Saturday, January 15, 2011

Exchangezone

About EZ
What is EZ? Exchange Zone (EZ) allows its members to exchange digital currencies directly with each other without any intermediary company.
Why people use EZ? EZ is a faster, a much cheaper (free) and a safer way to buy or sell digital currencies.
Really safer? Yes. You do not send your Liberty Reserve funds to the other user directly. You send it to our LR account (verified by Liberty Reserve: X112233). Once the other user pays you, you will authorize us to transfer your funds to him.

How to start
1. Register.
2. Place new offer.
3. Select the bid that you like from all the bids you received for your offer.
4. An exchange process will begin: the user with Liberty Reserve (userA for example)
    will transfer his fund to our intermediary account.
5. We will verify those funds and tell the other member (userB for example)
    to pay to the userA directly.
6. Once userA receives the funds from the userB we will transfer userA's
    Liberty Reserve funds that are stored in our intermediary account to userB.
7. Both users will rate and leave comments about each other so that others will know
    if they should exchange with you and the other member.




How EZ Works
You can place an offer, exchange and select the best bid. Or you can bid on other people's offers and if your bid is good they will select you. Once exchange between two members starts, the member with Liberty Reserve funds will be asked to send his funds to our escrow*. Once the other member transfers his funds to the user with LR, this user will authorize us to transfer his funds to that user.

*This user cannot get his funds back from the escrow once the exchange started unless the exchange is canceled before the other user sends his funds.



Fees
Our Fee: $0.00 (currently we do not charge anything).
Western Union fee: paid by the payer.
MoneyGram fee: paid by the payer.
Money Order/mailing fee: paid by the payer.
Bank Wire fee: paid by the payer.
Intermediary Bank Wire fee: paid by the payee.
Liberty Reserve fee: paid by the payee.
Webmoney fee: paid by the payer.
Pecunix fee: paid by the payer.
PayPal fee:
C-gold fee: paid by the payer.
AlertPay fee: paid by the payee.
MoneyBookers fee: paid by the payer.
Neteller fee: paid by the paye


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