Author

Topic: Need some understanding on Linden Dollars (Read 831 times)

member
Activity: 70
Merit: 10
August 08, 2014, 10:06:28 AM
#7
Go to VirWox and exchange them for BTC
sr. member
Activity: 280
Merit: 250
August 08, 2014, 09:54:00 AM
#6
If you start buying in volume and converting back and forth BTC-LD-USD then VirWox will shut your account down. They do not want to be used as a method to convert BTC to USD.


~BCX~

what volume? i have had no problem doing just under $2k a month.
sr. member
Activity: 364
Merit: 250
August 08, 2014, 09:42:15 AM
#5
I was interested in in buying linden dollars, I know there are exchanges that sell, them.

the Question I have is that can I buy Linden dollars from another exchange and sell them to another for another currency?

Linden Dollars is the currency that is used in Second Life, there are exchanges out there that can do for example Lindens to Euros or GBP, you can also buy them in world.

There is one exchange that I know of called Virwox that allows you to buy SLL (linden dollars) with USD and EUR and other currencies and then you can then get BTC with it.

You can not use Virwox to buy directly from USD to BTC etc, has to be SLL first, you can also go BTC to SLL and then you can then go SLL to USD etc etc.

It is quite handy, the only thing you have to be aware of are the fees. I have used them now and again as I already have a Second life account, I have gone from BTC to SLL, then SLL to GBP, you can then get get your GBP paid to you through Paypal, but like I said, they take a cut for that and also Paypal charge you a fee.

I heard there are limits when buying Linden dollars with Paypal and credit card, if this true, then shucks guess I cant convert much money into crypto currency
sr. member
Activity: 364
Merit: 250
August 05, 2014, 03:55:40 AM
#4
the question is that can I buy from one and exchange SLL and sell to another SLL because I see that exchanges cheaper then virvox and thats why I would buy from others
sr. member
Activity: 672
Merit: 253
August 05, 2014, 03:04:50 AM
#3
Virwox has pretty high fees. I'm sure you could find somewhere cheaper to buy Lindens. Why do you want them, if you don't mind me asking?
legendary
Activity: 910
Merit: 1000
August 05, 2014, 02:54:13 AM
#2
I was interested in in buying linden dollars, I know there are exchanges that sell, them.

the Question I have is that can I buy Linden dollars from another exchange and sell them to another for another currency?

Linden Dollars is the currency that is used in Second Life, there are exchanges out there that can do for example Lindens to Euros or GBP, you can also buy them in world.

There is one exchange that I know of called Virwox that allows you to buy SLL (linden dollars) with USD and EUR and other currencies and then you can then get BTC with it.

You can not use Virwox to buy directly from USD to BTC etc, has to be SLL first, you can also go BTC to SLL and then you can then go SLL to USD etc etc.

It is quite handy, the only thing you have to be aware of are the fees. I have used them now and again as I already have a Second life account, I have gone from BTC to SLL, then SLL to GBP, you can then get get your GBP paid to you through Paypal, but like I said, they take a cut for that and also Paypal charge you a fee.
sr. member
Activity: 364
Merit: 250
August 05, 2014, 02:46:53 AM
#1
I was interested in in buying linden dollars, I know there are exchanges that sell, them.

the Question I have is that can I buy Linden dollars from another exchange and sell them to another for another currency?
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