Updated PGX announcement regarding ‘Sell E-gold’ transactions




The latest PinoyGoldeXchange (PGX) announcement is that sell e-gold transactions are again put on hold while they try to unload their piling e-gold funds.

Here’s the actual announcement from the PGX site.

Last Edited: 1:00 AM 05/12/2007 SAT

SELL ORDERS NOT AVAILABLE
SELL orders are temporarily put on hold. We currently have a lot of e-gold on hand but have very limited exchangers to trade with. Pending orders will be completed before Tuesday evening. Priority will be given to orders that can be completed via online transfers. Thank you.

Std BUY e-gold maximum is currently set at $1000. Please use Premium Service if you wish to purchase e-gold above the maximum daily limit.



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Std SELL e-gold maximum is currently set at $0.

SELL RATE INCREASE *Sell Service on hold
Due to the current issues with e-gold, a number of major US and international exchangers have either raised their SELL rates or temporarily placed their operations on hold. These are the same exchangers PGX use to sell excess e-gold supply. To be able to continue accepting local SELL orders, we have temporarily raised the SELL e-gold fees to 5% . This seems to be the best option we can think of to compensate for the additional operating expenses. Thank you for your understanding and continuous patronage.

ORDER COMPLETION TIME FRAME
BUY- Up to 24 hours from time payment is VERIFIED.
SELL- - Up to midnight of the next banking day. (Tuesday May 15 due to queue )



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