This system is good because it keeps rich players from influencing the market on everyday items and most expensive items as well. So you won’t overpay on items as long as they are already being sold for a cheaper price when your limit resets. Note that when the timer resets and allows you to buy again after hitting the buy limit, it will purchase the cheapest available items first for their set price. A way to make sure you get that 6000 is to put an offer up to purchase 6000 and it will automatically be filled every 4 hours so long as people are selling at or below the price you offered to buy it at. So if an items buy limit is 1000, you can buy 1000 of that item every 4 hours for a total of 6000 of that item every day. You can sell as much of anything as you like but you can only purchase a set amount of a specific item every 4 hours. So be careful before you offer ridiculous prices for items, if no one has any up for sale then you may just end up overpaying for an item. But if on the other hand the buyer had offered 1000gp for that item and no one had offered to sell it yet, when the seller puts the item up for 30gp they will receive 1000gp while the buyer gets the item.
Alternatively, if the seller placed the item up for 30gp and the buyer had offered 1000gp, then the buyer will buy the item for 30gp and get refunded the other 970gp while the seller will receive the 30gp he asked for the item. What this means is that if a player puts up an item for 30gp, and another player offers to buy it for 29gp, then the buyer won’t buy and the seller won’t sell so the item and the buy offer will sit in the Grand Exchange. Secondly, rather than all the current items up for grabs being visible and searchable, players have to search for the specific item they want and set a price they are willing to buy it at while sellers set prices they are willing to sell at. This creates an entire money making method on it’s own that players can use to get rich. What this means is that you can buy an item for 1gp and sell it for 2 gp and actually make a profit. The first and most important difference is that the Grand Exchange has NO TAXES OR FEES. There are several things that are different from the Auction Houses found in other games and these differences are what make the Grand Exchange so amazing. What Makes the Grand Exchange Different from an Auction House? For members there are also quite a few shortcuts located at the Grand Exchange so it is a place members will find themselves using often. In addition to trading goods, players can also bank, exchange specific items for a set-box(allowing for easier buying, selling, and storage of multiple goods at once) and interact with a few NPCs in the area who can tell you current prices of some items and perform certain services for you such as “decanting”. There are a few key difference between the Grand Exchange and an Auction House that I will explain shortly. It is a trading hub where players can buy or sell goods with other players without direct contact, much like Auction Houses in other games. The Grand Exchange is just Northwest of Varrock, far north of where the player begins in Lumbridge. Guide to Grand Exchange Where and What Is the Grand Exchange? How Can the Grand Exchange Be Used to Turn 1gp Into a Max Cash Stack?.What Makes the Grand Exchange Different from an Auction House?.
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