How do i get more L$ for my buck on the Lindex?

[Marlon Wulluf]

Seeing that this post is a question about commerce, and as there is no specific Lindex sub-forum, I have to put it here.

 

OK, so, I want to buy some L$ through the Lindex, but the list of open sell orders show I can use an xchange rate from L256/US$1 through to L$281/US$1, and for L$10,000 at the current rate of 242.72:1 I would get charged US$40.30, but limit buying at L$10,000 with a rate of L$280/US$1 I would get charged US$36.02., but doing so, sits the order as open for weeks,,,,,sooo, how does one get more L$ for the buck within a few days?

[Buttacwup Float]

Generally you don't. The LINDEX is an exchange. You need to have a buyer and seller at the right level. The vast majority of the transactions are at that 248 level. Very few people sell at those higher levels...

[Perrie Juran]

Pretty much what Seanabrady said.

The reason all those orders are open is because no one is buying at 248 and less or selling at 257 and higher.

Essentially all that the Lindex does is fascilitate transactions between users who or buying or selling.

Trying to buy or sell at an open rate is very likely not to happen.  According to Grid Survey some transactions are going through at 247/257 but it is probably very few and those people have probaly waited a very long time.

You need to pick a number between those rates or you are going to wait forever.