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What Is The Linden Labs Fee To Withdraw Money

via Linden Lab

There have been a series of announcements from the the Lab – formal and informal – that I'm catching up on.

Linden Dollar "Buy" Fee Alter

The biggest – and the 1 formal announcement – is the notice that Linden Dollar "buy" fees are changing as from Thursday, April 22nd, 2021.

Currently, a flat fee of U.s.a. $.149 is applied to all Linden Dollar purchases. From Apr 22nd this volition be changing. Every bit of that date:

  • A new seven.v% buy fee will be practical, based on the total value of the transaction purchase amount, up to a maximum of US $ix.99 per purchase transaction.
  • The Usa $1.49 will get the minimum fee charged per buy transaction.

Examples:

  • You lot purchase U.s. $fifteen of Linden Dollars – vii.5% of 15 is  $i.10 and less than United states $1.49 – so the fee charged is US $ane.49.
  • You purchase US $xxx of Linden Dollars – 7.v% of 30 is $2.25 and greater than US $1.49, and so the fee charged is US $2.25.
  • You buy US $150 of Linden Dollars – seven.five of 150 is Us $11.25 and greater than Us $nine.99, so the fee charged is US $9.99.

Note that this new fee construction but applies to the purchase of Linden Dollars. Fees applied on the sale of Fifty$ when cashing-out remain unchanged.

The reason for this changes has been given as helping to off-set up costs involved in assorted service improvements. However, rather than repeat the entire official blog mail here, please follow the link to read it in full, and should you be then minded, the lively forum discussion on the change can exist establish hither.

2-Factor Authentication and TPVs

2-Cistron Authentication (2FA) is a  project the Lab is in the process of developing in order to improve admission security across 2d Life systems and services (and which gets a mention from Reed Linden in the in a higher place forum thread on increased Linden Dollar "buy" fees).

The hereafter introduction of 2FA – and please note, there is currently no time frame for when this volition happen – has prompted some to vocalization fears that it could "put an end" to third-political party viewers.

However such fears / concerns are not justified.

Speaking at the Third-Political party Viewer Development meeting on Friday, April 16th, both Vir Linden and Grumpity Linden, the Lab'southward Vice President of Production commented on the matter:

  • Vir Linden:
Nosotros don't know all the details about how 2FA is going to work, only we're certainly not going to be disabling third-political party viewers. That would be a big change.
  • Grumpity Linden:
That would exist crazy and stupid. And while we may make mistakes hither and there, on the whole they're not crazy or stupid…
In general I would like to call back that nosotros take shown over many recent years that we're committed to working closely with the TPV customs to make certain that our changes are really beneficial and incorporated and ringlet out in a anticipated mode, and I intend for this to continue.

Globe Map Update

Also at the TPV Developer meeting, Grumpity supplied an update on the earth Map tile generation state of affairs:

I'm also going to do a thing that is an absolute taboo and I totally shouldn't exist doing; only we're in the process of putting out updates to Map generation. So fingers crossed, [things will] go back to normal. It has turned out to be a much bigger try than anyone had wanted it to exist … nosotros wouldn't accept chosen for this to be so hard.

For those wishing to hear the comments via the video recording of the coming together, they can exist found at half dozen:05 through 8:01 in the video, with Grumpity's Map tile generation comments coming first.

UPDATE 17th Apr

Alexa and April linden both confirmed the deployment of the new map tile generation software has been successful and is now working ameliorate than ever.

Source: https://modemworld.me/2021/04/16/linden-lab-l-buy-fee-change-2fa-tpv-and-map-tile-updates/

Posted by: mixonkinces69.blogspot.com

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