I had some suspicion when I saw they cloned another p2p exchange, and they acted a nit strange.
These doubts are like a lifeline from falling into the traps of scammers. We must believe our suspicions and support them with some research that will help us either use the platform or avoid it. There are many sites that impersonate and clone well-known platforms, and they may use similar domain names, steal or imitate their templates, and even plagiarize the content of the official websites. We must verify carefully before making a rushed decision that could cost us our money on these fraudulent sites.
I have already supported the flag,, and I hope this topic becomes a warning sign for anyone considering trying their service.
openmonero.com may actually be one of the most secure platforms out there, thanks to its use of non-custodial trade settlements, non-custodial funding, and relatively quick trade finalization (on hour). To date, only about 20k USD of user funds have been stolen, (plus 3k arbiter funds), despite a monthly trade volume of roughly half a million dollars. Had I implemented a setup like haveno, I’d probably have seen at least 2 million USD stolen (good luck trying to refund that).
You can read more about the hack here:
http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/post/59e5b924658bac9124d0