Quote:
Originally Posted by DJQuad  I've seen on sites like SLX you can buy and sell L$. Does anyone know how this is done? I'm assuming it's developed with the Exchange Risk API but I'm not sure. TIA. |
If you do do exchanges without using the RiskAPI, you put yourself at a huge risk. If fraudulent L$ come through your exchange without using the RiskAPI LL can come after you for 150% of the L$ that were fraudulent. If you use the RiskAPI, you supply the avie name and you get an approved/not approved type response. If you use it and get a approved response, I think that means you will not have to pay back the L$.
But oddly enough, you have to have an exchange up and running before LL will approve you for the RiskAPI.
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