At 07:22 AM 5/31/2005, Tyler Durden wrote:
OK...what;s the best exchange service for transferring dollars (perhaps via paypal or credit cards) into egold?
I haven't found anybody that'll take credit cards or paypal without either major hurdles or extremely high fees - there's too much risk of fraud including reneging on credit card charges. However, I've been very pleased with Goldage.net - they've got several mechanisms for paying them, including walking in to one of half a dozen major US banks and making a deposit to their account, as well as a few varieties of wire transfer. They're a transaction-based service rather than an account-based service, and support a variety of online gold currencies. I don't use e-gold myself - I get so much spam purporting to be from them that it's much simpler to discard all of it, since 99.9% is phishing. But a certain anonymous person with whom I might or might not be be familiar was able to use Goldage's online interface to set up a transaction, hand some dead presidents to a Bank that's in America, and a day or two later the transaction cleared and there was a deposit to an electronic currency company's account, which could allegedly be used to pay a merchant. Fees were pretty low, though for relatively small transactions the minimum fee is the main concern, rather than the percentages that matter more on larger transactions.