First Meta Exchange FAQ
What is First Meta Exchange / FMX?
The First Meta Exchange or FMX is a currency exchange for virtual / online game currencies. Here, you can...
- buy virtual game currencies
- sell them for real money, or
- trade them for other virtual currencies supported on the exchange.
On the FMX, YOU determine the price.
Why should I use it?
- Prices that adjust to real-time market supply and demand, coupled with our proprietary trade optimization technology means you always get the best price.
- Transparent pricing so you always know what you're paying for.
- Because we handle all transactions directly, you never have to worry about fraud or even bother with buyer/seller ratings.
- All virtual currencies on the FMX are 100% legitimate and permitted by their publishers.
Sounds great! So how does the exchange work? How do I use it?
You can trade on the exchange by just following these 4 easy steps:
- Step 1 Link your avatar Use your existing game avatars to sign in. No need to register with us! :)
- Step 2 Deposit Deposit the funds that you wish to sell.
- Step 3 Place an order Tell us how much you want to trade and at what price. Again, YOU decide the price.
- Step 4 Withdraw the funds to buy yourself something nice, or leave them in your account for future trades.
Example: Selling IMVU credits for Euros
- Step 1 Link your IMVU avatar
- Step 2 Deposit IMVU credits
- Step 3 Select the EUR-IC currency pair and submit an order to sell IC (or buy EUR)
- Step 4 Withdraw EUR into your PayPal or bank account
Example: Buying Toricredits with US dollars
- Step 1 Link your Toribash avatar
- Step 2 Deposit USD (you can pay in your native currency if its supported by the payment methods available)
- Step 3 Select the USD-TC currency pair and submit an order to buy TC (or sell USD)
- Step 4 Withdraw TC into your Toribash avatar
Link your avatar
If you see your avatar name on the menu on the left, your avatar is already linked. Otherwise, go to Account -> Avatars and click on the game logos for instructions on how to link your avatar.
Link multiple avatars so you can manage all your virtual finances in one place!
Depositing funds
Deposit real-currency:
- Go to My Funds -> Real currency deposit
- Select the amount and currency youd like to deposit
- Select your preferred payment method. We are continually adding more payment methods.
Deposit virtual currency:
- Go to My Funds -> Virtual currency deposit
- Select the respective game for the currency you wish to deposit and follow the instructions.
Placing an order
Click on the Exchange tab, select the currency pair you wish to trade (or simply select the currency pair from the left menu) and then submit an order form.
Submitting an order form:
- Select buy or sell, enter the amount and select the currency (e.g. sell 10000 LD)
-
Select a market or limit order
- Market order is executed (usually immediately) at the best currently available price
- Limit order lets you specify the rate you wish to trade at. The exchange will execute the trade only when the market price meets your rate or better
Withdrawing funds
Withdraw real-currency:
- Go to My Funds -> Real currency withdrawal
- Select the amount and currency youd like to withdraw
- Select how youd like to receive your funds. We are continually adding more methods for you to receive funds.
Withdraw virtual currency:
- Go to My Funds -> Virtual currency withdrawal
- Select the amount and avatar to withdraw your funds to.
But I still need help.
No worries. You can always reach us via:
- Email at support@firstmetaexchange.com. We will get back to you within 2 business days.
- Live chat - click on the chat bar at the bottom right of the screen. If we're offline, just leave a message, and we'll respond as soon as we get online.
- Our in-world evangelists! Drop them a line in-world, they're usually online and always more than happy to help. :)
