Haveno

Hello everyone.

Last week, I used Haveno (reto) to buy XMR for the first time, and everything went really smoothly. Now, I'm considering selling small amounts of XMR, but I have a few concerns and questions before jumping in.

I've been trying to figure out how the account signing feature works, but I haven’t found any clear documentation.

How does the signing system operate on Haveno?

What’s the process for getting your account signed, and how important is it for someone who wants to start selling XMR? Are there specific benefits to having a signed account, aside from trust and higher limits?

Risks with SEPA Payments:

How likely is it that someone could pay me with a stolen/hijacked bank account when using instant SEPA? I’ve heard that chargebacks can happen if this is the case, but I’m not sure how common this risk is, especially for smaller transactions. Has anyone who's used Haveno or Bisq experienced this?

Using PayPal (Friends & Family):

I was thinking of using PayPal and enforcing "Friends & Family" payments to avoid chargebacks. However, is this even an option for selling XMR? Has anyone actually done this successfully, and if so, what should I be aware of?

I’d appreciate any advice or experiences from people who have been selling XMR in these ways. Thanks in advance!

I am making this post in the name of transparency, regarding a specific dispute case involving the arbitrator Tinted and user Grefin. In the following I try to be as neutral as possible.

Timeline of events:

19th of August:

A trade with Grefin as maker and XMR seller is taken, however the trade partner asks Grefin for extra identifying information, claiming it was requested by the bank.

A taker should only expect to receive whatever is stated in the offer. At this point Grefin has every right to have the trade canceled.

Grefin opens a dispute, stating the issue to the arbitrator Tinted and asks for the trade to be canceled due to the extra information asked for by their trade partner.

Tinted agrees but still needs to confirm with Grefins trade partner that the trade should be canceled and no funds were sent.

21st of August:

Tinted gives the non-responsive trade partner 24 hours to respond, otherwise they will assume no funds have been paid and cancel the trade.

The trade was a sell offer worth 4.2882 XMR with a 0.675 security deposit, which amounts to 4.9632 XMR. Since the maker fee of 0.5% still applies so the payout amount to Grefin should have been ~4.93838 XMR minus Monero network fees.

Tinted decided a small reimbursement from the taker towards Grefin is justified and tries to pay out 4.95 XMR to Grefin.

This payout fails due to a (now fixed) Haveno bug. Tinted instructs Grefin to apply a patch to their local Haveno-reto client to enable the option to re-open the closed dispute and re-attempt the payment before the next version of Haveno-reto is released.

Re-opened disputes can sometimes be displayed in a bugged state where they are open on the client side but still closed on the arbitrator side. At this point the client can send messages and the arbitrator can read them but is unable to reply.

Eventually the payment is properly broadcasted and Grefin receives a payout of 4.95 XMR. Due to the trade fee, Grefin has now 0.0132 XMR less than before the trade and 0.01162 XMR more than without the small reimbursement made from the trade partners security deposit.

At this point, Tinted is unaware the payout has cleared and is waiting on version 1.0.11 to release to re-attempt the payout.

5th of September:

Grefin asks Tinted in the Haveno reto SimpleX group why they have received less than they expected, claiming their trade partner tried to scam them and that they deserve the partners full security deposit of 0.675 XMR. Grefin also accused Tinted of potentially colluding with the trade partner but didn't provide any details nor evidence supporting this very serious accusation.

We have stated in the past that we make our decisions with the help of bisqs table of penalties. Since Haveno is still relatively new, we are more lenient in regards to traders going MiA since it might be related to a software issue. According to the table, asking for more info (specifically "shotgun KYC") carries a penalty of up to 10% of the security deposit. Since the request for more information was made before any funds were sent, Tinted chose to only apply a fraction of the penalty.

I offered Grefin to pay 0.25 XMR out of my own pocket but they have declined. Tinted offered to pay the full 10% penalty (0.067 XMR) to Grefin out of pocket but so far Grefin has not provided a Monero address.

In my personal opinion, Tinted did not make a major mistake, although Grefin should have had the entirety of the arbitration fee covered by the trade partners security deposit. In the future we will put extra importance on this when making payout decisions.

