Why People Exchange Paypal,egold,moneybooker ?

I wanted to know why people post that they want to exchange paypal with M/B or E-Gold ?
Why cant they just transfer from their one a/c to another ?

 

Becaus you cannot transfer the funds from PayPal to Egold or Moneybookers directly.

 

also currency transferring is forbidden in most merchant company

 

Not in most. only by PP and moneybookers

 

Are you sure about it ?

 

There are only 3 which are popularly used here, ie Paypal, Moneybookers and E-Gold and since it is against TOS to exchange to and from Paypal and Moneybookers, it only leaves the exchange of e-gold to e-gold as the only means which is not against TOS which in the end would defeats any purpose.

I guess you see a lot of exchanges because for one, some people needs funds while others see a good opportunity to con others out of their money by making a deal which you cannot resist.

Some people needs to get rid of e-gold because it is so darn hard to convert to real money and see the chance of doing a e-gold to paypal transfer. What happens in the scam is that e-gold is not going to help you once your e-gold is transferred out and since it is against TOS through Paypal, the scammer can just make a dispute claim and you lose your paypal and e-gold funds altogether. Seen too much of those happening here on a regular basis and yet people still do it.

 

Because they are in need of that money. Like most of adult programs accept e-gold money.

 

Direct transfer from an account to another isn't possible. I think the main cause is that at a moment in time a person has let's say funds in paypal and needs to make a payment through moneybookers. Assuming his bank account is empty the only way doing that would be withdrawing money from paypal (2-3 days) and depositing into moneybookers (another 2 or 3 days). Are you willing to wait 5 days when you need something done now? I'm not.

 

Most payment processors do not like like currency exchanges and will likely ban or limit account holders who are caught doing this.

 

i hope you understood now

 

I used to have an egold account but it was hacked. How safe is Moneybookers?

 

I transfer from Egold to paypal and vice versa because i need it for my WoW Gold site

I buy WoW Gold cheap using Egold and sell for 5x and take the payment in Paypal. Then i convert the paypal back to egold and repeat.

Its a great way to make some extra cash

( I use WoW gold in my forum as well, I reward my members for posting and being active, yet i get inreturn even more biz )

 

thanks for the facts

 

My Paypal account was hacked too