I wanted to know the procedure of payment in e gold. People say that money in our account will be deposited in gold. Accordingly our money will be evaluated. If this is so, then if gold prices increases, so will i also get more money in my account? Is this true?
yes, it's true but don't rush into E-Gold. EG owner has been jailed of stealing money from EG accounts. He's got a fine of ~500K or 5mill (can't remember, sorry) and jailed. So, EG is not really reliable at the moment.
And as you can see from e-currency exchange services,E-gold is outcasted now.It has almost incredible rates in range of %30-50 with other currencies.The reason is simple,E-Gold is blocking so many accounts lately , legal or not.
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