Is it safe to use Egold?

United States
March 30, 2007 6:53pm CST
I am really thinking of opening an Egold account.I am not sure...is it needed for online programs?Do I need one?I have a Paypal account already.Is Egold safe?
1 person likes this
4 responses
@SageMother (2277)
• United States
31 Mar 07
E-gold is ok if you don't mind the value of what you withdraw to you bank fluctuating with the price of gold on the open market. For me this would be intolerable. I expect to get the money out that I put in and not adjusted against the whims of some other variable. Many say that E-gold has lower fees, but since they have the cover of the gold market determining the amount of money you can take out of your account, that means they can hide their fees at any given time for any given customer under the guise of these fluctuations. If you aren't in the habit of watching the worth of gold, you can lose money too easily.
1 person likes this
@ricknkae (1721)
• United States
31 Mar 07
I personnally trust Paypal more than E-gold, but I had to open an E-gold account because some online money making programs that I was using didn't pay through Paypal ... I don't use it much though and I usually don't leave my money in there becauser it can fluctuate very quickly
@aprilgrl (4460)
• United States
31 Mar 07
I never had any problems with them but I don't put alot of money there.
@njuzheng (40)
• China
31 Mar 07
It is Okay. I use it for a long time, and it is safe.