The goal of Metaversy is to invest in Virtual Companies, make good trades and increase your portfolio value in order to win tokens.
Purchasing & Selling shares will be your main way of increasing your portfolio value.
There are two ways to purchase or sell shares in Metaversy: Trading & Orders.
Trading - Allows you to purchase or sell shares at the current market price immediately.
Orders - Allows you to schedule a trade that will execute if the price of a stock reaches a predefined value.
More detailed information can be found on the specific pages about Trading/Orders.
To initiate a Trade or an Order, simply visit the MTX, select a company and navigate to the Buy and Sell Buttons. Once you have selected the desired action, you will able to select if you want to make a trade or an order.
The Trading Fee is a fee applied by the system when you sell shares. It is specified as a percentage and will be deducted from the total Sell Amount once a sell trade has been finalised. This applies both to shares sold via Trading and Sell Orders.
Whenever you initiate a trade or create a sell order, you will be able to see the total fee that will be deducted from the transaction. The Trading Fee varies depending on the Grade of the Stock and you can reduce the fee by having a specific Game Card active when the trade is finalised.
The Daily Share Limit is a limit that controls how many shares you are able to purchase per day. The base limit for every player starts at 5000 shares per day, and the limit is reset once per day at 00:00 CET.
Once the limit has been reached, you will not be able to purchase additional shares until the limit is reset. Attempting to purchase shares above your limit will display an order and the trade will not be processed.
The Daily Share Limit only applies when you are purchasing shares, there is no limit on the amount of shares you can sell.
The Daily Share Limit can be increased by playing certain Game cards.