This Liberty Market review comes at a time when markets are either getting seized, exit-scamming or just going dead.
Well, new markets spring up almost everyday. Each hope of making it big on the darkweb, only some do. Is Liberty Market the market which finally surpasses Silk Road? Or, is it at least a basic market which will get a buyer and vendor what they want?
That’s what we’re discussing throughout this piece today. Why should you read through? We’ve got 6 solid questions you’ll find answers to in this piece:
If that doesn’t answer your basic questions, you can always check the market out for yourselves, right?
Let’s start this Liberty Market review with an overview?
What is Liberty Market?
As most of you probably know, it’s a market on the Tor network, or, a darknet market as is commonly known. It mostly facilitates trades of illegal goods (although, legal items can be sold as well.)
The market acts as an escrow and connects buyers with vendors. It allows for anonymous payments, wherein no party has to personally know the other party.
Here are its primary features:
- Onion URL: liberty6o7lubin4t2nzyebylmk4l4xfw6kk2o5xhg3fahqoatfiprqd.onion
- Payments: Bitcoin & Monero (Wallet deposits)
- Age: Less than 1 month (As of January, 2021)
- Vendors: Allowed
- Security features: 2-FA, Security PIN
Let’s get you what you came here for then?
What products does Liberty Market sell?
Obviously, being a darknet market, we should talk of its products first. Those are what make it a “darknet market” to begin with, don’t you agree?
So, the available product categories start with “Drugs” (obviously). It has the most number of products for now. A list of sub-categories for drugs include Ecstasy, Steroids, Stimulants, Cannabis, Prescriptions etc.
The second category on the market is “fraud”. The name hints at what the products will be, doesn’t it? It sells accounts, dumps, documents, CVV etc.
Then there’s another similar yet not identical category called “Counterfeits”. These will get you jewellery, electronics, documents, metals, dressing etc.
Software, Digital Products, Services are just some of the other product-categories which have their own sub-categories. The first two are pretty self-explanatory, aren’t they?
As for services, it sells “skills”. People can be hired to do things which need special skills and are mostly illegal. E.g. hacking, faking documents, transferring funds etc.
There’s no autoshop for now. Also, you may not see a very impressive number of products on the market. That’s because the market is pretty new. Given enough time, product-stock is never a problem on any darknet market (unless it gets taken down early on.)
What products doesn’t Liberty Market sell?
This we believe is equally important as the product-stock, isn’t it? You need to know what’s just not available and completely restricted, right?
Also, it helps us understand the moral ground a market stands on. Markets with no restrictions do make us worry.
So, Liberty Market has these specific “no-sell” policy for its vendors which restricts the listing of the following items:
Comparatively speaking, these are still the basic restrictions we’ve seen on almost all the other darknet markets in the industry. Hence, we can’t hold that against Liberty Market neither as a buyer nor a vendor.
Can you sell on Liberty Market?
There are two primary types of darknet markets. The single-admin markets, and the multi-vendor markets. Liberty Market belongs to the latter type.
It does allow anyone to sell on the market. Any profile can be upgraded to a “vendor” status given that it pays the vendor-fee.
As is the norm, if a vendor has an established reputation and a good number of sales on other darknet markets, this vendor fee is waived.
Which Cryptocurrencies does Liberty Market accept?
Liberty Market accepts two of the most popular Cryptocurrencies on the planet. And, you guessed it right. Payments can be made with Bitcoin as well as Monero. The smallest deposit which can be made is 0.0005BTC.
The withdrawal of both the Cryptocurrencies is supported as well. It may or may not include more Cryptocurrencies in the future, however, for now we’d say this is more than acceptable and gets the job done.
And yes, it provides a personal wallet for each Liberty Market account. This is one of the very few red-flags personally for us on this Liberty Market review (hey, we’re just being honest). Liberty Market is not wallet-less.
Any payments and purchases can only be completed after depositing funds to the wallet for each account.
Is Liberty Market safe and secure?
Now, we’ve divided the question in two parts. The question about “safety” will consider the aspects related to “funds” and “trust-issues”. As in, are your trades /transactions/communications safe?
On the other hand, the “security” issue will include if it’s “technically secure”. As in, against hacking/phishing/ withdrawals and other similar attacks.
So, as far as technical security goes, it does allow enabling 2-factor authentication via PGP. Then there’s also a security PIN which is set during registration.
This PIN is mandatory for withdrawals. This protects you against unauthorized users accessing your account. On top of that, users can also choose to use this PIN for all purchases.
This is optional and can be disabled as well. However, doing this ensures no funds can be moved within or out of your account without your permission.
The one feature it lacks but should’ve implemented is the “login phrase” or “anti-phishing code”. It’s a standard code set by the user, displayed on their dashboards permanently. This lets them know they’re on the original URL and not on a phishing site.
This especially is important for new markets like Liberty. With new markets, a lot of fake URLs come up. But hey, let’s just hope it gets implemented in the future.
Let’s get to account “safety” then? So, it offers very transparent vendor-profiles. You will get to know everything about a user just from their profiles. The data includes their total sales, ratings, level etc.
The market Escrow further secures transactions against fraud and scam. All in all, except the lack of the login phrase, we’d say it’s pretty secure.
Is Liberty Market user-interface easy to use?
Hey, this may not be deal-maker to you, but for some, especially the new users it does matter.
So yes, the Liberty Market UI in our opinion is pretty easy to understand as well as practical.
The links at the very top help with the market navigation. The product-categories just below that help easily find the products you’re looking for.
Even the product-listings are pretty detailed. Each product shows the price, source & destination, and the level and status of the vendor.
What it lacks in our opinion is the “payment mode indicator”. Meaning, you’d have to manually click each listing and check the exact Cryptocurrencies it accepts individually.
It would make the entire process much simpler if the currency was just displayed with the listings. Again, we can only hope it’s included in the future.
Liberty Market Review- Final verdict
We do hope this piece got you at least some idea of the market? So, let’s weigh the pros and cons?
For the pros, there’s the multi-currency payment mode, 2-FA for security and the pretty diverse product portfolio.
For the cons, the lack of a phishing code and a wallet-less mode can be listed. Overall, it’s still balanced, isn’t it?
That’ll be all as far as this Liberty Market review goes folks. It may or may not be the next big thing, it still is one to look out for.