive?

Gargari@lemmy.ml to

Monero@monero.townEnglish · 2 years ago

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

Chat

jetA
link
fedilink
English
arrow-up
4·
2 years ago
I like to think of it as the KYC discount.

Monero@monero.town

monero@monero.town

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !monero@monero.town

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

Wallets

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

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

21 users / day
60 users / week
126 users / month
881 users / 6 months
2 local subscribers
1.77K subscribers
982 Posts
5.53K Comments
Modlog

mods:
admin@monero.town