which one to try -- PAYPAL or E-Gold ???

@raul109 (161)
India
January 30, 2007 2:54am CST
Hi friends I m new here?? where should i open an account??? Which is better.. please help
4 people like this
16 responses
@raghwagh (1527)
• India
30 Jan 07
Hi friend, both are good, but it depends on how you will be using it and in which country you are living.You are from India so paypal is good for you.I am lso from India.Also we can encash Paypal when our balance reaches 150$.Also paypal is secure way of money transfer.I also have a account with paypal. One more thing we dont require any credit card or debit card for opening an account with paypal.It is just an additional facility.When we reach 150$ we can ask for withdrawal and we receive money by cheque in our local currency.Also there are many Indians who have paypal account.A goon news paypal is opening its branch in chennai shortly.So now paypal is more comfortable than egold.Also in egold the balance varys based on the current prices of gold metal.If you want to create an account with paypal you can use following link, https://www.paypal.com/row/mrb/pal=D79XAZWBFHD88 If you have anymore problems please PM me and I will try to solve them.
3 people like this
@raul109 (161)
• India
30 Jan 07
thanks friend, I will open account in paypal only..
2 people like this
• Indonesia
2 Feb 07
I am in Indonesia. Paypal is new payment system here. E-gold account more familiar and easy for us here. So, I choose to open egold account rather than Paypal. Because there are many egold changer local here. More efficient and effective way for transactions in our local currency.
@ossie16d (11821)
• Australia
1 Feb 07
I believe that as you are from India that you can open a paypal account. You will then need to have the account verified and to do that you can use a debit card, or at least that is acceptable for most countries. Some people will say it is a credit card you need, but mine has been verified using a debit card. It takes a couple of days for the account to be verified and it is a relatively easy process. Once the account has been verified, you can then either use the money when it is in the account or let it accumulate or alternatively withdraw it. To withdraw the money you can get a cheque, although that will probably cost you about $1-50 (varies depending on the country I believe), or transfer to your own bank account. If you have less than $150 in the account, it will also cost you about %1-00 but if more than %150 the transfer is free of charge. Unfortunately I do not know anything about eGold but someone else might be able to help you on that one. Good luck and hope you earn enough during February to get a payout in March. :)
@raul109 (161)
• India
1 Feb 07
Thanks a lot for ur advice...I guess u might be the top earner of mylot till date u have posted so many reply
1 person likes this
@moreinfo (3865)
• China
30 Jan 07
e-gold is backed be real gold, and its free, worldwide available, so prefer e-gold here.
@Bbilal (1998)
1 Feb 07
Depends on the country you belong to, if you're from pakistan then I prefer to go with e-gold it is the best online transiction company through out the world. Im using e-gold since more than a year and did not face any problem till yet by using it, it is verry easy to use and trustful as compare to others I don't know about PayPal may be it is better than e-gold but I've provided the information I had :)
@bmjut247 (171)
• Philippines
1 Feb 07
try e-gold. it has far less stressing requirements, especially if you on't own a credit car. paypal asks its members to verify by asking for a credit card. e-gold doesnt. anyhow, try both if you want, its free to join.
1 person likes this
• India
6 Feb 07
PAYPAL... IS BETTER, ALL SITES HAVE OPTION FOR PAYPAL, BUT E-GOLD, DOES NOT LINK-UP WITH ALL SITES, PAYPAL MODE IS EASY..!
1 person likes this
@Angelinka (1410)
• Italy
1 Feb 07
depends the country where are you from.e-gold is world wide,paypal not allow to open account to all countries..so you better check out the paypal and e-gold sites...i do have both accounts,but i cant use paypal..
@ankagar (1034)
• India
2 Feb 07
paypal is secure, but egold is fast
• India
3 Oct 07
for indians paypal is the best .chek whether in your country paypal is available or egold and accordingly ddecide. Paypal is highly secured and i have used only that so far..
• Pakistan
17 Feb 07
i am using egold and i will recomend all of my friends also egold. so which one are you deciding to sign up with
@chertsy (3798)
• United States
1 Feb 07
I would have to say paypal. I have had it forever it seems. I have heard of a lot of cases of people's egold accounts being hacked. You can have a credit card or a bank account to get paypal. Just takes about 2 days to get verified when they deposit 2 small and I mean small amounts into your checking or savings account. It was really easy to set up.
@rlshaw (871)
• United States
1 Feb 07
i have paypal and I have never had a problem with it.. I'm not sure how e-gold works.. :)
@amitksing (1323)
• India
1 Feb 07
Well, I dont know what to suggest you but I have gone for Paypal.
@taramoon (740)
• Spain
1 Feb 07
I always use paypal they are great and it's totall secure, good luck and welcome to mylot.com
• China
30 Jan 07
i dont but paypal will ask credit card and ask us to verify by creadit card if you one then it is easy for that
@malini4u (896)
• India
30 Jan 07
it depends on which place ur from???am from india...its better to go for payapl in india..wer ur from??