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Buy Bitcoins With Paypal & Credit Cards!

We all know that Paypal is one of the trusted as well as popular modus operandi for online transactions these days. Paypal is everywhere now as many merchants and traders have adopted it amicably. Bitcoins are also another medium of making online transactions making a place in the market. It means that Bitcoins is an another form of digital currency which depletes the need of using physical or hard money. However, there is one question which is very closely associated with bit Paypal and Bitcoins i.e. How to buy bitcoins with Paypal?

People who have used Bitcoins and Paypal says that it is really very hard to bring home Bitcoins by using Paypal. If we take a glance at the previous track record of buying Bitcoins via Paypal people has faced many inconveniences. Even there are many merchants which do not accept Paypal. The reason behind this behavior is rehashed situations where someone pays for Bitcoins with Paypal, gets Bitcoin and then fraudulently whines to Paypal that they never received the coins. It is said that Paypal over and over again Paypal favors fraud merchants so most of Bitcoin trades will treat this system as a pool of duplicity.

However, that does not mean that you cannot buy Bitcoins with Paypal and sell them at a high price for e.g. localbitcoins, ebay etc. The answer to query of how to buy bitcoins with paypal are through two mediums Virwox and CoinMama – the downside is higher commision that you need to pay – but its by far the easiest way to buy bitcoins using Paypal or Credit cards:

To learn how to buy Bitcoins with paypal via Virwox following are the requirements:
- Visit the website Virwox.com
- Register for an account on that website.
- Then, add funds to your Virwox account via Paypal
- Buy Linden$ (SLL) with USD/EUR
- Buy bitcoins with your linden$ (SLL)
- At least send your Bitcoin to your wallet.

We have Created a tutorial to explain the process – you can click on the images to enlarge them:

 
Step 1: Visit the official website of Virwox and register for an account. You need to ignore the message “your avatar connection has not been validated yet”.
 

Click Here To Buy Bitcoins with Paypal & Credit Cards using Virwox.com >>

Virwox Home
 
Step 2: Click on Deposit on the sidebar:
 
2-virwox-deposit
 
Step 3: Choose how you want to deposit your money – you can use Paypal or Credit cards using Skrill payment,  note: you can only deposit limited amounts every 24 hours. the more successful transactions you will have on Virwox.com – the more you will be allowed to deposit every 24 hours.  Be careful with the details you are entering during Paypal and credit Cards payments  – Since a failed transaction will still be deducted from your daily limit (not the money of  course – just the ability to deposit)
 
2A-Deposit
 
Step 4: Once you finished your deposit, you need to convert the USD or EUR to SLL – some virtual currency used in the game “Second Life” – just click the “place a sell order” or click the USD/SLL on the sidebar:
 
3-convert-tosll
 
Step 5: Choose how many USD you want to sell in order to buy SLL with and click Next:
 
4-buysll
 
Step 6: After Clicking next you need to confirm your order:

 
5-place-order
 
Step 6:  Now after we have converted our USD to SLL – All that is left to do is to convert the SLL to BTC, just click on the BTC/SLL button on the sidebar:
 
6-convert-to-BTC

Step 7: On the next screen just enter the mount of Bitcoins you want to buy using you SLL:

7-convert-to-BTC2
 
Step 8: Now after your transaction was confirmed all there is left is to to Withdraw your Bitcoins to your desired wallet, just click the Withdraw link on the sidebar:

8-withdraw

Step 9: Enter the amount of Bitcoins you want to Withdraw, enter your Bitcoin wallet Address and click – “Request Withdraw”,  Note:  on your first time there might be a 48 hours delay until your bitcoins will be sent – to prevent frauds, but from the second time, the Withdraw will be instant and usually takes 1 -2 till it appears in your wallet, and it can be traced instantly in the Blockchain.

9-withdraw-btc
To sum up – This is the easiest way you can find to buy bitcoins using paypal and credit cards – the only disadvantage is the fees (Papal fees, Lower rates for BTC & SLL) but in case you want your bitcoins instantly – this is the perfect solution.

Click Here To Buy Bitcoins with Paypal & Credit Cards using Virwox.com >>

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6 comments

  1. I get an error that Skrill cannot serve to Illinois. Also I get an error when I try to add the card to my SL payment info, but I know the card works!

  2. I did everything, and now I need to withdraw my bitcoins to my bitcoin address. I don’t understand this step. How can I know what is my wallet address and where to set up those wallets? Thanks.

    • You need to set a wallet somewhere (some exchange or local wallet on your computer) in order to have an address – or just send them directly to where you want to pay with bitcoins (they will provide address obviously…) or you can just leave them in your virwox account until you will have an address.

  3. where can i get a good CC to buy admin

  4. Succees after 48hrs. paypal money transfer to bitcoin wallet.Now im transfering money again…hope now its instant

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