VirWox offers one of the few ways to buy bitcoin with PayPal: buy buying Second Life Lindens with PayPal, and then trading the Second Life Lindens for bitcoin.

This post contains affiliate links. Before reading more, an important disclosure.

Privacy  |  Details ›
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Limits & Liquidity  |  Details ›
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Speed  |  Details ›
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Reputation & Regulation  |  Details ›
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Fees  |  Details ›
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Pros
  • One of the few ways to buy bitcoin with PayPal
  • Cons
  • High fees; about 9% to convert from PayPal to bitcoin
  • Buy Bitcoin at VirWoX

    VirWoX offers one of the few ways to buy bitcoin with PayPal: buy buying Second Life Lindens with PayPal, and then trading the Second Life Lindens for bitcoin.

    Payment Methods Accepted

    Payment Method Funds Available Currencies Fees
    PayPal immediately EUR
    USD
    CHF
    GBP
    EUR 0.35 + 3.5%
    $0.30 + 2.9%
    CHF 0.55 + 3.5%
    GBP 0.20 + 3.5%
    Credit Card immediately EUR
    USD
    GBP
    EUR 0.39 + 3.5%
    USD 0.49 + 3.5%
    GBP 0.29 + 3.5%
    Debit Card immediately EUR
    USD
    GBP
    EUR 0.39 + 3.5%
    USD 0.49 + 3.5%
    GBP 0.29 + 3.5%
    SOFORT immediately EUR 2.5%
    paysafecard immediately EUR
    USD
    CHF
    GBP
    20%
    Skrill immediately EUR
    USD
    GBP
    EUR 0.39 + 3.5%
    USD 0.49 + 3.5%
    GBP 0.29 + 3.5%
    OKPAY immediately EUR
    USD
    CHF
    GBP
    free

    Supported Countries

    Anyone in the world with access to the payment methods above can deposit on VirWoX.

    Privacy

    VirWoX doesn’t require any personal details, but the payment methods VirWoX accepts all require your name and other personal details.

    Limits & Liquidity

    VirWoX has deposit limits, but there is no limit to how much you can trade on the exchange.

    Speed

    All of VirWoX’s accepted payment methods are credited to your account immediatly. Your account may take a couple days to be verified, but after initial verification all deposits are instant.

    Reputation

    VirWoX is a regulated company based in Austria.

    Fees

    On top of deposit fees, VirWoX also charged 2.9% per trade. That means if you buy bitcoin with PayPal at VirWoX, you pay 2.9% + $0.30 to deposit, 2.9% to exchange USD to SLL, and another 2.9% to convert from SLL to bitcoin. Unfortunately, this is still the best and cheapest way to convert PayPal to bitcoin.

    Customer Support

    VirWoX offers support via email: [email protected]

    Frequently Asked Questions

    Is paying 9% to VirWoX really the best way to buy bitcoin with PayPal?

    Unfortunately, it’s the best way and also the cheapest. If you try to buy bitcoin with PayPal directly from someone using LocalBitcoins, you’ll still end up paying a 10% markup due to the risk of fraud.

    Visit virwox.com