E-Gold has been on the market long enough and is considered a solid payment processor. It has been accepted and is being used by so many companies, money-making sites and even in auctions like Ebay.

Many people confuses E-Gold as a normal payment processor like moneybookers or paypal. Let me clear this doubt - E-Gold is not cash money, it is a system which uses metals (like gold,platinum,silver) as it’s medium of transaction.

So, you cannot withdraw your E-Gold from your E-Gold account to your local bank as real cash! No! If you request your E-Gold amounts, they will send you physical Gold!

This type of transaction is the strength of E-Gold.
So, the “uploading cash to your E-Gold account” is best termed as “buying E-Gold to your account“; and this is done by using Credit Cards! With E-Gold transaction are anonymous, but this also has its side effects..

- But Why then should you use E-Gold? -

=> From my personal experiences, I have seen that E-Gold is very useful to accept payments from paying sites or from occasional dealers who use E-Gold.
For me E-gold has been very handy in the sense that I received payments from various paying sites like:
1) MyLot Forum (Paid-To-Post)
2) Gold-Age Forum (Paid-To-Post)
3) Online Opening Forum (Paid-To-Post)
4) GP Treasure (Paid-To-Sign)
Also:
5) Google Adsense alternatives paying in E-Gold too:
i) Axill
ii) Neoffic

These additional payments (bonus) helps to buy domains or hosting or any other items occasionally..Like:
- Lunarpages Hosting Company - Click Here!

E-Gold supports instant payment and has a very straight forward donation link available to you.

Click Here to Join E-Gold!

- Exchangers - 

There exists many exchanges (websites where you can exchange  money from one type of  account to another, for example from E-gold to Moneybookers..etc. But since I have not yet tried these, I’m surely not in a good position to give some advice at this time.

=> Side Advice:
- Stay away from programs like HYIPs and the alike unless and until you gain much experience!

Click Here to Join E-Gold!

You would also like to have a look at my next post on ”Mo neybookers better than Paypal”

Technorati Tags: E-Gold, payment processor, HYIPs, money-making sites, auctions, Ebay, companies, paypal, moneybookers, gold, platinum, silver, transaction medium, bank, MyLot Forum, GoldAge Forum, GP Treasure, Google Adsense alternatives, Axill, Neoffic, donation, exchangers

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