In case you missed it, Linden Labs announced that they were changing the LindeX billing & trading limits to help alleviate the potential for fraud back in December of 2016. Well, that time has now arrived!
The ability to purchase and “cash out” Lindens has been a big benefit to many of our fellow Second Lifers, especially those who have been able to establish thriving businesses in world. In a sense, having these regulations helps keep that benefit secured and streamlined for those of us who use it often.
The new limits are:
LindeX L$ Buy Limit (24 hr): US $1999.00
LindeX L$ Buy Limit (30 days): US $1999.00
LindeX L$ Sell Limit (24 hr): US $1999.00
LindeX L$ Sell Limit (30 days): US $1999.00
US$ Process Credit (24 hr): US $999.00
US$ Process Credit (30 days): US $999.00
You are able to see where you stand within those new limits at any time by logging into your account and going here.
While this may not affect many folks, this can especially impact those who generally work with a lot of L’s each month with Process Credits and may exceed those thresholds. You are able to request a case-by-case review of an increase if these limits don’t suit your needs by going here. So, it’s certainly not the end of the world for high-volume Linden earners and consumers, but just another way Linden Labs is making sure that they’re enforcing financially responsible measures!
ZoHa Blogger/Social Media