Can You Transfer Money From Paypal To Bitcoins ...

Some things you may not know about BCH

  1. You (anyone) can open a web-wallet quite easily to get started: is open-source, or - in case you don't have a smartphone app like Jaxx or Coinomi these are temporary wallets just to get you started.
  2. You don't have to buy coin. You (anyone) can earn bch through tips here on reddit, or twitter thanks to /tipp tippr or similar bots.
  3. Anyone can also earn bch right now too on 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.
  4. You can buy gift-cards using bch on - 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. ( 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.
  5. Depending on where you are in the world some places, for example 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.
  6. 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.
  7. 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 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.
  8. 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.
submitted by writingabout to btc [link] [comments]

need some advice fast!

Hi guys, here is my problem:
After seeing the Athene video , I tried to get myself into cryptos. I didnt know shit at first , it seemed complicated but i managed to learn the basics in a day. Decided to finally buy some Prps for myself but i hit a couple of brickwalls:
I know that Athene is thinking about allowing investors into this crypto soon , and i feel like i will miss this one-time opportunity if i dont buy it soon. Time is running against me and i lack solutions for now.
My problem is first that i dont possess a credit card. Ive tried to get one but they refused me because i dont currently have a job since i work in the construction sector (we dont work in winter). So i cant get my hand on a credit card for now. So i cant buy anything...
Then i tried to go for a site that accept Interac-online but i learned that it require a week to do a single transfer. Its too long. Plus , every site i tried required a Verification that takes 3-5 days. Now thats almost 2 week.. its too long.
And most of those verification also require a Credit card or other document that i dont possesses (Driver licence (lost it) , passport (not up to date) etc).
Im also canadian and some sites dont allow Canadian dollars through interac-online. So i Bought a bunch of prepaid visa cards for Coinbase thinking it would work.. but it didnt.
In short :
-No time
-No credit card
-Bunch of prepaid card in hands
-Lacking documents
I know Paypal accept Prepaid cards but then how do i get Ethereum ? Paypal-Virwox(bitcoin)-shapeshift-metamask?? and how many time will it takes? Would it be fast enough before the real prps launch?
Is there another way? Is there a site that allows Canadian prepaid card? A site that doesnt require a 5 days verification? Something i dont know? Please guys the sharks are coming and im not ready.
submitted by DeuXBleM to PRPS [link] [comments]

PayPal policy

Hey guys, I just accidentally found out that it is against Paypal's rules to buy/sell bitcoins. I basically sell bitcoins on Virwox and they give me the money via paypal and then I transfer them into my bank account. Will this get me into trouble? If yes, then fuck Paypal! This is outrageous!
submitted by xcalinx to Bitcoin [link] [comments]

How to Buy Bitcoin with PayPal

How to Buy Bitcoin with PayPal
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
  • 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.

Final Thoughts…

Cryptocurrencies are tentative, complex and involve high risks as they are highly volatile. Before buying bitcoins through PayPal, ensure that the terms and conditions of PayPal and bitcoins are well – understood to make your transactions secure.
Source: CryptoCurrencyNews
submitted by Lumi_wallet to LumiWallet [link] [comments]

Buying Dogecoin is so hard

I'm trying to buy Dogecoin, but i live in Mexico so the usual places people buy Bitcoin so they can then buy Doge need bank verification (only US). So i went to the dogemarket and they want the paypal transfer as a gift (I don't have a problem with that, don't want them to get ban from paypal)
But in my country the option to send as a gift does not exist.
I hate my country so much right now :(
I just wanted to buy 25K of doge... Mexican shibes can't have nothing good these days.
Ps. Thanks for reading my rant and sorry for my bad grammar.
Edit: Google wallet is racist a told me to go home :(
Giving Skrill a try... I'm not giving up, by the end of the day i will buy doge no matter what.
Edit 2: Skrill won't verify my debit card
Edit 3: Finally i bought some Bitcoin with paypal at, there are lots of fees and it will take 48 hours for the transfer of Bitcoins (because i'ts my firts transfer) to my new account on
Overall i think it was cheaper and more secure than buying at (mexico).
Thank you all for your advice.
submitted by carlishio2 to dogecoin [link] [comments]

currently use VirWox. 177 dollars turned into 145 dollars because of all the percentage shaving they did. Looking for another option. Any suggestions?

