Buying and Selling Linden$

Original Knowledge Base Article


The unit of trade in Second Life is called the Linden dollar or L$. You can purchase Linden dollars both inworld and online on the LindeX.

KBcaution.png Important: You must have payment method on file in order to purchase Linden dollars. Register a payment method.


Inworld

Buy_L$.png

To buy Linden dollars in the Second Life Viewer, click the BUY L$ button next to your current Linden dollar balance. In the BUY L$ window, simply enter the number of Linden dollars you want to buy and click Buy Now. Buying Linden dollars inworld yields the same value as a market buy on the Second Life website.


On the LindeX

The LindeX is the official virtual exchange of Second Life run by Linden Lab where you can:

For a list of accepted payment methods and currencies, see Billing.

All LindeX transactions are subject to transaction fees.


Market buy and sell

Market buys and sells are the quickest and easiest ways to purchase or sell Linden dollars on the Second Life website. LindeX automatically matches your order with the best exchange rate. The quoted exchange rate includes transaction fees.

To set up a market buy:

  1. Go to https://secondlife.com/my/lindex/buy.php.
  2. Enter either the quantity of Linden Dollars (L$) you wish to buy or the quantity of US Dollars (US$) you wish to spend.
  3. Click Place Order.
  4. Enter your Second Life password when prompted.

To set up a market sell:

  1. Go to https://secondlife.com/my/lindex/sell.php.
  2. Enter the Quantity of L$ you wish to sell.
  3. Click the Sell button.
KBnote.png Note: Unlike market buys, market sells do not complete instantly.


Limit Buy (Best Rate Buy) and Limit Sell

Limit Buys (Best Rate Buy) and sells allow you to specify the amount of Linden dollars and the exchange rate you are willing to accept. LindeX automatically matches up buy and sell offers as they come in.

If you are buying, you must have sufficient US$ credit on your Second Life account to pay for the buy order.

To set up a Limit Buy:

  1. Go to https://secondlife.com/my/lindex/buy.php
  2. Under Best Rate Buy, enter the Quantity of L$ you wish to purchase.
  3. Next to Exchange Rate in L$ / US$1.00, enter the minimum exchange rate you will accept.
  4. Click Place Order.
  5. Enter your Second Life password when prompted.

To set up a limit sell:

  1. Go to https://secondlife.com/my/lindex/sell.php
  2. Under Offer to Sell Linden Dollars (Limit Sell), enter the Quantity of L$ you wish to sell.
  3. Next to Exchange Rate in L$ / US$1.00, enter the maximum exchange rate you will accept.
  4. Click Offer to Sell.

If you change your mind about how many Linden dollars you wish to buy or sell, or the rate you are willing to accept, you can cancel an offer in progress on the LindeX: Transaction History page.

KBnote.png Note: Because LindeX exchange rates fluctuate, you may have to wait for some time before your Limit Buy (Best Rate Buy) or sell completes at your desired rate. If you set your minimum exchange rate too high, your transaction may be delayed indefinitely.


How to get Linden dollars without buying them

Earning Linden dollars

You can earn Linden dollars by selling goods or offering services to other Residents. If you're interested in becoming a merchant, read about Selling in the Marketplace.  Check out the Guide to Jobs in Second Life for a tour through some of the jobs our Residents have come up with.


The premium account stipend

Premium members get a weekly stipend of L$300. Upgrade your account from basic to premium to begin collecting your stipend. See Premium membership for more information.


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