ᐅ The only way to buy Bitcoin with Paypal - Banking on Bitcoin

How to Buy Bitcoin with PayPal

How to Buy Bitcoin with PayPal
In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.

How to Buy Bitcoins with PayPal through eToro

Pros: Accepts a variety of payment methods, low fees
Cons: Not available in the US
eToro is a platform that allows users to buy bitcoins with PayPal and is considered to be one of the easiest methods to do so. Worthy of note is that eToro does not enable users to withdraw or transfer bitcoins to other users, rather it allows users to sell Bitcoin only for fiat currency. Users do not need a bitcoin wallet to use eToro as they do not store any coins.

How to Buy Bitcoin with PayPal through VirWox

Pros: A reliable method
Cons: High fees
VirWox (Virtual World Exchange) – It is a platform that allows trading of digital currencies such as Lindens, Bitcoins, etc. This exchange has more than 400,000 registered users and is an authorized reseller of Second Life Lindens (SLL).
Here is a step-by-step guide taking you through VirWox:
  • Go to VirWox.com
  • Open an account – login to Virwox, register and fill personal details like username, email address, etc. Skip when asked for “avatar name” and enter all other necessary information and click “register”.
  • Activate an account – a confirmation email is sent to your account with a password. Login to Virwox with these credentials. It is advised to change the password before transferring money.
  • Deposit money through PayPal – to do this, ensure you have an account with PayPal and ‘understand terms of service’ allowed by PayPal for using SLLs to buy bitcoins. Deposit money into Virwox account via PayPal. Now you have a balance in your VirWox account to purchase coins with.
  • Go back to VirWox and buy SLL, and then buy bitcoins with your newly purchased SLL. Click “withdraw” to send your new bitcoins to your wallet. That’s it! Now you own Bitcoin!
VirWox charges fees for each transaction such as exchanging USD for SLL and then exchanging SLL for BTC. The fee structure of VirWox changes constantly so keep an eye on this every time you want to make a transaction. VirWox has been in the market for a long time and is currently the most reliable platform.

How to Buy Bitcoin with PayPal through Local Bitcoins

Pros: Various sellers from all around the world
Cons: High fees, chances of scams
Local Bitcoins is another marketplace where buyers and sellers meet. In this method, users can buy bitcoins with PayPal by finding a suitable seller with an excellent feedback score and large trade volume. Trading with new buyers involves higher risk, so sellers charge buyers high fees – keep that in mind!
  • Enter search parameters – go to Local Bitcoins and select your country and choose the amount to be purchased.
  • Choose a seller – a list of sellers is displayed by Local Bitcoins. Choose a seller who has a good feedback score. Each seller has trade limits which range from a minimum to a maximum amount of bitcoins required to trade.
  • Go to Payment window – buyer’s reputation increases per transaction and sellers prefer to sell bitcoins to buyers with a good reputation to avoid becoming a victim of fraud.
  • Complete the trade – after finding a suitable seller and entering the quantity of purchase, click “Send trade request” and your done!

How to Buy Bitcoin Using PayPal through Wirex

Pros: Normal fees
Cons: Withdrawing funds takes more than a week
Wirex is a leading company that provides virtual and physical bitcoin debit cards (which is just like a normal debit card). Users can use Wirex’s card to buy bitcoins with PayPal.
  • Request for a new physical/ virtual debit card from Wirex – login to Wirex and click on “request new card” and choose the card type. Users can use both physical and virtual cards to buy bitcoins via PayPal.
  • Link debit card details to PayPal account:
    • In PayPal account, go to “wallet”, select “add a card” to add your virtual bitcoin card. A minimum of $3 is required in PayPal account to verify this card.
    • A 4-digit code is generated, which is the verification pin for Wirex cards on PayPal.
    • Go to “wallet” and click “Withdraw funds” and choose “withdraw funds to your card” option.
    • Withdrawal would take up to 7 days to appear in Wirex account.
    • Buy bitcoins with Wirex debit card.

How to Buy Bitcoins Using PayPal through Paxful

Pros: Wide range of sellers from all over the world
Cons: Chances of scam, high exchange rate
Paxful is the latest version of Local Bitcoins. It is a decentralized peer to peer marketplace and allows users to buy bitcoins with Skype credits, Amazon gift cards, etc. In Paxful, a seller sends bitcoins, buyer purchases and sends dollars to escrow. Once the trading is completed, funds are released to each party.
The process to buy bitcoins through Paxful is:
  • Create an account
  • To buy, select payment method by entering the desired amount
  • To sell bitcoins, select “seller manually” or allow Paxful to decide who the best seller is.