I used to use and it was perfect. Instant credit card (or Paypal) direct to bitcoin with no charge. They quit dealing in bitcoin, so I was forced to look around. Found a few websites that required a bunch of identity proving, which is constantly denied due to my ID card being cracked. Virwox is instant and easy, but it costs money to put some in your account. Then you transfer it to SSL and that costs money. Then you transfer it to bitcoin and that costs money. Then you move it to your wallet, and that costs money. 177 is what I paid for but by the end of it, I had $145 in bitcoin. Any instant, easy websites like out there?
submitted by Edmund_Honda to Bitcoin [link] [comments]

Do you guys know anything about Virwox?

So recently I wanted to buy something on internet and that website was using Paymentwall or Bitcoin. I didn't want to give my identity information to Paymentwall so I wanted to use bitcoin section. But there isn't a service selling bitcoin via Paypal. So I found this website called Virwox and bought $16 of Bitcoins via Skrill (cuz it was saying they don't charge fees when I use skrill) but they gave me $14.95 so I don't give a single f* about $1 but the problem is I couldn't buy bitcoins with that money from them because fees etc. wasn't givin' me the bitcoins as much that I need. So I wanted to transfer that money to my Paypal, didn't work cuz they have minimum limit. I tried my bank account, didn't work.
So I sent them an e-mail and explained everything. And here is what happened;
"Your account has been disabled!"
So what am I gonna do now? Any suggestions?
submitted by JacoffS to Bitcoin [link] [comments]

PayPal --> Bitcoin (best exchange rates)

What are the cheapest options to withdraw money from PayPal account without transferring them to local bank? I was thinking Bitcoin because exchanging PayPal into other ewallets adds up to about 20% in fees upon cash withdrawal.
VirWox has decent rates (adds up to about 12%), but for some reason they decided that my account is high risk (whatever that means, I'm still waiting on them to get back to me) and refunded my first payment. Exchange rates at and paxful are terrible so I won't use them.
P.S. I'm not stealing money from somebody else's account. I just need to be able to send my PayPal funds into another jurisdiction where I can transfer them even to a bank account if necessary.
Edit: I'm also thinking PayPal E-wallet Bitcoin might be an alright option, but my head is about to explode from various exchange rates and fees that each system has.
submitted by sdiohdvs to Bitcoin [link] [comments]

Bitcoin & PayPal

Do you think creating a new PayPal account, transfer funds from my current account to this new one, and use it to buy Bitcoin on sites clearly related to Bitcoin, like Localbitcoins and WeSellCrypto, to avoid the problem of being banned from PayPal, would work? Btw, I can't use Virwox.
submitted by hugomoreira_ to Bitcoin [link] [comments]

Litecoins in the wind

Just thought I'd share my 2 hour journey on finding lost Litecoins, spoiler alert, they're gone.
So I decided I would find my long lost litecoin wallet, so I dug through my Google account history, and found 4 results for Litecoin dating back to 2014, one of them linked to ( Which seems to be down ) so I accessed it through and found the link in question, how to buy litecoins. It suggested buying with PayPal through a website called VirWox, which as soon as I clicked on, I recognized. Like 15 minutes later, I had recovered my VirWox account and as I thought, I bought $5 worth of SLL in Jan 30, 2014 which I would then trade for LTC since apparently buying Litecoin with PayPal was against TOS (Not sure if still is). The guide then said to transfer them to an exchange. After searching for all the exchange names in my E-Mail history, I finally found one about my account registration with Cryptsy, only to find out it's now bankrupt, aaaand I missed out on the lawsuit dates.
R.I.P. My fraction of a Litecoin, you'd be worth around a hundred today.
P.S. I also found that my first Bitcoin search was "what are bitcoins" on Oct 20, 2012. Oh if only I had bought back then...
P.P.S. Obligatory nightmare story about selling 33 Litecoins years later for $280, nice.
submitted by McDunkinY to CryptoCurrency [link] [comments]

r/Bitcoin, Im totally lost.

