About us

Our Mission

At OpenMonero, our goal is to establish a safe and easy-to-use person-to-person platform to allow anyone to trade their local currency for Monero, anywhere. Our users post advertisements specifying their preferred method of payment (e.g., bank transfer, cash, online payment processor like PayPal, gift cards, etc), other users reply to these advertisements, OpenMonero takes an arbitration bond equal to the amount of the trade from the user that is the Monero seller in a given trade and the seller sends the Monero to the buyer when the seller confirms that they have received the payment from the buyer, upon which the arbitration bond is returned to the seller. OpenMonero can also step in to mediate any dispute that may arise.

How We Are Different

On OpenMonero you are dealing with humans. Unlike centralized cryptocurrency exchanges, you make a trade directly with another person. This makes the process lean and fast, as there is no corporate overhead. You get your Monero instantly. Also, OpenMonero can support every payment method its user community supports, making it possible for users without access to traditional banking to also be able to buy or sell Monero. For every transaction, OpenMonero requires the seller to post an arbitration bond to protect the buyer of Monero.