# Buy and sell Monero P2P with local currency: P2P Fiat is live > P2P Fiat is live with real money: buy or sell XMR person to person with bank transfer, Zelle, SEPA, Pix or cash, with a 2-of-3 multisig escrow and no KYC. Last updated: November 3, 2026 · Web version: https://monerop2p.app/en/news/buy-and-sell-monero-p2p-with-local-currency/ **In short:** since **November 3, 2026** you can **buy and sell Monero (XMR) person to person with your local currency** on [MoneroP2P Fiat](https://fiat.monerop2p.app/en/). You pay by bank transfer, Zelle, SEPA, Wise, Pix, Interac, UPI or cash, and each order's XMR is locked in a **2-of-3 multisig escrow** on the Monero network until the seller confirms your payment. No KYC, no email, real money. [Open the P2P market →](https://fiat.monerop2p.app/en/app/) ## What a P2P fiat trade is In a **P2P (peer-to-peer)** trade there is no exchange in the middle holding your money. You pay the seller directly with the method you both agreed on (a bank transfer, a payment app or cash) and they deliver the Monero. The classic problem is trust: who sends first? P2P Fiat solves it with an **escrow**: before you pay, the seller's XMR is already locked and they cannot take it back on their own. It is only released to you when they confirm your payment, or when support decides an appeal. ## How the 2-of-3 escrow works Each order creates a **2-of-3 multisig** Monero address with three keys: buyer, seller and arbiter. Moving the XMR takes two signatures: - **Everything goes fine:** the seller confirms your payment and signs with the arbiter; the XMR reaches your address. - **There is a problem:** either side opens an appeal. Support reviews the chat and the proofs and signs with the party in the right. - **Nobody can run off with the XMR:** not the seller alone, not the arbiter alone. The arbiter also only signs payouts that follow the order's rules: the exact amount to the buyer and the fee. The escrow is built when the order opens, not when the ad is posted, because it needs the buyer's key. ## Buying Monero P2P, step by step 1. Open the [market](https://fiat.monerop2p.app/en/app/), pick your currency and payment method and create your account (password only). 2. Pick an ad by price, limits and reputation. Only ads from sellers online in the last 10 minutes can be taken. 3. Wait for the seller to deposit into the escrow (they have 30 minutes) and for **10 network confirmations** (~20 minutes). 4. With the XMR locked, the chat and payment details unlock. Pay the exact amount and mark **"I have paid"**. 5. The seller confirms the money arrived and releases. The XMR lands in your wallet. Want to **sell**? Post an ad with your price (fixed or a margin over the market price), your methods and limits. When someone takes it, you deposit the XMR into the escrow and release once the money arrives. Anything you overpay is returned automatically; if you underpay, the order is cancelled and refunded. More detail in [how it works](https://fiat.monerop2p.app/en/how-it-works/). ## Protection against scams - **The chat opens only once the XMR is in escrow.** Before that nobody can message you or send payment details, so nobody can talk you into paying early. - **Reversible methods flagged.** PayPal, Mercado Pago, Revolut and cards can be reversed; they are marked ⚠ and sellers can require a minimum order history. - **Appeals with support** from 15 minutes after the payment is marked. - **Public reputation** for every user: completed orders, completion rate and release time. - **Open source** (AGPL-3.0) on [GitHub](https://github.com/juanjobs39-cloud/xmrp2p). Full tips on the [safety](https://fiat.monerop2p.app/en/safety/) page. ## Payment methods and countries There are guides to buy XMR with [Zelle](https://fiat.monerop2p.app/en/buy-monero-with-zelle/), [SEPA](https://fiat.monerop2p.app/en/buy-monero-with-sepa/), [Wise](https://fiat.monerop2p.app/en/buy-monero-with-wise/), [Revolut](https://fiat.monerop2p.app/en/buy-monero-with-revolut/), [Interac](https://fiat.monerop2p.app/en/buy-monero-with-interac/), [UPI](https://fiat.monerop2p.app/en/buy-monero-with-upi/), [Pix](https://fiat.monerop2p.app/en/buy-monero-with-pix/), [SPEI](https://fiat.monerop2p.app/en/buy-monero-with-spei/), [cash](https://fiat.monerop2p.app/en/buy-monero-with-cash/) and [more](https://fiat.monerop2p.app/en/payment-methods/), and by country: [the United States](https://fiat.monerop2p.app/en/buy-monero-in-the-united-states/), [Spain](https://fiat.monerop2p.app/en/buy-monero-in-spain/), [Mexico](https://fiat.monerop2p.app/en/buy-monero-in-mexico/), [Brazil](https://fiat.monerop2p.app/en/buy-monero-in-brazil/), [Colombia](https://fiat.monerop2p.app/en/buy-monero-in-colombia/), [Argentina](https://fiat.monerop2p.app/en/buy-monero-in-argentina/) and [others](https://fiat.monerop2p.app/en/countries/). ## Fees and limits | | | |---|---| | Buying | Free | | Selling | 0.5% of the amount in XMR, on release, plus the network fee | | Cap per order | 1000 USD or equivalent | | Open orders | Up to 3 per user | | Deposit window | 30 minutes | | Confirmations | 10 (~20 minutes) | Each advertiser sets the price, usually as a margin over the market price (median of Kraken, KuCoin, MEXC, HTX and CoinGecko). Everything on [fees and limits](https://fiat.monerop2p.app/en/fees-and-limits/). ## P2P Fiat or crypto swaps: which one - **You have dollars, euros or another local currency:** use [P2P Fiat](https://fiat.monerop2p.app/en/). - **You already hold crypto (BTC, USDT, ETH…):** use MoneroP2P's [crypto swaps](/en/app/), with USDT atomic swaps or quotes from instant exchanges. ## FAQ ### What is MoneroP2P Fiat? A person-to-person marketplace to buy and sell Monero for local currency. Each order's XMR sits in a 2-of-3 multisig escrow until the seller confirms the payment. ### Does it require KYC or email? No. Your account is a key generated in your browser, protected with a password and a downloadable backup. ### How much does it cost? Buying is free. The seller pays 0.5% on release, plus the Monero network fee. ### What is the limit per order? 1000 USD or the equivalent, and up to 3 open orders per user. ### What if the seller does not deposit or does not release? If they do not deposit within 30 minutes, the order is cancelled and you have paid nothing. If you paid and they do not release, you can appeal after 15 minutes and support decides with the proofs. ### Is it a LocalMonero alternative? Yes. LocalMonero shut down in 2024. P2P Fiat covers the same use, but the platform does not hold the XMR: it sits in a 2-of-3 multisig. More answers in the [P2P Fiat FAQ](https://fiat.monerop2p.app/en/faq/). Buying and selling crypto carries risk: read the [risk notice](/en/risk-notice/). [Open P2P Fiat →](https://fiat.monerop2p.app/en/app/)