Well, not totally. I've been all over the deep and shallow webs alike trying to find a simple way to buy bitcoins. I have set up accounts on VIRWOX (which would've worked if it didn't have a paltry $75 cap for deposits...) and a million other random ass websites but so far as I can tell the only secure way that would work for me is a freaking international bank transfer to mtgox's japanese bank. Something I have never attempted and am really not too eager to try now. Apparently yall don't trust paypal or credit cards (can't say I blame you from a purely economic academia standpoint - but come on). Is there somewhere I can just buy BTCs at market value using my credit card number or do I really have to phone the ambassador to Sweden and trade my daughter's hand in marriage to get on the waiting list to buy these freaking things? Aren't there prepaid cards I can purchase somewhere that aren't $50 more expensive per coin than market value? Why in the name of the holy prophets of God does it have to be this hard to get in on this thing?? Can any of you help?
submitted by Alienm00se to Bitcoin [link] [comments]

Best Canadian Exchange

I've been using VirWox to transfer relatively low amounts of Bitcoin (few hundred dollars worth) to my bank (BTC > SLL > USD > PayPal > Bank) but I'm planning on increasing the amount to the thousands in the future so perhaps a dedicated exchange would be cheaper and faster. I'm wondering if anyone have any personal experience with reputable Canadian Bitcoin exchanges as well as their fees, registration, verification, and bank/PayPal transfer process.
submitted by Unredditer to BitcoinBeginners [link] [comments]

Virwox rejected my account registration and got cocky about it too!

(1) Install the bitcoin wallet to your phone --write down the passphrase they autogenerate for you --send the bitcoin address to yourself (your PC) via email (2) Install Authy to your phone (3) Use a PC (or your phone) to visit VirWox and create an account: (setup 2FA for the account using Authy to generate the 6-digit MFA code) (4) Get the confirmation email from VirWox and relogin, changing your password in the process (5) In VirWox: --transfer $99 USD from Paypal (or Credit Card or Debit Card) to your VirWox account --exchange $99 USD to SSL --exchange SSL to bitcoin --withdraw bitcoin to your phone's wallet (you'll need to copynpaste the bitcoin address from your email from step (1)) --prepare to wait up to 48 hrs for VirWox to complete the transaction (first time users only, after that it's immediate) (6) After 24 hrs, get email from VirWox: VirWox>> Hello, unfortunately we have received high risk indications for this account. We have therefore refunded your payment and closed the account. me>> Thank you! Without a better explanation, I will take my business elsewhere. VirWoxYes, please do take your "business" elsewhere. That was the idea of closing your account. meHah! You're so funny :)
submitted by grapes_147 to Bitcoin [link] [comments]

Want to buy Bitcoins but it turns out difficult...

Hey guys, I am a bitcoin newcomer. I want to buy bitcoin but its really fucking annoying. I checked localbitcoin and all that's available is some local sellers charging silly amounts and you have to pay them with bank transfer. It takes up to 2 days and i even have to meet them personally in some cases. Is it really not possible to buy bitcoin in a more simple way? I feel like a drug addict searching for a dealer. There mus come up some ways to get it with credit card or paypal or moneybookers.
edit: i read the virwox shit edit2: i am european
submitted by Schizo-Vreni to Bitcoin [link] [comments]

How to buy Bitcoins with Paypal

So I know a lot of people have been asking about this (and so was I) so I finally found a way to buy Bitcoins with PayPal. The whole idea is to circumvent the direct purchase of BTC with Paypal with buying SLL (Second Life Lindens) and then exchanging them for BTC.
You can find the original post on my Facebook notes here:
If you want a short rundown of how it's done then here's the deal:
IMPORTANT: This process hold within it more transaction fees than usual. This may still be a valid solution since the soaring numbers of BTC compensate for this. It's important for you to be aware of the different transaction fees.
Step 1: Go to VirWox.
VirWox is an exchange of virtual currency, you can buy there Lindens, Bitcoins, and more...
Step 2: Open a free account
Click on the "not registered yet" to open up a new account.
Step 3: Fill out our personal details
Fill out your username and email address. Where it asks for "avatar name" just fill out any name you like it doesn't matter, since you're not going to play Second Life. Continue filling out all of the personal details and click "register".
Step 4: Activate your account
Once you clicked "register" you will get an email confirmation with an initial password. Open the email and log into VirWox with your initial password.
Step 5: IMPORTANT!!! Change your password!
After clicking the confirmation link it is advised you change you password as shown below since you will be transferring money through this site. Do not worry about the message saying "Your avatar connection has not been validated yet" - it is irrelevant.
Step 6: Fund your account through PayPal
Click on deposit on the left side and choose PayPal Express. Fund the account with how many USD you'd like.
Note: From now on for each transaction you will make there will be a fee - make sure you are aware of the relevant deposit and withdrawal fees
Step 7: Buy SLL with USD
Go to Exchange->USD/SLL on the left side. You can also go to any other currency you'd like. Buy SLL (which mean Second Life Lindens) . We will later on exchange these SLL to Bitcoins.
Note: If you haven't made a deposit yet you will get the screen shown above requestion you to deposit before you buy SLL.
Step 8: Buy BTC with SLL
Once you have SLL in your account, go to the BTC/SLL and buy Bitcoins with your SLL.
Step 9: Withdraw your Bitcoins
Choose "Withdraw" on the left side and send the Bitcoins to your wallet.
submitted by ofirbeigel to Bitcoin [link] [comments]

↑↑↑UPVOTE↑↑↑ Ask owners of & to add support for Reddcoin for Easy Way to Buy RDD!

