Payment service provider Liberty Reserve gained vast popularity in August 2007. Initially Liberty Reserve was considered as a good solution for investment projects. The increase of Liberty popularity was backed by the decline of other payment system provider – e-gold that was a leading payment tool for highly risky investment programmes (HYIP). In July-August the owners of e-gold started to implement stricter rules for using their payment system in order to lift the accusation of money-laundering charged by USA government. Particularly it was expressed in the blocking of account access via public proxy and in suspending the accounts of the whole range of HYIPs. Thus looking for the alternative payment systems strengthened Liberty Reserve positions as a system that was the most appropriate for the requirements to «the ideal payment system» in this market segment.
- a) the account owners are fully anonymous;
- b) the transactions are irreversible;
- c) the system is not threatened by american justice.
Electronic payment system Liberty Reserve is 100% irreversible, fully anonymous payment system. Liberty reserve is registered and operated in Costa-Rica (offshore zone) under the legislation of this country that is especially underlined on the page with comparative description of Liberty Reserve and other popular electronic payment systems. According to the level of stability the bank and financial system of the country takes the second place worldwide after the Switzerland. Costa-Rica is not bound by the agreement of mutual legal aid with the USA that allows Liberty Reserve to be positioned as a convenient payment tool in the Internet. The laws of Costa-Rica where Liberty Reserve is registered allow working with gambling, investigate and other similar websites.
Liberty Reserve is simple and usual in use. The system operates through a usual web interface with traditional usage of https protocol. There are three kinds of accounts in the system: LR-USD, LR-EUR, LR-gold. The procedure of accepting payments is simplified to maximum. The main advantage of Liberty Reserve is the powerful account protection. It is gained due to the usage of unique in its way security and cryptographic protection technology. Your confidentiality and security are the highest priority. The system is focused on the support of safety, security and absolute confidentiality of your account in Liberty Reserve. You can also toggle API for accessing your account via Liberty Keeper software. The website of the system is completely in English that makes some inconveniences in using it.
Buying and selling Liberty Reserve in Ukraine and transfers inside the system
You can deposit and withdraw Liberty Reserve units via our service. UKRNETMONEY.COM is the official Liberty Reserve exchanger. You can read the detailed information about depositing and withdrawing on the rates page or inquire the operators. Transfer inside the system is possible only between the accounts of one and the same currency.
While receiving the funds inside the Liberty Reserve system the user is charged 1% fee (the fee inside the system doesn't exceed $2,99). This amount of money is written off the recipient account after the funds are received. You can see the amount received and the fee charged in the payment history. Sending the funds in Liberty Reserve is free of charge unlike the majority of other electronic payments systems.
The payments inside the system can be carried out both from the account in the PSP (on its website) or directly on the merchant website via payment gateway.Title: Deposit and withdraw funds from Perfect Money accounts (PM USD or EUR) via Western Union, Money Gram and bank transfer Description: If you want to buy Liberty Reserve (LR) or to withdraw funds from Liberty Reserve account you can send (or get) money via Western Union, Money Gram or Wire Transfer (bank transfer) in our exchange service. For every exchange first you need to make an order on our site. KeyWords: deposit, buy, sell, withdraw, perfect money, western union, bank, wire, money, transfer, exchanger, exchange, pm, usd, eur, buying, selling.