E-Currency Exchange

Philippines
July 4, 2012 6:15am CST
On June 26th, I bought 100 credits total (5 packs of 20USD credits) on Widto. I wanted to exchange my e-currency from PayPal to SolidTrust Pay or Payza. I had to resort to e-currency exchange because about three weeks ago STP disabled the option to fund STP account via credit/debit card from the Philippines. I have EON. I verified this with their support team. They had not disabled credit/debit card options for other countries though. I was told Malaysian credit/debit cards are still accepted. Widto does not have the STP option so I opted for Payza/AlertPay. First step is to buy 20 credits equivalent to 20USD. But to be able to do exchange from Widto credits to your preferred payment processor, STP in my case, you would need at least 100 credits in your account. I completed my 100 credits and I sold those 100 credits so I could make the exchange to Payza. I even ticked their "Quick pay" option as it said there it would take a few minutes only with Quick pay. A day passed and my 100 credits sold still showed up as Pending. I sent them 3 messages and I did not get any reply. I emailed the PayPal email account they used but still did not get any reply. Nada. Nothing. Zilch. I wrote them 2 messages again and still it did not reflect. I took to PayPal to report the problem. In less than a day, they were able to resolve my problem and refunded my 100USD to my PayPal account. Just sharing my experience with Widto. After that experience, I searched online for any e-currency programs. I stumbled upon YouExchanges. After reading everything I need to find out about the site, I did a trial exchange. I transferred 3.60USD from my PayPal account to STP. Admin replied to me within a day and I got 3.60USD to my STP account. Since then I have done 3 or 4 exchanges in this site. For free members, the minimum to transfer and withdraw per week is 4USD only. I wanted to fund my JBP account so I could buy more positions in multiples of four (4). With only 4USD per week it was going to take me a long time to transfer about 100USD to my STP from my PayPal. So I did the upgrade of 19.90USD so I could exchange and send at least 125USD weekly. I would recommend YouExchanges for minimal exchanges. They can exchange e-currency between these payment processors - MoneyBookers, OKPay, Payza, Liberty Reserve, Perfect Money, PayPal, and Solid Trust Pay.
3 responses
• Indonesia
4 Jul 12
Hi Jolie. It's good to hear this experience direct from you who had personal experiece with the exchange. Hence we can note and remember to try later when we had requirement to exchange between our payment processors from Paypal, LR and Payza.
• Philippines
4 Jul 12
You're welcome, bimagroup. I do not want others to go through that feeling of worry and panic like I experienced with Widto. It did look like a respected but I did not get to prove that when I did transact with them. It's like ghost town.
• United States
4 Jul 12
I have had friends use Youexchange also and they said they are quick and efficient! I am happy you got your money back on the first transaction you did though otherwise that is a lot of money to lose. You got to love paypal! They are great with crediting back money in cases like this
1 person likes this
• Philippines
4 Jul 12
That's good to hear, Lauraleigh99. It seems a small site and I wished they would at least upgrade the 4USD weekly transfer/exchange to 10USD. PayPal is still number one for me. That experience with money refund certainly cemented my faith in them.
@jaderamirez (1031)
• Philippines
4 Jul 12
This is good to hear at least I know one e-currencies exchange that can be trusted. As we all know it is hard to trust people online.
1 person likes this
• Philippines
4 Jul 12
Yes, I was also relieved to have found youexchanges online. For every successful transfer, I would post testimonials in the forum.