anyone using liberty reserve?
March 2, 2010 11:36am CST
I am thinking to use it , but I have seen many people saying they have are having problemes with them and some think its a good website. so I would want to know some more, are u using it? did something happen? or everything is fine?
2 Mar 10
Liberty Reserve is a good payment processor. I use it and I had no problems whatsoever. It is also very quick in transferring funds to other sites. And the fee structure is lower than PayPal and Alertpay. Only problem is there is no way to withdraw funds directly to your bank account. You need to convert it into other currency using exchangers then you can withdraw. Happy Mylotting!
1 person likes this
2 Mar 10
oh, thanks for answering =) But yeah... I dont really like that that exchange thingy, which website did you use to exchange for liberty usd? I have money in paypal that I want to exchange to liberty, so is there any you have used that is trustworhty? I have never used these before.
2 Mar 10
You know Liberty Reserve provides a list of sites that exchange LR currency to PayPal currency etc. You can check it out on LR site. Other best way is to find someone who wants LR currency in Exchange of PayPal currency. Just yesterday someone on MyLot said that he is ready to Pay 22USD in PayPal in Exchange of 20USD of LR. I haven't tried to withdraw yet because I do use the money for other online purposes.
3 Mar 10
I am using this e-currency. This is good e-currency especially for security issue. There is ip address identification and welcome note after you enter account number, password and touring number. If you are logging in with different ip address, verification pin will be send to your email. After ip address identification, you have to enter pin to login to your account and there is master key when you want to send money to merchant. There is no way to convert your funds in LR into your local bank account directly. You need exchange services. You may sell your LR and get cash in your bank account or you can convert it into other e-currency. All you need to do this is exchange services.