Angelus Project and SLPayExchange Team Up
The Angelus Project announced this week that they have come to an agreement with SLPayexchange.com to manage services, support, and technical problems of the website and promotion of the upstart currency exchange. The arrangment is expected to be in full force by the start or middle of next month.
SLPayexchange.com is the newest comer to the saturated Linden Currency Exchange market, but expects to innovate direct Linden to Euro transactions.
SLPayexchange.com only has 43 active accounts as of this time, and has only completed 2 transactions.
The new currency exchange may be of direct benefit for currency arbitrage firms, such as the Metaverse Investment Fund, which work with both virtual world and RL currencies. The fee rate at it's entry point is much higher than the 1% trades currently offered on the Ancapistan Capital Exchange Currency Exchange (ACE^2).
Published by Nicolo Luminos
I am a journalist in SL who covers a wide spectrum of topics. Currently working on: Financial Sector Documenting RL/SL Synergies Travelouges/Event Coverage View profile
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