what is e-gold? Is it safe?

Discussion in 'Payment Processing' started by johno123, Sep 29, 2007.

  1. #1
    hi all,

    i want to know about egold and the website address too. Is is e-gold.com or egold.com or...???

    is it safe? and how do i get egold? do you have to upload funds from your bank acount? i have paypal but need egold to pay seller. Only accepts egold i think.

    is there any way to get scammed using this instead of paypal?

    i know lots of questions but, where else can i get true answers, than on dp !!


    thanks for any help
     
    johno123, Sep 29, 2007 IP
  2. nabil_kadimi

    nabil_kadimi Well-Known Member

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    #2
    The site URI is e-gold.com
    It was safe, but the owners were sued by the US Government lately, so it not sure that e-gold will still exist in the future.
    You buy/sell e-gold to/from trusted e-money exchange websites and from trusted members on DP.
    The risk of being scammed is 0% if you learn the basic rules (for example: never go to untrusted sites, never sell e-gold for paypal...)

    Read some e-gold <=> paypal exchange threads and you will learn a lot of things
     
    nabil_kadimi, Sep 29, 2007 IP
  3. shanka

    shanka Banned

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    #3
    e-gold.com bro
    it use for sales buy sell exchange
     
    shanka, Sep 29, 2007 IP
  4. butchik

    butchik Banned

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    #4
    e-gold.com and it is funded by exchangers, and unlike paypal, when u make payment to ur seller it can never be refunded or charge back... so be careful...
     
    butchik, Sep 29, 2007 IP
  5. johno123

    johno123 Well-Known Member

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    #5
    yeah that was one thing i was affraid of butchik
     
    johno123, Sep 29, 2007 IP
  6. tushardhoot1

    tushardhoot1 Active Member

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    #6
    EGOLD is the safest thing for sellers. Paypal is the safest for buyers.

    Its an virtual payment application like Paypal, but its backed by GOLD. This is why you can only buy/sell E-gold through brokers, as they buy/sell gold on your behalf.

    Make sure you use a trusted and well known broker though.
     
    tushardhoot1, Sep 29, 2007 IP
  7. johno123

    johno123 Well-Known Member

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    #7
    thanks guys, i as the buyer am not liking the sounds of egold. :confused:
     
    johno123, Sep 29, 2007 IP
  8. tushardhoot1

    tushardhoot1 Active Member

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    #8
    Well, its a great service. Just make sure you trade with someone trusted, because once you give money, you can't get it back like paypal.
     
    tushardhoot1, Sep 29, 2007 IP
  9. speedster

    speedster Peon

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    #9
    e-gold has been around for a while. There's no buyer or seller protection though
     
    speedster, Sep 29, 2007 IP
  10. johno123

    johno123 Well-Known Member

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    #10
    that sucks...

    so whats a guy to do when the only payment choice is egold...

    Not really interested in being scammed. :( Not at all...


    thanks for all your thoughts you guys :)
     
    johno123, Sep 29, 2007 IP
  11. Disguised

    Disguised Notable Member

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    #11
    Always Trade with trusted people or purchase from trusted & Legit sites and you will never get scammed.

    Egold is one of the best payment processor, the only drawback is that it can't be funded directly with bank account or credit card and you've to go with third party exchangers which makes it pretty much untrusted and reliable but it is good and been around for 10+ years now.I'd say give it a try but be careful or else you will end up losing enough money
     
    Disguised, Sep 29, 2007 IP
  12. cool_78

    cool_78 Guest

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    #12
    Egold is very safe and they have been around for a long time now and has survived investigations and allegations.
     
    cool_78, Sep 29, 2007 IP
  13. knightkrm

    knightkrm Peon

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    #13
    I've been using e-gold.com for over a year but I heard some people talk about it being unsafe and may close anytime. I'm still using it and i don't think it will close sooner. Still, nothing is really confirmed
     
    knightkrm, Sep 29, 2007 IP
  14. Untitled

    Untitled Well-Known Member

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    #14
    E-gold is pretty much an alternative to Paypal. It's not used that often but it is used. I'm not sure it's sfe, perhaps that's why it's not used to often.
     
    Untitled, Sep 29, 2007 IP
  15. knightkrm

    knightkrm Peon

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    #15
    it's so used by countries that does not support Paypal such as Morocco. It's so safe by the way
     
    knightkrm, Sep 29, 2007 IP
  16. Terano

    Terano Banned

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    #16
    E-gold is very safe for seller.

    Paypal is very safe for buyer, they has buyer protection policy.

    Cheers
     
    Terano, Sep 29, 2007 IP
  17. johno123

    johno123 Well-Known Member

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    #17
    all good points.. So i have to buy gold from somewhere and then add it to my egold account? is that how it works?
     
    johno123, Sep 29, 2007 IP
  18. knightkrm

    knightkrm Peon

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    #18
    it's money just as paypal , but it does influence by gold's rating in the market
     
    knightkrm, Sep 29, 2007 IP
  19. pgx

    pgx Banned

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    #19
    Yeah, i think e-gold is still safe.. :)
     
    pgx, Sep 30, 2007 IP
  20. Disguised

    Disguised Notable Member

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    #20
    You can exchange with people on DP (but be very careful, lots of scammers out there) also you can check their main site for a list of exchangers. I'm not sure how much they charge and how long they take to fund your account but they are official exchangers of Egold so they must be good (do your reasearch before using any of them)
     
    Disguised, Sep 30, 2007 IP