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What is E-Gold ?
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.
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.
-
e-gold is
borderless:
e-gold may be
Spent to any other e-gold account anywhere
in the world via the e-gold shopping cart
interface (SCI), the e-gold Account Manager,
or web enabled mobile phone.
-
e-gold is
quick:
e-gold
payments clear instantaneously (with no
chargeback risk), no matter how large the
payment, no matter how far apart the Spender
and Recipient.
-
e-gold is
cost effective:
Spending
e-gold is free, even if your recipient is on
the other side of the world.
Recipient
transaction fees range from substantially
smaller to orders of magnitude smaller than
those of credit cards and bank wire
transfers, no matter how large (or small)
the payment.
The e-gold Agio fee, which recovers bullion storage
costs, passes on economies of scale normally
only enjoyed by very large holders of
bullion.
How to create an
account in E-Gold?
It is FREE to
create your account at e-gold. To open a
free e-gold account - no cost, no obligation
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Click Here, click on "create account", fill in the blanks and click on "open".
That's all there is to it.
The ID # they give you and "passphrase" are
the two things you will need to have in
order to ever access your account, view the
history of changes, history of payments, do
in-exchanges with, or spend money from so
choose those two items carefully and record
them somewhere before you click on "open"
account.
As soon as you click on "open" account, you
will receive your account number. Print it
out and keep it in a safe place along with
your passphrase.
How do I
put money into my E-Gold account?
There are two
ways to put money in your e-gold account:
- The first and most cost effective way is
to receive payment in e-gold from another
account holder. It takes only a few seconds
for transactions to clear and settle this
way.
- The second way is to exchange your
national currency for e-gold using the
services of an independent exchange market
maker.
How do I
get my money out of E-Gold?
That I can
gain on the E-Gold?
- Different
facilities and services, hosting for your
web-server, buying in the shop and else much
what.
- To Send money a friend or partner,
regardless of that where it inheres.
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