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 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 “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 *haveno-reto.com or Github 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 crypto currency 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, it’s much more an acknowledgement of people and software that enable free trade between free people. I am in no way affiliated with the project other than my believe in permissionless and private interaction between consenting humans.

*) For legal purposes the Haveno developer team decided not to run seed nodes themselves. Instead haveno-reto.com is seeding and arbitrating the network.