In this article, you will learn how to buy Bitcoin with PayPal and how to swap the Bitcoin with PayPal. There are many reasons why people like to use PayPal to buy or sell a Bitcoin, and it may not be possible directly. PayPal does not offer exchanges Bitcoin, however, there is a solution for using PayPal with Bitcoin. Don't be afraid, it may be difficult at first, but once you understand it will be very easy and you can start buying or selling Bitcoin via PayPal.
One instant and secure way to buy or sell Bitcoin using Paypal are using the Exchange called the VirWox. Through this site, you can buy and sell Bitcoin with PayPal. But there is a problem, the rates are quite high and the reason is they have to compensate for the risk cost of the customer. To understand this, you need to know why not many people offer for Exchange or swapping Bitcoin with people who offer to pay with PayPal.
People who buy with PayPal may file a chargeback. For sellers that are very risky because of the Bitcoin transactions Bitcoin is permanent. This means that the seller of the Bitcoin bear the risk of the delivery amount of Bitcoin, while buyers can ask for his money even though he has received a number of Bitcoin.
In the past, there were many pirated PayPal account, which makes it riskier for the seller of the Bitcoin transactions through PayPal, considering the possibility of turning the aforementioned bill.
In addition to this shortage, the use of this Exchange has several advantages. Finally, you can switch Bitcoin via PayPal, you can change Your PayPal balance against Bitcoin or change Your Bitcoin balance against PayPal. Exchange runs almost immediately and you don't need to use your bank account to negotiate.
Information: what you should know before using VirWox
* Offer valid and that Exchange services since the year 2007. Originally created as an exchange for the currency of the virtual world Second Life, they have added the ability to swap other currencies. They have over 100,000 registered users.
* If you are a new user, you will save on your first transaction on hold for up to 48 hours. This is the correct precautions, future transactions will be faster after your account is audited.
* Have a collection of answers to questions frequently asked questions, see the link "about VirWox" on your site.
* There are other precautions. There is a limit on the appropriate level of your account.
Start to create your account
Visit the VirWox and review panel "Client Login" on the left side. Under this panel, you will find links, one of which is called "Still not registered?", click on the link. This will load the registration page where you must complete the information to set up your account.
Enter all required information, what is important is the field of "Basic information" and "Personally identifiable information", do not forget to mark that you have read the requirements in the field of "Terms of use". Please complete the captcha and wait for an email with a temporary password and log in within 24 hours. Finally, we recommend that you change your password to the "Change settings" page. Think of a very strong password for protection.
How to buy Bitcoin with PayPal through VirWox
To buy this stock through Bitcoin, you must click on "Deposit" in the "My account" in the left pane. On the next page, you should find the "PayPal Express Payment". There is a field where you can write what you want to deposit and you get to choose their currency. After that, click on the button "Apply with PayPal".
Now we have to negotiate the amount that is added to the Second Life Virtual Global Currency (SSL). Check the section "Exchange" in the left panel and click on the link "EUR/SLL" or "USD/SLL" in accordance with the currency that you have added to your account.
Finally just click on the link "BTC/SLL" in the "Exchange" from the left pane. From there, we can now swap currency SSL we fight Bitcoin.
Although this is optional, we can send your Bitcoin address Bitcoin any external, for example to our own wallets. To do this, click the "Delete" link in the "My account" in the left pane. On the next page, you will find a section titled "Remove Bitcoin." Enter the amount that you want to delete the BTC and the destination address of the Bitcoin. After that, just click "Request withdrawal".