CaptainCanaryLLC
CaptainCanaryLLC@monero.town
Joined
3 posts • 14 comments
It’s not capital-efficient for high volume crypto-fiat sales because every coin can only be listed/earmarked with a single payment method. Meaning I can’t list all my XMR at once with every payment method I take as an option, just one. I was told if I make a custom listing with all my payment methods then I’d basically be fucked in arbitration. So I can tie up all my available coin with one payment method in one listing, or pick a few payment methods and split my coin among a few listings. None of those options are efficient for crypto-fiat.
Ways I’d currently use haveno-reto:
- coordinating a planned large sale with a buyer offsite and completing it through haveno-reto for arb/escrow purposes
- crypto-crypto instant sales. I have listings up to test that out.
But the way it’s set up for fiat is too limiting for my business model.