Comments on Liberty Reserve

**mr.microsoft** · 15-05-08, 09:01

I think another reason they dont use LR must be due to the minimum requirement of the exchange sites to transfer funds to LR must be high.

**alec11** · 15-05-08, 09:29

Originally Posted by mr.microsoft

I think another reason they dont use LR must be due to the minimum requirement of the exchange sites to transfer funds to LR must be high.

yeah, i dont know why exchange site now put higher rates on LR nowadays.
and i see someone pay $2 in paypal for $1 LR.
LR is not too popular in my country, so i refuse to use LR as my main payment processor.

**moustafa** · 16-05-08, 01:35

LR is very safe payment processor so its true that it should have the highest rates in exchanging services .

**artagnan1978** · 22-08-08, 11:33

LR is kind of new for me, as I am a relatively new user, but so far I like it.

It seems to be a safe and secure payment processor with lots of features.

It was necessary for me to open an account at LR as some sites that I received payment from used LR as their payment method.

I will try to withdraw my money when a larger amount of money is gathered.

**moustafa** · 22-08-08, 17:50

do you know legit exchanger to help you in that issue ?

**artagnan1978** · 23-08-08, 10:56

Originally Posted by moustafa

do you know legit exchanger to help you in that issue ?

Nope. I do not know a single legit exchanger yet. Since so far I was not involved in any exchange transactions yet.

I thought that I will be ask around when I want to exchange the money from my LR account.

I would prefer when the time comes, to exchange LR to paypal.

Do you know some legit and trustful exchanger?

**moustafa** · 23-08-08, 15:57

Originally Posted by artagnan1978

Originally Posted by moustafa

do you know legit exchanger to help you in that issue ?

Nope. I do not know a single legit exchanger yet. Since so far I was not involved in any exchange transactions yet.

I thought that I will be ask around when I want to exchange the money from my LR account.

I would prefer when the time comes, to exchange LR to paypal.

Do you know some legit and trustful exchanger?

then i can help you for that deal .
because i don't want to have much paypal .

**artagnan1978** · 23-08-08, 20:10

Originally Posted by moustafa

then i can help you for that deal .
because i don't want to have much paypal .

Thank you very much moustafa. I have noted down this information.

As soon as it is the case, I will contact you for the exchange.

**moustafa** · 23-08-08, 23:23

Originally Posted by artagnan1978

Originally Posted by moustafa

then i can help you for that deal .
because i don't want to have much paypal .

Thank you very much moustafa. I have noted down this information.

As soon as it is the case, I will contact you for the exchange.

You are always welcomed Izabella .

I hope to find legit exchangers too to exchange LR to cash .

**indieover** · 21-09-08, 15:01

i am selling my LR too. cause i don't know how to withdraw LR. if you want you can buy my LR.

**moustafa** · 21-09-08, 21:19

Okay, let me know how much you want to sell, which e-currency do you need & your rate ?

**ammarmemon** · 29-09-08, 23:34

I also think that LR is the best payment processor to send and recieve online payments,all other e-currencies have lost their value just like e-bullion,e-gold,altergold e.t.c but LR is stable.one thing more that it is super secure and ur money is really safe there,its not like e-gold that anyone can hack ur account and stole ur money.

**moustafa** · 11-10-08, 08:08

Don't be sure that it can't be hacked .
it also can be hacked but lets say the chances of hacking are less than those in case of e-gold or other processors .

**nash_avi** · 19-11-08, 05:31

Originally Posted by paramita0101

Ok.. i am going to start this with my own comment.
I really like LR. Their security for logging in is superb. I just wish that it would last for a long time.. Or they can update it regularly.
A also like their referral program where you can only receive $.25 for every referrals if you have $10 minimum in your account.. It only means and one proof that they are not going to scam you.
Well, that is only my opinion about LR. How about yours? Care to share it?

the security is very good but i have a question that how can we transfer the money from liberty reserve to our bank account and what should be the minimum balance for the transfer?

**smartzkool** · 19-11-08, 19:40

Originally Posted by nash_avi

the security is very good but i have a question that how can we transfer the money from liberty reserve to our bank account and what should be the minimum balance for the transfer?

I don't think that we can transfer, that is why I converted it to PayPal and then transferred from PayPal. I got a good rate for conversion. $1.10 PP for $1 LR

**nash_avi** · 21-11-08, 01:41

well the transfer rates are good but still i am not able to transfer the money from the LR account to the Paypal account.please can you explain me this in detail.

**smartzkool** · 21-11-08, 05:54

Originally Posted by nash_avi

well the transfer rates are good but still i am not able to transfer the money from the LR account to the Paypal account.please can you explain me this in detail.

How much do you have in LR which you want it to get transferred in PP?

According to your requirements, I will contact a online person, with whom I convert...

**nash_avi** · 30-11-08, 11:21

well i thought that we couldn't transfer our money to paypal from LR.thanks for the info.but i could not understand the conversion rate.is it that they paid you $1.10 PP for $1 in LR?

**ravitejag** · 30-11-08, 18:26

Originally Posted by nash_avi

well i thought that we couldn't transfer our money to paypal from LR.thanks for the info.but i could not understand the conversion rate.is it that they paid you $1.10 PP for $1 in LR?

The value of LR is simply greater than Paypal ... Like the value of Euro is greater than Dollar it is similar to that ...
One is required to pay huge amount of fee in order to transfer funds from LR to banks making it a costlier currency than PP ... that is why you get extra PP if you sell LR

**artagnan1978** · 30-11-08, 19:09

Originally Posted by ravitejag

The value of LR is simply greater than Paypal ... Like the value of Euro is greater than Dollar it is similar to that ...
One is required to pay huge amount of fee in order to transfer funds from LR to banks making it a costlier currency than PP ... that is why you get extra PP if you sell LR

So, basically you mean that it cost you more to withdraw your money from an LR account than from a PP account?

I know that PP has a 2$ fee to transfer the money to your bank account via a credit card...

How much is the at LR to withdraw your money...

Still don't understand why is LR more valuable than PP :?