XStreetSL L$ Exchange Closing Dec. 15
As we continue our transition to the new SL Marketplace, we will be closing the L$ exchange on XStreetSL and moving all L$ sales and trading to the LindeX, the main L$ exchange. The L$ exchange at XStreetSL will close on Wednesday, December 15th. All other account management and transaction history services will remain available [...]
Update on the Closure of the XStreetSL Exchange
The XStreetSL Exchange will continue to operate independently of the new SL Marketplace through the end of November. This means merchants can continue to access history, sell L$ and cash out as they do now. The XStreetSL website will remain up for several months beyond the closure of the Exchange, and all non sales and [...]
Economic Spotlight: L$ Exchange Rate in Q2 2010
The L$/US$ exchange rate briefly experienced fluctuations for approximately one week in June. At the time, we interpreted this as being due to a number of factors, including uncertainty over our recent reorganization. Further research has shown this was also caused by the effect of merging Residents’ inworld and XStreet SL account balances in late [...]
Closure of the XStreet Exchange
With the upcoming closure of the XStreet Exchange, we will also retire XStreet’s cash-out system, which provides Residents an alternative to selling their Linden dollars for US dollars via the LindeX. Undoubtedly one of XStreet’s strengths has been the predictability and speed of its cash-out process, and it is understood that our merchants, who are [...]