C-Gold online payment system
Categories:
Electronic money, Merchant
153 systems total
gold bars, coins, ingots, etc.
All countries.
Business and Personal use.
c-gold is accounted by weight (G), not USD or any other National Currency unit. All fees are specified in grams (G) of gold, and are based on the weight of gold transferred or held.
| Transaction Fee Schedule | |||
| c-gold Transaction Fees are deducted from the recipient account upon receipt of the payment. | |||
| for c-gold Transactions... | |||
| >= | < | Formula | |
| 0.0004 (G) | 0.1 (G) | 5% + 0.0002 (G) | |
| 0.1 (G) | 0.5 (G) | 1.25% + 0.00375 (G) | |
| 0.5 (G) | 1 (G) | 0.01 (G) | |
| 1 (G) | 5 (G) | 1% | |
| 5 (G) | 0.05 (G) | ||
Note: the minimum transaction amount allowed in the c-gold system is 0.0004 (G).
| Storage Fee |
|---|
| The c-gold Storage Fee is the system equivalent of an account maintenance fee. Nominally it is 1% per year. It is deducted monthly, calculated as follows: Storage Fee = (Avg daily balance since last Storage Fee) x 0.01 x (Number of days since last Storage Fee) / 365 |
Posted on Jul 10, 02:07
I wonder if this systems has some advantages in comparing with E-gold?
