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Tuesday 11 June 2013

How to buy Bitcoins with credit/debit cards, paypal, moneybookers and so on

UPDATE January 2020:
VirWox will stop its operations in January 2020. Our recommendation is to use the German exchange Bticoin.de

 
One of the tricky parts of bitcoin industry is how to get your hands on bitcoins. You are probably already aware about large exchanges like Mt. Gox and BTC-e, but none of these offers fast methods of buying BTC using your credit card or your neteller/paypal/moneybookers account.

Most of the times they only offer bank transfers which will last for days. Below you can find a method of buying bitcoins with any of the following methods:


Credit/Debit Cards
PayPal Express Checkout
Sofortbanking
paysafecard
Ukash
Skrill (Moneybookers)
NETELLER

Furthermore it will take less than 5 minutes before getting your bitcoins after you paid with your credit card or with your paypal/moneybookers account.

You need to do the following 5 steps:


Go to Virwox and register your account.
Add funds to your account via PayPal or  any other preferred method.
Buy Second Life  $ (SLL) with the USD / EUR deposited.
Buy Bitcoin with your second Life $ (SLL).
Finally send your Bitcoin to your wallet.


You need to go through Second Life Linden $ because direct trading from USD / EURO to Bitcoin is not possible in Virtual Exchange.

Watch the below video to see how you can buy bitcoins with paypal or credit cards from Virwox.

An alternative to buy and sell bitcoins using only your bank account is to use the service provided by bitcoin.de.


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