Buy Bitcoin with PayPal - this is how it works

Bitcoins can be bought either via a detour with PayPal or on some platforms directly. For this purpose, you can use the platform paxful, for example. For exchanges, on the other hand, VirWoX is a good choice, as it specializes in exchanging virtual currencies.

How to buy Bitcoin with PayPal

Usually, most people buy Bitcoin through trading platforms like Coinbase. This is easy, as the bitcoins purchased are immediately deposited into the wallet. Payment via PayPal is not possible here. The reason for this is the PayPal buyer protection. This allows you to cancel payments. This has often been exploited with cryptocurrencies. Nevertheless, other platforms such as paxful offer payment via PayPal.

About VirWoX you can buy BitCoin

Alternatively, the website VirWoX (Virtual World Exchange) offers itself. You buy Linden Dollar from the online game Second Life there. Acquire Linden Dollar, pay with PayPal and then exchange the Linden Dollar for Bitcoin.

1. Register on VirWoX.
2. You will receive an email with your temporary password within 24 hours.
3. Click on "Deposit" under "My Account" and scroll down the page to the field "PaylPal Express Purchase".
4. Enter the desired amount. Anschließend werden Sie zu PayPal weitergeleitet. Melden Sie sich dort an und bestätigen Sie Ihre Transaktion.
5. Nun haben Sie ein Guthaben auf dem VirWoX-Konto. Um dieses Guthaben in Linden Dollar (SLL) umzutauschen, klicken Sie auf „Euro/SLL“.
6. Jetzt tauschen Sie das Guthaben in SLL in Bicoin um. Hierfür klicken Sie auf den Button „BTC/SLL“.