this post was submitted on 04 Oct 2024
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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.

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[–] [email protected] 1 points 5 hours ago

I installed Haveno-reto but haven't used it yet. Is it not possible to contact the seller directly (without deposit)?

If so, then why not just contact the seller directly and handle it out of Haveno? Other than listing an order book, Haveno wouldn't be providing any value in mediating the order since only one side is actually using Haveno.

[–] [email protected] 2 points 14 hours ago

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

[–] [email protected] 1 points 12 hours ago (1 children)

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

[–] [email protected] 1 points 10 hours ago

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

[–] [email protected] 1 points 12 hours ago

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.

[–] [email protected] 2 points 17 hours ago (1 children)

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

[–] [email protected] 1 points 14 hours ago* (last edited 14 hours ago)

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.

[–] [email protected] 1 points 17 hours ago

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