Category: LIBERTY RESERVE
Liberty Reserve is a Costa Recan company which allows its customers to send and recieve secure payments without revealing their account number and identities. Liberty Reserves (LRs) are also the name of the company’s electronic currency, which is backed by either U.S. dollars or by euros. Customers use an online exchange service to add or withdraw funds from their accounts -funds cannot be added or withdrawn directly from a customer’s bank account. It is also possible to convert other types of electronic currency into LRs. Transfer fees are 1% or $2.99, whichever is less. Liberty Reserve’s competitors include RBK Money, AlertPay and WebMoney. Entities that accept LRs include forex, shopping, finance, etc.
Liberty Reserve forex brokers provide their traders with an easy to use, fast and private way to deposit funds into a trading account as well as to withdraw the profit back from it. Liberty Reserve is popular among many non-U.S Forex traders and is highly secure and private. Some of the benefits of using a broker who accepts LR are that you can stay anonymous inside the payment system except for your broker, other thing is that it is highly secure and easy to use payment method. It is also a low commission payment method. Plenty of online businesses use this payment processor. It ha no limitations in your currency transaction and is the most widely used online transaction method on internet.