New Local Exchanger

Just a quick update here. Looks like there's another new kid on the block.

SgExchanger

Haven't used them yet, and probably might not in the near future. The usual suspects are still working well for me. Moreover nothing really outstanding about the rates provided.

This new one has a wide banking option to purchse and sell e-gold. It also provides 'instant' exchangers via YIM or MSN.

The thing that raises my eyebrows here is the impending use of paypal. We all know the chargeback function of paypal, and the horror stories of exchanging paypal with e-gold. Will monitor how this develops if I have the time.

As with all new exchangers, go small and go slow.