I feel like i could be being ripped off with monero xmr.

[tpboy]

Because of my disabilities i need help. Has anyone familiar with monero xmr? I have someone helping me with this process. They tell me that for every 100usdi only end up with about $40 worth of monero. Is this true? Are there fees, ect that you must pay?

 

[day]

you are definitely being scammed as that not how crypto by any means works. you buy fractions of the "coin" and it translates just about how much you put into it minus some gas fees. $100USD should translate to a minimum of $90USD. why no buy yourself on an app such as coinbase?

 

[AbusedInnocent]

Transaction fees are fairly low with Monero so if you're buying through a P2P marketplace then they're taking a huge cut.