E-gold is an international payment system created in 1996 company Gold and Silver Reserve, Inc., which money resources,
exchange on precious metals: silver, gold, platinum and palladium. This feature does e-gold especially effective
for carrying out of the international payments as accounts of users are not adhered to what or national currency.
Opening the account and buying e-gold, the client as though, buys the precious metal chosen by it at market cost and
lodges in G&SR. Thus, one of the greatest advantages e-gold is realized, it is security of client accounts in e-gold from
judicial encroachments. It is necessary to note at once in spite of the fact that your account will be protected from
claims of the third parties, the account can be blocked by administration e-gold, in case of detection of any illegal
actions of you (construction of pyramids, a deceit, etc.).
E-gold it is possible to carry following opportunities to other advantages:
1. To make effective calculations between clients. By transfer of money resources in e-gold from one participant to
another, actually there is a redistribution of the rights to precious metal physically stored in the same place.
2. As already it was specified above, protection of clients means, against judicial claims from the third parties.
Under the legislation of the USA, namely there there is a bank, the actives which are being on storage, cannot be object
of judicial claims.
3. Internationality. E-gold the open system, it does not divide people on "black" and "white", therefore any person
living worldwide can open the account in e-gold.
4. Anonymity of opening of the account. E-gold will not check up given entered by the client at opening the account.
However, not clearly as long to be prolonged, eat it some probability, that in peak of struggle against terrorism this
opportunity will be covered or will strongly complicate.
5. Ease in management. All operations in e-gold are carried out by means of a browser, there is no necessity to
establish the additional software.
6. Convenience in the organization of payments reception. For this purpose it is enough to place on your site the
standardized form for reception of payments, to change necessary parameters and everything, your Internet-shop it is ready.
Also there is an opportunity to spend micro payments, i.e. you can quite sell the goods for shares of cents.
7. The Low commission. For each transaction e-gold raises 1% from the sum, but it is no more 50 cents. For example:
you have translated 500$, the commission e-gold will make only 50 cents. Opening the account in e-gold is free.
As lack it is possible to result following feature of system, time all money resources are placed in precious metals,
and their market rate is not stable, accordingly and the condition of your account not stably and depends on a current
conjuncture in the market of precious metals. An example: you, have entered your means in E-Gold, having selected for storage
gold, in a week you have decided to take away them therefrom, however for this time the price for gold at the London stock
exchange of metals has fallen to 10%, accordingly and the volume of your money resources has decreased for the same
percent. On the other hand, the price for gold can and grow, that now we and observe. So, purchase e-gold can be considered
as some kind of investments into precious metals.
Summarizing, it is possible to tell that e-gold is system of the future, some kind of, the second life of precious metals
superseded was from the world markets green dollar, and received the second life on the Internet as means of payment. By
the current moment, it is opened about 500 000 accounts at a turn in 3 million dollars. The fresh and detailed statistics
can be looked on a site e-gold.
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