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Beginner's Guide to EVE Online Currency

Beginner's Guide to EVE Online Currency

Learn about the three main EVE Online tradeable Currency Items

Beginner's Guide to EVE Online Currency

One of the main reasons EVE Online gained its' popularity is because of the complex economy system it offers to its' players. The EVE Online market shows a lot of similarities to real-life stock exchange, including its very pleasing GUI (graphic user interface). The extent to which players can shape the game's world through economy, made trading the main activity for many players.  Players can buy, sell and trade their ships, ship parts, and items, including Isk, Plex and Skill Injectors.  The latter trio make up for the three most popular items on the EVE Online marketplace. However for more casual players the currency system might be unclear to beginner's, that's why we have decided to write this Guide.

EVE Online Marketplace - Buy Sell Trade ISK, PLEX , Skill Injectors
EVE Online market main window showing current prices for PLEX

ISK, PLEX, SKill Injectors - EVE Online Tradeable Currencies

ISK

ISK (InterStellar Kredits) is the main currency in EVE Online. Players can use it to trade with one another (buy, sell items), use it on the in-game market for ISK-based transactions aswell as accept contracts between other players for services, characters or other assets.

Players are able to obtain ISK through regular gameplay. They are able to conduct several activities, while the most popular ones are:

  1. Piracy - the most rewarding (yet the hardest) EVE Online profession. Piracy involves a lot of PVP battle practice, trickery and deception. Also the most successful pirates usually bend the game rules to their advantage (sometimes catching the Game Masters attention). Some of the popular pirate's activities are: stealing ore from miners, salvaging wrecks, stealing other players/alliances mission items for ransom.
  2. Mining - most basic activity players conduct when trying to get their hands on some extra ISKs.  There are three main types of mining which are: Ore mining, Gas Mining, Ice Mining. The general idea behind mining is getting your frigate to an asteroid belt in the area you reside in. Then all you have to do is target an asteroid and start mining.
  3. Industry - you can earn money by crafting and selling valuable equipment. The best profit comes from rare and high-tech stuff, though it's still good money if you do Tech1 crafts with a small profit margin
  4. Buying PLEX on the in-game market and selling it for ISK. You can buy 500 PLEX for 15 euros and sell it for around 1.5 billion ISKs. This makes the "official" price of ISK at around 10euro/1 bil ISK. On the other hand, the black-market price for ISK is around 5-6 USD / 1 bil ISKs.

Trivia: It is rumored that CCP Games chose this name as a reference to the Icelandic Krona (national currency in Iceland) which has exact same ISO code "ISK". CCP Games, the producer and publisher of EVE Online is an Iceland-based company.


PLEX

PLEX is the second most popular currency in EVE Online. PLEX cannot be directly obtained through regular gameplay. It is commonly bought by players and traded on the market to obtain fast ISKs in a way that is acceptable by the game developers. PLEX can also be traded for additional game time. While till just recently 1 PLEX equaled 1 month of game-time, it was changed and currently you will get 1 month of game-time for 500 PLEX. However also the price for PLEX was adjusted aswell, and PLEX allowing you to prolong your adventure by additional 30 days is still 20 euros.

Keep in mind getting the game-directly is cheaper than PLEX, as it will cost only 15 euros. PLEX is a great way for more advanced players to be able to fund their game time with the ISKs they earned in game.

PLEX is also often used to estimate the costs of biggest EVE Online battles.  

SKILL INJECTOR

Skill Injectors are yet another popular currency item in EVE Online. They can be acquired by players with a minimum of 5.5 million skill points by using Skill Extractors. A Skill Extractor will extract 500,000 Skill Points from the character, and create a Skill Injector in the process. Skill Injectors can be used on alt characters, traded on the market or given to other players. It can also be used on the same character, in order to move points from one skill to another. The number of skill points a character gains depends on their overall skill points. 

The number of Skill Points a single Skill Injector will grant is:

  1. 500,000 unallocated Skill Points, if the character has between 0 and 5 million Skill Points at the time of use,
  2. 400,000 unallocated Skill Points, if the character has between 5 and 50 million Skill Points at the time of use,
  3. 300,000 unallocated Skill Points, if the character has between 50 and 80 million Skill Points at the time of use,
  4. 150,000 unallocated Skill Points, if the character has over 80 million Skill Points at the time of use.

EVE Online holds a very interesting record of number of Skill Injectors used overnight. A player named IronBank created a new character and  used over 2,800 Skill Injectors (valued at that time nearly $30,000) to max out all possible skills. The character acquired a total of 473,000,000 Skill Points which is  impossible to achieve through normal gameplay.

Appearently, it was all streamed live in order to advertise his business. 

We hope this guide will help you get into EVE as soon as you start your adventure. We know the beginning's are rather harsh as EVE Online is a rather difficult and comprehensive game.

If you have any suggestions about other EVE Online guides feel free to leave a comment below or join the discussion on our Facebook fanpage

Pictures used in this article are intelectual property of CCP Games.

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