Features of iGolder

iGolder has numerous unique features to make online transactions safe and easy.

  • Safetransit™.  The Safetransit tool protects both the buyer and seller, by holding the gold during the lifetime of the transaction.
  • Partial Refunds.  You may issue as many partial refunds as you wish.  We also refund the transaction fee at pro rata.
  • Stop Payment.  You may stop a payment in Safetransit to protect yourself from non-shipment or misrepresentation of merchandise.
  • Clear Payment.  Release the gold in Safetransit so the recipient may spend the gold.
  • Submit Proposal.  You may submit proposals to your trade partner, such as suggesting a different amount or changing the Safetransit time.
  • Private Messaging.  Our secure private messaging system allows our members to communicate amongst themselves without disclosing their email addresses.
  • PGP Email Encryption.  iGolder offers built-in PGP encryption to protect your email privacy.
  • Aliases.  You may do business under an alias or nick name without disclosing your email address, thus protecting you from spam and hackers.
  • Dispute Resolutions.  iGolder provides a mechanism to fairly resolve disputes and resume business operations.
  • Demerit Points.  A dishonest member may earn a demerit point which increases all his transaction fees for a period of 6 months.
  • Member Reputation.  After a trade, both the buyer and seller may rate each other and optionally leave a feedback comment.
  • Adaptive Fees.  The longer you are a member and the more transactions you make, the lower are your fees.
  • State-of-the-art Security.  iGolder uses advanced security technology to protect your account from unauthorized access.
  • Automation and Shopping Cart Interface.  You may automate repetitive tasks to save time while reducing risks of costly human error.
  • Sub-Accounts.  You may operate multiple businesses under your account.
  • Gold Redemption.  Members may redeem their electronic gold into physical gold bullion.
  • Multiple Currencies.  iGolder displays gold amount in fiat currencies.
  • Calculator.  Built-in calculator to send a payment in a fiat amount according to the currency market exchange rate (try the calculator below).
Exchange Rate Calculator: gr

 

 

 

Since August 1st, 2013 iGolder is no longer accepting new accounts and balances can only be redeemed. During the past years, we have been recommending Bitcoin more than our own payment system. We believe in physical gold ownership, and developed iGolder as a mechanism for people to acquire physical gold by trading with one another.

Since iGolder has a central point of failure (our server may be raided by thugs wearing some kind of uniform), we feet it is safer for us to cease operations. The iGolder experiment has been personally rewarding as we met many gold enthusiasts and also learned about Bitcoin in the process. For those who have no idea what Bitcoin is, we recommend doing your own research. Bitcoin is far superior to iGolder in every way, both in privacy and security as our server is always vulnerable to confiscation. Bitcoin is a communication protocol with a built-in "escrow service" capable of protecting both the buyer and the seller, rendering our Safetransit completely redundant. To learn more about the Bitcoin protocol and its feature, please watch "http://www.youtube.com/watch?v=mD4L7xDNCmA (Bitcoin 2012 London: Mike Hearn).

For those having gold in their iGolder account, we will ship the physical metal to anyone having more than 1 ounce of gold, assuming the owner is willing to assume the shipping costs. For smaller quantities, we offer to settle in Bitcoin, however we will also settle with any other reasonable payment system. We will give everyone at least two full years (until 2016) to contact us to claim their gold. After that period, any unclaimed gold will go to fund an economic development project in Honduras helping local people to become entrepreneurs.

We sincerely wish you the best in life and hope to keep in contact with you.

Yours in liberty,
The iGolder Team.


Update 2014: Since we announced we no longer accept gold transfers, we have received countless emails asking to keep the free gold charts and the PGP encryption tools. We plan to keep running the domain iGolder.com for both the gold charts and the encryption tools. Better, we are developing state of the art open-source software for a secure decentralized social network with a built-in wallet. We will announce when we have a product ready for use. Stay tuned!