I know this thread is dead now but are you still offering this service OP? Or is anyone else?
Contact me on telegram: @bronbbxWe will use escrow to trade monero otc
Topic: Monero XMR large trade OTC (Read 7028 times)
We will use escrow to trade monero otc
I don't think it is worth reviving this dead thread. There are many better ways to trade now.
I know this thread is dead now but are you still offering this service OP? Or is anyone else?
Old thread. pm for 500 XMR .. how much in BTC?
Whether it is a premium or discount, determines if the price will next go up or down.
Same applies to everything, eg. Silvervault is currently selling physical silver that you can take delivery of (without extra cost), at less than the melt value of the silver.
This would not exist if silver was in an uptrend.
Btw not a terribly bad way to purchase your silver, as you can freely take delivery and tax-free carry it with you to any EUropean country.
Same applies to everything, eg. Silvervault is currently selling physical silver that you can take delivery of (without extra cost), at less than the melt value of the silver.
This would not exist if silver was in an uptrend.
Btw not a terribly bad way to purchase your silver, as you can freely take delivery and tax-free carry it with you to any EUropean country.
That makes sense, thanks! Good tip on the silver too
Whether it is a premium or discount, determines if the price will next go up or down.
Same applies to everything, eg. Silvervault is currently selling physical silver that you can take delivery of (without extra cost), at less than the melt value of the silver.
This would not exist if silver was in an uptrend.
Btw not a terribly bad way to purchase your silver, as you can freely take delivery and tax-free carry it with you to any EUropean country.
Same applies to everything, eg. Silvervault is currently selling physical silver that you can take delivery of (without extra cost), at less than the melt value of the silver.
This would not exist if silver was in an uptrend.
Btw not a terribly bad way to purchase your silver, as you can freely take delivery and tax-free carry it with you to any EUropean country.
Out of curiosity, what is the going rate for buying/selling large quantities (10,000-40,000+) OTC? Does buying or selling that much demand a premium or discount?
Good question, probably should be a premium but I expect it would be a discount. Might not be any sellers for those amounts though. Would love to know also
Out of curiosity, what is the going rate for buying/selling large quantities (10,000-40,000+) OTC? Does buying or selling that much demand a premium or discount?
I am thinking of possibility to set up a large traders' network.
Knowing that the number of people owning 10k XMR or more can roughly be derived from the formula (current emission)/100,000 = 33, this network should gain very many of these people to become members to have any chance of succeeding economically. Such as this thread has not succeeded due to too much hassle, distrust and too little liquidity and price-setting.
The new network would be nice, I'll soon write something more technical about it so that ppl see how it actually works.
Knowing that the number of people owning 10k XMR or more can roughly be derived from the formula (current emission)/100,000 = 33, this network should gain very many of these people to become members to have any chance of succeeding economically. Such as this thread has not succeeded due to too much hassle, distrust and too little liquidity and price-setting.
The new network would be nice, I'll soon write something more technical about it so that ppl see how it actually works.
I hope it's appropriate to post this question here:
Is anyone here interested in any type of XMR/USD trades?
Is anyone here interested in any type of XMR/USD trades?
I am about to start selling Monero for EUR.
Since USD can be converted to EUR, yes possibly. Markup applies. Please contact.
Yes, I also buy moneros, that is my main business
Update?
I have very large buy orders from external entities. Contact me for arranging a deal.
I hope it's appropriate to post this question here:
Is anyone here interested in any type of XMR/USD trades?
Is anyone here interested in any type of XMR/USD trades?
I am about to start selling Monero for EUR.
Since USD can be converted to EUR, yes possibly. Markup applies. Please contact.
Yes, I also buy moneros, that is my main business
I hope it's appropriate to post this question here:
Is anyone here interested in any type of XMR/USD trades?
Is anyone here interested in any type of XMR/USD trades?
I would like to buy ~65k Moneros at Poloniex spot price.
WoT and Freenode nickname is ronaz
WoT and Freenode nickname is ronaz
I am interested in buying 30K @ .0033
Please contact me on IRC I you have interest in trading.
Please contact me on IRC I you have interest in trading.
Can you change my bid to 0.0035?
Reduced escrow fee to 1/2%. This is supposed to be for large to very large trades so that should be enough.
Seniors only?
Anyone can post but whether anyone will trade with them is another matter.
Quote
Also why not a few other parings?
