Virwox Review: Is it Legit or a Scam? - 99 Bitcoins
Virwox Review: Is it Legit or a Scam? - 99 Bitcoins
VirWox Bitcoin Exchange Review BitcoinBestBuy
VirWoX. Austausch. Bitcoin via PayPal – BitcoinWiki
9 best alternatives to Virwox as of 2020 - Slant
[question] Want to buy Bitcoins with 19USD with paypal using Virwox
I have got only 19USD in my paypal and I immediately want to buy it at the current price. I want to know if virwox is good option and will they let me purchase with such a little amount and how much fees and commission will be deducted. Any ideas? Pls advice
Better/cheaper platform than VirWoX for Paypal to Bitcoin?
I'm a irregular and low budget bitcoin buyer who wants to know, if there is a cheaper alternative to VirWoX for Paypal to Bitcoin Payments (except Paxful)? I like VirWoX, because you can buy Bitcoins instantly. Only con: high fees (because you have to change to SSL first, then SLL to BTC + deposit and paying out fees +etc.) Is there a cheaper alternative? (only direct bitcoin release and paypal)
So after paying $108 from paypal to get bitcoin from virwox, I get $80 worth of bitcoin? (Virwox)
From the $108, virwox made me get their currency which is SLL then I have to turn that into BTC. And in the end, I get $80 worth of bitcoin.. With a small amount of SLL in my account left over that I cant turn into bitcoin This is just ridiculous. Never using this shitty service again and I advise you not to
How Not TO Buy Bitcoin with Paypal Through VirWoX (Getting Your Account Closed/Suspended)
I wanted to create a totally anonymous website that no religious or political force can easily take down and threatens my safety (FREEDOM OF SPEECH!). This means having both domain and hosting services outside US and "controlled" countries. One of the step is acquiring bitcoin to do the needed payment to be anonymous. I tried using the famous process of buying BTC through VirWox and would like to share HOW MY ACCOUNT WAS CLOSED to help others AVOID these. Here's, the email sent by VirWox Support: "Hello, unfortunately we have received high risk indications for your account. We have therefore refunded your payment and closed the account." Here are the possible reasons why what I've done was high risk.
Email account used is mail.com where there's no identity verification required.
Used pseudonym and fictitious contact information throughout (let's call her Maria)
VPN with IP on the address of Maria
Browser cache cleared. Used private window.
Turned off all "location" and other privacy invasive features of your computer.
Created account on VirWox for Maria
Deposited USD through a paypal account of a willing friend (thus different name from Maria)
Bought SLL with USD
Bought BTC with SLL
All above steps were done on the same day
Within 48 hours, I got my VirWox account closed and all money refunded (including fees - good news atleast) Next time, I would probably buy BTC from VirWox disclosing my real identity using my own Paypal. However, this removes one layer of anonymity. Any suggestions on how to buy bitcoin with paypal allowing maximum anonymity? Thanks!
One method to buy bitcoin with fiat is first to buy Second Life Linden (SLL) with Paypal, and then to use the Virwox exchange to convert the SLL to bitcoin. Some people say that they have used this method several times with no problems, but others are furious that Virwox scammed them out of their money when they tried to withdraw their bitcoins in the final step. (Have a look at these reviews of the service; they are mostly bad.) I have some questions about this:
Is there any way to predict who is likely to be successful in this process and who is likely to get ripped off? For example, does it help to have a reasonably old Second Life account?
Virwox is an official Linden Dollar Authorized Reseller, and the terms and conditions of this arrangement prohibit them from selling things of value in exchange for SLL. So why are they even allowed to sell BTC in exchange for SLL?
Given that Virwox is somehow allowed to sell BTC for SLL in this way, why do they appear to have no competition? Why doesn't a US company start doing what Virwox claims to be able to do, but do it reliably instead? (Virwox is based in Austria.)
I would probably use this service to buy BTC if it didn't have so many extremely negative reviews. This process can also be used in reverse to convert BTC to SLL, and then to convert SLL to Paypal, and in contrast, that seems to be reliable. If anyone has any insight into these matters, I'm very interested to hear it.
