P2P exchanges

LocalMonero

LocalMonero was the dominant no-KYC Monero P2P venue for most of its lifespan and was wound down in May 2024 citing regulatory pressure.

Website

localmonero.co

KYC

no KYC — No KYC was required while the service operated. Service wound down in May 2024.

Status

defunct

Fiat on-ramp

yes

Payment

cash-in-person, cash-by-mail, sepa, bank-transfer, gift-card

Jurisdiction

Hong Kong (operator-disclosed)

Founded

2017

Open source

no

Custodial

yes

Last verified

Jan 1, 2026

Sources

2

Overview

Strengths

• Operated as the largest no-KYC P2P Monero venue throughout its lifespan.

Caveats

• Service is wound down; the operator cited regulatory pressure.
• The sibling project AgoraDesk continues from the same team.
• Listed here for historical record only.
• Facts need re-verification by operator (last seeded 2026-01).

Verdict

LocalMonero was the dominant no-KYC Monero P2P venue for most of its lifespan and was wound down in May 2024 citing regulatory pressure. The successor product from the same team is AgoraDesk. Entry kept for historical reference.

FAQ

Does LocalMonero require KYC?

As of Jan 1, 2026, LocalMonero does not require KYC for normal use. No KYC was required while the service operated. Service wound down in May 2024.

What payment methods does LocalMonero accept?

LocalMonero accepts: cash-in-person, cash-by-mail, sepa, bank-transfer, gift-card.

Where is LocalMonero based?

Operating jurisdiction listed as Hong Kong (operator-disclosed). This is best-known information; corporate structure can be opaque.

Sources

1. LocalMonero closure announcement · accessed Jan 1, 2026
2. KYCnot.me — LocalMonero entry · accessed Jan 1, 2026

Mentioned in

Alternatives to LocalMonero

• AgoraDesk none kyc · Hong
• Bisq none kyc · decentralized
• Bitvalve optional kyc · Estonia
• Hodl Hodl none kyc · Estonia
• Haveno none kyc · decentralized
• Peach Bitcoin optional kyc · Switzerland

Entry last verified Jan 1, 2026. Notice an error? Send it via the contact form.