Sunday January 14, 2018 - 17:35:22 GMT
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How to Get Your First Bitcoin Using PayPal
There is good news for you if you have been thinking about buying bitcoins using Payal. As we all know, forex is helping many people build and run empires online. Many people have also been wondering just how one can buy bitcoins using PayPal. If you are already here and have been considering doing the same thing, you are just a step away from your trading solutions. Being a difficult process, the following tips will guide you into getting bitcoins using your PayPal. Basically, this is one of the simplest and fastest processes.
Have you heard about Virvox? This is the one-stop online trading centre that allows people from across the world to easily trade in cryptocurrency. This site is especially ideal for you if you have set your mind on getting bitcoins. The best part is that you transact in bitcoins at no charge. You can read their review here.
Steps that will enable you get your bitcoins fast.
A PayPal account.
To be able to get bitcoins using PayPal, you need to have a PayPal account. You should consider signing up for a PayPal account if you do not have one. All you have to do is look up PayPal and sign up.
To sign up, you need your email address, password as well as to link your bank account and card information. After that, you can fund your account with the amount you would like to trade bitcoins with.
Most noteworthy is the fact that you can add money to your PayPal from your bank account, using your credit card, debit card and PayPal credit. Deposit the amount of money you intend to use to buy bitcoins.
Sign up for a Virvox account
Virvox is the fastest way through which you can get bitcoins. With a Virvox account, you will be able to accomplish much in little time. Note that you need Virvox to be able to get bitcoins using PayPal. This is because PayPal does not directly buy bitcoins for you. As a result, you need a Virvox account from where you can trade your USD with Second Life Lindens (SLL).
Signing up for a Virvox account is very easy. Look up Virvox and go to “Not registered yet?’’, feed in your personal details, and go to your email to check for a response from Virvox. You will then click on the link received in order to verify your Virvox account. You can then create a new password and change the existing one. Remember to use unique characters that consist of digits, lower case and upper case letters.
Transfer funds from PayPal to Virvox.
Having set up both accounts and ready, you can now transfer money from your PayPal account to your Virvox account. To begin with, log in to your Virvox account and go to your left sidebar and click on deposit. You will then scroll down and select to deposit with PayPal. Afterwards, you will feed in the amount you want and then check out with PayPal. In your PayPal account, confirm that the amount you have selected in your Virvox is correct and confirm your account balance considering that Paypal charges a $0.30 fee per deposit plus 2.9%.
Trade the amount with Second Life Lindens
As already highlighted, you can only buy bitcoins via PayPal through Second Life Lindens. In your Virvox account, scroll down to ‘exchange’ on your left sidebar. Click on your preferred currency depending on whether you are using USD or EUR. Feed in the amount and click on “BTC/SLL’’ in order to complete the order.
Get your bitcoins!
At this point, you will also enter the number of bitcoins you want. In a matter of seconds, you will see your balance in bitcoins! This is how fast and easy PayPal can help get bitcoins.
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