BNS official site releases an article about Currency Exchange today. Official site announces that the currency exchange is an ever-changing way for players to securely buy and sell their gold. You can get more details from the original post in the following contents.
Fill in the amount of Blade and Soul Gold you wish to sell along with the price of the Hongmoon Coin you want to sell your gold for. You will only be able to sell your gold within the minimum and maximum price listed, which is explained in more detail below.
Listing gold for sale has the following limitations:
Up to 1,000 gold per listing
10 simultaneous listings
10 listings per day–100 for Premium Members
Once your gold is listed for sale, wait for someone to purchase your gold and you'll receive the Hongmoon Coin immediately with a receipt in your mail.
To use your NCoin to purchase BNS Gold, look at the available offers in the Buy Gold tab and click purchase on the one you want. It’s that easy! There is no limitation to the amount of gold you can purchase per day (other than what other players have listed).
To break it down more simply, the flow of the Currency Exchange works like this:
Gold put up for sale by Player A -> Gold purchased with NCoin by Player B -> Hongmoon Coin equivalent (minus 10% transaction fee) delivered to Player A
What are the fees when using the Currency Exchange?
If you are purchasinggold on the Currency Exchange there will be no fee for you. However, if you are selling gold, there is a 10% transaction fee on the received Hongmoon Coin.
How is the rate determined?
The Currency Exchange determines the Standard Rate by averaging the price of the completed transactions for the past 7 days. This means the rate is determined solely on how players sell and purchase gold using the Currency Exchange.
You can list your BNS Gold within plus or minus 50% of the current Standard Rate, rounded to the nearest whole number. For example, if the Standard Rate is 1:3 (1 gold for 3 NCoin), then you would be able to list your gold anywhere from 1:1 to 1:4. This allows the Standard Rate to move based on the economy.
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