Currency Exchange

Introduction

The currency exchange system is an approved means of trading Robux to tickets, and vice versa. To access this click the "Trade Currency" link on your user page.

You will be taken to a Currency Exchange window. On the far left is a listing of people looking to trade tickets for Robux, and on the far right is a listing of people looking to trade Robux for tickets.

Ratios

You have to be very careful about the deals you make on the currency exchange -- you can lose a lot of money if you're not careful! Use your calculator and double-check how much you are offering.

A ticket ratio of "10 @ 2:1", for example, means that someone is selling ten tickets, and is looking to buy 5 Robux because she/he is buying them at a ratio of 2 to 1. In other words, 10 divided by 2 is 5.

A Robux ratio of "5,000 @ 1:5", for example, means that someone is selling 5000 Robux, and is looking to buy 25,000 tickets, because she/he is buying them at a ratio of 1 to 5. In other words, 5000 multiplied by 5 is 25,000.

Market order vs Limit order

A market order is a buy or sell order to be executed immediately at current market prices. As long as there are willing sellers and buyers, a market order will be filled.

A limit order is an order to buy at no more (or sell at no less) than a specific price. This gives you some control over the price at which the trade is executed, but may prevent the order from being executed.

Which order should you choose? That depends. A "limit order" gives the player (you) a little bit more control over the price you wish to trade at. However, you have to be very careful with your math -- one typo can cost you lots of tickets or Robux. A "market order" gives you less control over prices, but transactions are quick and efficient.

Open Positions

My Open ROBUX Positions shows the as of yet incomplete trades you have trading ROBUX for tickets. You can still cancel these trades by clicking "Cancel".

An example would be:

1,000 R$ @ 1:10 1,000 

Offers 1000 of your Robux for 10,000 tickets at the rate of 1:10 (i.e., 10 tickets for every 1 Robuck). 1000 Robux have yet to be traded.

An example would be:

5,000 Tx @ 2:1 5,000 

Offers 5000 of your Tickets for 2500 Robux at the rate of 2:1 (i.e., you are hoping to get 1 Robuck for every 2 tickets.) 5,000 of your tickets have yet to be traded.

My Trade History

Your trade history shows the completed trades you have made. (Don't use these trades as guidelines for your prices, these are just examples.)

My Trade History 
Trade Rate Date 
1,000 R$ for 10,000 Tx 10 11/20/2008 6:28:53 PM 
10,000 Tx for 500 R$ 20 11/20/2008 6:25:59 PM 

Split Trade

A split trade will allow your trade to be broken up into smaller pieces among more than one buyer. This can allow your transaction to go more quickly.

Street smarts

If it looks fishy, don't do it. If you see someone selling Robux at 1 @ 1:100000, don't go near it.

See also

A helpful pinned forum post on currency exchange

Another helpful pinned forum post on currency exchange