Virawox is a popular website and platform that allows you to Buy bitcoin paypal with low conversion fees. This website is quite reliable and popular and is in service for a long time. But for the buyer, the high margin which is offered to the sellers is a big burden and they have to shell out more money to get bitcoins as compared to other platforms. On this platform, there is no sort of chargeback issues while buying Bitcoins and hence it is advantageous to consider this website to buy Bitcoins. The website name Virwox stands for the Virtual World Exchange and it makes use of a virtual currency which is known as SLL i.e. Second life linden dollars.
Buying bitcoins on Virwox
while buying bitcoins using the Virwox platform you must first exchange your fiat currency with Paypal into SLL and then trade it to Bitcoins. The main advantage of getting SLL is that the transaction can be proved to PayPal and there can be no scam as such, as no one can deny the receipt of that SLL currency. But if you are a newbie, it will take 48 hours for your account to get activated. The steps to buy bitcoins is as follows
- Go to website of Virwox. You must create a free account on this website by clicking on not registered yet button which is available on the top of the left sidebar.
- fill out your personal details and click on the register button. You must confirm and validate your account by clicking on the link that you would receive via email.
- change your password after clicking on validation link. If you get the message that avatar connection is not validated yet then you must ignore it.
- check about the relevant deposit and withdrawal fees and make a deposit of USD via Paypal or Paypal express.
- Now go to exchange and click on USD/SLL on the left side. You can buy the amount of SLL that you wish from this page.
- Once you have bought SLL successfully then go to exchange and this time select BTC/SLL. This step will help you buy bitcoins, but there is a chance of manual review after this step that may take up to 48 hours but usually is done within 6 hours of time. Know relevant information by visiting the site given here.
- After purchasing you can withdraw bitcoins to your wallet.
So follow this method to buy bitcoin PayPal using Virwox.