SPEND LESS and GET MORE with Guild Wars 2's Gem Exchange

the gem exchange is one of the best systems in the entirety of Guild Wars 2. it allows players to exchange real world money for in-game gold meaning that they can support the development of the game while shortening the time they have to spend earning gold for various cosmetics and quality of life items on the flip side it allows players to access the cash shop with their in-game gold instead of forcing them to spend real world money for the cash shop items that they want while the gem exchange is very simple to use a lot of players don't understand how it really functions this video will explain how the gem exchange functions the additional role it serves and how to get the best conversion rates for both gem buyers and Gem sellers which can potentially save or earn you hundreds of gold let's get into it there's two important things to understand about the gem Exchange number one the prices are based on supply and demand just like with any other item this means that the prices on the exchange are constantly changing based on the number of gems being bought and sold it also means that gem buyers shouldn't be judging gem Sellers and vice versa both parties in the transaction need people on the other side to keep the prices worthwhile the actual price is given to you on the exchange page can update every few seconds or so as long as there's been an exchange made in that time your price Remains the Same for a brief period while you make your transaction I'll talk about using this brief period to your advantage in the next sections number two the gem exchange has a very large tax on it this tax is a little over 16 percent One Way meaning that a transaction between two players through the exchange will remove about 32 to 33 percent of the total gold or gems involved a lot of players seem to believe that the exchange adds gold to the game which isn't correct in fact the gem exchange is potentially one of the largest gold sinks in the game in addition to its role as a gold sink this tax also helps to discourage players from trying to flip Gems or manipulate their prices it really is a well-designed system now I'll talk about how you can save gold as a gem buyer because prices are based on supply and demand you'll want to try and buy gems when the demand is low you're essentially looking for a time period where no new popular Gem Store items have been released and where there's also no sales on Black Lion keys or account upgrades during these sales the gem prices often jump so much that the discount is meaningless if you can manage it buying your gems a couple months before a gem store sale will allow you to take advantage of both the low gem prices and any sale discounts meaning that you'll spend as little gold as possible on whatever you're trying to buy it also never hurts to buy gems and they're cheap even if you don't have a specific use for them in mind yet when you do decide that it's time for you to buy the gems open up the exchange window and refresh it a couple times you'll notice that the prices can vary a bit the more gems you're buying the more you can save by waiting for a better price to pop up when you refresh the page if you are buying a lot of gems you'll want to use the custom exchange option to buy a large quantity all at once this is because it will force a refresh after you complete your transaction in the price that you initially locked in will be gone buying gems ahead of time and waiting for a good price to pop up in the exchange window has saved me thousands of gold as a gem buyer so I really recommend doing that if you want to make a lot of gem purchases with gold now I'll talk about how you can profit more as a gem seller you want to sell your gems when demand is High Gym prices are at their highest when popular new cosmetic items become available as well as during sales on black line keys and account upgrades gem sellers can also refresh the exchange window and wait for a better price just like gem buyers can if you have a lot of gems to sell you'll want to use the custom exchange option to sell a large quantity all at once this is because the page will force a refresh after you complete your transaction in the price you locked in initially will be gone timing the sale of your gems wisely can often net you 20 or so more gold than just selling them randomly so you can definitely get a bit more value for yourself while supporting the game so that just about wraps up this guide on making the most out of the gem exchange system it's a short one but definitely a topic that I don't see others covering and one that can save you a lot of time or money depending on which side of the exchange you're using that said I hope it was interesting and helpful if it was I'd appreciate you taking the time to give this video a like and maybe even subscribe for more Guild Wars 2 guides in the future thanks for watching

Channel: Abree

Views: 9,211

Keywords: Guild Wars, Guild Wars 2, GW, GW2, Gold, Making, Routine, Daily, Best, Makers, Dailies, Gameplay, Guide, GW2Guide, MMO, Guild, Wars, Build, Builds, GW2 PVP, GW2 WVW, Farming, Crafting, Strikes, Fractals, End of Dragons, EoD, Expansion, 2022, guild wars 2 gameplay, guild wars 2 eod, guild wars 2 gold, mighty teapot, cellofrag, guild wars 2 raid, arenanet, wow, world of warcraft, ffxiv, eso, fast, guild wars 2 gold farming 2022, fractal, guild wars 2 gold farming 2023, abree, gem exchange, gold, gems, gem store

Id: XxMLW4J_0E0

Length: 4min 11sec (251 seconds)

Published: Sat Apr 01 2023

Reddit Comments

[u/Birdperson91]

Tldr buy low sell high