We can both agree on this: Buying bitcoins with PayPal is hard and confusing.Luckily, today we'll show you how easy and fast it can be.We've put together the complete guide on how to convert PayPal to bitcoin.We'll get into the tutorial soon.First, understand this: VirWoX is the easiest and most popular way to buy bitcoins with PayPal.VirWoX is the workaround/hack discussed in this guide.It's not super simple, but yes it really works and is the best way to buy bitcoin with PayPal today.We suggest using the exchanges listed below or doing research before buying from any exchange.Many exchanges are simply trying to steal your passwords and personal information!We do research on every exchange we list and are very careful not to include scam exchanges on our site.Chapter 2 VirWoX: The PayPal to Bitcoin Exchange VirWoX Buy Bitcoin Here’s what’s funny:Technically, VirWoX is not a Bitcoin exchange.VirWoX primarily serves as a market for Second Life Lindens, a currency used in the virtual world, Second Life.Although you cannot buy bitcoins with PayPal directly through VirWoX, it is possible to buy Second Life Lindens (SLL) and then sell these for bitcoins.

While complex, this process works reliably.The major drawback is that all the associated fees total roughly 10%.buying bitcoin vancouverA quick step-by-step guide on how to buy bitcoins with PayPal on VirWoX exchange: Deposit dollars or euros using PayPal to VirWoX exchange.Purchase "Second Life Lindens" with your USD or EURBuy bitcoins with your "Second Life Lindens"Withdraw the BTC to your own Bitcoin wallet!bitcoin football bettingThe easiest and perhaps only reliable way to purchase bitcoins with PayPal or Skrill Convenience at a price; around 10% in fees to buy bitcoins with PayPal Buy Bitcoin Note: You may need to wait a couple days after opening a VirWoX account before you can deposit money.litecoin 2011After your first deposit, future deposits can be made instantly.litecoin calculator year

Your initial buying limit is $90 per day or $270 per month, although these limits grow quickly with time!bitcoin maker claim free btcBefore we start: You'll need a Bitcoin wallet to withdraw your coins to after you buy.bitcoin getting segwitDon't have a wallet?das bitcoin buchRead our guide on the best Bitcoin wallets.bitcoin paypal comparisonRecommendation We understand: The 10% fees are crazy high for buying bitcoins with PayPal.kurs bitcoin 2015Were you buying with a PayPal account connected to your credit or debit card?Then just buy bitcoins with your credit card or debit card directly!The fees are much lower and you'll get your bitcoins faster.

Still want to buy BTC with PayPal?Keep reading and we'll show you how!Chapter 3 Tutorial: Buying Bitcoin with PayPal on VirWoX Here are step-by-step instructions to help make buying BTC with PayPal easier: 1.Open an account on VirWoX From the home page, click on “Not registered yet?” 2.Enter the details for your account Now you’ll enter your details in order to create an account.Don’t get confused by the section titled “Link to avatar”.You can leave this untouched.Check your email At this point, your account has been created.A temporary password will be emailed to the address you provided in step two.This password is temporary and MUST be changed.If you don’t change this password within 24 hours your account will be deleted.We show you how to change your password in the next step.Change your password Once you login with your temporary password, click on “Change settings” in the left sidebar.Create a new password Enter a new password.Make sure you choose a strong password, since you're dealing with money!

Deposit from PayPal Once you’ve changed your password, click on “Deposit” in the left sidebar.Deposit and select amount Scroll down a bit to find the option to deposit with PayPal.Enter the amount you want to deposit on the left and then click the “Checkout with PayPal” button.Login to PayPal Sign in to PayPal.Note on the left side that I'm depositing $2.This is the amount I chose back in step 7.If this amount is not what you chose, go back and enter a new amount.Verify account balance If you followed PayPal’s directions successfully, you should now see a balance in your VirWoX account.Note that the amount displayed in your VirWoX account may be slightly less than the amount you entered in step 7.This is because PayPal charges a 2.9% + $0.30 fee per deposit.After this, click on “USD/SLL”.If you deposited with Euro then click “EUR/SLL”.Trade USD for Second Life Lindens Remember how we said you’ll have to buy Second Life Lindens and then trade those for bitcoins?Well, now we’re buying the SLL.

In this step you need to sell the USD you deposited from PayPal and get SLL.Enter the amount of USD you want to sell.Complete order You can see in the top left of the image below that I now have a balance in SLL.If you now have SLL, that means everything has gone well.Now click on “BTC/SLL” in the left sidebar.Now we’re going to exchange our SLL for bitcoin.Trade SLL for BTC The process is the same here.Simply enter the amount of BTC you want to buy and click “Next”.You should now see your balance in BTC displayed in the top left of the screen.You’ve successfully bought bitcoin with PayPal.Recommendation Did you just buy bitcoins?Don't store your bitcoins on VirWoX!Move them into a Bitcoin wallet that you control.Chapter 4 Frequently Asked Questions If you're still a bit confused, that's okay.Buying bitcoins is hard and that's why I built this site.The FAQ section below should answer all of your remaining questions.Jordan Tuwiner Is using VirWoX really the fastest and best way to buy bitcoins via PayPal?

