Virwox.com 2014-02-12: IMPORTANT ANNOUNCEMENT : BITCOIN WITHDRAWALS SUSPENDED!
https://www.virwox.com/ No funds have been lost and no funds are at risk. This is a denial-of-service attack made possible by some misunderstandings in Bitcoin wallet implementations. These misunderstandings have simple solutions that are being implemented as we speak, and we're confident everything will be back to normal in a few days. Bitcoin withdrawals which are on hold pending review will remain on hold until it is safe to process them. You may also cancel such pending withdrawals (from the transaction history) if you wish to do so. We will communicate any further developments regarding this issue. Thank you for your understanding. 2013-12-07: SOFORTbanking now also available in France, Italy, Poland and Spain As a result of our partnership with SOFORT AG, you can deposit money directly from your bank account into your VirWoX account and have it credited immediately. All you need is an online-enabled bank account in Germany, Austria, Switzerland, Belgium, the Netherlands, and now also in France, Italy, Poland, or Spain. You do not need a credit card, nor do you need to register for using the service. More details can be found here.
In 2016 I bought some bitcoin on Virwox, and then completely forgot about it. I recently got an email saying they're going out of business, and that I have to withdraw by January 6th to not lose my money. I currently have about 1000 usd worth of btc but I really don't understand the website and customer service doesn't reply. I've read online that a lot of people are calling the site a scam. Is there any way to recover my money?
I'm 16 and have invested £300 in bitcoin... Since I'm under 18, I can't get a trading account so I used virwox witch has like a fee of like 3.9% to deposit and then you have to convert your cash to 'SLL' then pay a 3.9% fee to convert the 'SLL' to bitcoin.... Am I making a loss here???
Europeans : If we convince @neteller (island of man) to accept BTC, then we could get cash from BTC in less than 10 minutes, leaving banks out of the game.
Some months ago I tried to see how fast I could get cash from BTC. I tried a tricky strategy that now doesn't work anymore. I used neteller which is hosted in Island of Man, recently prised for its BTC friendly environment for businesses, with some nice feature for privacy and taxes. here is how :
Send BTC to VirWox
Sell BTC for SLL (Second life credits)
Sell SLL for EUR
Withdraw EUR to Neteller account (not possible anymore in VirWox)
Use neteller plastic mastercard to withdraw from the account at any ATM
If we simply get @neteller to accept BTC as a form of money in, that would make the trick. Or, are any other ways to achieve the same result, leaving banks out of the game?
You don't have to buy coin. You (anyone) can earn bch through tips here on reddit, or twitter thanks to /tipptippr or similar bots.
Anyone can also earn bch right now too on http://yours.org by posting updates that people might find interesting and/or useful. This is an amazing thing, and makes me think a lot of other platforms for earning are coming soon.
You can buy gift-cards using bch on https://cryptonize.it/product/amazon-gift-card/ - if amazn ships to you this means you can buy foods and stuff to live off of (rice/beans/soylent?etc). Disclaimer: I do not work and am not associated with any of these projects. This one it seems they're getting a lot of orders so they're still working out the kinks. (https://cryptonize.it/about/). This seems like a huge business opportunity to try and work around the stranglehold that visa and mastercard have on payments. - edit: I just realized (if they're in stock) you can buy other types of giftcards (instead of or including amzn) and sell them for cash on many card-to-cash websites, and sometimes even local kiosks.
Depending on where you are in the world some places, for example https://www.southxchange.com/ claim you can sell bch for fiat (if you really have to). YMMV and I have not done this. Remember, some banks hate crypto since it challenges them. If you're thinking of doing bank transfers to fiat from exchanges be careful - the bank may shut down your account! They may also cut-off links between exchanges at any time.
Some places like BitPay offer crypto 'debit cards' where you can fill up with btc (not yet bch?) and then spend it like you're used to anywhere visa is accepted, but don't expect these to be around forever because they rely on visa partnerships, so don't expect them to always keep fees low either.
