At least in the US. You could register an LLC and trade from Europe. Costs about €1500.
At least in the US. You could register an LLC and trade from Europe. Costs about €1500.
KYC
Even with KYC, you can no longer get XMR in Europe. 😒 Anycoindirect & Litebit -> Down. Binance & Kraken delist XMR Haveno (Haveno-reto) is exactly the right thing at the right time.
The reason I don’t use Haveno is because, all I’ve wanted since the beginning, was a simple UI like the now-defunct Wizardswap where I could say “Convert X XMR for Y BTC” and that was it. A user interface similar to Morphtoken.
For this purpose https://serai.exchange/ & https://unstoppableswap.net/ is being developed. You are welcome to help further develop, beta test or donate so that developers get paid.
If more people helped instead of just complaining and waiting for others to do it, things would be much better in the Monero community.
Back when Haveno started, it seemed like they were going to go down this route, but alas, we have an overcomplex GUI and network designed for fiat on/off ramp that, while many people ask for, doesn’t bring much liquidity and doesn’t have many people use.
?? Haveno is a Bisq fork and it has been clear for 4 years what it will be. A Bisq fork without DAO and mainly a Fiat <-> XMR gateway. Because that is exactly what was needed, which the latest news from Kraken makes clear again.
I’m curious how long this will last. Kraken is the last rock in the storm. I can imagine that Cake/Trocador/Changenow/Majestic/Godex/etc. will also buy XMR from Kraken. Kraken is the only Fiat XMR gateway I know of. Fed and Gov could have simply closed this last fiat on/off ramp. It may be that Haveno makes it easier for US-Kraken XMR to continue to exist.