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Thursday 30 July 2015

How to convert Bitcoin to Paypal money ?

Exchange Bitcoin for Paypal $



Do you want to exchange your bitcoin for Paypal $ ? It is not easy to buy / sell bitcoin with paypal because of chargeback option in paypal . But you can buy/sell your bitcoin with ease using www.virwox.com . I'll explain here how to buy  bitcoin using paypal money , if you want to sell bitcoins and want to withdraw in your paypal just do these things backwards.


What you need :

In oreder to buy/sell bitcoin with virwox.com you need these -
  • You need a virwox.com account - signup for one account 
  •  A Paypal account - If you have one that's good if you don't have then signup by visiting Paypal.com . (Note : your paypal account must be verified )

How to buy/sell Bit-coin using  virwox .

I'll explain here step by step . I am going to tell you how to buy bitcoin with paypal but if you want to convert your bitcoin to paypal $ then you can reverse this process .
  1. Log in to your virwox account
  2. Click on "Deposit" in the left side manu.
  3. Sellect following option
  4. Pick the currency you want to deposit eg. EUR , USD , CHF , GBP (I picked USD for this post) .
  5. Enter the amount you want to deposit in text box - this amount is subject to a limit based on how much old your account .
  6. Click on checkout paypal button and complete the transaction
  7. Now you will see this message                
  8. Click on USD/SLL under the  EXCHANGE menu to the left side ( SSL stands for Second Life Linden )
  9. Fill the amount of USD in text box that you want to spend and click on next to place an order .  
  10. You will see this message                                  
  11. Now click on BTC/SLL under the Exchange menu
  12. Enter the amount of BTC you want to buy in text box ( minimum you can buy 0.02  BTC worth approx 5 USD ) and click Next button and place an order .
  13. Order will be processed now look at account balance you'll see your BTC there .
  14. Now click on withdraw under Myaccount menu to the left side .
  15. Fill the amount of bitcoin you want to withdraw and enter your bitcoin address  then click "Request Withdrawal".
  16. Your withdrwals will be processed instantly , after some confirmations . But as a new user 1st and 2nd time you do it , It may take up to 48 hours until they verify your virwox account otherwise it's all instant process .
Login to your bitcoin wallet you'll see your bitcoin there , in my I case I withdrew my BTC to block chain wallet .

Note : If you want to sell your bitcoin and want to cashout then do these same things backwards.

If you think this post helped you then please share it with your friend it may also help him .
Thanks for reading :)

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