Can anyone explain E-gold to me?
By reginapaul
@reginapaul (40)
United States
April 15, 2007 12:19am CST
I have paypal and am happy with them, but I'm noticing a trend where this other company E-gold has been popping up. What can you tell me about E-gold? Have you used them? Do you like them?
5 responses
@moreinfo (3865)
• China
15 Apr 07
E-gold is the second popular payment processor and have been in business for many years now. Its available worldwide.
E-Gold, fund account, cash out, all about the gold backed payment processor
http://www.mylot.com/w/discussions/722311.aspx
Cash out small amount of e-gold, withdraw less e-gold money
http://www.mylot.com/w/discussions/886326.aspx
AlertPay: Alternate ECurrency Good for Cashout E-Gold
http://www.mylot.com/w/discussions/696409.aspx
E-Gold and Online Security Recommendations
http://www.mylot.com/w/discussions/447072.aspx
Online Security: How to keep your e-gold and other accounts safe?
http://www.mylot.com/w/discussions/441238.aspx
Online Security: Use Firefox NOT iexplorer to access e-gold and other accounts
http://www.mylot.com/w/discussions/688769.aspx
Use IP address to access your e-gold account securely
http://www.mylot.com/w/discussions/830929.aspx
Use ROBOFORM to Protect Your E-Gold and Other Accounts?
http://www.mylot.com/w/discussions/452266.aspx
Easy way to check if an e-gold account is blocked or not
http://www.mylot.com/w/discussions/807893.aspx
@moudas (259)
• India
15 Apr 07
e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage.
Other e-metals are also issued: e-silver is 100% backed by silver, e-platinum is 100% backed by platinum, and e-palladium is 100% backed by palladium. However, the most popular e-metal (by an overwhelming margin) is e-gold.
e-gold is integrated into an account based payment system that empowers people to use gold as money. Specifically, the e-gold payment system enables people to Spend specified weights of gold to other e-gold accounts. Only the ownership changes - the gold in the treasury grade vault stays put.
@varunoberoi (266)
• India
15 Apr 07
e-gold is a e-currency backed by gold and its more of an option if you wanna earn or do online investments...
@ChrisRock619 (1040)
• United States
15 Apr 07
Well as you know E-gold is an alternative to Paypal, which they are ways to pay and be paid electronically via the net. The only difference in Paypal and E-gold is: Supposedly E-gold is backed by real gold, and they pay you with gold. So when you get a certain amount of money and want it sent to you it's in gold. Then once you get your payment you are responsible for converting it into cash if that's what you want to do. I hope I'm understanding this right, because that's what I've had people telling me.
