gr8ful4 on Nostr: Get to know "Haveno" the long awaited decentralized exchange and full LocalMonero ...
Get to know "Haveno" the long awaited decentralized exchange and full LocalMonero replacement that enables direct Fiat-to-Crypto trades.
Background: Earlier this year Binance, OKX, and Kraken (partially) delisted Monero. While expected for a long time and even encouraged by the community for fractional reserve malpractice the sudden lack of liquidity still put huge pressure on the Monero price. In a time where every other coin pumped, with BTC reaching a new all time high (ATH), Monero instead took a heavy dump testing multi year price support.
Then the next bummer in May. LocalMonero, the biggest P2P market decided to close its doors with little time to react to the news. Though they did it in an orderly fashion they still left a huge gap for privacy conscious people who want to trade in and out of Monero.
Haveno after years of waiting enters the game
Haveno, a more private version of well renown "Bisq", which without doubt can be described as the OG DEX took over the market of LocalMonero - this time in a decentralized way. Which makes it currently the most reliable and private Fiat-to-Crypto exchange within the wider crypto ecosystem.
How to trade on Haveno?
1. To access Haveno you need to download the software from https://haveno-reto.com or https://github.com/retoaccess1/haveno-reto/releases to your computer. No account needed.
2. The software for privacy reasons connects automatically to the Tor network.
3. You fill in some account information e.g. your bank account number or PayPal account (everything encrypted and only shared with your trade partner)
4. You send a security deposit to your wallet so both buyers and sellers are protected during the trade
The downside:
* Currently there is no mobile app available and
* DDos attacks rendered the P2P network unusable for quite some time. The problem has since been fixed. But
* liquidity is still in its early stage.
Crypto is all about collaboration. We made and still make things happen that didn't exist a decade or two ago.
If you are interested in private and permissionless trade of a private and permissionless cryptocurrency or are willing to provide liquidity at a premium, Haveno is for you. Help bootstrap it so it can fulfill its mission of uninterrupted trade - for the benefit of all of us.
Also this may seem as an endorsement of Haveno over other projects, it's much more an acknowledgement of developers who create software to enable free trade between free people.
*) For legal purposes the Haveno developer team decided not to run seed nodes themselves. Instead https://haveno-reto.com is seeding and arbitrating the network.
Background: Earlier this year Binance, OKX, and Kraken (partially) delisted Monero. While expected for a long time and even encouraged by the community for fractional reserve malpractice the sudden lack of liquidity still put huge pressure on the Monero price. In a time where every other coin pumped, with BTC reaching a new all time high (ATH), Monero instead took a heavy dump testing multi year price support.
Then the next bummer in May. LocalMonero, the biggest P2P market decided to close its doors with little time to react to the news. Though they did it in an orderly fashion they still left a huge gap for privacy conscious people who want to trade in and out of Monero.
Haveno after years of waiting enters the game
Haveno, a more private version of well renown "Bisq", which without doubt can be described as the OG DEX took over the market of LocalMonero - this time in a decentralized way. Which makes it currently the most reliable and private Fiat-to-Crypto exchange within the wider crypto ecosystem.
How to trade on Haveno?
1. To access Haveno you need to download the software from https://haveno-reto.com or https://github.com/retoaccess1/haveno-reto/releases to your computer. No account needed.
2. The software for privacy reasons connects automatically to the Tor network.
3. You fill in some account information e.g. your bank account number or PayPal account (everything encrypted and only shared with your trade partner)
4. You send a security deposit to your wallet so both buyers and sellers are protected during the trade
The downside:
* Currently there is no mobile app available and
* DDos attacks rendered the P2P network unusable for quite some time. The problem has since been fixed. But
* liquidity is still in its early stage.
Crypto is all about collaboration. We made and still make things happen that didn't exist a decade or two ago.
If you are interested in private and permissionless trade of a private and permissionless cryptocurrency or are willing to provide liquidity at a premium, Haveno is for you. Help bootstrap it so it can fulfill its mission of uninterrupted trade - for the benefit of all of us.
Also this may seem as an endorsement of Haveno over other projects, it's much more an acknowledgement of developers who create software to enable free trade between free people.
*) For legal purposes the Haveno developer team decided not to run seed nodes themselves. Instead https://haveno-reto.com is seeding and arbitrating the network.