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1. e-gold is an online currency. It is backed by real gold stored in various places like dubai and switzerland. You can transfer e-gold to anyone anywhere in the world safely over the internet. The site is www.e-gold.com

2. You must have heard of www.paypal.com which is an online currency with real money using a credit card. In paypal you deposit money in your paypal account using your credit card. Then you transfer the money to someone else's paypal account from where he can withdraw money in his bank account.

However paypal is limited to only a few countries and for every transaction a large sum of money goes as commission especially big business transactions. This is where e-gold scores over paypal. It is valid in every country and charges a maximum of only 50 cents irrespective of how big the transaction is.

3. You have to open an account in www.e-gold.com which is free.
Now you can deposit money in your e-gold account in 3 ways:

a) Either you can transfer your money from your paypal to your e-gold account with the help of sites like www.anytrans.com

b) Or there are several online exchange centre which can deposit e-gold in your e-gold account

c) You also can fund your e-gold via wire transfer, western union or frpm other e-gold account.

4. Some of them are (gold exchange services)

www.moneybookers.com, www.stormpay.com and www.paybygold.com

A complete list of exchange centres all around the world can be obtained from www.golddirectory.com or www.e-gold.com

They will deposit gold in your e-gold account when you pay them the equivalent amount of the gold according to the current gold exchange rates.

5. Now with the e-gold in your account you can transfer the e-gold to any place in the world. Transfer takes place through the e-gold website. You can also deposit your e-gold in your moneybookers account and then either withdraw the e-gold by check, bank transfer worldwide in your own currency or transfer the e-gold to someone else's moneybookers account anywhere in the world.

6. The person whom you transfer the e-gold using moneybookers can then withdraw it into his bank account.
The exchange centres and moneybookers permit you to use bank transfer, international bank wire, money order, western union, local check etc.

7. But nowadays the main reason people are into e-gold is because there are many internet companies coming up which will pay you a high interest on your deposit in e-gold. Only some are RELIABLE COMPANIES.

8. The main use of e-gold is that it can be used to send money to any place in the world and buy products online.

9. Some get paid to surf and read e-mail programs are also paying via e-gold.

There are many reliable exchange services who buy and sell gold (from e-gold) and can quickly convert your gold to cash. Many others can be found at the E-Gold Official Directory. Below are the list of popular and reliable exchange services.

1) Stormpay