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Description

Use Gold Exchange to buy and sell resources for Gold. The Gold Exchange replaces our older Gold Trading feature, but rather than relying on players creating trades for one another, The Gold Exchange creates a centralized Gold market for each ocean, ensuring that resources are always available for you if you want them!

How does Gold Exchange work?

In the Gold Exchange you are able to buy and sell resources for Gold. The prices offered will vary based on how much stock there is of the resource you're trying to buy or sell. When someone sells a resource the amount sold goes into the stock in exchange for Gold. With this transaction, the overall stock for that resource increases, and the price to buy drops as a result. When someone purchases a resource the amount is deducted from the stock and sent to the player, the Gold is then deducted from them, and as a result, the cost to buy this resource increases as the stock is less available.

Gold Exchange is available in your market from level 3 onward.

Exchange Stock - The Exchange Stock value is the current amount of a resource in stock. The stock increases every time someone sells this resource to the Gold Exchange (unless the stock is at max capacity), and decreases every time that someone buys this resource in exchange for Gold (unless there is not enough stock available).

Exchange Capacity - Each resource type (silver, wood, and stone) has a maximum cap for stock within the Gold Exchange. Once this maximum is reached, you can't sell any more of this resource until the stock falls below the maximum cap, by someone purchasing the stock for Gold. However, this cap will fluctuate over time based on the Gold Exchange's use. More details on this fluctuation can be found in the section for Taxation and Growth below.

Exchange Rate - This shows the current rate for purchasing a resource. This rate will constantly fluctuate based on what is available for purchase. The costs of buying and selling will adjust to ensure that the best rates are available when using the exchange. This change may even be noticed by you when you are looking at an offer, as the price could adjust whilst you are making a transaction in the final confirmation screen. Don't worry, you will always know what you are going to get before you commit.

Buying Resources for Gold

To access the Gold Exchange, open your Marketplace from your city view, and then click on the Gold Exchange tab. The window will open on the "Buy resources" and enter the amount of a resource you want to purchase. Below the input fields, you will see an estimation of the Gold cost. Click on "Find best rates"and you will then be presented with a window which confirms what you will receive, and how much Gold it will cost to complete the transaction. Click on "Confirm order" to purchase the resources.

You can only trade one resource type at a time. For example, you can't choose to buy 1000 Wood as well as 1000 Stone in the same transaction, as the rates for each resource are different.

Selling Resources for Gold

To access the Gold Exchange, open your Marketplace from your city view, and then click on the Gold Exchange tab. Once in this window, select "Sell resources" and enter the amount of a resource you want to sell. Below the input fields, you will see an estimation of how much Gold you will receive for your sale. This value isn't locked in until you click on "Find best rates". You will then be presented with a window which confirms how much Gold you will receive for the transaction. Click on "Confirm order" to sell the resources.

You can only trade one resource type at a time. For example, you can't choose to sell 1000 Wood as well as 1000 Stone in the same transaction, as the rates for each resource are different.

Trade Travel Time

Once your order is confirmed, the resources will be sent from the Gold Exchange. Please note, these resources are not sent instantaneously, and you must wait for them to be delivered just like regular trades.

Taxation and growth

When buying resources from the Exchange, a small portion of the proceeds will be put aside automatically to increase its capacity for the traded resource. Each day, Exchanges on other oceans will also shift around capacity and stock to mitigate differences in their trading rates. What this means in practice is Gold Exchanges which see a lot of activity will help to feed exchanges with lower usage, to improve the smaller exchange's output. This helps to promote growth within the world, as it naturally expands.