How to offer buy/sell L$? - SLUniverse Forums


Go Back   SLUniverse Forums > Business and Technology > Technology Help and Discussion

Technology Help and Discussion Discuss technical topics here

Reply
Old 08-06-2008, 03:50 PM   #1 (permalink)
I has a user title
 
DJQuad's Avatar
 
Join Date: Dec 2007
Posts: 71
Business: CZ Estates and NxTek Solutions Inc

My Mood:

How to offer buy/sell L$?

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.
DJQuad is offline   Reply With Quote
Old 08-06-2008, 04:23 PM   #2 (permalink)
Mi svävare är full med ål
 
Malachi's Avatar
fish are inherently sarcastic
 
Join Date: Sep 2007
Posts: 1,839

My Mood:

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.
Malachi is offline   Reply With Quote
Old 08-06-2008, 04:33 PM   #3 (permalink)
Invisible Man
 
Walker Moore's Avatar
Alpha Inside (tm)
 
Join Date: Jul 2007
Location: England
Posts: 7,500
SL Join Date: 13 MAY 06

My Mood:

Quote:
Originally Posted by DJQuad View Post
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.
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.
__________________
twitter | last.fm | blip.fm
Walker Moore is offline   Reply With Quote
Old 08-06-2008, 04:54 PM   #4 (permalink)
Tastes like purple
 
Dnate Mars's Avatar
Home
 
Join Date: Sep 2007
Location: On the move again
Posts: 7,533
SL Join Date: 01/27/2004
Business: Scripter for hire

My Mood:

Quote:
Originally Posted by DJQuad View Post
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.
__________________
Omniscience is one of those things that sounds good in theory, until you think about it for a bit and realise what a downer it must be after a while.
Like immortality. It's all well and good to want to live forever, until you realise that forever is a bloody long time. - irregular webcomic

What the...
Quote:
Originally Posted by Cocoanut Koala in SL
Cocoanut Koala likes sleeping with dnate
Dnate Mars is offline   Reply With Quote
Old 08-06-2008, 04:59 PM   #5 (permalink)
Invisible Man
 
Walker Moore's Avatar
Alpha Inside (tm)
 
Join Date: Jul 2007
Location: England
Posts: 7,500
SL Join Date: 13 MAY 06

My Mood:

Quote:
Originally Posted by Dnate Mars View Post
But oddly enough, you have to have an exchange up and running before LL will approve you for the RiskAPI.
People have to be using it before they'll consider it?
Walker Moore is offline   Reply With Quote
Old 08-06-2008, 10:38 PM   #6 (permalink)
Tastes like purple
 
Dnate Mars's Avatar
Home
 
Join Date: Sep 2007
Location: On the move again
Posts: 7,533
SL Join Date: 01/27/2004
Business: Scripter for hire

My Mood:

Quote:
Originally Posted by Walker Moore View Post
People have to be using it before they'll consider it?
That was the impression I got when I talked to them last.
Dnate Mars is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are On


All times are GMT -5. The time now is 02:55 AM.
Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0 RC7
vB.Sponsors Copyright 2008 SLUniverse.com / Hurricane Interactive.
All rights reserved.

Second Life(TM) and Linden Lab(TM) are trademarks or registered trademarks of Linden Research, Inc.
No infringement is intended.