CS.MONEY New Limits: How Do They Work?
A little over a year ago, we introduced the first limits, to protect CS.MONEY prices from speculative fluctuations. This allowed us to ensure the proper and stable functioning of the website: along with other security measures, the limits helped create more favorable conditions for CS.MONEY operations. Over 93% of our users affected by the introduction of the limits were able to withdraw their balances. However, some users have still not done it.
To provide more options for balance withdrawal to the remaining users and make their interactions with CS.MONEY more comfortable, we decided to reset the balances, cancel the existing limits and replace them with new ones.
Limits 2.0. What Has Changed?
The new limits are calculated on an individual basis, taking into account the size of each user’s balance—but no less than $100 CS.MONEY. Moreover, the size of the limit can be further increased through active use of the Market (see the next section). All this will improve the time needed to withdraw the balance, as well as give our users more options to do so.
We want CS.MONEY buyers to have a wide choice of skins, and producers to be able to sell items fast. The limits help us make the circulation of items continuous and maintain a healthy balance in all operations on the website between the purchase and sale of items.
Along with the introduction of the new limits, we plan to begin changes in the operation of Sellmode—details to follow soon.
How Does It Work?
You will have your own personalized limit—its amount will be calculated individually for each user, with a minimum of $100 per day. The limit can be accumulated: if you did not use it today, tomorrow it will be increased by the previous day’s unused amount, and so on.
An example: Assume that after the initial calculation, your individual daily limit is $125. If today you did not make any deals, tomorrow you will be able to spend $250.
The new limits can be increased. There are several options:
- As before, you can either top-up your balance by adding the required amount in real money, or you can exchange your skins—the money you make will be added to the limit.
- If within a month the total value of your deals in the Market will exceed $10,000, in the next month your limit will double. Please note that the $10,000 benchmark is accurate at the moment of publication, but may change in the future.
An example: In October, you made $12,500 worth of deals in the Market, and your daily limit is $100 per day. In November, your limit will be increased to $200 per day. However, if in November the total amount of all your deals in the Market is less than the required sum ($10,000 as of today), you will return to the basic limit of $100 per day.
Please note that only purchases and sales of the items count as deals in the Market, but not withdrawals.
An example: In September, you sold $5,000 worth of skins and bought $3,000 worth of items. In addition, you also withdrew $2,000. The sum of the deals operations will be $5,000 + $3,000 = $8,000. Withdrawals do not count as deals.
In addition, we decided to give you a new way of using your balance. Now you can spend your balance on the Market commission. When selling a skin, you will be able to charge the service fee of the operation to your balance in the Trade section, at the rate of $1 Market commission = 1,3$ Trade balance. Spending of balance on commission is done manually. The option is applicable to all active items on the Market, so you don’t have to reset anything. To activate this option, please contact our Support team.
Payment for the Market commission using the Trade balance is available for users who encounter service restrictions while using the Trade. For those who have no such restrictions in the Trade, this option is not available.
If you have been compensated for the stolen skins, we will add the amount of compensation to the current limits—you will be able to spend the total amount on buying in-game items.
