VirWoX

Hey so basically I vaguely remember someone referring me to use VirWoX or something that sounded like that. The website he adviced me to use was able to exchange Bitcoins into PayPal immediately, or the other way around, without any fees. Would VirWoX be the website I'm looking for? Has anyone ever used it? Is it trustworthy?

 

i heard the fees are very high actually

 

I am the highest tier of buyer on there with the highest buy limit per daily, as the other user said...the fees are very high. It is very convenient though for some users because it allows you to purchase there token via Paypal and then you use your tokens to exchange into BTC. The way they get you is you pay a fee for the conversion of Paypal--->TX Token, then they charge you a conversion for TX Token---> BTC, then they also charge you to cash out the BTC to your wallet. Overall I think its about 7%, gets lower as you purchase more on a weekly basis to get your limits increased.

For some people its worth it to get there hands on BTC, but there are most definitely better ways and cheaper routes to get some BTC. I personally got a paypal debit card and use that for all of my BTC purchases so it takes out of my paypal balance.

 

Mmm are there any better options for swapping Bitcoins into PayPal without any big fees?

 

Getting a paypal debit and linking it to coin-base and just purchasing from there straight through your paypal account. That is by far the cheapest method your gonna find for paypal to BTC, unless you buy from a person directly and pay there fees.

Circle used to be the fastest method, but they got rid of the BTC add-on so I am gonna say Coinbase with a Paypal Debit.

 

Mmm I'd rather keep my current PayPal account actually. Thing is I get Bitcoin donations and I have to process those via PayPal, so basically I keep getting Bitcoins which I want to exchange in PayPal. Guess that's gonna be hard.

 

Wait, so you HAVE BTC, and you WANT paypal money? If that's the case....You can find tons of people to purchase for market or even above market rate for paypal.

You can also deposit into your coinbase account, sell it(Will take about a .75% fee), and then withdrawl that directly to your paypal which will take up to 7 days. But if you really want to get rid of BTC, Localbitcoins.com has some great trusted buyers for market value, either that or just sell it to someone trusted here on the market.

 

Thanks, appreciate the help.