Unfortunately, yes: PayPal bans its users from selling bitcoins for PayPal funds.Even if sellers were allowed to accept PayPal for bitcoins, the risk of fraud and chargebacks would be too large and premiums/fees would likely be higher than VirWoX.One way that may be better is if you are able to find a local dealer at a Bitcoin meetup.If someone you trust is willing to sell you bitcoins directly for PayPal, this a good option.Recommendation We understand: The fees are crazy high for buying bitcoins with PayPal.As a PayPal merchant, can I accept bitcoins?There have been rumors of Bitcoin integration for PayPal merchants.At this time, however, this is still no way to accept bitcoins through PayPal's merchant tools.Does PayPal Accept Bitcoin as a Deposit Method?You can't fund your PayPal account using Bitcoin from within PayPal.However: Using an exchange like Coinbase you can sell bitcoins to your PayPal account.Can I Buy Bitcoin with PayPal on Coinbase?No, you can only sell bitcoins from your Coinbase account TO PayPal.

Introduction PayPal to Bitcoin Exchange PayPal Buying Tutorial Frequently Asked Questions VirWoX Review Avoid Scams Is There a PayPal Bitcoin Wallet?There have been rumors that PayPal has been planning Bitcoin integration.Even so, PayPal still has not integrated Bitcoin with its services.Is there a VirWoX Review I can read?We've put together a complete review of VirWoX.To read it, click here.Can I Buy Bitcoin with PayPal No ID?VirWoX does not require ID to purchase although you may be required to use a verified PayPal account.Paxful is a LocalBitcoins type service that also allows people to buy bitcoin with PayPal.We don't list it here, though, since VirWoX is the main method we can recommend for now.recommendation Do you want to buy bitcoins more privately?Try buying bitcoins with cash instead.Should I leave my bitcoins on the exchange after I buy?We really recommend storing any bitcoins you want to keep safe in a wallet you own.Many Bitcoin exchanges have been hacked and lost customer funds.

If you don't want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.Can you sell bitcoins to PayPal?As mentioned above, you can use Coinbase in the USA and some of Europe.The fees for selling bitcoins to PayPal are 3.75% using Coinbase.You can always reverse the process explained in this post, but that comes with the same crazy 10% fees.Chapter 5 VirWoX Review Payment Methods Accepted On top of PayPal, you can use the hack above to buy bitcoins using other methods like Skrill or Paysafecard.Here is a complete look at all methods and currencies VirWoX accepts: 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 accepted payment methods are credited to your account immediately.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.Customer Support VirWoX offers support via email: [email protected] Chapter 6 Theft, Scams, and Storage If you get one thing from this article let it be this: Don't store your bitcoins on exchanges!!!I've been buying bitcoins for more than three years.I've never lost any money to scams or thefts.Follow the guidelines in this article and you'll be able to do the same.Jordan Tuwiner Here are two examples where users got screwed by leaving bitcoins on exchanges: Bitfinex hack where users lost $70 million Mt Gox where users lost $450 million or more And there are many more I could list.

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.Besides storage, there are many scam exchanges out to steal your credit card information and/or bitcoins.Following these two basic principles should help you avoid theft, scams, and any other loss of funds: Do research before buying on any exchange.Check reviews, ratings, and regulation information.Don't store coins on the exchange.Already mentioned above but worth repeating.Secure Bitcoin Hardware Wallets: Ledger Nano S KeepKey TREZOR Ledger HW.1 Bonus Chapter How to Buy Bitcoin with PayPal on LocalBitcoins We don't recommend buying bitcoins with PayPal on LocalBitcoins.The prices are much higher than VirWoX and the limits usually lower.With LocalBitcoins, the fees are even worse as the premium is about 20% compared to the global Bitcoin exchange rate.Plus another 1% charged by LocalBitcoins!Another difference is with LocalBitcoins you are dealing with an individual seller rather than a marketplace.You will also need a verified phone number connected to your LocalBitcoins account.

To start, login to LocalBitcoins and then enter your buy amount and PayPal as the payment method: You should now see a list of sellers willing to accept PayPal.Note that when I wrote this guide, the price of Bitcoin was $1,000 so the prices are mostly even more than 20% above the market rate!Click on one of the sellers and you'll see a page like this: In the example above, you can see the buyer's limits on the left side (25-100 USD).On the right, the buyer has laid a number of rules and requirements for your PayPal account.This buyer, for example, requires that you send a picture of your photo ID, have a verified PayPal account, and also send a selfie holding your ID.VirWoX does not have any of these requirements.Also, most sellers on LocalBitcoins do not sell to residents of New York.Note, you can also check a seller's feedback and history.Click on the username on the right side and a new tab will show that looks like this: This seller has 3,000+ confirmed trades so your transaction would likely go through smoothly.