Now that Reddcoin reaches more people on social networks than any other digital currency, we need to give them a simple way to buy Reddcoin directly with Fiat currency.
There are already two services selling Dogecoin directly for fiat currency, so lets ask them to add support for Reddcoin too.
They can simply start a new similar service for Reddcoin if they see lot of people asking for it!
Ask them here !!!
(╯°□°)╯ Post:
(╯°□°)╯ Post:
Current ways to buy Reddcoin: (from /reddcoin FAQs)
Reddcoins can be purchased for USD via the Prelude by Moolah exchange. Alternatively, another way to purchase Reddcoins is to first purchase BitCoins from an exchange that offers direct fiat to BitCoin conversions such as CoinBase or BitStamp. You then transfer your newly bought BitCoins to an exchange that offers direct BitCoin to Reddcoin conversions such as CoinedUp, then exchange your BitCoins for Reddcoins. e.g. $,€,£,¥ - BitCoins - Reddcoins You can also purchase Bitcoin instantly with Paypal/Visa/Mastercard on Virwox: . For a full list of exchanges that offer BitCoin to Reddcoin conversions, please view /Reddcoin’s sidebar
submitted by BTCillionaire to reddCoin [link] [comments]

My wonderful little Bitcoin story

I run a small part-time business from my couch where I sell an online game currency for $$USD. I usually have my buyers use paypal "send to family or friends" option, so that I'm protected against chargeback fraud. However, today was different. I had a buyer from Singapore want some of my online game stock.
What's different between regular paypal and singapore paypal, you ask?
My paypal (Canada):
His paypal (Singapore):
No "Send to family or friends" option for him.
Why? I did a google search and found that singapore's got laws against this option:
I can't risk my personal bank account getting frozen by taking the regular form of payment (chargeback fraud can do this to the seller) since I am the single income earner in my household. So I had to tell him that I can't provide for him...
A couple minutes later oh crap, bitcoin, of course!, rush back the to the computer and ask if he'd be willing to do that. He was! I got him setup on, and transfered some bitcoin to me. He wants to be a regular buyer from me so he's going to seek out better ways (less fees) to get bitcoins in Singapore in the future to deal with me!
<3ing bitcoin today.
tldr; Singapore paypal regulation is no problem for bitcoin.
EDIT: has since stolen all my bitcoins on their site (.5BTC) and "refunded" me $250 in paypal, essentially stealing a few hundred dollars from me. Not cool, don't deal with them if can help it.
submitted by ritherz to Bitcoin [link] [comments]

1 month after moving to a foreign country (China), I'm getting into bitcoin/cryptos, but having a hard time acquiring them. Questions and help appreciated!

As the title says, I picked the wrong time to get into cryptos. I was living in Canada until January, and just recently moved to China. Now that I'm looking to start acquiring bitcoins and other cryptos, I'm finding it difficult and wondering if anyone has any tips or suggestions to help me. China does not allow financial institutions to engage in Bitcoin trade, and merchants can't accept it as payment. You can trade it individually though, although that doesn't help me. It's difficult to set up a bank account in China as a foreigner, and I doubt I could link it up to an exchange if I could. I have my RBC account in Canada, but the current options, such as certified check or wire transfer have to be done in person. Currently I've tried:
I don't know if anyone else is in a similar position or has experience this, but any suggestions or help are GREATLY appreciated!
Edited for formatting.
submitted by NumbandDumber to BitcoinBeginners [link] [comments]

Made a mistake in transferring money need some help.

Hey Everyone,
I made a super dumb mistake and I don't know how to get out of it, and would really appreciate some advice.
I use the following method to purchase Litecoin:
Paypal > Virwox > USD > SLL > BTC > Transfer ot BTC-e > LTC
Sometimes Virwox puts a 2 day escrow on the transfer. In my case they did this. Im about 26 hours into the escrow time.
I made a stupid mistake and clicked the button to generate a new BTC code on BTC-e, so now the bitcoin address on BTC-e has changed.
Luckily Virwox keeps a history of the old bitcoin address in my transaction history, so I have that information.
What will happen? And what is the best way to make sure my money is not lost forever?
Thank You
submitted by guyonphone to litecoin [link] [comments]

Doge Puppies Like Me: Come hear my tail, such learning, much waiting, yet such sweet Wow.

