Seeing as recently launched MMO The Elder Scrolls Online has no auction house, one website has stepped in to establish a trading community of its own.

The forums on fansite TESO Elite (spotted via CVG) have established a set of guidelines that it advises people to follow when trading, and Bethesda has now endorsed the site on Twitter.

The TESO Elite community plans on introducing mediators in the future, and already has established an account to handle any trading disputes. The community also promises to root out rogue traders with active moderation, and there’s a feedback system in place so that established traders can stand out.

There’s always an element of risk involved, of course, but this seems like one of the safest ways to trade Elder Scrolls Online items with strangers on the Internet.

GameSpot’s very own Kevin VanOrd is ploughing through Tamriel right now for his The Elder Scrolls Online review, and you can read his latest thoughts right now.

The first big update for The Elder Scrolls Online, Craglorn, will arrive later this month.