So with the release of the Taken King, I considered buying the legendary edition for my Xbone, since I only have the vanilla Destiny on my 360 and the Xbone is smoother and I'd prefer to play on that one. Now, will my character be transfered to the next gen console? It is the same account on both consoles by the way.
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Your character will be transferred, but you will have to re-buy any old DLC. You shouldn't have any problems if you buy the Legendary edition since that comes with the codes.