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Localcoinswap vs haveno? whats the deal? : Monero | Torhoo darknet markets

Hey,
after i've read tons of threads, i noticed that recently a lot of people suggesting haveno-reto to initially get into crypto (fiat-crypto) with methods like pay-by-mail.

Since haveno-reto is relatively new and doesn't have a lot of offers yet, i was wondering why people barely mention localcoinswap for getting into crypto (mostly ltc than swap to xmr later)?

Is there any particular reason? localcoinswap has tons of very highrated sellers which are willing to accept pay-by-mail or even git cards like amazon, stream or whatever.

Localcoinswap requires you to only sign up with an email address to buy. So what are possible reasons to not go through localcoinswap?
I mean i don't have to say that you should never use your personal mail, instead everyone should be able to create an anon e-mail account via tor which is exclusively used via tor and then signup with that email address.

So any potential problems/concerns with that route? Whats the reason for haveno over localcoinswap (if any)?

I am a beginner just researching all the different options and was wondering about that
/u/cat_person_06
2 points
1 year ago
I can't really comment on either, never used these. But since you are researching all your options, you should check Kraken. Some coins are blocked in some countries, but for me personally, i can buy any crypto [XMR included] with fiat without any issue. Only problem is that Kraken use KYC.
I don't really care so.. recommending you to check it out.
/u/THCowboysNL
1 points
1 year ago
This is the worst advice I've heard yet. Buying Monero with KYC puts you on so many lists.

I guess you don't care, but most of us do.
/u/NothingRlyMatters
2 points
1 year ago
It's not the "worst advice", it's not ideal.

DEX like Haveno is better.
/u/Anopheles
2 points
1 year ago
can recommend my own post about LocalCoinSwap here /post/ff78de448bcf1b7aad5a
/u/ilovetechno
1 points
1 year ago
is this the real deal? so I can basically just buy LTC or BTC with a bank card or bank transfer without having to load any ID(KYC)? anything I should know in advance? thanks
/u/Anopheles
1 points
1 year ago
And just how did you register your bank account?
With your name assigned and certified by your government in the form of an id document like a passport or id card?
Does your bank also know your phone number and your emails?
Is it the same email used for registering on Localcoinswap?

Dont know in which country you are, but in mine, any bank transfer details the senders name on the transfer logs, and even if not, the bank still knows or can easily gain knowledge thereof.
How do you expect to be anonymous with a registered bank account in your real name used to transfer fiat funds in exchange for private monero cryptos?
This is not the deal you were looking for.
Try again harder.
/u/HeadJanitor Moderator
1 points
1 year ago
It's the DAMN flawed backend automoderator that Paris is soon to fix. It will make me approves comments like "yeah, that's good".
/u/AutoModerator M
0 points
1 year ago
[removed by moderators]
/u/Anopheles
1 points
1 year ago
There is not even an URL present in my comment. What gives? /u/HeadJanitor
/u/Anopheles
1 points
1 year ago
Oh, and let's not forget that if you get found out to be buying cryptos, your local tax authorities will open tax season on you, if crypto gains are taxable at all.
Trading between cryptos is usually interpreted as virtually selling the first crypto against fiat and then buying the second crypto with the virtual fiat from the first one.
This is usually clearly a taxable event when you swap from LTC to XMR.
Depending on your local laws, you may even be required to show that you still have possession of these cryptos which you will obviously not be able to comply with, if you swapped them for XMR and used to buy professional women, let alone criminalized substances.
Please explain why cash is not king.
/u/d00rsmash3r
1 points
1 year ago
I've never used local coin swap, but if it's a centralized service, which it appears to be, then it won't exist for much longer because of the crackdown on peer-to-peer centralized trading services.
/u/5kids
1 points
1 year ago
yea when filing taxes irs asks if u bought crypto
/u/EddieB
1 points
11 months ago
sdth th tuyu nv