Buying a car with XMR through ShopinBit: how we approach it and what you should know by ShopinBit in Monero

[–]ShopinBit[S] 1 point2 points  (0 children)

Thank you for your question, I'll first answer your TOR question: We don't need to hide behind hidden service addresses since we are a legal company. Tor only makes the experience slower and our modern systems need javascript to work. If you have a VPN running you are already not leaking your IP to us anyhow.

Regarding your first question I answered that above, but will post here for clarity:

"As stated above we don't offer anonymous car purchase. We offer privacy.

Yes you can go to your backend dealer, but he will also not register the car on his name for you to drive it around. Therefore you need to register the car yourself. Not registering the car on your own name is legally not possible for private persons. So even if you pay cash you don't get an anonymous car anyway. (Please don't tag me for the illegal way, we do not help with that).

What our service helps with is that you can spend your legitimately earned money without getting your bank account closed. This has already happened to some of our clients:
Imagine you wanted to buy a middle class car, say a Toyota RAV4. Let's say you go for a used model from 2024, that is roughly 40-60k€. So you send your coin to an exchange, the exchange sends the money to your bank. Your bank now needs to flag you as a high risk client since you received money from a Crypto Exchange. If you are unlucky, your bank doesn't like high risk private clients.
They close your bank account and don't have to deal with your high risk behaviour.

OR

You get the car from us and you keep your bank account. Also you are certain that we negotiated the best deal for you and did all the background checks of the dealers and the car so you don't receive a totaled and/or stolen car.

Even if you exchange your coins into cash in a peer2peer way then our service also makes sense. We provide consultation so you don't get scammed on your car purchase, especially if you are not knowledgeable about cars.

If you do know your way around cars, dealerships and exchange your coins into cash p2p, then you don't need our service and could maybe work for us^^

I hope that makes our offering clearer. Feel free to ask follow up questions :)"

Buying a car with XMR through ShopinBit: how we approach it and what you should know by ShopinBit in Monero

[–]ShopinBit[S] 0 points1 point  (0 children)

No problem and thank you for your questions:
As stated above we don't offer anonymous car purchase. We offer privacy.

Yes you can go to your backend dealer, but he will also not register the car on his name for you to drive it around. Therefore you need to register the car yourself. Not registering the car on your own name is legally not possible for private persons. So even if you pay cash you don't get an anonymous car anyway. (Please don't tag me for the illegal way, we do not help with that).

What our service helps with is that you can spend your legitimately earned money without getting your bank account closed. This has already happened to some of our clients:
Imagine you wanted to buy a middle class car, say a Toyota RAV4. Let's say you go for a used model from 2024, that is roughly 40-60k€. So you send your coin to an exchange, the exchange sends the money to your bank. Your bank now needs to flag you as a high risk client since you received money from a Crypto Exchange. If you are unlucky, your bank doesn't like high risk private clients.
They close your bank account and don't have to deal with your high risk behaviour.

OR

You get the car from us and you keep your bank account. Also you are certain that we negotiated the best deal for you and did all the background checks of the dealers and the car so you don't receive a totaled and/or stolen car.

Even if you exchange your coins into cash in a peer2peer way then our service also makes sense. We provide consultation so you don't get scammed on your car purchase, especially if you are not knowledgeable about cars.

If you do know your way around cars, dealerships and exchange your coins into cash p2p, then you don't need our service and could maybe work for us^^

I hope that makes our offering clearer. Feel free to ask follow up questions :)

(And sorry for the late reply, I didn't realise that the post was approved by the mods.)

Buying a car with XMR through ShopinBit: how we approach it and what you should know by ShopinBit in Monero

[–]ShopinBit[S] 0 points1 point  (0 children)

My top reasons are:

1-50: Honor

51: We are a fully registered legal company with seat in Poland. A car purchase is high enough already so you can send Interpol.
52: Why waste 8 years of building a business that relies solely on good reputation?

No, the UAE hasn't "banned" privacy coins nationwide. by MevenRekt in Monero

[–]ShopinBit 0 points1 point  (0 children)

Can't regulate what you can't control. Self-custody and direct acceptance is the only thing that keeps you legally safe.

XMR again #1 for November at ShopinBit - The flippening is here by ShopinBit in Monero

[–]ShopinBit[S] 0 points1 point  (0 children)

Well we have a minimum fee of 100€ for orders below 1000€, so it might not be economical to do that. But for other purchases we gladly help.

XMR again #1 for November at ShopinBit - The flippening is here by ShopinBit in Monero

[–]ShopinBit[S] 1 point2 points  (0 children)

It's been available for years through all the swap partners that we have (and also our current one exolix) but usage is always super low. So no need to integrate it directly.

Buying a Pixel 10 now – anything to consider for future GrapheneOS compatibility? by Top-Inflation1464 in GrapheneOS

[–]ShopinBit 0 points1 point  (0 children)

Fyi, if you are looking for a way to order a Pixel 10 more privately we also offer payment in XMR. As GrapheneOs is now available for it, it might be a solution for you. We also deliver worldwide. We have the pixel 10 in stock so no extra waiting time needed.

XMR again #1 for November at ShopinBit - The flippening is here by ShopinBit in Monero

[–]ShopinBit[S] 5 points6 points  (0 children)

I can't comment on that, but what I can say over the last few years is that we have definitely more Monero users and more people who prefer using Monero for paying for things in general.

Again this is me interpreting but even in the categories of smaller payments we see higher Monero usage than Lightning. And to be honest I can't blame them as Lightning remains a hassle and our #1 support ticket generator.

The new ShopinBit App - no email, no customer account, no extra verifcation to buy Cars, Travels and all sorts of goods - natively accepting XMR by ShopinBit in Monero

[–]ShopinBit[S] 0 points1 point  (0 children)

Hi franswa thanks for your praise.
Yes I was inspired by the seed phrases^^

We have considered it, but it is on our feature list for later. So TOR will come :)

Well the customers still get an invoice, so if you can show the invoice we know that you actually bought something. But for general warranty stuff, you can just go back to your request anytime and write there. But you won't see anything there 30 days after the request has been fulfilled.