How to transfer money from Paypal to eGold?
February 25, 2007 11:37pm CST
I have been seeing some e-Gold expert promoting this paying mathod to withdraw money from the net. I am now having some credit inside PayPal, which I cannot withdraw it through my local banks, due to the PayPal not supporting in my country. Is there a way that I can transfer the money in PayPal into e-Gold, that I could withdraw it?
1 person likes this
• Hong Kong
26 Feb 07
Actually, there is a lot of site which provide the exchange service of paypal to e-gold. But if you are going to exchange not a large amount of money, let's say, USD$10, you need to pay a large proportion of your paypal as fees, which is not worth to exchange with those site. In my opinion, you can open posts in some popular money making forum, and ask for someone to exchange with you, make sure that you will find some experienced members from those forums so that you will not be scammed.
27 Feb 07
Some exchanges are there but they charge 25% processing fee i.e. $100 paypal = $75 e-gold. If you want to convert $75 e-gold into actual $ then exchanges charge %2 - %5 processing fee i.e. $75- (4%)= $72. Now if you want ur money via bank wire, processing free $10 to $15 ($72 - $ 10 = $62) or via check, fee $3 - $5 ( $72 - $3 = $69. I don't think Paypal - e-gold is good idea?????????? If you are from India, don't take tension coz paypal send checks to India.
27 Feb 07
You cant do that. Paypal doesnt allow exchanges. Also to cash_money, try to read here: E-Gold, fund account, cash out, all about the gold backed payment processor http://www.mylot.com/w/discussions/722311.aspx E-Gold and Online Security Recommendations http://www.mylot.com/w/discussions/447072.aspx Online Security: How to keep your e-gold and other accounts safe? http://www.mylot.com/w/discussions/441238.aspx Online Security: Use Firefox NOT iexplorer to access e-gold and other accounts http://www.mylot.com/w/discussions/688769.aspx Use ROBOFORM to Protect Your E-Gold and Other Accounts? http://www.mylot.com/w/discussions/452266.aspx Easy way to check if an e-gold account is blocked or not http://www.mylot.com/w/discussions/807893.aspx