Currency Exchange
The currency exchange allows you to buy and sell (L$) Linden Dollars using USD, as well as other currencies that Paypal converts. You can also transfer money into your ACE account from a credit card or bank account through Paypal, and transfer USD from your ACE account to your Paypal account.
Buying L$ (Linden Dollars) using Paypal
- 1. Deposit some money into your account by clicking Deposit USD.
- 2. Buy L$ by clicking Buy L$.
Selling L$ (Linden Dollars) and sending the proceeds to Paypal
- 1. Sell some L$ by clicking Sell L$.
- 2. Send the proceeds to Paypal by clicking Withdraw USD.
ACE Fees
ACE offers very low transaction fees.
As far as we know, we have the lowest transaction fees in all of SL.
Let us know if we don't! We offer the low fees as a service to our
customers to encourage them to use our services.
- Trades. ACE charges a 1% fee to the party selling L$.
So if you sell $4 USD worth of Lindens, ACE takes $0.04 USD and puts $3.96 USD
in your account. - Withdrawal. ACE charges a flat fee of $1 USD on withdrawals, which we use
to cover Paypal's fee. So if you withdraw $200 USD to your Paypal account, ACE
takes $1 USD and sends $199 to your Paypal account.
Paypal Fees
Note that Paypal has a transaction fee that they apply for Payments we send.For most people, that fee is currently 2.9% plus $0.30 USD.