OSRS – How Does the Grand Exchange Work?

Last updated on June 23rd, 2022 at 04:25 am

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The Grand Exchange plays a pivotal role in Old School Runescape, so here’s what you need to know about it.

Both making OSRS gold and finding items you’ve been looking for are key components of Old School Runescape. You may even choose to buy OSRS gold to get the items that you crave from a resource that has OSRS gold for sale. You could alternatively be looking to make some OSRS GP of your own in the game. To delve into features such as these, we are going to look into using the Grand Exchange.

What is the Grand Exchange?

The Grand Exchange (GE) is a place in which players can access a trading system in OSRS. Here you can buy and sell items that are tradable within the game. You have eight GE slots that you can use for buying or selling items. If you are using a free-to-play account, then you only get three.

You don’t need to advertise, wait, or even meet others when waiting for a trade to finish on the Grand Exchange. Coins and items from these trades can be found at banks or deposit boxes, no matter what the status of the trade is. You will get a notification in your chatbox once the status of a trade offer has changed.

Where is the Grand Exchange?

You can find the Grand Exchange to the north-west of Varrock, and to the east of Edgeville. If you find yourself in the Wilderness, then you can simply head south to either of these places to get your bearings.

How Does it Work?

What actually goes on within the GE isn’t known to the public, but how it operates on the surface can be discovered as you experience more of the game. You basically interact with GE by buying and selling using offers for items that you wish to purchase or trade. The success of a trade is dependant on when the buy offer is level or higher than what the selling offer is.

The amount that the item is successfully traded for depends on who made the first offer. If a buy offer comes in and lower sale offers are there, then the trade goes through between the lowest sell offer, with the buyer getting back their OSRS gold. Meanwhile, if there is a sell offer made with higher buy offers existing, then the trade will be successful between the highest buy offer, after with the seller will get more OSRS GP than what they’re offering.

There is also volume to consider. The volume is measured on the amount of the items that are being traded over on the GE. There isn’t an official publication of this number in the game itself, but you can go onto the official Old School Runescape Grand Exchange website database to get a look at the information you’re seeking.

There are a number of different kinds of OSRS items that have high volumes on a daily basis. These tend to be supplied which involve ores and runes. Ranged weapons are also commonly found on the list of items with a high volume. These include arrows, cannonballs, and darts.

What are the Limits on Purchases?

If you are heading down to you the GE in the hopes of picking up a Twisted Bow or a few other items you need, then you need to keep in mind that there are some restrictions. Every four hours, the rate of purchasing is restricted. What this restriction is depended entirely on the item and what the limit is that’s connected to it. This means that you can only buy a certain amount of that OSRS item at that time.

Are There Items You Can’t Trade?

Non-tradeable items do exist in OSRS where the GE is concerned. IF you do want to still trade such items, you can do so still when trading directly with players. Items like burnt foods for example have no value because they can’t be traded. Other items like jewellery that isn’t fully charged, half-eaten items, recipe resources, and certain other equipment can’t be traded.

With this bit of background knowledge, you should be ready to trade on the Grand Exchange. It can be a great way for you to make OSRS gold, and it will also be a resource that you use to get the items that you have been looking for. Once you have more experience in using it, you will be able to take full advantage of what the trading experience in Old School Runescape has to offer.

Have you checked out the GE? Let us know in the comments section below!