If you don't like using Coinbase or other privacy-invasive services your options for converting bch to fiat are increasingly slim. You can try any number of exchanges that offer bch/fiat but keep in mind that security, sharing bank account info and ID info can be a big risk and sometimes the fees are huge, alternatives might include virtual exchanges such as http://virwox.com but the process goes something like BCH -> litecoin LTC -> to linden (exchange may not be cheap) -> to fiat to then withdraw fiat to skrill or paypal - fees might be steep there too and paypal hasn't been too friendly with this idea. But if you're thinking of going this route you can use Shapeshift to convert bch to ltc through coinomi.
The more places that offer ways to spend bch, the more local need for putting it back into fiat is not required. However, it is a catch-22 to expect merchants to be able to buy stock from others who are not using crypto yet and start accepting bch. Most people don't understand blockchain and with it crypto so if you're planning on asking your local shopkeeper to accept bitcoin you better have a way to make it clear to them the many advantages but also how they can use their own bch to buy produce/materials to keep the business running. (Maybe via #4). This (in my opinion) is the greatest barrier to wider bch adoption.
Why is it inherently so difficult to buy into BTC? This is a major barrier to entry that is stifling growth.
The lack of a solid service to buy Bitcoins with fiat is extremely frustrating. BitInstant's cash deposits are "down for the weekend", which means I basically have to sit on my hands until they decide to come back up.... There has to be a better way!
I have been a member of Gox for almost 2 years, and have used them for all my trades. I have always used Dwolla to get my money in, and when I put $150 in to Dwolla 3 weeks ago, I found out I can't get that money to Gox anmore unless I basically give them everything needed for identity fraud, which completely removes the aspect of Bitcoins.. Not that I care at all, in fact I sent them a picture of my fucking drivers license (with a thumb over my picture) along with a bill to my home address. They won't verify me because I had a thumb over my picture. Does that seem a little excessive that I need a picture ID and a home bill in order to put $150 fucking dollars in to their company? I initiated my verification process the 22 of Dec, and just got a notice yesterday saying it was not approved. Wow, I am so frustrated because this site has been KNOWN TO BE HACKED multiple times, yet they want to hold a picture ID with all my information, and a copy of a bill to my home address. Does this seem a little bit over the top and amount to total bullshit? TLDR -> How do I get money from Dwolla to bitcoins without using Gox since they don't want my business anymore? Thank you,
Hello I wanted to try using bitcoins for payments. I opened a account on virwox and deposited money into my account and exchanged into btc. Then I wanted to make a payment but it is only possibl between virwox users. Can anyone recommend another site where I can easily deposit money into, exchange them for btc and then pay a vendor using his address? The vendor only accepts btc.
In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.
How to Buy Bitcoins with PayPal through eToro
Pros: Accepts a variety of payment methods, low fees Cons: Not available in the US eToro is a platform that allows users to buy bitcoins with PayPal and is considered to be one of the easiest methods to do so. Worthy of note is that eToro does not enable users to withdraw or transfer bitcoins to other users, rather it allows users to sell Bitcoin only for fiat currency. Users do not need a bitcoin wallet to use eToro as they do not store any coins.
How to Buy Bitcoin with PayPal through VirWox
Pros: A reliable method Cons: High fees VirWox (Virtual World Exchange) – It is a platform that allows trading of digital currencies such as Lindens, Bitcoins, etc. This exchange has more than 400,000 registered users and is an authorized reseller of Second Life Lindens (SLL). Here is a step-by-step guide taking you through VirWox:
Go to VirWox.com
Open an account – login to Virwox, register and fill personal details like username, email address, etc. Skip when asked for “avatar name” and enter all other necessary information and click “register”.
Activate an account – a confirmation email is sent to your account with a password. Login to Virwox with these credentials. It is advised to change the password before transferring money.
Deposit money through PayPal – to do this, ensure you have an account with PayPal and ‘understand terms of service’ allowed by PayPal for using SLLs to buy bitcoins. Deposit money into Virwox account via PayPal. Now you have a balance in your VirWox account to purchase coins with.
Go back to VirWox and buy SLL, and then buy bitcoins with your newly purchased SLL. Click “withdraw” to send your new bitcoins to your wallet. That’s it! Now you own Bitcoin!
VirWox charges fees for each transaction such as exchanging USD for SLL and then exchanging SLL for BTC. The fee structure of VirWox changes constantly so keep an eye on this every time you want to make a transaction. VirWox has been in the market for a long time and is currently the most reliable platform.
