Posts: 1
Joined: Tue Apr 10, 2018 11:30 pm

Local monero

Tue Apr 10, 2018 11:38 pm

Basically been on the site been trying to understand fully how it works but not really understand how to work out the fee to seller would be anyone be able to able to explain it to me?

Posts: 1
Joined: Wed Apr 11, 2018 6:15 am
Contact: Telegram

Re: Local monero

Wed Apr 11, 2018 6:20 am

Hey, LocalMonero staff here.

The fee is explained on our fee page:

Essentially, the user who is the one that posts the advertisement is the one that pays the 1% fee. If the seller is the one who posts the ad - then the seller is the one who has to pay the 1%. If the ad is posted by someone who wants to buy Monero - then the buyer pays the 1% fee.

You can contact us by telegram @LocalMonero if you have more questions. We're also easily reachable on reddit (/r/LocalMonero) and twitter (@LocalMoneroCo).

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