ISSUE: I have been watching SELL XMR for fiat (SEPA) tab of the RetoSwap (Haveno fork) for a couple of weeks and there is rarely an offer below 3% fee. Most offers are around predatory 6% fee.

Since there is low amount of offers, some people put the 9% or similar dirty fee and this seems to be pushing up the average % rate of the future offers, making the Haveno not a good option for trading. When trading reversible pair, you do not want to create your offer, because you can not select with whom to trade by placing a limit on your trading partner (like account age and such).

SUGGESTION: Maybe if the maximum allowed spread from a market price is set to 2.5% or similar, there would be less predators and more people who really want to do the fair/market price trade. As a newbie when you open the app and see the SELL/BUY spread for fiat like 12%, it is pretty bad place to trade.

  • antidote
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    16 days ago

    Free market. Nobody is forcing anyone to take any of the offers. Anybody can open a trade with his preferred price and wait for someone to take it.