e-Gold - What is it?
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. But the most popular e-metal (by a huge margin) is e-gold. e-Gold is integrated into an account based payment system that allows people to use gold as money. More 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. e-Gold is accounted by weight of metal, not $US or any other currency unit. Weight units have a precise, invariable, internationally recognised definition. Additionally, precious metals, in particular gold, have a long history of monetary use around the world. Therefore, e-gold is ideally suited for international transactions. We are an accredited Digital Gold Currency Exchange Provider. Find out more. » Related Topics: Currency Market | Digital Gold Currency | eMoney | Gold Bullion | Worldwide Currency |
e-gold is an electronic currency, issued by e-gold Ltd., 100% backed at all times by gold bullion in allocated storage.| About Us | What is eCurrency? | Member Benifits | Buy eCurrency | Sell eCurrency | Convert eCurrency | Debit-Card | F.A.Q. | Contact Us | Home |
