How to fulfill Liberty Reserve conversion quick and safely

As the Liberty Reserve payment method is turning out to be much more and much more well-liked, customers wonder how the e-currency is bought and sold. In this post, we will attempt to clarify this so that the procedures of the Liberty Reserve exchange be as simple as feasible.

To begin with, let's briefly describe the payment method. Liberty Reserve is a payment method, or processor, founded in 2003 and is below the jurisdiction of Costa Rica. The primary currencies of the payment method are U.S. dollar, euro and gold. What tends to make Liberty Reserve various from other payment processors is 100% payments irreversibility. That indicates, as soon as you have sent the cash to anybody even by mistake, there will be no way to get it back.

Particularly for this cause, 1 ought to be extremely careful about selecting an exchange office for the LR-involving transactions. Alongside with the overwhelming popularity, Liberty Reserve had to face the growing number of fraud attempts.

To steer clear of unpleasant encounter whilst dealing with LR, please read some suggestions we prepared for you. Comply with them, and your cash will continue to be secured.

one. Just before you send Liberty Reserve to 1 or yet another exchange office, please make positive it is listed on the payment system's site as an official Liberty Reserve dealer (proceed to libertyreserve.com/en/exchangers).

two. Spare a minute to read some evaluations on the Net about the exchange office you are about to use. If you locate either no evaluations or a great deal of damaging ones, refrain from dealing with the exchanger.

three. If a dealer gives unbelievably favorable exchange prices, it may well be a negative sign as effectively. It is clear that exchange offices and trade platforms are developed not to act as a charity but to produce income. So, to be on the protected side, steer clear of dealing with individuals who gives you the e-currency for half the value. You may well not be capable to get the cash back.

four. Make positive the exchange office gives trustworthy genuine-time help so that you can make contact with them every time you want aid. Truly feel free of charge to request them a query just before sending them cash. If you are not pleased with the communication, never initiate any transactions. Poor client services will expense you significantly time and cash.

five. When sending cash, pay out interest to the note, or comment, you are asked to attach. If the dealer demands that you specify "charity purposes" or anything at all equivalent, do not transfer any cash! They are positive to have fraudulent intentions!

six. When paying out, please pay out interest to the sort of the recipient's account. If it starts with U, not X, mindful that the account proprietor has not been verified by the Liberty Reserve administration.

If you comply with these straightforward guidelines, you will often be protected against fraud. Nonetheless, if you want to be totally assured from dangers and losses, use >Magnetic Exchange for your Liberty Reserve transactions. It gives moderate, market-common costs and is as trustworthy as a financial institution since it is produced by a group of substantial-rated, broadly acknowledged specialists who have been specializing in e-currency exchange for much more than three years.

To initiate an exchange transaction, pick the conversion sort on the front web page (e.g. LR EUR  to   Perfect Money ). Then kind a request by specifying the specifics of the sender and the recipient. Following, verify the request and pay out. As quickly as the funds are transferred to the account of the exchange office, the services will, in a manual or an automated mode, replenish the recipient's account. Just like that!

We want you excellent encounter in dealing with Liberty Reserve !