Why are prices on LocalMonero much higher than value in the market?

  • shortwavesurfer@monero.town
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    1 year ago

    2 reasons

    1. More risk to the seller
    2. Centralized exchanges suppress prices on purpose to make people uninterested in monero because its price is quite stable.

    I consider the localmonero price the real market price and the exchange price is the KYC discount.