Wednesday, January 9, 2008

Exchange Service Providers

If you are new to hyips, or even if you have been investing with them for a while you are probably always looking for a reliable way to get your money out of e-gold, liberty reserve or V-money. Well the first thing that I would like to mention here is that e-gold has been difficult to liquidate ever since last April when charges were brought before them in regards to money laundering and operating an unlicensed money transfer business.

Therefore, if you have any money online it is usually best to store it in either Webmoney or Liberty Reserve. You should also fund these ecurrencies when you are buying them. It is better to have webmoney, which can be exchanged to make a profit of around 5% if you need e-gold, rather than purchasing e-gold which will automatically incur a 10%+ fee when you are trying to out exchange.

In terms in and out exchanging the best services that I have used are Goldex.net, Londongoldexchange.com and goldexchange.eu.

LGE (London Gold Exchange) is now only good for those residing in the UK as they have restricted new sign ups to that location only. The other two are fairly good. The only major issue that you will encounter with Goldex is extremely slow service and poor customer support. That being said, if you are willing to wait you will find that their fees are cheaper than most of the other sites out there.

In terms of automatic exchanges, I used to preach autocambist, however their fees have become unreal. So I would recommend the Russian automatic exchange provider, roboxchange.com.

Either way my last piece of advice is to avoid V-money. Personally it reminds me a little too much of evocash and I have suspicions around the owners.

Until Next Time,
This is Mr. Money Man

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