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As the Liberty Reserve payment system is developing intoa lot more popular, online surfers wonder what sort of e-currency is dealt with. In this posting, we shall make an effort toclarify this so that the procedures with thisLiberty Reserve exchange be pretty simple. To begin with, let's briefly describe the payment system. Liberty Reserve is really a payment system, or processor, founded in 2003 and is under the jurisdiction of Panama and nicaragua ,. The main currencies from the payment system are U.S. dollar, euro and gold. Why Liberty Reserve different from other payment processors is 100% payments irreversibility. That means, once you have sent the cash to anyone even in error, there will be no method of getting it back. Especially for this reason, you need to be very careful about choosing an exchange office for the LR-involving transactions. And the overwhelming popularity, Liberty Reserve was required to face the increasing number of fraud attempts. Before you send Liberty Reserve to one and other exchange office, please ensure it is listed on the payment system's website just as one official Liberty Reserve dealer (go to LRExchange.com). To prevent unpleasant experience while dealing with LR, please read some pointers we ready for you. Follow them, plus your money will continue secured. If Liberty Reserve to one and other exchange office, please makes it listed on the payment system's website being an official Liberty Reserve dealer (go on to LRExchange.com). Make sure the exchange office provides reliable real-time support to be able to contact them if you need help. Go ahead and ask them something before sending them money. If you're not satisfied with the communication, don't initiate any transactions. Poor customer care will cost you enough time and money. When sending money, pay attention to the note, or comment, you are required to attach. If your dealer demands that you just specify "charity purposes" or anything similar, don't transfer hardly any money! They are guaranteed to have fraudulent intentions! In the event you follow these simple rules, you'll always be protected against fraud. However, if you need to be absolutely guaranteed from risks and losses, use >Magnetic Exchange for your Liberty Reserve transactions. It offers moderate, industry-average fees and is as reliable being a bank since it is developed by a team of high-rated, widely acknowledged pros who have been focusing on e-currency exchange for over 3 years. To initiate an exchange transaction, find the conversion type about the front page (e.g. LR EUR to PM USD). Then form a request by specifying the facts of the sender and also the recipient. Next, read the request and pay. Once the funds are moved to the account of the exchange office, the service will, inside a manual or even an automatic mode, replenish the recipient's account. Exactly like that! We wish you good expertise in going throughLiberty Reserve!