NOTE: This is a summary of my experience with DOGE buying. I am new to the internet world, very luddite, but hope to learn more. I am sharing my experiences for any others out here like me, who may be just starting out. I am a stay at home mom who browses imgur while nursing, long story short, I stumbled on to the news article about the Jamaican Bobsledders. Then I started my research and last week I jumped on the Dogetrain, all starry eyed and bushy tailed.
I bought my first bitcoin on Virwox using my paypal account. It caps you at $104 USD. You then have to trade your Bitcoin for Linden dollars. Linden is currency from the Second Life, an Avatar game. After you make your linden trade, you can then trade your Linden for BTC. I ended up with around .111BTC, which isn't so great for $104 USD.
I next signed up for an account at Coinbase. At Coinbase I had to enter bank account information, and then I bought BTC. The great thing about Coinbase is that they lock in the market price when you place your order. Even though I haven't actually received my BTC for 4 days (still waiting) I was able to buy it at the low of $781 per BTC. I bought .3 BTC for the price of $237.
The next thing I did was pretty silly. I withdrew my BTC from Wirvox (paying .002 BTC withdraw fee) and transferred it into Coinbase. It took two (2) days for this transfer to take place. Once my BTC finally arrived at Coinbase, I realized I wanted to trade them for DOGE. Coinbase is ONLY for buying and selling Bitcoin. So, I had to transfer my BTC from Coinbase and into Cryptsy. Everytime you make a withdraw from one of these markets, you end up incurring some small fee. But if you are going around needlessly transferring BTC like I was, those fees add up. The transfer from Coinbase to Cryptsy took about a minute. Once at Cryptsy I traded my .111 BTC for around 65,000 DOGE. Next I transferred the DOGE into my Dogewallet that I had downloaded onto my desktop. This transfer took 24 Hrs. It kept saying, "pending" I issued a Cryptsy ticket asking what the hold up was and they responded promptly and fixed the problem by the following day.
I am still waiting for my .3 BTC I bought from Coinbase to stop pending, once it does I will transfer it into Cryptsy and again buy more DOGE.
I downloaded Dogecoin QT wallet for my desktop and transferred my Doge, this took around 12 hrs. The whole time I was stressing not sure what exactly I had downloaded onto my computer (a bug, a bomb?) But I googled and found out from reddit that this is a common issue with Dogecoin QT.
I have also bought 10,000 DOGE on Ebay for $20,000 from a very kind member of the Shibe community who showed me how to find my wallet address, transferred an initial 1 DOGE to make sure it worked, and then welcomed me kindly and gave me an extra 1000.
I also signed up for Doge Vault, and I have tested sending DOGE back and forth between my desktop wallet and the online wallet. The online wallet is faster in my opinion.
TL;DR: Newbie's experience with DOGE, learn from my mistakes.
Community Overlords of DOGE: this might give you an idea of what your average computer idiot goes through when they are starting out.
submitted by TheBigRedRooster to dogecoin [link] [comments]

Bitcoins in Australia

Wrote this with Australians in mind, but I suppose some of it applies widely enough. Been looking into buying Bitcoins in Australia. Harder than it should be, and have no idea why. Only seems to be two viable options for us.
CoinJar seems to be a pretty nice site for Australia, but requires an NAB account or to go into the branch. It only takes a 2% commission but also has an inflated price by about 3% to buy coins. So 5% ish all said and done. This seems to be the best rate for Australians. I haven't tried it yet, but it looks legit.
VirWox is nice and easy to do and can be done all online. Can buy SLL with PayPal and trade these to BTC. Took me 2 minutes to make an account and do trade. But they take a 3.5% commission straight off the bat for deposits. (PayPal also traded AUD to USD 3% under market rate) Deposited $50 USD via PayPal (57.40AUD), bought SLL, traded for BTC. Ended with 0.061BTC = $46.78AUD - all said and done about 20% commission. VirWox also limits deposits to about $120AUD/day
There are some other exchanges that you can do an international wire transfer for, which is both time consuming and costly.
Localbitcoins is available as well, but with prices starting at 8% above market price. (Except for 1 I saw below market rate, but I suspect they'd change their rates once you requested to buy.) These usually require a bank cash deposit anyway for first timers, so coinjar would be preferrable. MtGox price is a bad indicator at the moment, I used BitStamp - Current price, USD, $694.06
Hope this is helpful, if anyone has any other sites they'd recommend in Australia, let me know.
tl;dr Coinjar is good for australians to buy bitcoins, Virwox is easier but expensive.
submitted by eldore44 to BitcoinBeginners [link] [comments]

