Question About Vcoins

Posted 1 year ago · Author

Investing in Vcoins and also reselling Vcoins is a good thing because someone wanted vip and i hads some vcoins sitting arround and i send them the vcoins and they sent me money in return but i got those vcoins from customs i did so i want to know if reselling vcoins is a good thing or no?
Also if anyone is reselling Vcoins can you hit me up i want to ask some question pertaining other stuff my discord is Thirsty#9950.

Posted 1 year ago

@TyreseRip

reselling is good idea but one person will be at a loss because IMVU charges 5% tax in every transaction! So if he wants to buy 2500 voins for $10 (which we can directly buy from imvu), he will only get 2375 Vcoins only so you will have to send him 2650 Vcoins for him to receive 2517 Vcoins.

But if you get Vcoins from other users by selling your products then you can try reselling Vcoins by giving them 2650 for $10.

But do not directly buy Vcoins with the purpose of reselling, because when you transfer it charges 5% tax and he will receive less.

Posted 1 year ago

@TyreseRip

I would not call Vcoins an investment. In order for Vcoin to pass SEC regulation, in December 2022, IMVU inc agreed to never increase the worth of Vcoin and to limit the amount of vcoin they are allowed to buy back from customers. In other words, any money you spend on Vcoin is going to be worth less as time goes by.

Posted 1 year ago · Author

@don

@Don Von Alpha Dom

Ok thank you very much

Posted 1 year ago

reselling is good idea but one person will be at a loss because IMVU charges 5% tax in every transaction! So if he wants to buy 2500 voins for $10 (which we can directly buy from imvu), he will only get 2375 Vcoins only so you will have to send him 2650 Vcoins for him to receive 2517 Vcoins.

But if you get Vcoins from other users by selling your products then you can try reselling Vcoins by giving them 2650 for $10.

But do not directly buy Vcoins with the purpose of reselling, because when you transfer it charges 5% tax and he will receive less.

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