Agoradesk.com/LocalMonero.co is Scam!!!
The Admin of Agoradesk.com/LocalMonero.co telegram group https://t.me/LocalMonero is a Scumbag. His telegram is https://t.me/Alex_LocalMonero_AgoraDesk
This is a screenshot of my chat with him https://ibb.co/Nxfxxgb
I've know about LocalMonero for about a year but didn't really trusted them because it is shitty centralised platform and outdated website looks like crap, it doesn't build trust at all. And now, after loosing my money I know I should avoid even registering with them.
Agoradesk.com/LocalMonero.co scammed me for 9500 usd by blocking my account right after I deposited another 10 xmr
This is my account https://agoradesk.com/user/audy
You can see they add a message=reason inventing an excuse to steal my money, linking me to other profile who, I found out later, Alex admin of Localmonero had an argument with.
As I see now LocalMonero admin desided to co er his lose on my account. If they do it over 9500 usd than this means they have no trading volume and profit and ready to take your money just like that. They will make it look like it is your fault or whatever.
Check this https://t.me/MoneroUK/12051 I contacted this guy and asked him what happened between him and Localmonero(scammers) and it looks like I am not the first one who was scammed by localmonero aka agoradesk
Avoid this scammers and your money will be saved.
That was my last time I ever user centralised exchanger. It is 3rd time I got burned.
LocalMonero aka AgoraDesk is scam!!!! Stay away from it!!!!
but the last week or so they have been kind of shady in my opinion. Ive never had an issue with trading before 9-8-21 and when I needed customer service they would always be quick to respond and resolve. They have been adding new tokens which is great. Kinda copy adding whatever coinbasebase adds and then some. Since that date "service unavailable" issues have started popping up. I don't know if it's to prevent sell offs when prices start to dip but it coincides with it. They did support FTM mainnet withdrawals but suspended them saying "wallet maintenance" but still accepts deposits from mainnet. I believe it's to force the ERC20 FTM on users so we withdraw and they reap the Benefits of charging the withdrawal fees while we end up paying withdrawal fees and eth gas fees to bridge over to mainnet and no hastle for them. Lastly, there is a trading contest for most net trading value. I wasn't just buy and sell buy and sell causing chaos and neither was anyone else from what I seen. After trading all week using 150-175 dollars worth of tokens I manage to get to the top 3 and eventually first. 46000 worth of trading value. Now there are 4 huge orders, 2 buy and 2 sell that make it impossible to do anything, that popped up after out of nowhere taking 1st and 2nd. I only sell if it's a 7 dollar profit so it covers the trading fees and I don't lose anything. To do that and be able to move up in the competition, I now need to have $2500-$6000 just to have a chance of the price going up to my ask price. Or $2500-$6000 to be able to place a buy order low enough to not lose money. Could be coincidence and it's 2-3 actual users trying to defend their spots. Just be aware.
Based on our record, LocalMonero should be more popular than CoinEx. It has been mentiond 120 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
I would recommend https://localmonero.co which also supports both I2P and Tor. - Source: Hacker News / about 1 year ago
Initially we only offered Monero through LocalMonero, then we added Bitcoin with AgoraDesk. Didn't really see the need to add further coins as they would require extra maintenance costs while not really being actively traded P2P. Source: about 1 year ago
I was a vendor on localmonero.co. I had many trades and 100% feedback, I sold to swedes since I'm swedish. Source: over 1 year ago
Not every exchange ran off with customer funds (i.e. Coinbase). And as others have commented, P2P is actually quite vibrant, it just doesn't get much attention. Check out: Bisq https://bisq.network/ LocalMonero https://localmonero.co/?language=en. - Source: Hacker News / over 1 year ago
LocalMonero has a very active Aussie userbase. Source: about 2 years ago
If you want to use a centralised exchange, check out: Https://xgo.com/ Https://coinex.com/ Https://mercatox.com/ (available in USA afaik). Source: 12 months ago
My friends from the US had no issues using coinex.com. Source: over 1 year ago
Coinex I find has better liquidity for Ergo than Kucoin. I would avoid making large purchases on Kucoin. Source: over 1 year ago
Coinex.com and hitbtc.com still seem to have their BSV nodes in sync. Source: over 1 year ago
I'm on coinex.com, which requires separate authentication and approval for each withdrawal, like phone + email (ie. 2FA). Source: over 1 year ago
Bisq - Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative cryptocurrencies.
SwapSpace - SwapSpace is a cryptocurrency aggregator exchanger.
AgoraDesk - P2P OTC exchange for trading Bitcoin, Monero and their options. No KYC/AML. Made by the LocalMonero team.
Binance - Cryptocurrencies exchange platform
LocalCoinSwap - Community-owned P2P cryptocurrency exchange with no KYC and 95% cold storage wallet security.
SimpleSwap.io - SimpleSwap is an instant cryptocurrency exchange without sign-up and upper-limits.