How to Buy Bitcoin? The first thing you need to do is go to VirWox. VirWox is a world virtual exchange, which was originally installed in order to trade Second Life Lindens – virtual currency is also known as SLL. We are going to use VirWox as an intermediary in order to purchase Bitcoins with a credit card, since we will not be able to do it elsewhere due to several problems.
After you have logged into VirWox, you need to register. There is a link in the upper left corner that says “Not registered yet?”.
Then all you have to do is fill in your personal information. Where to request: “Avatar Name”, you can just leave “No Avatar”. The Avatar is taken from the Second Life of the game quick workouts, and you do not need to follow the link.
After you have entered all the information, you can simply click “Register”. Then, you will receive a message from VirWox with a temporary password. I strongly advise you to change this password, as you will transfer money through this site.
A few years ago it was impossible to buy bitcoins with the help of a bank (credit or debit) card. Now many companies accept payments for bitcoins on bank cards. Buying bitcoins with a bank card is a good choice if you need a small number of bitcoins, or they need you quickly how to buy bitcoin. However, buying a credit card is usually accompanied by a higher commission due to the high risk of fraud and a larger processing fee.
Once you receive this email, just log in to VirWox under your login and password. The first thing you need to do is to deposit a certain amount of money into your account. Just click on the link on the left “Deposit” and go to the PayPal Express Checkout section. There you can choose how much money you would like to deposit.
Note that there is a limit on the amount you can deposit, but this amount will increase over time (the exact amount is indicated on the main VirWox page). So, after entering the amount you want to deposit, just click on the “PayPal” button.
Now you will go to the PayPal payment page. If you have a PayPal account, you can simply log in and make a payment. However, if you do not have such an account, and you want to pay by credit card, you can simply click on the “Do not have a PayPal account?” Link.
Once you click on this link, you can just enter your credit card and put money on VirWox by credit card.
After you have made money, your VirWox balance in USD will be displayed at the top left. Now you can buy Bitcoins. The first step is to purchase SLL through USD. Simply go to SLL / USD and specify how much SLL you want to buy in accordance with the current conversion ratio.
In the picture above is not enough USD to buy SLL, but if you have followed all the steps correctly, you will soon see how many SLL you can buy to USD.
When you buy SLL, the balance will be displayed on the top left (in the picture you can see my balance on the top left). And now it’s time to exchange SLLs at BTC. Click the Exchange SLL / BTC exchange and just as SLLs, much as you would like.
After the transaction is approved (it can take up to 48 hours, but usually takes about 2 hours), you will see Bitcoins in your wallet. That’s it, it’s as easy as buying Bitcoins with a credit card.