THELOGICALINDIAN - New Options for LocalMonero Users
The creators of LocalMonero accept appear a new privacy-oriented peer-to-peer OTC cryptocurrency trading service. Appear over the Reddit airwaves, the new service, alleged Agoradesk, will additionally acquaint a new anatomy of crypto trading: options affairs for Bitcoin and Monero.
In accession to trading Monero, traders can buy and advertise Bitcoin and participate in “the world’s aboriginal P2P OTC cryptocurrency options exchange” according to the thread. Options are a anatomy of acquired contract, in which traders accede to barter an asset at a preset amount at a after date.
The account provides concrete adjustment of options contracts, as able-bodied as added accustomed trades. There are no KYC, AML, or character analysis requirements to use the service, and traders can accept any average of exchange, including cash. To added assure user privacy, the account allows for the acceptance of an Onion portal, I2P portal, and a non-Javascript adaptation of the armpit for accessing from Tor or I2P.
Users can assassinate alarm and put options for accident ambiguity and leveraged trading, with concrete adjustment of basal BTC or XMR. Abounding capacity are explained at the Agoradesk bread trading guide. The abounding affection set of the new account can be begin here.
The Agoradesk belvedere is absolutely peer-to-peer and OTC, acceptance users to barter after the restrictions of centralized exchanges. Although it is an addendum of the earlier platform, it does not abolish any of the functionality from LocalMonero. “If you don’t affliction about BTC and/or options again you can accumulate application the belvedere absolutely as you acclimated it before,” the cilia explains.
For those who do ambition to accord the new appearance a go, accounts amid LocalMonero and the new Agoradesk are absolutely shared, so the aforementioned login and countersign can be acclimated to admission the new features.
As the prevalence of accompaniment surveillance and budgetary restrictions continues to spread, added users may be admiring to casework like Agoradesk. Centralized exchanges accept been activity the calefaction from the FATF lately, with the artifice of trading responsibilities causing abounding casework to shy away from privacy-focused cryptocurrency trading.
