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this post was submitted on 15 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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Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
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Is is correct that you need to have some Monero as a security deposit to post an offer to buy Monero? So how should people get their first Monero?
yeah that's the chicken in egg problem that got ported over from bisq. Thing is that initial monero is required to make sure there's an incentive to not scam the other peer and same from their end.
Have you seen tim? I'm trying it. Haveno is limited is some problematic ways, one of which is the first XMR problem.