Giuseppe Graziano is rebranding LXME, his liquid domain platform, to LMX.com, which stands for Liquid Market Exchange. The purpose of LMX is to create a safe environment in which investors are able to trade liquid domains quickly, efficiently and at low fees.
Giuseppe shared the following changes from LXME:
- You can now list One Word .com domains if they match certain quality criteria, the most important one being that the domain appraised value has to be above $10k Estibot.
- You can now list 3C, 4L and 5N .com domains, as long as they have an appraised value of at least $10k Estibot.
- Platform fees for a transaction are 7.5% (with a $1k min fee and escrow.com fees covered by the buyer). However, to incentivate users to list domains, we are offering a reduced 5% fee for each domain listed and activated before the 7th of May 2020.
Some of the existing features of the platform:
- The platform is invitation-only, however, if you own a domain supported by the platform, you can use the self qualification process to create an account.
- The users are able to create opportunity alerts, so they can get instantly notified when domains that match their criteria are listed.
- The platform is designed to be investor-only, and we encourage users not to post domains with end user price.
So now we have a second investor only platform as LMX.com joins DNWE.com founded by Josh Reason.
Great to see that both platforms use short, cool domains. Rosener’s dnx.com isn’t too bad, either 😊
A pity that all the valuations given by Estibot are tens of times lower than the actual”value” of many domains. I put one in that I actually sold for $29,000 and it said $1,700 . Others too. Not for me.
Good if you want to pick up domains for cheap from people who don’t want to wait for a buyer at the real value.
Thank you Mike for trying LMX and for your valuable feedback – we appreciate it! The EstiBot Wholesale Value is a recent feature that came as feedback request from users who wanted to see metrics to gauge the approximate value of the domains on the platform. We understand this might not be always an accurate indicator, and we will look into integrating others indicators in the future. Feel always free to email the LMX support with your feedback, we are more than happy to review your suggestions.
“The platform is invitation-only”
FYI
Please Don’t bother calling me, I will call if your services is ever needed.
Thank you and have a good domain day.
Love the wholesales market. Bought one from DNWE, the price is very reasonable.