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<4rkal> Interesting recent experience. While this wasn't on retoswap it's something that can happen there too.
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<hbs:matrix.org> @4rkal: p2p can be 100% safe for crypto-crypro when using atomic swaps, what poses problems is when fiat is involved
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<ravfx:xmr.mx> Yeah. Fiat can be ok, but only like safe payment method (cash). Most of the other things can be reverted.
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<ravfx:xmr.mx> For cash method the only thing the scammer can try to do is to get me to release the coins before he "send" the money
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<4rkal> @ravfx:xmr.mx: Could send some legit looking counterfeit though? Should always check for that too probably
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<ravfx:xmr.mx> Yeah, well, the ATM dont usually distribute counterfeit.
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<ravfx:xmr.mx> For slower cash by mail sure, you have to verify them. But at least the scammer can't try to do the classic revert transaction trick.
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<4rkal> @ravfx:xmr.mx: Yeah
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<4rkal> @hbs:matrix.org: Could receive tainted coins though no?
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<hbs:matrix.org> @4rkal: Depends on the atomic swap, in MoneroSwap (EVM based) you know the EOA of your counterparty so you can run AML like checks ahead of proceeding with the swap
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<4rkal> What’s moneroswap?
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<r4v3r23> @ravfx:xmr.mx: its really a bitch trying to swap monero for non-cash fiat
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<r4v3r23> very high fees
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<ravfx:xmr.mx> It's normal to ask for higher fees, to cover for the occasional scammer that manage to get you.
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<ravfx:xmr.mx> I remember back in the old scampal days, the norm was 10 to 15%
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<hbs:matrix.org> @4rkal:
moneroswap.eth.limo
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<r4v3r23> @ravfx:xmr.mx: since xmr is mostly delisted, dealers are taking higher fees to do the trade
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<ravfx:xmr.mx> Sure, I been doing the thing since 2015 (p2p).
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<ravfx:xmr.mx> Higher fee for safe options is because not enough traders. Else its because the payment method un insafe. So far from my observation.
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<ravfx:xmr.mx> Even bitcorn can have hefty 10% even if its available on all exchanges
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<ravfx:xmr.mx> That scampal example I mentionned, that was for bitcoin
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<ravfx:xmr.mx> I never considered looking for scammy payment method for monero considering cash is available in my loc.
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<ravfx:xmr.mx> The more market participants, the less the premium you pay. P2p platforms have a tendencies of lacking traders.
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<ravfx:xmr.mx> No wonder the only trader on haveno chage 10%. Its the only maker in the house.
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<ofrnxmr:xmr.mx> @4rkal: You can receive tainted coins from any swapper that doesnt perform aml checks, including centralized ones
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<actuallymisty:matrix.org> How does one start with monero
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<ofrnxmr:xmr.mx> download a wallet (getmonero.org/downloads), acquire some monero (getmonero.org/community/merchants), then spend it (monerica.com xmrbazaar.com) or donate it (ccs.getmonero.org bounties.monero.social kuno.anne.media)
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<ofrnxmr:xmr.mx> smh at element's trash url detection