Despite the challenges caused by Steam’s recent Trade Protection update, we’ve managed to deliver something truly exceptional. We officially announce that our users can spend money without having to wait for the Trade Protection window to end. Effective immediately, you can spend money instantly after the transaction was made. This feature is a game-changer, considering that every other third-party marketplace cannot provide an instant payout. We at LIS-SKINS worked out this feature specifically with our users in mind.
Previously, a skin seller had to wait for a trade protection window to end in order to receive their money from a sale, and that’s a lengthy 8-day period. The “Trade Protection” was designed to improve the security of trading on Steam marketplace and other third-party marketplaces, but with this implementation a few other issues arose. First, now you can never guarantee that the transaction won’t be cancelled at the end of the Trade Protection window, as the seller reserves the right to reverse the trade without having to provide any reason to a buyer or to a marketplace. Second, due to the prolonged trading hold, we’ve experienced the biggest skin market crash to date, losing more than $600 million in a span of less than a week. This kind of crash negatively affects countless users’ inventories and portfolios, and it’s still unclear when the market will be able to bounce back. The frustration from this system is noticeable, and some traders just want to use their earnings in order to flip or purchase new skins quickly. That’s where LIS-SKINS shines, being the first CS2 marketplace to implement instant access to your funds.
The new feature, called "Balance," directly addresses this issue. When selling a CS2 skin on our platform, you can easily select the “Balance” way of receiving funds, and upon successful transfer of the skins the entire sum will be available in your account. This balance can then be used immediately to purchase any other CS2 items on the market, completely circumventing the 8-day trading hold. This will improve the lives of traders who frequently buy and sell skins on our platform, providing the ability to instantly reinvest funds from previous transactions into the new ones.
Alternatively, if you prefer the new system implemented by Steam, you can just opt in for the traditional direct withdrawal option. In this case, the funds will be transferred to your account once the standard 8-day hold passes. Let us know in the comments which payment option you’ll be using from now on. Hope you find this article useful and can’t wait to have you on our refreshed LIS-SKINS marketplace!