This situation has highlighted the maker-taker fee split. I would like to know peoples opinions on if we should keep the existing split (0.1% taker, 0.5% maker) or adjust it. For comparison, Localmonero used to have a 1% taker and no maker fee. I should also mention that we are reluctant to setting either side to 0% since we don't know for sure that it won't cause any software-related issues.

Thank you for reading, I hope this post clears up any misunderstandings regarding this specific arbitration case.

-m, haveno-reto

cross-posted from: https://lemmy.zip/post/20730504

This one brings a ton of excellent updates. Take a look at the change log.

https://github.com/retoaccess1/haveno-reto/releases

cross-posted from: https://monero.town/post/3984696

Any help with the wiki would be majorly appreciated. it's as easy as opening pull requests against the repo: https://github.com/haveno-dex/haveno-docs

those changes are automatically published to the official docs: https://docs.haveno.exchange/

here are open issues with the wiki label: https://github.com/haveno-dex/haveno/issues?q=is%3Aopen+is%3Aissue+label%3Awiki

Should we start a bounty? Current .deb requires the user to have sudo privileges and installs into root file directory. The first one is cumbersome for TailsOS users and the second one is cumbersome for QubesOS users.

An AppImage, in contrast, is a self-contained packaging for linux programs, that doesn't require sudo privs nor installation to root file dir. The user can simply double click on the AppImage and it will get Haveno working instantly.

Currently, Haveno/-Reto doesn't have an AppImage release. How do we get one? I am not a programmer, so I can't cook one for them. So, would opening a bounty on bounties.monero.social be helpful?

Putting aside the difficulty with setting up the application (not impossible, installing is not friendly to non-tech users), I have not had too much luck completing a haveno transaction just yet. Last time I used Haveno there were not many Zelle/CashApp vendors. When attempting to transact with some vendors I got an error message along the lines of "arbitrator not available" which quite honestly I don't understand what it means or how to get around it.

I am hoping these issues are temporary since the network is literal weeks old. I am just wondering if anyone has had a more smooth experience using Haveno to aquire monero?

• Documentation
• Installers
• Reto group-chat / Haveno (software) group-chat

Since Monero transactions are not 100% untraceable and these anonymous marketplaces may attract people with illegaly obtained money...

Cross posting to Haveno community

In this tutorial we're going to cover how to buy Monero, for cash by mail on the Haveno Decentralised Exchange. This was the most popular payment method back on LocalMonero, due to being an improvement over bank transfers (like SEPA in the EU) when it comes to trading larger volumes in the long run, as Cash cannot easily be traced by adversaries unlike bank transfers, making Cash by Mail one of the most private ways to exchange real world money for Monero.

https://blog.nihilism.network/servers/haveno-cashbymail/index.html

Let me know if there's anything i missed in that tutorial :)

In this tutorial we're going to cover an instant SEPA transfer (which is a bank transfer) transaction for monero, this is one of the most popular payment options in the EU region. Instant SEPA was a personal favorite of mine back on the now defunct Localmonero, mainly due to the speed of the transanction, the only requirement being that the other peer has a bank account that supports instant SEPA transfers.

https://blog.nihilism.network/servers/haveno-sepa/index.html

check it out ;)

Is there currently a way to get Haveno-Reto running on Tails? I have not tried running the standard Linux build yet, because it's likely to be a waste of time. Usually running an app on Tails requires a unique build because of the unique way Tails's Persistent function works, even though it's Debian-based.

If Haveno-Reto does not support Tails yet, it would be much appreciated and great for all-round privacy if someone could create a functioning build in the future. Doing so myself is sadly above my capabilities. Tails already supports Feather, so Haveno would be a great addition, especially now since localmonero is down.

cross-posted from: https://monero.town/post/3159232

The network is live and we have already seen some successful trades!

