What are the differences between egold and paypal?

@JamesMa (119)
China
April 19, 2007 10:30pm CST
Dear, could you tell me what are the differences between egold and paypal? Which can be easier used by us? Which is simple for the procedure? Your opinion will be my option to choose what I will use. And it will be useful for others who puzzle in egold and paypal.
1 person likes this
4 responses
@smileydew (171)
• India
1 May 07
hai jamesma,iam srinu from india,lets look at egold and then pay pal, egold u can create very easily and make it very secure and the id come to you in email which u gives in the application form,in most of the countries ,world wide accepted egold funding debit cards like mastro etc..,if u are in states i suggest e-gold account ,u just like your bank account transaction,some private funding agencies they buy and sell your egold.but if u go for hyips and load ur egold number,hackers like to track ur password and stolen your account,so decide your self,just for transaction and usage it is very good,while coming to pay pal sometimes the site it self losses it money,and for verification,it asks your credit card code,i think it is not safe,it ask code to send bank account directly in website that is given,may be with in 15 days i like to with draw ,so i know what it says,till now i never face any problem with my egold.any way visit e-gold and paypal.com,paypal use ur email id,so becarefully in selcting the payment option to get
@JamesMa (119)
• China
2 May 07
Dear, thank you very much for your kind reply. I have aother question: Is it the same to use egold in china with your country?
@JamesMa (119)
• China
3 May 07
Ok, thank you very much. From you explaining, I think I will open an egold account. Thank you again. You are very kind!
• India
2 May 07
for your 2nd question,it is same like our gold usage for ornaments ,it is same in all countries but purchasing with that country currency like that e-gold number is universal but you got paid in that currency where u located ,and facility for e-gold is u can with draw from you local atm ,with e-currency debit card,just like our visa or master atm card accepted world wide,both e-gold and pay pal or once created it is valid all over globe where ever u go u can access your account and draw your amount related to that country currency,but a service charge taken to do that like 1,5$ - 5$ depends on the tax and company rules that your atm card registered
@tonyjms (75)
1 May 07
but I opened an e gold account to use it to trade with a company but I found it to overly complicated and to be honest, it is much easier to use paypal, and I think paypal should be the way forward.
@JamesMa (119)
• China
2 May 07
Ok, Tonyjims, thank you for your experience.
• Kottayam, India
20 Apr 07
Paypal will give you money whereas E-gold will give e gold only no money to you u tell them they will pay in e golds only, so be careful.
@JamesMa (119)
• China
20 Apr 07
Elshaddai, I am sorry, I am still not so clear for egold. You said I should be careful. Could you tell me what I should be careful by using egold. May be you can set a example to explain. Thank you very much for you reply.
• China
20 Apr 07
E-gold accounts are denominated by weight. The 'balance' of your account will show in grams or troy ounces, not Dollars, Euros or Yen. Since the daily price of gold fluctuates, your accoutn balance needs to be handled by weight. E-gold account balances are not permanently pegged to any one specifig world currency they are displayed by weight. When you want to determin the exact value of an account from your account screen select your licla currnecy and the current value will show for that monent in time. Since gold prices often move up or down so will the current value of your account based on that day's gold price.
@JamesMa (119)
• China
20 Apr 07
Ronlyfain, thank you for your explaining. It makes me know more information about the egold. Does the paypal appear wiht US dollars?