# LocalMonero alternatives in 2026: where to buy and sell XMR P2P > LocalMonero shut down in 2024. We compare where to buy and sell Monero P2P in 2026: P2P Fiat with a 2-of-3 escrow, Haveno, Bisq and no-account swaps. No KYC. Last updated: November 8, 2026 · Web version: https://monerop2p.app/en/news/localmonero-alternatives-2026/ **In short:** **LocalMonero shut down on November 7, 2024**, leaving people who bought Monero with local currency without their P2P market. In 2026 the closest alternative is [MoneroP2P Fiat](https://fiat.monerop2p.app/en/): ads, chat and reputation like LocalMonero, but **the XMR sits in a 2-of-3 multisig escrow** on the Monero network, not with the platform. If instead of cash you have **USDT, BTC or other crypto**, the [MoneroP2P exchange](/en/app/) gets you XMR **with no account and no KYC**. [Buy Monero with local currency →](https://fiat.monerop2p.app/en/app/) · [Swap crypto for XMR →](/en/app/) ## What happened to LocalMonero | Date | What happened | |---|---| | May 7, 2024 | LocalMonero and AgoraDesk announce they are closing after almost 7 years. | | May 14, 2024 | They stop accepting new trades, signups and ads. | | November 7, 2024 | Final shutdown. Arbitration ran until that day. | LocalMonero was **the most used P2P market for Monero**: it connected buyers and sellers who paid by bank transfer, cash or payment apps, with an escrow held by the platform itself. Its closure coincided with a wave of **exchanges delisting Monero**, so buying XMR with local currency became much harder. More context in [Monero delisted: where to buy XMR in 2026](/en/news/monero-delisted-where-to-buy-xmr-in-2026/). ## Comparison: LocalMonero alternatives in 2026 | Option | What you pay with | Who holds the XMR | KYC | Best for | |---|---|---|---|---| | **[MoneroP2P Fiat](https://fiat.monerop2p.app/en/)** | Local currency: bank transfer, Zelle, SEPA, Pix, Revolut, Wise, cash; 150+ currencies | **2-of-3** multisig escrow (buyer, seller and arbitrator) | No, not even email | What you used to do on LocalMonero, from the browser | | **[MoneroP2P exchange](/en/app/)** | USDT on Arbitrum (atomic swap) or BTC, ETH, USDT on other networks, SOL, LTC… | Nobody in the atomic swap; the chosen exchange, during the swap, for instant exchanges | No (exchanges rated A or B) | You already have crypto and want XMR in minutes | | Haveno / RetoSwap | Crypto and some fiat methods | Multisig between the parties | No | Advanced users with a desktop app and Tor | | Bisq | Mostly BTC | Multisig, with a BTC deposit | No | You already have Bitcoin and aren't in a hurry | | Centralized exchange | Card or bank transfer | The exchange | Yes | Fewer and fewer options: many have delisted XMR | **Which to choose:** - **You have dollars, euros, pesos or reais in the bank or in cash:** [P2P Fiat](https://fiat.monerop2p.app/en/). It's the closest thing to LocalMonero and works from the browser. - **You have USDT on Arbitrum:** the [atomic swap](/en/guides/what-is-an-atomic-swap/), non-custodial and with no account (up to 100 USDT per swap). - **You have BTC, ETH or USDT on Tron, Ethereum or BNB Chain:** the [instant exchange comparison](/en/app/), sorted by how much XMR you get. ## MoneroP2P Fiat: the closest alternative to LocalMonero It works the way you remember: you find an ad in your currency, open an order, pay the seller and get your XMR. The difference is who holds the Monero in the meantime. - **2-of-3 multisig escrow.** The seller's XMR is locked on the Monero network before you pay. Moving it takes 2 of 3 signatures (buyer, seller and arbitrator), so **neither the platform nor any single person can take it**. - **The chat and payment details open after the deposit.** If the seller doesn't deposit within 30 minutes, the order is cancelled and you haven't paid anything. - **No KYC or email.** Your account is a key generated by your browser, protected with a password. - **Clear fees.** Buying is free. The seller pays **0.5%** on release, plus the network fee. - **Limits.** Up to 1,000 USD (or equivalent) per order and 3 open orders per user. - **Live ads.** If the advertiser is offline and their ad accepts requests, your order waits for them (1 to 12 hours) and they get a notification; you pay nothing until the XMR is in escrow. Ads from anyone offline for more than 24 hours are hidden automatically (7 days if they accept requests). - **Appeals.** If you paid and the seller doesn't release, you open an appeal after 15 minutes; support reviews the proof and signs with whoever is right. Did you sell on LocalMonero? **Posting ads is free**: you choose your margin over the market price, your payment methods and your limits. Be one of the first in your currency. [Open the P2P market →](https://fiat.monerop2p.app/en/app/) · [Post an ad →](https://fiat.monerop2p.app/en/app/#/nuevo) ## If you already have crypto: the MoneroP2P exchange Not everyone on LocalMonero paid with money from the bank. If you have **USDT, BTC, ETH, SOL or LTC**, the [MoneroP2P exchange](/en/app/) gets you XMR without signing up: 1. **USDT to XMR atomic swap** (Arbitrum One): non-custodial, no account and no KYC. Up to 100 USDT per swap. See [what it really costs](/en/guides/how-much-does-it-cost-to-swap-usdt-for-monero/). 2. **Instant exchanges** for 2,500+ cryptocurrencies, compared in a list sorted by the XMR you get. Only exchanges rated A or B for KYC are shown. It also works to **sell XMR**. Example: [swap Bitcoin for Monero](/en/news/swap-bitcoin-for-monero-btc-to-xmr/). If you close or reload the page in the middle of a swap, the exchange comes back with its status, so you don't lose it. ## How to buy and sell XMR P2P safely 1. **Never pay before the order says the XMR is in escrow.** 2. **Don't leave the platform.** Anyone asking you to continue on WhatsApp or Telegram, or to pay outside the order, removes the escrow's protection. It's the most common scam. 3. **Pay from an account in your name** and keep the receipt. 4. **Receive into your own wallet.** If you don't have one yet, see the [best Monero wallets in 2026](/en/news/best-monero-wallets-2026/). 5. **Start with a small amount** with a new seller. More options in the guide [how to buy Monero without KYC](/en/guides/how-to-buy-monero-without-kyc/). ## FAQ ### What happened to LocalMonero? It announced its closure on May 7, 2024, stopped accepting trades on May 14 and shut down completely on November 7, 2024. ### What is the best LocalMonero alternative in 2026? For local currency, [MoneroP2P Fiat](https://fiat.monerop2p.app/en/): ads and reputation like LocalMonero, with a 2-of-3 multisig escrow. For crypto, the [MoneroP2P exchange](/en/app/). ### Are Haveno or RetoSwap an alternative? Yes, for advanced users with a desktop app and Tor. In May and June 2026 the Haveno protocol was exploited twice and RetoSwap suspended trading: check its official status before using it. ### Can I buy Monero on Bisq? Yes, mostly against Bitcoin and with a security deposit in BTC. ### Is buying Monero P2P legal? In most countries, yes. Restrictions apply to regulated exchanges. Check your country's laws. ### How do I avoid scams when buying XMR P2P? Don't pay before the escrow, don't leave the platform and pay from an account in your name. Using crypto carries risk: read the [risk notice](/en/risk-notice/). [Buy Monero with local currency →](https://fiat.monerop2p.app/en/app/) · [Swap crypto for XMR →](/en/app/)