Safe - Secure - e-gold
Click on the logo above to open a free e-gold account
e-gold
e-gold is an electronic currency, issued by e-gold Ltd., a Nevis
corporation, 100% backed at all times by gold bullion in allocated
storage. Other e-metals are also issued: e-silver is 100% backed by
silver, e-platinum is 100% backed by platinum, and e-palladium is 100%
backed by palladium. However, the most popular e-metal (by an
overwhelming margin) is e-gold.
e-gold is integrated into an account based payment system that empowers
people to use gold as money. Specifically, the e-gold payment system
enables people to “spend” specified weights of gold to other e-gold
accounts. Only the ownership changes - the gold in the treasury grade
vault stays put. The concept of e-Gold is very similar to internet
banking but the money is backed by real gold bullion.
First launched in 1996, e-gold now has users in more than 165 countries
across the globe, and today there is currently over $30 million worth
of e-gold in circulation supporting an annual transaction volume
exceeding $1 billion (USD-equivalent) with over 45 million payments
having been settled so far
Security
e-gold being backed 100% by gold bullion makes buying e-gold like
buying gold, but easier, you can hold it as an investment or a hedge on
currency exchange and never worry about actually having to take
delivery of the physical gold. All trading functions are online and you
can create and maintain accounts, access your account to make payments
and review transaction history, check current exchange rates, e-gold
circulation and usage statistics.
e-gold is 100% backed by gold bullion held in recognized repositories
All transactions are on-line with access requiring account number,
passphrase, Turing number, and IP address confirmation. Transactions
are settled immediately, records are maintained on dedicated servers,
data integrity is highly controlled, and all hardware and software has
a strong back-up and continuity program.
e-gold is always as good as the gold it's backed with - this year, next
year, a thousand years from now. Pursuant to the e-gold Account User
Agreement, the physical bullion that comprises the value backing e-gold
must be insulated from physical, legal and political risks. Title is
held by The e-gold Bullion Reserve Special Purpose Trust that exists
solely for the express purpose of holding bullion for the exclusive
benefit of all e-gold account holders collectively. e-gold Ltd. offers
an unprecedented level of transparency.
Total e-gold in circulation vs. total bullion reserves are provided in
real-time via the e-gold Examiner accessible from the e-gold website.
e-gold is accounted by weight of metal, not US$ or any other national
currency unit. Weight units have a precise, invariable, internationally
recognized definition. Additionally, precious metals, gold in
particular, enjoy a long history of monetary use around the world.
Thus, e-gold is ideally suited for international transactions.
Marketplace
Today the market for goods and services sold across the Internet is
large and growing fast, e-gold can serve as an alternative payment
system solving the exchange problems associated with receiving or
making payments. As it is 100% backed by gold bullion e-gold is truly
global thereby minimizing the exchange risk while resolving the complex
demands of Internet payments. Some of the advantages of e-gold are, it
is able to provide immediate settlement worldwide 24/7, more and more
merchants are, Immediate payment no waiting for checks to clear or
credits to be made. - No chargebacks "Get paid, stay paid" unlike
credit card payments. - Secure, user friendly access to your account. -
Easy shopping cart interface anyone can accept e-gold on their web
site. - Low fees lower than credit cards or competing payment services.
- Buy or sell e-gold from/to the independent exchange service who best
meets your needs. - Available Worldwide the world's first truly global
payment option.
It costs nothing to open an e-gold account. There is no credit check.
There is no minimum balance requirement. There is no concept of a
"merchant account" in that all e-gold accounts may spend e-gold or
receive e-gold payments.
Links:
e-gold Home Page
e-gold e-gold Exchange Rates
e-gold e-gold Statistics
e-gold Open a e-gold Account - Free
