Why is Gem>Gold different from Gold>Gem?
It has always been this way since the game launched.
When you buy you pay the current market price.
When you sell you only get the minimum price it has been in the past 5 Days.
This is there way of preventing people from buying gems just to drive up the price then reselling.
Okay well no one told me this and there was no way of knowing before actually doing… So the question is why wasn’t I informed properly and more importantly how can I retrieve my gold without losing half of it? The UI should specifically state the current rates for both gem to gold and gold to gem trades but it doesnt it only says the week minimum, average, and maximum. It doesn’t even warn me when I trade gold to gem that I would only receive the 5 day minimum. I feel as I’ve been scammed by the lack of a more informative UI. I would actually be very content if Anet traded it back for me and undid what I had just done but it is probably highly unlikely that this will occur.
(edited by Psyro Breathes Fire.7823)
It’s not the 5 day minimum or anything like that, it’s just the opposite direction exchange rate. Essentially, there is a 15% tax in both directions leading to about a 30% difference between gold → gems and gems → gold.
I agree that it should be clearer on what the current exact price is, instead of just telling you averages and extremes, but at the same time I think it is quite clear already that the exchange doesn’t give the same rate in both directions, since the numbers shown for both directions aren’t the same at all.
If you look at what you get when trading from gold to gems, and then compare to what you get going in the opposite direction, you will see the discrepancy. You were not scammed, you just didn’t do your homework.
Unfortunately there is no cure to person, not doing research.
You’d rather people use it as a stock market? :-/