Difference between revisions of "Linden Lab Official:How do I sell Linden dollars (L$) on the LindeX?"

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If you find yourself with more Linden dollars than you need, you can sell some of them on the [https://secondlife.com/currency/ Linden Dollar Exchange (LindeX)]. Sell Orders may be partially filled: Your Linden Dollars might sell to multiple buyers, and not all at the same time, and the order remains open until they're sold or you cancel the order. Proceeds are paid at the time of sale, less [https://secure-web11.secondlife.com/currency/describe-transaction-fees.php transaction fees].
If you find yourself with more Linden dollars than you need, you can sell some of them on the Linden Dollar Exchange (LindeX). Sell Orders may be partially filled: Your Linden Dollars might sell to multiple buyers, and not all at the same time, and the order remains open until they're sold or you cancel the order. Proceeds are paid at the time of sale, less transaction fees.
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==Market Sell==
 
==Market Sell==
  
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[https://secondlife.com/currency/sell.php Market Sell] is the quickest and easiest way to sell Linden dollars on the Second Life website. LindeX will automatically match your order with the best exchange rate based on the number of Linden Dollars you wish to sell.
  
Market Sell is the quickest and easiest way to sell Linden dollars on the Second Life website. LindeX will automatically match your order with the best exchange rate based on the number of Linden Dollars you wish to sell.
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# Go to [https://secondlife.com/currency/sell.php https://secondlife.com/currency/sell.php]
 
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# Go to https://secondlife.com/currency/sell.php
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# Enter the amount of Linden dollars you wish to sell.
 
# Enter the amount of Linden dollars you wish to sell.
 
# Click the '''Sell''' button.''''''
 
# Click the '''Sell''' button.''''''
 
  
 
{{KBnote| '''Note:''' Unlike Market Buys, Market Sells do not complete instantly. However, they do generally complete more quickly than Limit Sells!
 
{{KBnote| '''Note:''' Unlike Market Buys, Market Sells do not complete instantly. However, they do generally complete more quickly than Limit Sells!
 
}}
 
}}
 
  
 
==Limit Sell==
 
==Limit Sell==
  
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Limit Sell allows you to specify the amount of Linden Dollars and the ''maximum'' exchange rate you are willing to accept. LindeX automatically matches up buy offers as they come in. In order to activate your option to perform Limit Sells, you must set your [https://secondlife.com/account/currency_settings.php Linden Dollar Exchange Settings] to '''Advanced'''.
  
Limit Sell allows you to specify the amount of Linden Dollars and the ''maximum'' exchange rate you are willing to accept. LindeX automatically matches up buy offers as they come in. In order to activate your option to perform Limit Sells, you must set your Linden Dollar Exchange Settings to '''Advanced'''.
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# Go to [https://secondlife.com/currency/sell.php https://secondlife.com/currency/sell.php]
 
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# Go to https://secondlife.com/currency/sell.php
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# Under '''Offer to Sell Linden Dollars (Limit Sell)''', enter ''both'' the quantity of L$ you wish to sell, and the ''maximum'' exchange rate you wish to sell at.
 
# Under '''Offer to Sell Linden Dollars (Limit Sell)''', enter ''both'' the quantity of L$ you wish to sell, and the ''maximum'' exchange rate you wish to sell at.
 
# Click '''Offer to Sell'''
 
# Click '''Offer to Sell'''
 
  
 
{{KBnote| '''Note:''' Because LindeX exchange rates fluctuate regularly, you may have to wait for some time before your Limit Sell order completes. If you set your maximum exchange rate too low, your transaction may not complete in a timely fashion.
 
{{KBnote| '''Note:''' Because LindeX exchange rates fluctuate regularly, you may have to wait for some time before your Limit Sell order completes. If you set your maximum exchange rate too low, your transaction may not complete in a timely fashion.
 
}}
 
}}
 
  
 
===Canceling a Limit Sell Offer===
 
===Canceling a Limit Sell Offer===
  
 
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You can cancel a Limit Sell Offer in progress on the [https://secondlife.com/currency/history.php LindeX: Transaction History] page. You may wish to cancel a Limit Sell in order to alter your desired exchange rate, or if you change your mind about the amount of Linden dollars you wish to sell.
You can cancel a Limit Sell Offer in progress on the LindeX: Transaction History page. You may wish to cancel a Limit Sell in order to alter your desired exchange rate, or if you change your mind about the amount of Linden dollars you wish to sell.
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[[Category:LindeX]]
 
[[Category:LindeX]]
 
[[Category:Linden Dollars (L$)]]
 
[[Category:Linden Dollars (L$)]]
 
[[Category:Knowledge Base]]
 
[[Category:Knowledge Base]]

Revision as of 17:00, 31 December 1969

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If you find yourself with more Linden dollars than you need, you can sell some of them on the Linden Dollar Exchange (LindeX). Sell Orders may be partially filled: Your Linden Dollars might sell to multiple buyers, and not all at the same time, and the order remains open until they're sold or you cancel the order. Proceeds are paid at the time of sale, less transaction fees.

Market Sell

Market Sell is the quickest and easiest way to sell Linden dollars on the Second Life website. LindeX will automatically match your order with the best exchange rate based on the number of Linden Dollars you wish to sell.

  1. Go to https://secondlife.com/currency/sell.php
  2. Enter the amount of Linden dollars you wish to sell.
  3. Click the Sell' button.'
KBnote.png Note: Note: Unlike Market Buys, Market Sells do not complete instantly. However, they do generally complete more quickly than Limit Sells!

Limit Sell

Limit Sell allows you to specify the amount of Linden Dollars and the maximum exchange rate you are willing to accept. LindeX automatically matches up buy offers as they come in. In order to activate your option to perform Limit Sells, you must set your Linden Dollar Exchange Settings to Advanced.

  1. Go to https://secondlife.com/currency/sell.php
  2. Under Offer to Sell Linden Dollars (Limit Sell), enter both the quantity of L$ you wish to sell, and the maximum exchange rate you wish to sell at.
  3. Click Offer to Sell
KBnote.png Note: Note: Because LindeX exchange rates fluctuate regularly, you may have to wait for some time before your Limit Sell order completes. If you set your maximum exchange rate too low, your transaction may not complete in a timely fashion.

Canceling a Limit Sell Offer

You can cancel a Limit Sell Offer in progress on the LindeX: Transaction History page. You may wish to cancel a Limit Sell in order to alter your desired exchange rate, or if you change your mind about the amount of Linden dollars you wish to sell.