I'm not opposed to doing other pairings. What do you have in mind?
Seniors only?
Also why not a few other parings?
Also why not a few other parings?
I might be in the market for these. I can aggregate coins for large buyers, and buy up big lots from sellers. Price depends on the current orderbook, of course.
10-50k lots.
10-50k lots.
Hey, OP, have 5 minutes to explain why this thread/service is necessary? I"m not challenging, it's just that I'm not informed/knowledgable. Is it a matter of exchange liquidity? Or is it an opportunity to avoid exchange manipulation?
The fundamental reason large traders want to find each other and trade blocks (in every market) is to avoid front running (perhaps this is what you mean by manipulation).
Let's say you want to buy 50k XMR so you start buying on an exchange, but with the liquidity there you can only buy a few thousand per day without moving the price much. Other people start seeing there is a big buyer in the market and bid the price up ahead of you. Now it costs you more to complete the trade. The same thing happens to the seller, especially if he isn't selling at the same time you are buying (and since you don't really know about each other, how would you communicate?). Let's say you buy this week and he sells next week -- in that case you will both get worse executions.
There is also the fact that trying to buy 50K on an exchange without absurd slippage might be a lot of work. If you can find a counterparty directly and just do the deal, that might be easier.
Thank you!
Hey, OP, have 5 minutes to explain why this thread/service is necessary? I"m not challenging, it's just that I'm not informed/knowledgable. Is it a matter of exchange liquidity? Or is it an opportunity to avoid exchange manipulation?
The fundamental reason large traders want to find each other and trade blocks (in every market) is to avoid front running (perhaps this is what you mean by manipulation).
Let's say you want to buy 50k XMR so you start buying on an exchange, but with the liquidity there you can only buy a few thousand per day without moving the price much. Other people start seeing there is a big buyer in the market and bid the price up ahead of you. Now it costs you more to complete the trade. The same thing happens to the seller, especially if he isn't selling at the same time you are buying (and since you don't really know about each other, how would you communicate?). Let's say you buy this week and he sells next week -- in that case you will both get worse executions.
There is also the fact that trying to buy 50K on an exchange without absurd slippage might be a lot of work. If you can find a counterparty directly and just do the deal, that might be easier.
It seems as though promoting off-exchange large transactions is a good way to suppress the price short to intermediate term.
Suppressing price seems to be something I see a lot of with XMR. I think bigger hands want more time to accumulate.
Suppressing price seems to be something I see a lot of with XMR. I think bigger hands want more time to accumulate.
Admittedly I haven't checked the action lately, but suppression of price on XMR is not what I have seen. In fact, the opposite on Poloniex, with a string of quite small orders taking the top few bids way beyond the bids below.
Hey, OP, have 5 minutes to explain why this thread/service is necessary? I"m not challenging, it's just that I'm not informed/knowledgable. Is it a matter of exchange liquidity? Or is it an opportunity to avoid exchange manipulation?
Thanks.
Thanks.
It seems as though promoting off-exchange large transactions is a good way to suppress the price short to intermediate term.
Suppressing price seems to be something I see a lot of with XMR. I think bigger hands want more time to accumulate.
Suppressing price seems to be something I see a lot of with XMR. I think bigger hands want more time to accumulate.
Every transaction has both a buyer and a seller. It is not clear which direction taking both off an exchange influences the price. It is likely situation dependent, but I suspect often neither.
It seems as though promoting off-exchange large transactions is a good way to suppress the price short to intermediate term.
Suppressing price seems to be something I see a lot of with XMR. I think bigger hands want more time to accumulate.
Suppressing price seems to be something I see a lot of with XMR. I think bigger hands want more time to accumulate.
Want to buy 2500 XMR @ 0.004, so basicly 10 BTC total. Feel free to PM! Can also join irc channel if needed.
This seems like a non starter given that one could sell 40,000 at 0.004 on Poloniex right now. I only mention this because the first post describes the purpose of the thread as being trades that can't be easily executed on an exchange. I don't see that here.
Yeah just saw it on poloniex, was not able to check it for a few days. Edited my post!
Want to buy 2500 XMR @ 0.004, so basicly 10 BTC total. Feel free to PM! Can also join irc channel if needed.
This seems like a non starter given that one could sell 40,000 at 0.004 on Poloniex right now. I only mention this because the first post describes the purpose of the thread as being trades that can't be easily executed on an exchange. I don't see that here.
