IncrementalGold-AlertPay approved exchanger???

greenghost · #1 07-27-2008, 05:48 AM

IncrementalGold which has a lot of bad reputation is now alertpay approved exchanger. I found this website from alertpay's top advertisement banner. I am still confused about this exchanger site.i need to exchange some AP,that is why i m more interested to know about this site.
please give your opinion whether this site is gud or bad.

and is this really safe place for exchanging our valuable money???

EgoldLovesMe · #2 07-27-2008, 08:45 AM

use another exchanger....incremental is a selective scammer

wwakawa · #3 07-27-2008, 11:35 AM

IG is scammer.

**ticktack** · #4 07-27-2008, 11:53 AM

Lowlife scammers, stay away from them.

**Tdinoz** · #5 07-27-2008, 11:55 AM

@ greenghost
I very much doubt it incrementalgold is not mentioned anywhere on the alertpay site. They don't link either

justaman · #6 07-28-2008, 12:08 PM

Quote:

Originally Posted by greenghost

IncrementalGold which has a lot of bad reputation is now alertpay approved exchanger. I found this website from alertpay's top advertisement banner. I am still confused about this exchanger site.i need to exchange some AP,that is why i m more interested to know about this site.
please give your opinion whether this site is gud or bad.

and is this really safe place for exchanging our valuable money???

I`ve never heard about them. But a lot of people here said that its a scam. So, be careful or stay away from them. Find another exchanger with good reputation and everything will be allright.

LookFwd · #7 07-29-2008, 06:21 PM

damn, i did not know about them as being a potential scammer. changed some yesterday. uhhh, will see how it goes..

nanaimogold · #8 07-30-2008, 01:25 AM

Quote:

Originally Posted by ticktack

Lowlife scammers, stay away from them.

That's news to me.

I believe they have been active for a relatively long time. Or maybe that's someone else with a similar name?

Thanks for the info.

To the OP, try to pick an exchanger in the same country you are in. If you can't do that, at least the same bank or cultural system.

The most expensive part of the trade is the moving of the national currency (fiat money). The closer to home you trade, the cheaper it will be. There are several reasons for this. Trading first between fiats costs. Bank wires btween systems are expensive. Fraud prevention is more difficult. Mail must pass customs. All this costs more money than the exchange fee.

If the exchanger is in your own country, you can also be more assured that he will deal fairly with you because you can take action if he does not. You can't phone the police in a foreign country and expect any action from them.

Most importantly, you must know that many criminals pretend to be trustworthy exchangers. You need to establish how long they have been operating and search for public complaints against them before deciding to pass them money. Be wary of imposters; those pretending to be a reputable trader by using a similar name. Google google google. Check TG forums an others like it for complaints or credible evidence of track record. When a scam exchanger is discovered, we make it public right here, so do check first.

Ideally we would have an exchanger in every city who could accept and pay out fiat in person. Until then we will have to work out ways to move the fiat money to and from the exchangers. Try to stay close to home.

**VorloN** · #9 07-30-2008, 06:19 AM

Used them once about 2 years ago. Took a while to exchange my funds. But in the end received it. Wouldn't call them scammers, but wouldn't recommend them either. There are much better exchangers out there. Why risk your money?

IMHO nanaimogold's posted some good advice (especially for the first time e-currency buyers).

**ticktack** · #10 07-30-2008, 08:39 AM

You must have had your head under a rock then..

The scam allegations go back to 2004 from several people, and theres 4 posts I made when they scammed me.

Do a search, I just did but I can't be bothered to repost the links but i did just ban the dormant incrementalgold username ;-)

Quote:

Originally Posted by nanaimogold

That's news to me.

I believe they have been active for a relatively long time. Or maybe that's someone else with a similar name?

Thanks for the info.

To the OP, try to pick an exchanger in the same country you are in. If you can't do that, at least the same bank or cultural system.

The most expensive part of the trade is the moving of the national currency (fiat money). The closer to home you trade, the cheaper it will be. There are several reasons for this. Trading first between fiats costs. Bank wires btween systems are expensive. Fraud prevention is more difficult. Mail must pass customs. All this costs more money than the exchange fee.

If the exchanger is in your own country, you can also be more assured that he will deal fairly with you because you can take action if he does not. You can't phone the police in a foreign country and expect any action from them.

Most importantly, you must know that many criminals pretend to be trustworthy exchangers. You need to establish how long they have been operating and search for public complaints against them before deciding to pass them money. Be wary of imposters; those pretending to be a reputable trader by using a similar name. Google google google. Check TG forums an others like it for complaints or credible evidence of track record. When a scam exchanger is discovered, we make it public right here, so do check first.

Ideally we would have an exchanger in every city who could accept and pay out fiat in person. Until then we will have to work out ways to move the fiat money to and from the exchangers. Try to stay close to home.