Golden Minerals Company

London Gold Exchange

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London Gold Exchange was a digital currency exchanger founded in 2001. The London Gold Exchange was owned by LGE International LTD., an offshore company registered in Belize, with offices in London, England and Hong Kong.

The London Gold Exchange closed for business as of September 26, 2011 according to a message on the company website:
"Due to operational difficulties the London Gold Exchange is permanently closed for business.
Thanks to all of our members.
London Gold Exchange
International Digital Currency Trader
26/09/2011"

London Gold Exchange operated 2 franchises, one in the UK and one 'International' which covered everywhere other than the UK. The UK administration office was in Central London, with staff based in locations around the UK. The International administration office was in Hong Kong, with staff also operating from mainland China. Technical staff also operated from locations in Australia.

London Gold Exchange bought and sold the following digital currencies:

• c-gold
• Liberty Reserve
• Pecunix
• v-money

London Gold Exchange's fees for exchanging fiat currency into digital currency, ranged from zero percent to six percent.[1]

Fees for exchanging digital currency back to fiat currency ranged from zero percent to eight percent.[2]

Per a notice on the website, on September 26th, 2011, the London Gold Exchange is permanently closed for business citing "operational difficulties". [3]

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References

1. ^ http://www.londongoldexchange.com/buyecurrency/buysellconvert.asp?t=buy
2. ^ http://www.londongoldexchange.com/buyecurrency/buysellconvert.asp?t=sell
3. ^ http://www.londongoldexchange.com/maintenance

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External links

• London Gold Exchange