Want to buy 2500 XMR @ 0.0043, so basicly 10.75 BTC total. Feel free to PM! Can also join irc channel if needed.
Ive been approached on IRC for large off market trades.
Feel free to approach me via PM for large XMR buys if you don't trust the exchanges.
I'll offer an above market price depending on quantity.
Feel free to approach me via PM for large XMR buys if you don't trust the exchanges.
I'll offer an above market price depending on quantity.
Huh.. Good luck to him to sell with that price
lol, one would think the facetiousness was implied. I'm sure he does want to sell 5,000 at that price. Heck, I want to sell 20,000 at that price.
Did you mean 0.0025 ?
selling 5000 XMR @ 0.025 BTC each!
lol, one would think the facetiousness was implied. I'm sure he does want to sell 5,000 at that price. Heck, I want to sell 20,000 at that price.
Did you mean 0.0025 ?
selling 5000 XMR @ 0.025 BTC each!
lol, one would think the facetiousness was implied. I'm sure he does want to sell 5,000 at that price. Heck, I want to sell 20,000 at that price.
Did you mean 0.0025 ?
selling 5000 XMR @ 0.025 BTC each!
selling 5000 XMR @ 0.025 BTC each!
Reserved
There is no longer any structured service/directory provided by this thread as (unlike when this thread was created) there are numerous other ways to trade XMR now including many exchanges, Bisq decentralized exchange, OTC desks, etc.
Thread to discuss and/or arrange large OTC (off-exchange) trades in Monero XMR. By large we generally mean a minimum of 5000 XMR but that is only a guideline. Feel free to discuss any smaller amounts that not readily tradable on an exchange.
I will edit this post (below) to include a summary of indications of interest that are PMed to me or posted to the thread. This will be relatively unstructured, not a formal "order book." Unless otherwise indicated, all indications listed here are non-binding and serve only as a starting point for negotiation.
I will escrow trades for 1/2%. This can include presubmitting coins to me with a pricing limit so a counterparty can complete the trade directly with me or a more traditional escrow arrangement where the coins are sent only after a deal is agreed. Presubmitting carries a non-refundable fee of 10 XMR payable in advance, but applied against the 1/2% escrow fee if a trade occurs.
Buying interest
statdude: Feel free to approach me via PM for large XMR buys if you don't trust the exchanges
dEBRUYNE: Want to buy 2500 XMR @ 0.0035, so basicly 8.75 BTC total. Feel free to PM! Can also join irc channel if needed
rpietila: I might be in the market for these. I can aggregate coins for large buyers, and buy up big lots from sellers. 10-50k (EUR/USD trades possible, with markup)
rontus: I would like to buy ~65k Moneros at Poloniex spot price
David Latapie: I have very large buy orders from external entities. Contact me for arranging a deal
Selling interest
saddambitcoin: selling 5000 XMR @ 0.025 BTC each!
rpietila: I might be in the market for these. I can aggregate coins for large buyers, and buy up big lots from sellers. 10-50k (EUR/USD trades possible, with markup)
I will edit this post (below) to include a summary of indications of interest that are PMed to me or posted to the thread. This will be relatively unstructured, not a formal "order book." Unless otherwise indicated, all indications listed here are non-binding and serve only as a starting point for negotiation.
I will escrow trades for 1/2%. This can include presubmitting coins to me with a pricing limit so a counterparty can complete the trade directly with me or a more traditional escrow arrangement where the coins are sent only after a deal is agreed. Presubmitting carries a non-refundable fee of 10 XMR payable in advance, but applied against the 1/2% escrow fee if a trade occurs.
Buying interest
statdude: Feel free to approach me via PM for large XMR buys if you don't trust the exchanges
dEBRUYNE: Want to buy 2500 XMR @ 0.0035, so basicly 8.75 BTC total. Feel free to PM! Can also join irc channel if needed
rpietila: I might be in the market for these. I can aggregate coins for large buyers, and buy up big lots from sellers. 10-50k (EUR/USD trades possible, with markup)
rontus: I would like to buy ~65k Moneros at Poloniex spot price
David Latapie: I have very large buy orders from external entities. Contact me for arranging a deal
Selling interest
saddambitcoin: selling 5000 XMR @ 0.025 BTC each!
rpietila: I might be in the market for these. I can aggregate coins for large buyers, and buy up big lots from sellers. 10-50k (EUR/USD trades possible, with markup)
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