For anyone with a SecondLife account and wants to use paypal to buy BTC

I have been using [virwox]( to (essentially) buy bitcoins with Paypal. You deposit your USD with paypal or credit card or other method, then buy the Lindens (second life dollars). Then you can buy bitcoins with the lindens (SLL). This especially nice if you happen to have an old SL account with SLL just sitting there. And for anyone interested I have vouchers from virwox, if used when signing up gives us both 50 SLL (about $.20). They do have multiple fees and commissions though (Paypal, trading, withdrawing).
Edit: You don't need a Second Life account to buy SLL or bitcoins. But you can bypass their max deposit limit by buying lindens elsewhere and transferring to virwox.
submitted by tweaq to Bitcoin [link] [comments]

How to Buy Bitcoins via PayPal: 2 Safe and Easy Methods ... How to Buy Bitcoins with PayPal (Virwox Option) Bitcoin to Paypal - Sell Bitcoins through your PayPal ... How To Buy Bitcoin With PayPal Without Verification Or ID ... Bitcoin mit PayPal kaufen  Virwox

Well, frankly speaking, eToro is the easiest way to buy Bitcoin with Paypal. eToro obviously will sell you Bitcoin, but you will not be able to withdraw bitcoins to your wallet or transfer them to other peers, you will be able to claim them with only fiat currencies like US Dollars and Euro. Basically, it is a tool of investment, not a tool for online trading. 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. eToro eToro eToro. Unterstützt Bitcoin, Ethereum & 15 weitere Coins ; Schnell mit dem Handel beginnen; hohe Limits; Ihr Kapital ... Wenn Sie PayPal verwenden, um Bitcoin auf Websites wie eToro und VirWox zu kaufen, kaufen Sie Bitcoins tatsächlich auf der Website selbst. Das damit verbundene Risiko bestünde darin, sicherzustellen, dass Sie dabei nicht abgezockt werden. Bevor Sie Ihr PayPal für eine Transaktion verwenden, recherchieren Sie bei der Website, mit der Sie eine Transaktion planen. Insbesondere bei der ... Hindsight is 20/20, however, so before I transferred my tokens, I emailed VirWoX support to see if PayPal withdrawals had been re-enabled. Here is what I was told: Hello, Unfortunately, it looks as if PayPal no longer allows deposits to VirWoX, as they can be used to buy bitcoin. We are still negotiating about withdrawals, but cannot tell if ... How do I Buy Bitcoin with PayPal Summary. Ever since Virwox shut down its PayPal deposits in January 2020 it got really hard to obtain Bitcoins through a PayPal account. The two main methods that still allow you to buy Bitcoins with PayPal are eToro (for users who mainly wish to speculate on price and aren’t looking for access to the actual coins) and LocalBitcoins (for those who want to ...

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How to Buy Bitcoins via PayPal: 2 Safe and Easy Methods ...

This video shows you an option to buy purchasing bitcoin without verifications, using driver's license, or identification to purchase bitcoin with Virwox. Vi... Das Kaufen von Bitcoin mit PayPal ist recht kompliziert. Dieses Video hilft Dir dabei, Bitcoin mit PayPal über einen Umweg einzukaufen. Dafür musst den Zahlungsanbieter Virwox... How to Transfer Bitcoin To PayPal 2020 (Instant Exchange) Sell Bitcoin - Duration: 2:47. Bitcoin Tulz 14,221 views. 2:47. How to Buy Cryptocurrency with ZERO Fees! ELIMINATE COINBASE FEES! How to Transfer Bitcoin from Uphold Wallet to Ledger Nano S - Duration: 5:24. Rex Kneisley 6,964 views. 5:24. Buying Bitcoins with PayPal - VirWox - Better Don't ! - Duration: 4:43. ... Step 1: Go to and open a free account Step 2: Get your VirWox Bitcoin address by clicking "Deposit" Step 3: Go to Mt.Gox, Funding Options,...