Introduction to e-currencies

What are e-currencies?
*e-Currencies are a digital currency that you can use on the internet to buy and sell goods, services and products. It is exactly the same as normal money, but in a digital form. The most popular form of e-Currency is e-gold
e-Gold has been around since 1996. All funds are 100% backed by real gold stored at various high security vaults around the world. That means that for every cent you have in your account, there is the physical gold equivalent in a vault. e-Gold is denominated in Grams. You have so many grams of gold in your account. How much this works out to be in US Dollars, Great British Pound or the Australian Dollar depends on the current value of gold. You can find out the price of gold at http://www.kitco.com

Because the price of gold fluctuates during the week, the value of the gold you have in your account can and will change (more noticeable when you have $100 plus), but the amount of gold you have will not change. You will see how world events affect the price of gold. Although e-Gold is the monopoly of e-Currencies, (and the favourite of the ponzi admins) there are many others out there. Some are even better than e-Gold, but for one reason or another, haven’t become as successful.

Here is a list of some other popular e-Currencies.

*http://www.e-gold.com

*http://www.c-gold.com

*http//www.goldmoney.com

*http://www.libertyreserve.com

*http://www.phoenixdollar.com

*http://www.Pecunix.com

*http://www.paypal.com

*http://www.moneybookers.com




Funding your e-Currency account

Funding your e-Currency account is very easy. You can use a bank wire, money order, use your credit card or send a cheque (check). Your account will usually be funded within 48 hours. Choosing the right exchanger is crucial as there are many scams out there. Recommended exchangers are:

*http://www.LondonGoldExchange.com

*http://www.pinoygoldexchange.net

*http://www.icegold.com

*http://www.goldpouchexpress.com

*http://www.goldex.net

*http://www.anygoldnow.com

*http://www.omnipay.com

*http://www.eurogoldsales.com

*http://www.cambist.net

You should also be very careful of any exchanges involving PayPal and MoneyBookers. In fact, I would say don’t do any exchanges with them. Neither of them will allow you to exchange to e-Gold, and if they find out that you have, then they will close your account and you may not be refunded.

The other danger with PayPal is that transactions are easily reversible. So if someone buys e-gold from you, and they send you PayPal, once you have sent them the e-Gold they may reverse the transaction. Advantages of e-Currencies

e-Currencies have many advantages over normal currencies on the internet. The biggest being the anonymity it provides over any other currency because all you are is a number. You don’t have to provide any contact details if you don’t want. Note that it is probably in your best interests to provide some means of contact, if you get locked out of your account, then most e-currencies will contact you via telephone or snail mail.

I update my site at least once a week (usually several times a week). In fact, I am currently working on an incredible new opportunity, as well as expanding on the current information, so check back often!.

Also, there become legal issues if you start using a real currency to do your investing.
e-Currencies are simple and easy to use, whilst providing the anonymity that many people require on the internet. Some governments are greatly concerned about this (such as the Australian government) and have restricted or banned many of the Australian exchangers, requiring them to apply for a license to conduct such exchanges.

There is also a growing concern over the new Patriot Act that America has passed, since a small part of this Act seems to target e-currencies. In the future, it may be a requirement to submit several forms of ID before you can open an account. If this happens, wave goodbye to the HYIP arena.

www.e-gold.com.