Jump to content

Zeek Zobovic

  • Content Count

  • Joined

  • Last visited

Community Reputation

0 Neutral

About Zeek Zobovic

  • Rank
  1. Vryl, to reitierate what CarpeDiem has said, the limit (156) you refer to is only for deposits of US$ *into* VirWoX from outside source, such as paypal. There is not limit on deposits of L$ into their Terminals, no limit for selling the L$, and no limit for then withdrawing the US$ balance out to PayPal (so far as I know). If you really do encounter a limit on taking money out of VirWoX, just contact their support email -- from my experience they'll clear it up right away. The limits are there only to prevent fraudulent use of accounts -- which will mostly be done with brand new accounts. They want your business and will raise limits to what you need to do business. (again, want to clarify I don't work for them, not speaking for them, these are my perceptions and experience) You *might* encounter a temporary security halt on your deposit of L$ to VirWoX terminal because of the security API enforced by Linden Labs, but you can contact VirWoX support email and they can clear it up very quickly (this happened to me first time I made a *large* deposit from SecondLife into a VirWoX terminal). Also, the limits on US$ Deposits into VirWox are also only temporary, the limits go up quickly after just a few days, and you can contact their support to request them to manual raise limits higher/faster than what happens automatically.
  2. I can vouch for VirWoX as well. They are very professional and *very* responsive on customer service if you email them. https://www.virwox.com is the way to go for cashing out now that xstreet is gone.
  3. For those suffering the additional delay of PayPal --> Your Bank.... why haven't you gotten a PayPal debit card yet? Go to you paypal account and get one now... it might arrive in the mail faster than the funds transfer to your bank! (and if not, at leat you will never have to deal with that delay in the future)
  4. Belladonna -- if LL's transition has not locked up your L$, you should be able to cash out with VirWoX instantly ( https://www.virwox.com/ ). Just set up and account with them and deposit L$ at one of their terminals. They don't have limits for depositing and selling L$. You might trip up the security API the first time if you make large deposits. If so, just email the VirWoX support... they were very responsive to me. Worst case is you cash out over there as soon as LL frees up y our L$ from the transition (I didn't have any L$ tied up in Xstreetsl exchange orders, so I don' t know if thhose L$ are inaccessible for those who do). Anyway, with luck you'll be able to cash out in time for your son's bday. Worst worst case: if it is US$ funds that you have stuck in limbo between xstreet and secondlife... then as soon as they are free buy L$ on the Lindex and *then* depost those to VirWoX and cashout. LL claims they will take 24 hours to transfer balances from xstreet to secondlife accounts... after that you should be able to deposit to virwox and cashout nearly instantly. Good Luck!
  5. Larisa, the XStreet Exchange charged a commission as well, just in a different way, but it always factored into the price people offered. Most people buying Lindens couldn't be bothered to learn how to do a "mass pay" to make deposits, so they were paying 2.2%. The XStreetSL exchange also had a "30 pip spread" which had the same effect as a 1.1% commission. That totals to an approximate 3.3% commission. Just because you were not paying this commission directly, the people who bought your L$ when yo cashed out were paying it, and for that reason, and this affected the prices you could get. Here for example were your various options (effective prices) for cashing out up until the Xstreet xchange close a few hours ago; Lindex: Immediate sale, plus days to "process credit": 265 + 3.5% = 274.3 L$ / $ Sell in less than an hour, plus days to "process credit": 255 + 3.5% = 263.9 L$ / $ Sell in 1-2 days, plus days to "process credit": 254 + 3.5% = 263.4 L$ / $ XStreetSL: -- more volatile, but below are fairly typical recent prices: Immediate (Market) sale, Immediate withdrawal: 275 L$ / $ Limit Sale*, variable delay, immediate withdrawal: 267 L$ / $ Of course on the limit sales, you could set your own price, L$/$, but too low and you might wait forever for the market to go that low. Except for occassion lucky, random dips on Xstreet, your best price was always to wait about 5 days (average total) to cashout on the Lindex at 263.4. If you absolutey had to have an immediate cashout, then Xstreet's "typical" price of around 275 was not much different from the Lindex's fastest option at 274.3. Quite often you could end up with a much worse price on Xstreet, maybe up to 280 or so, depending on market fluctuations at the moment and sometimes you might get lucky and the market price would go dow to 270 or so. Generally speaking you were getting significantly worse prices on xstreet than on the Lindex -- those prices reflected what you (and everyone else) were willing to pay for immediate access to your money as well as the commissions ("conversion fee") payed by buyers and the "spread".
  6. Right now I think the only good Exchange Market for L$ is the VirWoX: https://www.virwox.com/ You can cash out (and in) as fast or faster than the XStreetSL exchange and from my experience the customer service is fast and friendly. Setting up an accout was very easy and although they have initial buy/sell limits to prevent fraud, it is easier and faster to raise limits than with the Lindex. They are a real exchange with limit buy/sell and market buy/sell just like the XStreetSL exchange. And they handle Euros and other currencies. They provide charts, market data, and all that. (All the other websites I've looked at that call themselves L$ "exchanges" are really just selling (and sometimes buying) Lindens at highway-robbery prices -- they are not markets where you set your own price, can lok at charts of the bid/ask prices, etc.) ...And no, I don't work for them. But as they are a good replacement for the soon-to-be-decease XStreetSL Exchange, I hope they succeed.
  • Create New...