What is LMX?
LMX is the Liquid Market Exchange. It is a platform specifically designed for investors who frequently buy and sell liquid domains, by offering them a marketplace in which they can find deals and liquidate their domains in the shortest time possible.
Which domains can I list on LMX?
LMX supports the 676 two letter .com domains (2L.com); 17,656 three letter .com (3L); the 100 two number .com (2N); the 1,000 three number .com (3N); the 10,000 four number .com (4N); the 520 two characters (2C .com); the 456,976 four letter .com (4L); the 100,000 five number .com (5N); the 28,000 three character .com (3C) and most One Word .com domains with an EstiBot value above $10,000 USD.
Is the platform mobile friendly?
Yes! You can use LMX comfortably on a mobile.
2. SIGNING UP
How do I sign up for LMX? Is it free?
Simply click the “Apply for a Free Account” on LMX.com and follow the instructions. Creating an account is free. Make sure to insert all your details correctly, especially your escrow.com email.
If you do not have an escrow.com account, we advise you to create one as soon as possible and upload your escrow.com email on your LMX profile. Without an escrow.com account, you won’t be able to participate in transactions.
Make sure also to verify your escrow.com account according to the escrow.com procedure. Failure to do so might cause delays during a transaction.
I’m done signing up/creating an account. Where do I go from here?
If you are interested in buying, start browsing the available listings and setting up opportunity alerts, so you will be instantly notified as soon as a domain that matches your criteria gets listed for sale.
To set up opportunity alerts, simply click on “Add an alert criteria”, and select your favorite domain features, budget and notification frequency.
You can also set up opportunity alerts on the “Browse Listing” page, by clicking the “Get Notified” icon.
If you are interested in selling, how about listing your domains for sale? Simply click the “Create a Listing” icon and follow the instructions.
Feel also free to say hi and let us know what you think!
3. SELLING DOMAINS
How do I list a domain?
Simply click the “Create a Listing” icon and follow the instructions. Make sure to select an asking price and activate your listing by clicking the activation email or adding a TXT record.
If you have trouble activating a listing, please send us a line.
What are the fees to list on LMX?
There are no fees to list on LMX. In case of a transaction, the seller is charged a 7.5% fee, with a minimum of 1,000 USD. Because the fee structure may change, we recommend you to always check the related fee structure before accepting any offer.
What is the Floor Price?
The Floor Price is the price under which offers will be ignored. For example, if you list a domain with a $30,000 USD floor price, you will miss all the offers under $30,000. This is why we recommend setting the floor price to the minimum at which you would like to receive bids.
How can I sell my domain faster?
Selling a liquid domain is simply a matter of setting the right price. The lower the price, the higher your chances of getting offers and selling your domain.
If you wish to sell your domain faster, we recommend to set up a realistic price and gradually reduce it until you receive a bid you are satisfied with.
Every time you reduce the price of the domain by 5%, the buyers watching your domain will get notified about the price reduction and will have a chance to bid.
4. BUYING DOMAINS
How do I make an offer?
To make an offer, simply click on the listing, then click on the “Make an Offer” button.
What is “Funds Guarantee”?
“Funds Guarantee” is the amount of time you need to fund the transaction. As a courtesy to the seller, please select the number of days you need to fund the transaction.
What happens when I submit a counteroffer?
When you submit a counteroffer, you decline the current offer (which you can no longer accept) and propose a private counteroffer to the buyer who previously submits an offer. The buyer will have a chance to accept your counteroffer, decline it, or propose a new counteroffer.
Can I withdraw an offer/counteroffer?
Yes, you can withdraw an offer or counteroffer anytime, unless the buyer/seller has accepted your offer already. All offers and counteroffers expire automatically after 72 hours.
How do I know that the domain is owned by the person who listed it?
We verify the domain ownership in the following ways:
1) By sending an email to the owner’s whois contact.
2) In case the whois is blocked or private, the seller can add a TXT record.
If you have issues activating your domain, please send us a line.
Our support may request additional verification on each listing.
What happens when an offer/counteroffer is accepted?
As soon as an offer/counteroffer is accepted, LMX will automatically generate an escrow.com transaction. You simply need to follow the instructions in the escrow.com emails.
Who pays for the escrow.com fees?
The buyer is always responsible for the escrow.com fees. Please make sure to check the associated escrow.com fees before making a bid.
How do I make sure I am protected during a transaction and that the buyer/seller is not scamming me?
Escrow.com concierge service gives you the highest level of protection whenever you buy or sell a domain by making sure both payment and domain are held by a trusted third party (escrow.com) before disbursement. For more information, please check the escrow.com page.
How do I switch on the Escrow.com concierge?
The Escrow.com concierge fee is used by default on every listing.
How do I make sure the domain I am buying is not stolen?
Our team aims to verify that the domains listed on LMX are not stolen and owned by a rightful owner. This being said, LMX cannot be responsible for transactions involving stolen domains, as each transaction is the sole responsibility of the buyer and seller. LMX waives any and all liabilities in case damages arise using the information on the platform. We encourage you to carefully perform your own due diligence before making any bid or entering any transaction. For more information, please read our Terms and Conditions.