# LocalMonero

> Source: https://fuckyc.org/services/localmonero/
> Website: https://localmonero.co/
> Categories: P2P exchanges
> KYC: none — No KYC was required while the service operated. Service wound down in May 2024.
> Status: defunct
> Jurisdiction: Hong Kong (operator-disclosed)
> Fiat on-ramp: yes
> Payment methods: cash-in-person, cash-by-mail, sepa, bank-transfer, gift-card
> Founded: 2017
> Open source: no
> Custodial: yes
> Last verified: 2026-01-01

## 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 Entry kept for historical reference.

## 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).

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## What LocalMonero was

A peer-to-peer Monero exchange with custodial escrow, operated until May 2024.

## Threat-model fit

Historical reference. Use AgoraDesk for the current product.

## Sources

- [LocalMonero closure announcement](https://localmonero.co/blog) — accessed 2026-01-01
- [KYCnot.me — LocalMonero entry](https://kycnot.me/service/localmonero) — accessed 2026-01-01