E-Gold - How to use it?

[Burnzy]

I have registed E-Gold a while back thinking of it as a better system then maybe paypal. Or at least another option. Now I find that the only way to actually get money from E-Gold is through invitation.

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> Due to circumstances outside its control, e-gold Ltd is currently only able to extend the right of redemption to primary dealers. The process of becoming a primary dealer is by invitation only. If you desire to acquire some physical gold, please use the services of a bullion dealer. If, on the other hand, you need to exchange e-gold for a national currency, there are multiple independent exchange providers offering this service. Some of these are listed in the "Exchange Services" section of the e-gold Directory (see link from e-gold homepage).

If your primary interest in redeeming e-gold is to verify that e-gold is in fact 100% backed by physical gold in allocated storage, please see the recent audit report linked to from the e-gold Examiner page.</div></div>

Can someone please help me get this going or how I do use this. Thank you /forums/images/%%GRAEMLIN_URL%%/wink.gif

 

[Dizlee]

Never heard about it, but keep me updated when you figure it out, maybe it will be better for online transactions than PayPal.

 

[Vegaa]

What it means is that you have to use independent sites (sites not related to e-gold Ltd.) to purchase "Electronic-Gold"

E-gold is much safer then paypal because once the money is in your account, it can't be reversed back.

The money is backed by Real Gold, in Real banks.

They use much safer trading methods and Security against unauthorized accounts.

 

[Dizlee]

So how new is this, would it be too early to say, "Only accept E-gold offers"?