Following the recent update to the Second Life Terms of Service, which disallows trading of Linden dollars (L$) on third party exchanges, we’ve heard from some users outside of the US who are concerned that it may now be more difficult for them to purchase L$ to use in Second Life.
With a credit card, you can purchase L$ on the LindeX using 27 different currencies, including EUR, GBP, JPY, and AUD. If you don’t have a credit card, you can also use PayPal, which can be connected directly to a bank account in more than 193 countries and regions. If you put payment info on file for your Second Life account, you can also purchase L$ right in the Viewer with the “Buy L$” button. If you’ve never done it before, check out this helpful
Now, to give users more options and make it easier to purchase L$, we’re launching a pilot program of Authorized Resellers of L$. These sites are authorized by Linden Lab to purchase L$ on the LindeX and then resell those L$ using a variety of international currencies and payment methods. To be clear: per the Terms of Service, these resellers will not be allowed to purchase L$ outside of the LindeX (i.e. they will not be able to buy L$ back from users and cash people out). The list of Authorized Resellers participating in the pilot program is available here.
If you would like to receive an application to the program when it formally launches, please send an email to LDollarSeller@lindenlab.com.
We know that users are also concerned about the length of the LindeX’s cashout process and the limited choice of currencies when selling L$. We’re currently investigating ways to improve that experience for users while still providing superior fraud protections, and hope to hasten the cashout process and offer new currency options in the future.