We have just updated to Haveno version 1.0.4 and this includes some changes to the default application folder so we ask you to please

BACK UP your haveno wallet seedphrase

afterwards uninstall Haveno and clear your Haveno app directory located at:

-Linux: ~/.local/share/Haveno/

-macOS: ~/Library/Application Support/Haveno/

-Windows: ~\AppData\Roaming\Haveno\

Afterwards you can install Haveno again via the installers on this page (click on the most recent workflow run and scroll down) or compile it yourself via the repo.

This wipes existing offers and trade history. Impact on users should be minimal since this happened before many trades occurred. We don't expect this to happen again in the future.

cross-posted from: https://monero.town/post/3138955

At least 2 separate Haveno networks have launched as of today. One is called Reto and the other is called HardenedSteel. Those are the only ones I'm aware of right now, and things are happening pretty fast.

The haveno software was designed with the assumption that only a single network would be operated. People could fork it and run their own networks, but they wouldn't interact directly at all. But it looks to me as of this moment this is not how it is going to play out.

The client has the network info hard coded. So to use more than one, you need two copies of the client. This means that for most people they have to pick one. And, users might not understand this, just google "haveno" and pull the first git repo they see. This has significant, fast moving and quickly ossifying network effects with big repercussions.

We need to be very vigilant right now, as we are about to witness the very swift rise of a major power broker in our community. We don't want to start using a Haveno network run by scammers or authoritarians. Each network is it's arbitrators, and soon, the merchants on each one.

I think it's probably a good idea to figure out a way to connect to multiple networks, and to show listings with details about which network/arbitrator set a user is trusting when taking up a listing.

I'm cautiously optimistic, Monero has gotten rid of powerful people without a hitch before. But it is a bigger community now and that will be much harder to do. If we are vigilant during this time and we get through this successfully I think we become unbeatable, but the road directly ahead of us is treacherous, the next few days are going to move very fast.

cross-posted from: https://monero.town/post/3159232

The network is live and we have already seen some successful trades!

We have just updated to Haveno version 1.0.4 and this includes some changes to the default application folder so we ask you to please

BACK UP your haveno wallet seedphrase

afterwards uninstall Haveno and clear your Haveno app directory located at:

-Linux: ~/.local/share/Haveno/

-macOS: ~/Library/Application Support/Haveno/

-Windows: ~\AppData\Roaming\Haveno\

Afterwards you can install Haveno again via the installers on this page (click on the most recent workflow run and scroll down) or compile it yourself via the repo.

This wipes existing offers and trade history. Impact on users should be minimal since this happened before many trades occurred. We don't expect this to happen again in the future.

cross-posted from: https://monero.town/post/3154076

In this tutorial I cover how to do a Fiat to Monero trade from the brand new (and long awaited!) Haveno Decentralised Exchange, using the Face-to-Face (F2F) payment method.

using the Haveno Reto Network, feel free to drop in some feedback if you think i can improve that tutorial :) https://blog.nihilism.network/servers/haveno-client-f2f/index.html

cross-posted from: https://monero.town/post/3194971

First step:

BACK UP your haveno wallet seedphrase

Afterwards you can install the update by running the installers from this page (click on the most recent workflow run and scroll down) again or compile it yourself via the repo. Unlike last time, there is no need to wipe any data beforehand.

You can make a manual backup by copying your haveno-reto app directory somewhere safe. You should be able to find it here:

-Linux: ~/.local/share/Haveno-reto/

-macOS: ~/Library/Application Support/Haveno-reto/

-Windows: ~\AppData\Roaming\Haveno-reto\

Changes:

• Update Tor by @preland
• Fix the backup function.
• Fix incorrect translations in withdraw screen.
• Fix incorrect amounts and error in order statistics view.
• Deduplicate trade history view.
• Reset state if main wallet is swapped.
• Remove excessive warnings in main wallet polling.

cross-posted from: https://monero.town/post/3194482

In this tutorial we're going to cover how the Haveno DEX handles trade disputes, which can happen as, after all it's decentralised, and anonymous by default.

https://blog.nihilism.network/servers/haveno-arbitrator/index.html

feel free to let me know if i should improve something in this one :)

Creating a new community for news and information related to Haveno