liberty reserve - www.libertyreserve.com

**wasi90lk** · 04-11-2012, 08:16 PM

www.libertyreserve.com

liberty reserve is a very good e-currency, that is widely accepted by hyip sites. liberty reserve's biggest features probably are its low fee and no chargeback policy.

what do you think about liberty reserve?

**Sixteen** · 04-16-2012, 04:48 PM

Well i use libertyreserve as my number one processor, the security it tends to give users makes it more interesting. The accept all countries and one can create up an account in a matter of minutes without going on any verification process. LR is really a nice processor indeed.

**f2launch** · 04-17-2012, 10:04 AM

I think Liberty Reserve's biggest features are being available for all countries, easy to create and we are allowed to use more than one account. Also, the fact that we do not have to verify our accounts to use all functions. It means we do not have to disclose our bank and/or credit cards information or any other information needed to verify our accounts. Those things make more individuals and sites prefer to use Liberty Reserve.

**wasi90lk** · 04-18-2012, 03:59 PM

the biggest disadvantage of using liberty reserve is that, all transactions are irreversible. which means, if you pay the wrong person you can not get your money back.

**sindarin** · 04-19-2012, 12:07 AM

@wasi: and with that disadvantages, many scammer admin use them in HYIP, that surely will make them easily scamming the members with this payment processors, but overall they are still used because they acceptable in many countries

**f2launch** · 04-19-2012, 01:27 AM

The fact that all transaction are irreversible could be one of the disadvantages, but I think that is also what makes many people prefer to use Liberty Reserve, albeit for scamming purposes lol.
Why do we have to contact them if we want to change our email addresses, though? I know it is part of their extra security measures, but why?

**sindarin** · 04-19-2012, 02:24 AM

change our email address? i think we can change it easily in our account, but actually i never used that feature before, overall even the transaction is irreversible but if i want to exchange them into my bank account, i only need about 15 minutes

**f2launch** · 04-19-2012, 02:42 AM

No, we cannot. I know that because I wanted to change it, but I could not find any option on my account to do it. So, I checked the FAQ and found out that we have to email their Support and provide some info to be able to change it. Why is that? In other payment processor I use, I can simply add and remove email address and verify them and that does not mean it is not insecure, right?

**sindarin** · 04-19-2012, 02:50 AM

Originally Posted by f2launch

No, we cannot. I know that because I wanted to change it, but I could not find any option on my account to do it. So, I checked the FAQ and found out that we have to email their Support and provide some info to be able to change it. Why is that? In other payment processor I use, I can simply add and remove email address and verify them and that does not mean it is not insecure, right?

hm so we must contact them, i think they did this one for the security purpose, since we know many people could be use this payment processors to do fraud just like many HYIP admin site do.

**f2launch** · 04-19-2012, 03:16 AM

But it will not prevent the scammers to use them to scam people. If they want to scam people, they just have to make new Liberty Reserve accounts. Why bother changing their email addresses? By making new Liberty Reserve accounts which only needs new email address, they can erase all traces lead to them.
Meanwhile, being able to change our email addresses easily could add more security to some extent. For instance, if we lose access to our email address we used to register our Liberty Reserve account.