egold help

@oshawn31 (100)
Philippines
March 16, 2007 11:28am CST
how does it work? your payment go to your egold account and you buy gold. what do you do with the gold you have? can it be transferred to a bank account or be used to purchase online?
2 responses
@mvsrao (4367)
• India
16 Mar 07
E-gold works in a different way . it doesnt hold direct money hence cannot be transfered directly to a bank account . pls see the following links . these contain the details : http://www.e-gold.com/unsecure/contact.html http://en.wikipedia.org/wiki/E-gold
@oshawn31 (100)
• Philippines
17 Mar 07
so after you sell your gold then it can be transferred to a bank account or paypal?
@mvsrao (4367)
• India
17 Mar 07
^ after selling , the amount can be transfered . where you can transfer depends on the third party who buys the gold . it is actually an agent who buys and gives the money ...
• United States
16 Mar 07
Egold is an e-currency issued by e-gold Ltd. which is backed 100% by gold. e gold is based as an account payment system that uses gold. In order to fund your account you need to purchase gold through your currency. You can use egold wherever it is accepted as a payment method. For more information check out www.e-gold.com/unsecure/qanda.html.