SLUniverse Forums

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.

Malachi

SLX conforms to the Risk API, so does the LindeX. I don't know any other exchanges off-hand that do. By asking your question I assume you know that trading outside the RiskAPI is a dangerous proposition.

I neither buy nor sell L$ so am not the most knowledgeable person on the subject.

Walker Moore

The Risk API isn't an extensive application programmers interface designed to facilitate the development of your own currency exchange. It's just a sort of query mechanism you can use to find out if LL considers a currency transaction to be too risky.

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Dnate Mars

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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Walker Moore

People have to be using it before they'll consider it?

Dnate Mars

That was the impression I got when I talked to them last.