this post was submitted on 04 Aug 2023
9 points (90.9% liked)

Monero

1667 readers
33 users here now

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

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS
[email protected]
9
Some qestions about buying Monero with fiat... (monero.town)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
10 comments fedilink hide all child comments
 

Hey All,

This community has been super helpful so far. And was hoping you guys might be able to answer some simple questions I had about acquiring Monero.

  1. How are most people acquiring Monero with Fiat?

  2. I've looked into using localmonero but was unsure about the pros and cons of various payment methods. PayPal, Venmo, etc. Is there a standard localmonero Meta for lack of a better term?

  3. Wouldnt all ways to purchase monero on localmonero effectively be KYC. Since all of the various apps used to send fiat would have to have my info?

Answer some or all of them, or just go off about whatever you want since I'm trying to soak in as much tribal knowledge as possible.

Thanks in Advance

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

I've used cake wallet in the past. It went pretty smooth. Not sure if much has changed though