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WebMoney Gold<br />
<strong>Webmoney</strong>’s<br />
Newest<br />
purse<br />
WebMoney Gold<br />
(WMG)<br />
In July of 2007 <strong>Webmoney</strong> <strong>Transfer</strong><br />
launched a new type of purse called<br />
<strong>Webmoney</strong> Gold. The purse initials are<br />
WMG.<br />
This new purse is an exciting method of<br />
making internet payments with a digital<br />
payment system backed by gold bullion.<br />
Purse value in the WMG system is<br />
denominated by weight and backed by<br />
pure gold (.995) locked away in a secure<br />
vault. Transactions in the new purse are<br />
similar to other digital gold currencies like<br />
GoldMoney, e-gold and Crowne Gold.<br />
Although the biggest difference with WMG<br />
is that it operates on the existing successful<br />
<strong>Webmoney</strong> platform.<br />
The methods of funding this purse are also<br />
similar. WebMoney Gold purchase can be<br />
purchased by using a bank wire through the<br />
services of metdeal.com. This agent is the<br />
principal dealer for WMG and is a registered<br />
company in the United Arab Emirates (UAE).<br />
Metdeal.com is licensed for the purchase and<br />
sale of precious metals (Gold). In order to<br />
become an independent registered exchange<br />
agent dealing in WMG, you will also have to<br />
become a MetDeal Partner, which requires<br />
some WM Passport verification paperwork and<br />
your signature on their contract. Metdeal.com<br />
has just a $1,000 USD minimum purchase.<br />
WM Metals FZE, which is also incorporate<br />
and based in the United Arab Emirates, acts<br />
as guarantor for WM Gold. They are also<br />
the certified company which guarantees<br />
the gold bullion’s safety. Gold storage and<br />
transportation is carried out by licensed<br />
depositories following international rules<br />
and standards. Metdeal FZE undertakes a<br />
required annual financial audit. The MetDeal<br />
web site is available in both Russian and<br />
English.<br />
Actual delivery of gold bullion in favor of<br />
WMG digital units can be arranged by<br />
simply requesting gold delivery and following<br />
the instructions on the web site. Certain<br />
restrictions and fees may apply.