You are welcome to my VirWox Review (Updated on 31st of December 2019).
Is VirWox a scam? Can you make money with Virwox?
Do you want to buy Bitcoin with Paypal, credit or debit card? Yes, it is possible through VirWox.
You are in the right place, where there is no restriction on countries or regions.
The rise in the use of virtual currencies has led to an increase in the number of trading platforms where different types of cryptocurrencies can be obtained.
One of such online platform that offers customers the opportunity to procure any of these innovative currencies is VirWox, a currency exchange establishment based in Vienna, Austria.
In this very delicate financial terrain where we have over 67 cryptocurrency exchange companies across the world, the trustworthiness of an exchange company is the most important feature sought after by prospective customers.
VirWox is one of the few online companies that guarantee genuine Bitcoin exchange services that are not laden with fraudulent practices and incompetence.
You can instantly buy Bitcoin with PayPal, credit or debit card in Virtual World Exchange called VirWox.
Virwox Shutting Down By January 6th, 2020
VirWox exchange will be closing down to business and members from January 6th, 2020. The Bitcoin exchange warned its members, associates, and affiliate of its decision to close down to business in an email to all the stakeholders.
The mail stated that there would be no more access to the platform after that day. Every user is warned and also invited to retrieve and withdrawal their funds before this day.
VirWox started the Bitcoin exchange business in 2007. The website is well known for the ability to be able to buy and sell Bitcoin (BTC) with PayPal, Debit, and credit cards.
The site claimed to have over a million registered members.
Message Displayed on Virwox
It is important to note that Bitcoin exchanges are closing down in recent times. Virwox is the third Bitcoin exchange to be going down in past days.
This is why it is not safe to keep your Bitcoin on any Bitcoin exchange.
It will be great for you to have your Bitcoin and other cryptocurrencies protected by any of the Best Crypto Hardware Wallets.
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What is Virwox About?
VirWox can be easily described as the home of virtual currencies because it offers exchange services for prospective clients that are seeking any of the validated Internet payment tools.
Linden Dollar and Bitcoin form a major constituent of its financial transactions, with both already regarded as base currencies of the Internet.
Linden Dollar, which is an important component of VirWox exchange services, was developed by Liden Lab and is used as a payment tool in their virtual creation, Second Life.
VirWox, however, uses this currency in an innovative way that helps hasten the process of acquiring more universally acknowledged cryptocurrencies.
Bitcoin still mildly frowned upon by the world’s leading financial institutions, transactions that orchestrate the procurement of the virtual currency is usually monitored by the regulation agencies burdened with the task.
VirWox, however, has intelligently devised a way through which the transactions of its large clientele remain obscure to these agencies.
By first converting the fiat currencies of its customers to Linden Dollars, the exchange company is able to protect its clients from intrusion and easily facilitate the purchase of other virtual currencies.
The Linden Dollars in a client’s account can be used to acquire Bitcoins of its equivalent value, or it can be converted to any of the conventional currencies if that is what the customer desires.
This transaction is not monitored by any agency because the jurisdiction of any country ends when the initial currency is converted to Linden Dollars.
How to Buy Bitcoin in VirWox.
When a customer wishes to purchase Bitcoin from the currency exchange platform, he or she must first convert the fiat currency (USD, EUR, GBP, and CHF) into Linden Dollars in order to set the simple process in motion.
This is done by placing an order to sell the value of the base currency for its equivalent in Linden Dollars, which can then be used to procure a corresponding amount of Bitcoins.
VirWox works like most currency exchange platforms, with its currencies linked in pairs to meet the peculiar needs of each of its customers.
A client with an account that is in Euro will, therefore, have to sell the Eur/SLL pair to receive the corresponding amount in Linden Dollars, and will have to do the same thing to the SLL/BTC pair to get the Bitcoin equivalent of the base currency.
Method of Payment on VirWox Platform
One of VirWox’s pleasant features is the comprehensive list of flexible payment methods that are available on its platform.
Both the deposit and withdrawal of funds can be carried out with smooth ease irrespective of the type of fiat or virtual currency being processed.
This is one of the fewer exchanges where you can buy Bitcoin with either your PayPal, Credit, Debit or Prepaid cards, and this is an instant purchase.
The best thing I like about this site is that the exchange rate is displayed for everybody to see before you can now decide to transact.
How to Buy Bitcoins With Credit Card
The process of buying Bitcoin with a credit card has been made even less stressful by VirWox, yet the security measures that help protect sensitive data belonging to customers remain uncompromised.
With just a few clicks and a flexible verification process, a VirWox account can be credited with funds.
VirWox funds can also be withdrawn straight into a customer’s local bank account although a confirmation process is needed before the withdrawal can be completed.
Buying Bitcoin With PayPal Instantly
With PayPal being the Internet’s number one payment tool, it has become VirWox’s most effective payment method.
While it is difficult to purchase Bitcoin with PayPal on other currency exchange platforms because the renowned payment system doesn’t approve of the cryptocurrency.
Completing a PayPal transaction on VirWox is hassle-free since the company has taken necessary measures and circumvented loopholes to optimize the use of this pioneering Internet tool.
Buying Bitcoins from most online currency vendors is a very rigorous process that usually requires the submission of some form of Identification.
With VirWox, however, one can have a Bitcoin request processed in no time and without any additional payments or verifications.
Is VirWox Worth It?
What do you think of my VirWox Review? You now know how to buy bitcoin with Paypal, Credit or Debit Card through VirWox, no matter which country you are from.
Can you still make money with Virwox? Or Is Virwox a Scam?
From experience, it is better and more economical to buy Bitcoin on this platform than any other exchange online.
Most especially if you are targeting other Altcoin and you aimed to buy Bitcoin with your Paypal, Credit or Debit card, and prepaid cards.
You can also leverage making margin and start making money with bitcoin in the process. It pays to visit VirWox and purchase your Bitcoin and then you can go and exchange for any of your choice of Altcoins.
What is your take and what do you think of buying Bitcoin with PayPal, credit or debit card in VirWox? Kindly drop your opinion in my comment area below. I will definitely get back to you.
It is great to meet you finally. John is my name, and I'm the owner of Amazing Profits Online. I am a Full-Time Affiliate Marketer at Wealthy Affiliate, a community that teaches anyone to earn a full-time income online with their own passion-driven online business. No Credit Card Is Needed. It is FREE to Join. You can also Click here to get to know more about me.