Platinum Currency FAQ

Platinum Currency FAQ

This guide is to help answer some common questions and provide some insight into the new currency, platinum.

Platinum is a new type of currency system.
 * '''What is Platinum?

Platinum was created to help deal with inflation and is easier to use as the numbers are much smaller.
 * '''Why was Platinum created?

Not only will prices be easier to read, but all features on Gaia will grant much more platinum across the board.
 * '''Why should I use Platinum currency?

Nothing is going to happen to it as of right now. Even with the platinum currency system in place, you are able to still use to gold currency.
 * '''What is going to happen to the Gold currency?

The current ratio of gold to Platinum is 10m (10,000,000) gold to 1 platinum. However, grants for different features will change dramatically once platinum currency is enabled for your account. However, grant amounts should remain the same when you have gold chosen as your currency.
 * '''What is the conversion rate from Gold to Platinum?

New accounts should default to platinum. To change your currency preference, you can go to account settings and you will see a section for currency.
 * '''How do I switch to Platinum?


 * [[File:Ss+(2017-07-31+at+01.01.45).png]]


 * How do I know which currency I'm currently using?
 * You will know based on the symbol by the amount shown.
 * Gold Currency [[File:Ss+(2017-07-31+at+12.59.13).jpg]]
 * Platinum Currency [[File:Ss+(2017-07-31+at+01.02.16).jpg]]

If you prefer one currency or want to interchange them periodically, you can do so. The switch is not permanent. However, when switching from gold to platinum, if you have less than one platinum, your amount will display zero.
 * Can I switch back if I prefer the other currency?

Your gold currency shown will now show completely in platinum once you have selected platinum.
 * Will the switch affect my entire Gold amount?

Yes, and if the other party is using gold, they will see 10m gold for every platinum traded.''' Even if the person you are trading with is using the gold currency, the system will do the conversion no matter which currency you are using.
 * '''Can I trade with Platinum?

Trades has been updated to accommodate trades between both currencies. There is now a minimum of 10m gold when trading. The amount traded will be rounded up to the current exchange rate that will equal one platinum. Currency amounts will display depending on your setting.
 * What if the person I am trading with is sending me the conversion rate amount?

If someone tries to put in a lower amount, he or she will get the following message.


 * [[File:Ss+(2017-07-31+at+01.25.29).png]]

The currency will work in both locations.
 * Can I use Platinum in the Marketplace and the Gold shops?

The item will still cost one platinum. However, buying tokens and other cheap items in gold and then selling them back to the store for platinum, the sellback code will now grant the gold sellback value. Depending on the current rate, it might take more than one item being sold back before your platinum count goes up.
 * What if the Gold Shop price for the item I want is less than the current conversion rate?

The system still has that amount logged and will continue to add the smaller gold amounts to it should you ever decide to convert back.
 * What about the other x amount I had?

Once you switched over to platinum, ALL games will be granting platinum. Flash games have yet to be updated to display platinum icons, but the amount will be in platinum denomination.
 * When I play Lake Kindred, zOMG or any other games which currency will I receive?

Tipping has been updated to use one platinum as the tip amount when using platinum currency.
 * How much does it cost to tip a post with Platinum?

As long as those offers equal at least one platinum, you will be able to accept those offers and trade.
 * What if I get offers that are in the opposite currency to what I am using?

Marketplace pages have been updated to display the correct currency amount. There is now a minimum gold requirement that must meet one platinum when listing an item. This applies to bid, buy now price and increment. The price entered for the item, will be rounded up to the nearest millionth.
 * If I list my item in the Market Place for gold but someone pays in Platinum, do I lose Gold I would have gotten?

Bets that are lower than the conversion for one platinum should not be accepted as the trade will not go through.
 * What if bets or other offers are in gold amounts less than the conversion rate?

Yes! Once you have converted over to platinum, the buy slots section will change to show you the new pricing.
 * Does Platinum work for Outfit Slots?

The crafting cost of formulas has been updated so that if you have platinum as your preference, it will convert the display, with a minimum of costing one platinum.
 * Will I be able to use Platinum in Alchemy?

Aquariums grants have been updated. The Arenas rewards have been updated and will vary in amount by day, depending on how active the feature is. Friend Chats lease cost has been updated to display correctly. Homes related costs have been updated to convert to platinum when using platinum. Marriage related costs have been updated to convert to platinum based amounts when using platinum currency.
 * What other features have been updated to grant or will accept the Platinum currency?

The cost to play Golden Catch has been updated to display in platinum when using platinum currency.
 * Can I play Golden Catch while using Platinum?

Item prices listed under this features pages have been updated to display in platinum when using platinum currency. Other features that will now show platinum once selected are Signature Export and Inventory worth. Inventory worth item sell back price and marketplace price have been updated to display correctly based on your currency. When selling an item back, the price will be converted to platinum.
 * Will the Avatar Builder show pricing in Platinum?

Donations to the guild should be handled properly, whether on gold or platinum. Deductions from the guild account will remain as is, irrespective of currency preference.
 * What if I want to donate to a Guild or buy a subforum when using Platinum?

Runway rewards have been updated to subscribe to the new effort system. Grant amounts will vary by day depending on how active the feature is.
 * Does Platinum work with Runway?