How to buy Bitcoins on Virwox and the real cost of going through Virwox
It seems like a lot of people are buying bitcoins through Virwox only to found out that they paid a hefty premium and that they have loose change in their Virwox account that they cannot redeem.. There are a few simple steps to avoid/minimize that issue. Step One: the fee to deposit cash onto your account I use Paypal and they charge you €0.35 + 3.4% in fees. In order not have any loose change since converting into SLL can only be done with Units of Cash (no decimal points) you need to work out the net deposit amount For example: if you want €100 then you need to deposit €103.89 Step Two: Buy SLL with Euros Next go to the EUSLL exchange and pick market order (it rarely is better to put a limit order since the fees for a limit order are greater than the extra you might earn from going in the order book with a higher limit, it’s possible but chances are since this a rather illiquid you’ll never be executed). Limit order fees: 3.90% Market Order fees: 50SLL + 2.9% At the current rate 1EUR = 269.7SLL, 100 euros will get you 26140 SLL (and you paid 832 SLL in fees or about 3 euros) If you put a limit order hoping to get a better rate, the best offer rate is 273.9, so going just in front of that at 273.8 will get you 26314 SLL or 174 more SLL but the fees are 1068 and the chances of being executed are very small. To give you some perspective you start getting less SLL with a limit order at a rate of 271.9… because you pay more fees (I always go with the market order). Step Three: Buy BTC with SLL The exact same fees apply (2.9% +50 SLL) so again you want to go with the market order. At the current BTC/SLL rate of 59100 SLL for 1 BTC, with 26140 I can buy 0.4286BTC of which you paid 808 SLL or about 3 euros in commission.. At the very end to withdraw your BTC into your wallet you’ll pay an additional 0.005 btc leaving you with exactly 0.4236 BTC. Conclusion: The current market rate for BTC/EUR is 210.48 on kraken, at that rate your 103.39 euros would have gotten you 0.4935 BTC or 0.0649 more than with virwox… all in all the total commission for that trade is about 15.41% or about 16 Euros. On average the total commission is between 13 – 20 % it all depends on how liquid the different currencies are… it’s as if you bought 1 BTC at an exchange rate of 242.37 EUBTC which is a pretty large spread but given the convenience for small amounts and the speed (for 2 timers the btc withdrawal is instant) and the anonymity this is one of the easiest ways to get btc fast and securely. Any comments are welcome or any other website or cheaper alternative are more than welcome. Note though that you do not need to give any kind of identification on virwox.. although your paypal/credit cards details will reveal who you are.
For the ppl whos trying to buy btc VirWoX.com no Id or anything and its with PayPal the fees are high but its worth it u do need verified PayPal acc which is by linking your bank account which u can later remove it and add a credit card thank me later :) max u can buy for first ti /r/Bitcoin
VirWoX is closed. As previously announced, the Virtual World Exchange (VirWoX) has permanently closed its business on January 6, 2020. VirWoX operated for more than 12 years, first as a place to buy and sell Linden Dollars for Second Life, and since April 2011 our users also traded Bitcoin. Unlike other bitcoin-only exchanges, VirWox has a much grater expertise into this business as it is operating as an exchange for Second Life dolars for over 7 years. The methods that allows you to handle your cash are much more diversified and you can use standard methods like Paypal, Skrill, Ukash or credit/debit cards. You can both buy and sell bitcoins and get your cash to your preferred ... VirWoX war die größte PayPal-zu-Bitcoin-Börse, die jedoch im Januar 2020 geschlossen wurde. eToro ist der beste Weg, PayPal zu nutzen, um mit Bitcoin konfrontiert zu werden. Damit können Sie über den Preis spekulieren, aber gleichzeitig auf die Coins zugreifen. Bitcoin-Nutzer, die eine Auszahlung in der nach wie vor wichtigsten Kryptowährung weltweit durchführen, zahlen eine Bearbeitungsgebühr von 0,0005 BTC. Bei allen anderen VirWoX Zahlungsmethoden zahlen Sie jeweils eine Gebühr von 1,00 Euro. Ein weiterer Kostenpunkt ist im Einzelfall die Inaktivitätsgebühr. Sie wird fällig, wenn Sie über ... Each time you make a money transfer, or fill your wallet using any of the methods available, they will ask you for confirmation pictures, receipts, etc. This is common the first time using most exchanges, but Satoshi Tango asks you to prove and verify EVERY TIME. Not fit to buy bitcoin on a rush. See More
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