Skip to main content

LibertyReserve & Scandals

!!!Liberty Reserve is Facing Scandal, So it has been closed till unknown date.!!!

What is Liberty Reserve and Actual Reason behind the closing of Liberty Reserve
What is Liberty Reserve and Actual Reason behind the closing of Liberty Reserve
Welcome to Online Earning without Investment tips. We were continuously discussing high yield and micro surfers programs. All of them were having Liberty Reserve as their major Payment Processor. The Liberty Reserve was popular in online earning programs like Paid to click, hyips, freelancers, Forex firms, Auto and manual surfers. All of their popularity was just because of their services and other things that we are going to discuss them in brief.

API system

They were having an amazing api system. It was too much easier for users as well as merchants to receive and send payments online

Best Support

They were having best support of all times. Users were responded very fast. Users do not have to wait for their reply because they reply on email address of the users. User do not have to stay online just for reply of them.

Instant Payments:

All of their payments were instant. The payment was just game of one to two clicks. You do not had to provide your documents at the time of Payment as you had to in OKPAY.
They were the payment processor with high security as follow

IP security

If you tried to use some other IP or you logged in through other one’s pc then they will send you verification SMS or email according to the medium as you had chosen in the settings tab.

Pin Security:

Like PayPal they demand for the pin at the time of transaction. If you do not have then you do not will be able to use their services for the account

Inactive log out

 If some member remained inactive for fifteen minute then they will log out for sure. As a result you have to log in again and again.

Master key

This was another key than pin key. You have to provide the key at the time of logging or changing settings like changing password or email or any other setting like auto payments or manual payments. etc.

Confirmation

 At the time of payment they send the confirmation SMS or email contains a unique code. You won’t be able to transfer money until you provide them with the code specified in the email. That code will be unique for Email.

Invoice/receipt

They send a report of every transfer at your email and cellphone via SMS. For SMS reports you have to tick the option of SMS in the setting tab. (They may charge you for that but that will not be too much.)

Referral Program:

They were having a referral program also. If you do not have any source of funding payment processor then you can deposit money for free to Liberty Reserve with this program. You just have to refer friends and you will receive payments for every transfer or deposit.

How to deposit money in Liberty Reserve?

There were three methods to deposit money in Liberty Reserve account of you.
•    Via Friends: If you have some trusted friend and family member then you can buy liberty Reserve money from him /her. This is best method to have money without paying any fees.
•    Payments: if you are part of any online program then you can choose Liberty Reserve as your default payment Processor. This is better than buying.
•    Forex Firms:  This is good option to exchange money from your Wallets. If you are interested then here are some trusted Forex Firms
•    Online Money Exchangers: If you do not have above sources then you can use that one. I do not trust them. I will not suggest you also. But you can use some online exchangers listed on their website.
•    Liberty Reserve Credit Card: liberty reserve also grants you with their credit card.

How to withdraw Money from Liberty Reserve:

All the methods to withdraw money are similar as I mentioned above.
•    Sell to your friends: You can sell your liberty reserve money to your friends in exchange of some local currency. There can be many local guys that can exchange money for you
•    Forex Firms: You can invest your money in Forex firms and can get into their banks, credit cards or E-Wallets with zero fee.
•    Money Exchangers: You can withdraw money from exchangers also. Trusted programs can be seen on the official Site of Liberty Reserve.
•    Liberty Reserve Credit Card: The Card is also good for withdrawing money from them

 Liberty Scandal:

Liberty Reserve owner was committed in Money laundering. All of his assets were frozen and now he has been arrested and site has been shut down by the FBI. All the users are unable to take their money back. Some of the trusted programs got scammed due to this unexpected scandal. Many Programs stopped to pay users. Some programs reduced the rates and some programs delayed the payments for long periods. Many sites lost visitors and some users lost websites.
A huge amount of online users and online earners left internet forever and many sites failed to pay their hosting and domain expenses. Now there are only few question from innocent peoples that
•    Will they get their Money back?
    I don't think so, i have never seen such program that has faced any scandal and has returned. They earn more in scandals then why they should come back and lose all they have earned
•    If the owners of Liberty Reserve are responsible then the innocent users of that program are also responsible.
No Users are not respnsible but may be inquiries can take to the bad people but there are less chances of such things.
•    Will their losses will be claimed?
When the administrator is in the jail then who will claim those. When he will be released then it will be too late to claim. People will forget it totally.
•    They would be granted interest
No. When they have not mentioned any interest in their terms so forget them.
•    Will they will be rewarded with the rate of Dollar and euro at the time of shutting down of the program.
In above all points there is answer of this confusion.We highly recommend you that you do not Invest or deposit any money In Liberty Reserve because there are minimal chances of Liberty Reserve’s comeback. I will say zero chances. I have never experienced that any scam program returned. No need to see back, Just move to another program and another Payment with high reputation.

Comments

Popular posts from this blog

Earn money by advertising on Vehicles(Cars)

Hi friends, in last of my post i have told you of earning money on roads . Many people are doing that but some of them are still hesitating. One of my friend mailed me that he also wants to earn money with such method but do not want to earn on roads. My friend is not only one but there are many people who want to earn with such methods. I asked my friend of his favorite hobby. He told me of car driving. I tried to hit upon an idea but no suitable idea was in my mind. After few days, I visited Pakistan. Elections were going on. I have noticed people were getting paid for advertising on their vehicles. I visited many govt, private organizations, NGOs, public schools, colleges, cellular companies and all others. All the companies were paying people for advertising. It helps them to promote their cause in almost all the areas, whether they are not allowed to enter. This is not happening only in Pakistan but all the globe. If you want to earn then you have to find your sources yoursel...

Earn Money By Writing On Expertscolumn

 Why People Prefer to Write Online? Earning From Writing is most searched query on all popular search engines and off-course the internet.. Because people prefer to write online rather than learning any complicated language. It not only help them economically but this develops their writing skills. I also think writing online is better than chatting on social networks like Facebook & Twitter. What They Find? As Google and other search engine indexes sites which focus on seo .  So people are directed to sites which requires investment or sites which do not pay after work. Some of them are good but they focus on quality and usually a new writer can not meet the criteria mentioned by the site owners , admins and moderators. But it does not mean you can not earn money by writing without investment. Expertscolumn   Signup In my post of  Pageview Earnings , Expertscolumn is a freelancing site where members earn money by writing articles o...

What are the Online Surveys

Earn Money Online By Taking Surveys The most favorite programs of any online money maker cannot be other than the surveys. Surveys are the favorite because of less complexion and big rewards for less efforts and expanding. In this article we are going to discuss this in brief. What are the Surveys All of use many services like banking and we also deal with many people whether we are shopping. All of those people do this for their favor and we choose all because we love something and we stop to make deals because we do not like any single thing. Sometimes the other party manage to know the exact reason but sometimes they are failed to do so. When you go to any ATM machine to withdraw online earnings or the cash you need. Now a days ATM machines are has more functions just like transferring money and other things. The people from every class moves to the ATM so the authorities tries to provide better support and customer care services. If you notice the environment, you will see ...