Monday, July 17, 2006

e-Currency Exchange

e-Currencies are systems whereby funds are exchange electronically - often over the Internet. Some e-Currency programs, such as the popular eBay-owned PayPal allow the user to fund their account directly, whereas others, such as e-Gold require use of an exchange or transfer service to fund users accounts.

E-currency exchange services allow users to buy and sell e-currencies in exchange for other e-currencies or real currency.

Examples of electronic currency exchange services are:

All these services are not without risk, but by using reputable names you should have no problems. Many of these sites allow you to fund and withdraw your e-currency by wire direct to your bank account however the transfer may take anywhere from a few seconds to a couple of days, depending on your bank, e-currency and the payment transfer service you choose to use.

The payment transfer services make their profit by charging a percentage on all transfers completed.

1 comment:

1031 tax deferred exchange said...

Nice feeling here. Seems so refreshing.
----------- 1031 exchange