How to Buy Bitcoin with PayPal through Local Bitcoins
Pros: Various sellers from all around the world Cons: High fees, chances of scams Local Bitcoins is another marketplace where buyers and sellers meet. In this method, users can buy bitcoins with PayPal by finding a suitable seller with an excellent feedback score and large trade volume. Trading with new buyers involves higher risk, so sellers charge buyers high fees – keep that in mind!
Enter search parameters – go to Local Bitcoins and select your country and choose the amount to be purchased.
Choose a seller – a list of sellers is displayed by Local Bitcoins. Choose a seller who has a good feedback score. Each seller has trade limits which range from a minimum to a maximum amount of bitcoins required to trade.
Go to Payment window – buyer’s reputation increases per transaction and sellers prefer to sell bitcoins to buyers with a good reputation to avoid becoming a victim of fraud.
Complete the trade – after finding a suitable seller and entering the quantity of purchase, click “Send trade request” and your done!
How to Buy Bitcoin Using PayPal through Wirex
Pros: Normal fees Cons: Withdrawing funds takes more than a week Wirex is a leading company that provides virtual and physical bitcoin debit cards (which is just like a normal debit card). Users can use Wirex’s card to buy bitcoins with PayPal.
Request for a new physical/ virtual debit card from Wirex – login to Wirex and click on “request new card” and choose the card type. Users can use both physical and virtual cards to buy bitcoins via PayPal.
Link debit card details to PayPal account:
In PayPal account, go to “wallet”, select “add a card” to add your virtual bitcoin card. A minimum of $3 is required in PayPal account to verify this card.
A 4-digit code is generated, which is the verification pin for Wirex cards on PayPal.
Go to “wallet” and click “Withdraw funds” and choose “withdraw funds to your card” option.
Withdrawal would take up to 7 days to appear in Wirex account.
Buy bitcoins with Wirex debit card.
How to Buy Bitcoins Using PayPal through Paxful
Pros: Wide range of sellers from all over the world Cons: Chances of scam, high exchange rate Paxful is the latest version of Local Bitcoins. It is a decentralized peer to peer marketplace and allows users to buy bitcoins with Skype credits, Amazon gift cards, etc. In Paxful, a seller sends bitcoins, buyer purchases and sends dollars to escrow. Once the trading is completed, funds are released to each party. The process to buy bitcoins through Paxful is:
Create an account
To buy, select payment method by entering the desired amount
To sell bitcoins, select “seller manually” or allow Paxful to decide who the best seller is.
New to Bitcoins, how can i get $200 worth BTC with my credit/debit card
Hey Bitcoins community, please help a newcomer to get some BTC, i need $200 worth BTC urgently and whatever exchange i tried takes many hours/days to process. And also does anyone used VirWox ? i have 100$ stuck there, they didnt allowed me to add more than 99$ to my account and took 5$ commission on it, then i had to sell that USD to SLL for another commission and then withdraw that SLL to BTC with another commission, till now (around 10 hours) i didnt got any BTC on my wallet, is this a scam ?
Hey all, so I have been watching this crypto go up for a while and I really like the team behind it, and think it will be valuable in the future, and would like to buy some. I have had issues with cryptocurrency and ID verification and have been out for months, but finally found out about Virwox a while back, and I have been able to buy some bitcoin on there. Anyways, I would like to trade the bitcoin that i got on virwox (about $100 worth) for some sumokoin. I know you can do it on Cryptopia, but I need to be able to deposit the bitcoin, trade it for sumokoin, then withdraw the sumokoin to my wallet without any ID verification and no catches. Can I do this on Cryptopia? I searched but couldn't find a clear answer.
Hey guys, Fanobet forced me to use Bitcoin. I am now looking for a Bitcoin Wallet where I can depoist/withdraw with paypal. I found a page called VirWox, but I am not sure if it is legit. Does someone of you have experience with VirWox or know another Wallet which I can use with paypal?
