this post was submitted on 21 May 2024
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Monero

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

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If anyone is interested in sharing about current trading methods, asking/answering questions about p2p XMR trading, and other pertinent topics. The Simplex group link is shareable to others as well if you know other sellers/buyers you'd like to invite.

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[–] [email protected] 0 points 5 months ago* (last edited 5 months ago) (3 children)

Keep in mind that Haveno has launched and is going to be better than doing direct deals because you still have an arbitrator involved and multi-signature wallets. The Haveno reto network already has over 100 Monero worth of offers at almost all times and is growing rather rapidly. It was only launched less than a week ago.

https://monero.town/post/3143272

[–] [email protected] 0 points 5 months ago (2 children)

Is there a guide for setting up haveno reto on arch? Is it on the aur?

[–] [email protected] 0 points 5 months ago* (last edited 5 months ago)

I will send info once arch info is ready

[–] [email protected] 0 points 5 months ago

Not that I am aware of, and no. I think there might be a flat pack, but I'm not totally sure on that. What I have done is set up a virtual machine, and I run it in that

[–] [email protected] 0 points 5 months ago (1 children)

I am using haveno-reto but it doesn't do everything I need it to do

[–] [email protected] 0 points 5 months ago (1 children)

What does it not do? Perhaps that's functionality that can be added into the software.

[–] [email protected] 0 points 5 months ago

It's not capital-efficient for high volume crypto-fiat sales because every coin can only be listed/earmarked with a single payment method. Meaning I can't list all my XMR at once with every payment method I take as an option, just one. I was told if I make a custom listing with all my payment methods then I'd basically be fucked in arbitration. So I can tie up all my available coin with one payment method in one listing, or pick a few payment methods and split my coin among a few listings. None of those options are efficient for crypto-fiat.

Ways I'd currently use haveno-reto:

  • coordinating a planned large sale with a buyer offsite and completing it through haveno-reto for arb/escrow purposes
  • crypto-crypto instant sales. I have listings up to test that out.

But the way it's set up for fiat is too limiting for my business model.