Vending for monero trading (monero.town)

submitted 5 months ago by 3kh0@monero.town to c/monero@monero.town

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Hello fellow Monero users,

Before LocalMonero had shut down, I was an active vendor in selling Monero for fiat to help onramp many people. Now that it is gone, I was wondering if are there any good alternatives for selling Monero.

Thanks!

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[-] iiGxC@slrpnk.net 3 points 5 months ago

Out of curiosity, how do you get monero to sell? Mining? Buying from a kyc place like kraken and then selling?

[-] 3kh0@monero.town 3 points 5 months ago

Yes, I buy Monero from Kraken, move it to a wallet I own, and then to LocalMonero for selling. I understand this might not be the best approach but it works.

[-] iiGxC@slrpnk.net 2 points 5 months ago

Is there anything people should know if they want to do this? Is there a guide on how to do it safely, so you don't get scammed or run into legal troubles?