what is a monthly trading limit ?

[theAngelgrl1]

i looked every where. and have asked my friends what  Monthly Trading limit is and they dont know. and said they never got that before. and i kinda want it ot me explied better to me

[Alwin Alcott]

copied form the knowledgebase:

 

LindeX™ Exchange: Billing and Trading Limits

Why there are billing and trading limits

These limits exist so that we can better accommodate the needs of our Residents while mitigating our fraud risk.

Your current billing and trading limits

If you're logged in your current limits are highlighted below.

How buyer's or seller's fees relate to billing and trading limits

The buyer's and seller's fees on the LindeX™ exchange are not related to billing and trading limits, they are fixed and everyone is subject to the same fee schedule. Only the rolling 24 hour and rolling 30 day limits vary.

How to request review of your limits

You may request a review of your account to increase your limits. Please visit the support system and submit a ticket.

Select Billing -> LindeX™ Billing and Trading Limits Review Request

We'll review your request and get back to you within 5 business days.

What is considered during a typical limits review

Typically we are looking at your LindeX™ usage and your payment history.

Limits

Notes:

• 24 hour and 30 day limits are computed on a rolling basis.
• The buy limit summarizes and restricts market and limit buy usage of the LindeX™ exchange.
• The sell limit summarizes and restricts market and limit sell usage of the LindeX™ exchange.
• The purchase limit summarizes all US$ billing activity that was not fulfilled from a credit on your US$ account balance. The purchase limit restricts all nonrecurring US$ billing activity that can not be fulfilled from a credit on your US$ account balance.
• "Days" in the New Resident limits description refers to days since first billing transaction with Linden Lab.

Resident Monthly Limits

 

	New Residents	Level
0 to 1 Days	2 to 7 Days	8 to 27 Days	1	2
Buy L$	US$30	US$100	US$300	US$2,000	US$10,000
Sell L$	US$0	US$0	US$300	US$2,000	US$5,000
Purchase	US$250	US$500	US$1,300	US$5,000	US$10,000

 

Business Owner Limits

 

	Level
1	2	3	4
Buy L$	Per 24 Hours	US$5,000	US$5,000	US$5,000	US$5,000
Per 30 Days	US$5,000	US$5,000	US$5,000	US$5,000
Sell L$	Per 24 Hours	US$5,000	US$5,000	US$10,000	US$20,000
Per 30 Days	US$5,000	US$20,000	US$80,000	US$320,000
Purchase	Per 24 Hours	US$10,000	US$10,000	US$10,000	US$10,000
Per 30 Days	US$10,000	US$10,000	US$20,000	US$40,000

 

Enterprise Limits

 

	Level
1	2	3	4
Buy L$	Per 24 Hours	US$10,000	US$10,000	US$20,000	US$30,000
Per 30 Days	US$10,000	US$40,000	US$160,000	US$640,000
Sell L$	Per 24 Hours	US$10,000	US$20,000	US$30,000	US$100,000
Per 30 Days	US$20,000	US$80,000	US$320,000	US$1,280,000
Purchase	Per 24 Hours	US$20,000	US$80,000	US$320,000	US$1,280,000
Per 30 Days	US$20,000	US$80,000	US$320,000	US$1,280,000

 

Currency Trader Limits

 

	Level
1	2	3	4
Buy L$	Per 24 Hours	US$10,000	US$20,000	US$30,000	US$40,000
Per 30 Days	US$20,000	US$80,000	US$320,000	US$1,280,000
Sell L$	Per 24 Hours	US$10,000	US$20,000	US$30,000	US$40,000
Per 30 Days	US$20,000	US$80,000	US$320,000	US$1,280,000
Purchase	Per 24 Hours	US$5,000	US$5,000	US$5,000	US$5,000
Per 30 Days	US$5,000	US$5,000	US$5,000	US$5,000

 

Billing and Trading Restricted Monthly Limits

 

Buy L$	US$0
Sell L$	US$0
Purchase	US$0

 

Supply Linden's Limits

 

Buy L$	Per 24 Hours	US$0
Per 30 Days	US$0
Sell L$	Per 24 Hours	US$300,000
Per 30 Days	US$1,280,000
Purchase	Per 24 Hours	US$0
Per 30 Days	US$0

 

What to do if the limits listed above don't meet your needs

If the limits listed above don't meet your needs please send a limit review request as described above. Include information about your needs. We'll review your request, and if appropriate create additional limits or make adjustments to the existing limits.