Trading DOGE: Your full guide to trading Dogecoin for profit
NOTE: YES! This guide is long, but when you get started it's fast and easy. Hi everyone, my previous post about PTC's got so much hate. So I decided to make a full guide on how I made $120 last month. If the same interest and numbers remain you'll be making $100/month for two months, and $500/month for another month. On your third month, you'll be able to make over $750 if the market remains. These last couple of days I've just bought low sold high to people. The steps are really simple and anyone can do it, I'll show you all the steps in detail for maximum profits. Disclaimer: I am not responsible for your money or actions. Any accusations to me (Rynsi) will not be accepted, use it on your own risk! 1. Introduction 2. Get started with Dogecoin 2.1 Install your wallet 3. Choose trading sources 3.1 USD/BTC 3.2 BTC/DOGE 4. Where to sell Dogecoin? 5. Good advise 6. Summary 7. Proof of Screenshots for the naysayers 8. Links 1. Introduction I started trading Dogecoin (I'll talk about this coin soon) 5th of February, and saw a great potential in making money with it. With this guide, you'll make 15%-30% of your money back with each trade because the current market is limited, therfor YOU can provite this service that many people request. I started with $72 and now have $220, which makes my ROI 205.5%. I will show you how it's made step by step before it blows up and become viral! 2. Get started with Dogecoin You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars). By far the most popular use the Dogecoin however is for "tipping" fellow internet-goers who are creating or sharing great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet. 2.1 Install your wallet To start using Dogecoin, you'll need a wallet. A wallet is just like your online bank account, only your entire account is stored securely on your local computer or in the cloud. From your wallet you can send and receive Dogecoin, manage your address book and review a history of your transactions. Desktop wallets can be downloaded and run from your computer's desktop. Desktop wallets are more secure as they don't rely on a third-party server in the cloud: Windows (click to download) OS X (click to download) Source code(if you're using Linux, you'll need to compile the wallet yourself) For Windows and OS X users, simply extract the .zip file to a secure location on your computer, then double click on "dogecoin-qt" to run. For information on how to use your desktop wallet, check out this great site. 3. Choose trading sources You know now how to get a Dogecoin wallet, but you will need to get an online wallet to save USD on, one exchange site to trade USD to BTC and one to trade BTC to DOGE. It might sound a lot to do in the startup phase, but it's really easy once you get going! 3.1 USD/BTC Exchange There are a lot of options when it comes to buying BTC, but for now VirWox is the only one that accepts PayPal and VISA purchases. You can choose many different kinds of sites that accept USD/BTC trades, that is another story that is another story to be told. VirWox has a limit of depositing $780 per month, but after 60 days you can deposit $2800 per month, so trading as much as possible will be the best thing to do if you want money. USD Storage: PayPal USD/BTC Exchange: VirWox (ref / non-ref) To deposit dollars with (VERIFIED) PayPal to VirWox, you need to be a verified user. This is to prevent frautend actions such as chargebacks and instant payments. The deposit will be instantly made after you complete the order and you can start trade. To trade, you first have to buy SLL with the USD on your account [!!!WARNING!!!] USE LIMIT ORDER and NOT market order. Now do the same, but with the SLL/BTC exchange. I repeat, do NOT use the market order. Use LIMIT ORDER to get as much BTC as possible. You have now successfully completed a USD/BTC exchange! 3.2 BTC/DOGE Exchange This step is almost similar to the previous Exchange, but this step is only with Crypto-currency (read Bitcoin and Dogecoin). BTC/USD Exchange: Cryptsy (ref / non-ref) To exchange to BTC, you need to withdraw your BTC from VirWox to Cryptsy. This is made in the Cryptsy balance page, where you can generate a BTC deposit adress. Unfortunately, you have to wait 48 hours the first time for VirWox to accept your deposit manually due to security reasons, all the other transactions in this guide will be almost instant. Now when you have BTC on your Cryptsy account, you have to do the same as you did with USD/SLL and SLL/BTC, really easy! When you have traded to DOGE, your downloaded Desktop Wallet comes in handy. Deposit the DOGE from Cryptsy to your Desktop Wallet and you're ready to go to the next step! 4. Where to sell Dogecoin? This is a great surprise I have waited to tell you, you use REDDIT to sell Dogecoin! It's really easy to do. Go to /dogemarket/new and see what the current prices are. You can sell for the same price as others, undercut for faster sales or overcut for slower sales (but bigger profits!). You structure the post by [SERVICE] AMOUNT RATE PAYMENT TYPE (SPECIAL OFFER). Here is an example, my last post where I sold Dogecoin. If you follow my conversation in that post you will see how typical trades are being made. When you have traded the Doge you can make a post on the /dogemarket verification thread where you achieve levels that will be shown for other users through your flare. Notice the orage flares, those indicate level of trades, age and amount you have traded. These are good for noticing legit and fake users, but always be of scammers! 