Learn How To Profit From EGold and EBullion - Real International Currencies For Global Business by Altaf Sahibzada
2007-05-10
Can we compare E-Gold mode of Internet exchange transactions with PayPal based ones? E-Gold currency is completely backed by gold and provides the facilities of global transactions. On the other hand, PayPal is an e-mail based currency, linked with credit cards. So while E-Gold has 100 per cent backing of gold, PayPal uses plastic money like credit cards / debit cards.
Which one is better? PayPal provides the convenience of use, is used by over 100 million users and has full confidence of its members. On the other hand, E-Gold has a small international membership of about 3 million. One has to make outside trips to the bank etc. for enabling transactions in E-Gold.
E-Gold has the major benefit of global acceptability which is not the case with PaPal. PayPal fees are much higher than E-Gold. E-Gold currency has many benefits from the point of view of international investment. For example, with an E-Gold account one can invest with Please-invest.
Basically, E-Gold provides the facility of international availability and increased investment. One can buy and sell E-Gold in any part of the world, thus increasing the opportunities of investment. E-Gold has also low transaction fees. For smaller amounts, E-Gold is the best. For example, on a transaction of $1, while PayPal fees will be about 33 cents, the same will be 5 cents with E-Gold
Which service to use, depends upon individual requirements and preferences.
Like, E-Gold, E-Bullion is another company providing international electronic currency and is 100% backed by gold and silver and other precious metals. It offers instant and non-clearing transactions. e-Bullion is considered to be the true global currency for a global world economy.
eBullion is also said to be the currency of future. Like eGold, main benefit of eBullion lies in this that it is also fully backed by precious metals. That way, it is secure. eBullion is accepted as a form of payment throughout the world. This makes it very important for the growth of international commerce.
e-Bullion is a registered legal corporate entity of the Republic of Panama in Central America. It is governed by GOLDFINGER BULLION RESERVE CORPORATION (GBRC), Delaware USA.
One can use either E-Gold or E-Bullion for international commerce. Both offer various features for facilitating electronic gold or electronic bullion related transactions. Main features of both these systems are international online payments, real time transfers and low fees. E-Bullion looks like to be having a more easy interface.
E-Bullion can also be used for investing purposes at Please-invest. Please-invest accepts at least one of the two accounts of E-Gold and E-Bullion. One can start with small investments and then build up from there.
