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Getting money out of LR - Where should I move it? |
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08-19-2012, 05:08 PM
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Newbie Amateur
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Join Date: Aug 2012
Posts: 13
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Getting money out of LR - Where should I move it?
Like everyone else I'm freaking out. LR is dead. They're probably going to be closed in a few days at this rate.
What if LR freezes my account? I can't afford to lose the money I have in there. What are my alternatives? Where can I put it?
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 05:11 PM
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Amateur Investor
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Join Date: Jul 2005
Posts: 36
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Re: Getting money out of LR - Where should I move it?
You have a few options, some being better than others.
HD-Money - HDM is almost identical to LR in terms of their fee structure, as well as their "get paid, stay paid" policies. Transactions cannot be reversed. If you are looking for a comparable alternative, I would recommend HDM.
EgoPay - If you're looking to pay ridiculous exchange fees, this is the way to go. While you may actually earn a bit when you transfer your funds to Egopay, you're looking at 10-60% fees to get it out. On top of that, its owned by Alertpay/Payza, which doesn't exactly have the best reputation when it comes to freezing accounts. I would feel safer with my money in LR.
Withdraw it - If you're concerned with losing the funds, why don't you just withdraw it. The safest place is cash in your pocket, or money in the bank.
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 05:14 PM
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"Talkgold's Best" Club
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Join Date: Apr 2003
Posts: 4,961
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Re: Getting money out of LR - Where should I move it?
Quote:
Originally Posted by Rickster
EgoPay - If you're looking to pay ridiculous exchange fees, this is the way to go. While you may actually earn a bit when you transfer your funds to Egopay, you're looking at 10-60% fees to get it out. On top of that, its owned by Alertpay/Payza, which doesn't exactly have the best reputation when it comes to freezing accounts. I would feel safer with my money in LR.
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Agreed. EgoPay out-exchange fees range from 9% to 66% and their support is about as worthless as that of LR's live chat.
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 05:21 PM
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Newbie Amateur
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Join Date: Aug 2012
Posts: 13
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Re: Getting money out of LR - Where should I move it?
Quote:
Originally Posted by Patryn
Agreed. EgoPay out-exchange fees range from 9% to 66% and their support is about as worthless as that of LR's live chat.
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What about HD-Money Support?
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 05:21 PM
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Amateur Investor
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Join Date: Aug 2009
Location: UK
Posts: 94
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Re: Getting money out of LR - Where should I move it?
the phone number on egopay web site is a VOIP phone number, not real London local phone number.
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 09:06 PM
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Super Moderator
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Join Date: Aug 2005
Location: Nanaimo, Canada
Posts: 3,015
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Re: Getting money out of LR - Where should I move it?
I wonder how many times this has to happen before people wake up to the truth that the national governments are owned by the international lenders.
HD-Money is like LR, but refreshingly different in that one way.
And their support is good too.
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 10:51 PM
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"Talkgold's Best" Club
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Join Date: Apr 2005
Posts: 5,897
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Re: Getting money out of LR - Where should I move it?
i keep money in bank Temporary.
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Re: Getting money out of LR - Where should I move it? |
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08-19-2012, 11:46 PM
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Amateur Investor
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Join Date: Apr 2009
Posts: 102
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Re: Getting money out of LR - Where should I move it?
Quote:
Originally Posted by Rickster
You have a few options, some being better than others.
HD-Money - HDM is almost identical to LR in terms of their fee structure, as well as their "get paid, stay paid" policies. Transactions cannot be reversed. If you are looking for a comparable alternative, I would recommend HDM.
EgoPay - If you're looking to pay ridiculous exchange fees, this is the way to go. While you may actually earn a bit when you transfer your funds to Egopay, you're looking at 10-60% fees to get it out. On top of that, its owned by Alertpay/Payza, which doesn't exactly have the best reputation when it comes to freezing accounts. I would feel safer with my money in LR.
Withdraw it - If you're concerned with losing the funds, why don't you just withdraw it. The safest place is cash in your pocket, or money in the bank.
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yeap. HDM and Sensipay are the best for now.
LR is working fine too.just keep your details accurate and you won't have any problem
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Re: Getting money out of LR - Where should I move it? |
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08-20-2012, 09:27 AM
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Banned
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Join Date: Dec 2003
Posts: 655
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Re: Getting money out of LR - Where should I move it?
Quote:
Originally Posted by mayax
yeap. HDM and Sensipay are the best for now.
LR is working fine too.just keep your details accurate and you won't have any problem
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Just heard Sensipay and you said is the best ? Even never used HDM, isn't HDM have problem in the past
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Re: Getting money out of LR - Where should I move it? |
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08-20-2012, 07:07 PM
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Amateur Investor
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Join Date: Apr 2009
Posts: 102
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Re: Getting money out of LR - Where should I move it?
Quote:
Originally Posted by prohostfirm
Just heard Sensipay and you said is the best ? Even never used HDM, isn't HDM have problem in the past
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I used sensipay and hdm and no problem.
sensipay is new but i rather trust them than PM or OkPay. 
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