How to Transfer E-Gold to PayPal
Those who buy and sell online have different options when it comes to accepting or sending payments. PayPal is one of the more popular choices, but so, too, is E-Gold. E-Gold is frequently used as a payment method by websites that pay users to read email and take surveys. Working with an exchanger is one way to transfer E-Gold to PayPal.
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Instructions
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Find a website or dealer that offers a conversion of E-Gold to PayPal. The Money Maker Group forums offer some help for those who want a conversion, but you can also use websites like Plus Convert. These websites and dealers make most of their money from conversions.
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Read more details about the exchange process including the amount charged by the exchanger. Each exchanger charges a different fee, but you should expect to pay 2 percent to 10 percent of the total amount. For example, if you convert $100 E-Gold, you'll lose $2 to $10 on the service.
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Ensure that you're working with a reputable exchanger. Check the forums for feedback from people who used the service in the past, read the terms of service on the website and find out as much as possible before you make a deal.
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Send the details of your transaction to the exchanger, including the usernames you use with E-Gold and PayPal and the total amount you want to convert. Wait for the individual to contact you about when the exchange will happen before you send any money.
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Convert your E-Gold money into your PayPal account by transferring money to the exchanger. The exchanger takes its percentage and then sends the rest to your PayPal account. It may take several days before the money reaches your PayPal account.
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Tips & Warnings
Alternatively, E-Gold allows for the transfer of funds to your bank account. Simply transfer the funds to your bank account and then send the funds to your PayPal account. It takes longer to convert money this way, but it's also less risky.
Using an exchanger may violate the terms of service put forth by PayPal. If PayPal determines that you violated these terms, you may find your account suspended or terminated.