5. Good advise A. Only accept GIFT (friends and family option) from (VERIFIED) PayPal, DO NOT accept eChecks or transactions that has to be accepted first. eChecks and Instant payments can be chargebacked and gifts will prevent this from being possible. B. If you have reached VirWox deposit limit, wait a while to see how the BTC/DOGE market is going. You might make some extra 1000's of DOGE if you wait a while. C. Always be nice and kind to the DOGE community, they are really friendly, patient and polite, be so too! D. Try to be fast in your transactions on /dogemarket, good service equals good reviews. E. PEOPLE WILL TRY TO SCAM YOU! Always check for names including "shibe" or "doge" and new accounts. F. Have fun! If you have fun trading and communicating with other people on Reddit, you will enjoy yourself and have a better time making money. 6. Summary: A step by step guide to make $100+/month (and $500+/month after 60 days if market remains) Download your dogecoin wallet. Sign up to PayPal, VirWox and Cryptsy. Add money to your (VERIFIED) PayPal account. Deposit the money to VirWox. Exchange money to SLL. Exchange SLL to BTC. Withdraw BTC to Cryptsy. Exchange BTC to DOGE. Withdraw DOGE to Desktop Wallet. Make a post on /dogemarket. Recieve PayPal money from buyer. Send Dogecoin to buyer. 7. Proof of Screenshots for the naysayers PayPal Proof VirWox Proof Cryptsy Proof Desktop Wallet Proof As if you haven't seen the whole iceberg, here is my reddit verification post 8. Links Dogecoin Promotional video(a must watch) Dogecoin Subreddit Dogecoin Official website Bitcoin Subreddit
This is my first guide: making over $100/month with a $72 investment. When your VirWox account is 60 days you'll make $500/month and when your VirWox account is 90 days you'll make $750/month (if market remains as it is). I think it's a big effort by me trying to teach you how to make money, so I would really appreciate you using the referral links. If you find any errors in my guide, please don't hesitate to tell. I will be answering any questions regarding my guide as good as possible doesn't matter if you comment or PM. I'm accepting any donations, DHKzSsCVpv5QuJvHxWKENH9SKC3S58raBx Thanks. TL;DR Wanna be rich? read. Edit: Formatting
Earlier today I once again decided to cash out a small amount of Bitcoin and when I went to the VirWoX website, they were still showing PayPal as a payment method that they accept (see red arrow below). VirWox’s homepage still shows (erroneously) that they accept PayPal. After I logged in, I looked at the available withdrawal and deposit options, and PayPal was still listed on both, although ... Copy and paste your Bitcoin Address from your Virwox account into the Address field. 6. Type in the amount of bitcoins that you want to withdraw. (Note: The minimum bitcoin withdrawal is 0.1 BTC). I would encourage you to withdraw more than 0.1 BTC since you will need to have a minimum of 0.1 BTC to covert your bitcoins into SLL, followed by USD. 7. Click on the Withdrawal button. The bitcoins ... Bitcoin Withdrawal Time at VirWox. The bitcoin withdrawals to your wallet address would be carried out instantly though some transactions might become a subject of a manual check, prolonging the process up to 48 hours. New accounts’ first withdrawal would take about 48 hours due to the security checks. After the first transaction, all other withdrawals would be instantly done. United States ... VirWox Withdrawal fees. The exchange charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This fee is below the industry average and constitutes a market advantage for this exchange. It does not, however, in our opinion outweigh the disadvantage of the excessively high trading fees. Deposit Methods Other payment methods (deposit and withdrawal) include PayPal, Credit/Debit Cards via Skrill/Moneybookers, paysafecard, Ukash, ... Finally use the "Withdraw" page to send the BTC to a Bitcoin address. You can also use VirWoX as a eWallet and keep your BTC there for later use. Full details of the process can be found on dedicated website VirWoX. How to sell bitcoins. After your have opened an ...
Gominer Proof of Withdrawal best bitcoin site - YouTube
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