Final Thoughts…

Cryptocurrencies are tentative, complex and involve high risks as they are highly volatile. Before buying bitcoins through PayPal, ensure that the terms and conditions of PayPal and bitcoins are well – understood to make your transactions secure.
Source: CryptoCurrencyNews
https://preview.redd.it/3ripk7pccui11.png?width=983&format=png&auto=webp&s=027e30696faa3bb18ad0d012cea1d88cda09dc67
submitted by Lumi_wallet to LumiWallet [link] [comments]

Trading DOGE: Your full guide to trading Dogecoin for profit

NOTE: YES! This guide is long, but when you get started it's fast and easy.
Hi everyone,
my previous post about PTC's got so much hate. So I decided to make a full guide on how I made $120 last month. If the same interest and numbers remain you'll be making $100/month for two months, and $500/month for another month. On your third month, you'll be able to make over $750 if the market remains. These last couple of days I've just bought low sold high to people. The steps are really simple and anyone can do it, I'll show you all the steps in detail for maximum profits.
Disclaimer: I am not responsible for your money or actions. Any accusations to me (Rynsi) will not be accepted, use it on your own risk!
1. Introduction
2. Get started with Dogecoin
2.1 Install your wallet
3. Choose trading sources
3.1 USD/BTC
3.2 BTC/DOGE
4. Where to sell Dogecoin?
5. Good advise
6. Summary
7. Proof of Screenshots for the naysayers
8. Links
1. Introduction
I started trading Dogecoin (I'll talk about this coin soon) 5th of February, and saw a great potential in making money with it. With this guide, you'll make 15%-30% of your money back with each trade because the current market is limited, therfor YOU can provite this service that many people request. I started with $72 and now have $220, which makes my ROI 205.5%. I will show you how it's made step by step before it blows up and become viral!
2. Get started with Dogecoin
You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars). By far the most popular use the Dogecoin however is for "tipping" fellow internet-goers who are creating or sharing great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet.
2.1 Install your wallet
To start using Dogecoin, you'll need a wallet. A wallet is just like your online bank account, only your entire account is stored securely on your local computer or in the cloud. From your wallet you can send and receive Dogecoin, manage your address book and review a history of your transactions.
Desktop wallets can be downloaded and run from your computer's desktop. Desktop wallets are more secure as they don't rely on a third-party server in the cloud:
Windows (click to download)
OS X (click to download)
Source code(if you're using Linux, you'll need to compile the wallet yourself)
For Windows and OS X users, simply extract the .zip file to a secure location on your computer, then double click on "dogecoin-qt" to run. For information on how to use your desktop wallet, check out this great site.
3. Choose trading sources
You know now how to get a Dogecoin wallet, but you will need to get an online wallet to save USD on, one exchange site to trade USD to BTC and one to trade BTC to DOGE. It might sound a lot to do in the startup phase, but it's really easy once you get going!
3.1 USD/BTC Exchange
There are a lot of options when it comes to buying BTC, but for now VirWox is the only one that accepts PayPal and VISA purchases. You can choose many different kinds of sites that accept USD/BTC trades, that is another story that is another story to be told. VirWox has a limit of depositing $780 per month, but after 60 days you can deposit $2800 per month, so trading as much as possible will be the best thing to do if you want money.
USD Storage: PayPal
USD/BTC Exchange: VirWox (ref / non-ref)
To deposit dollars with (VERIFIED) PayPal to VirWox, you need to be a verified user. This is to prevent frautend actions such as chargebacks and instant payments. The deposit will be instantly made after you complete the order and you can start trade. To trade, you first have to buy SLL with the USD on your account [!!!WARNING!!!] USE LIMIT ORDER and NOT market order.
Now do the same, but with the SLL/BTC exchange. I repeat, do NOT use the market order. Use LIMIT ORDER to get as much BTC as possible.
You have now successfully completed a USD/BTC exchange!
3.2 BTC/DOGE Exchange
This step is almost similar to the previous Exchange, but this step is only with Crypto-currency (read Bitcoin and Dogecoin).
BTC/USD Exchange: Cryptsy (ref / non-ref)
To exchange to BTC, you need to withdraw your BTC from VirWox to Cryptsy. This is made in the Cryptsy balance page, where you can generate a BTC deposit adress. Unfortunately, you have to wait 48 hours the first time for VirWox to accept your deposit manually due to security reasons, all the other transactions in this guide will be almost instant.
Now when you have BTC on your Cryptsy account, you have to do the same as you did with USD/SLL and SLL/BTC, really easy! When you have traded to DOGE, your downloaded Desktop Wallet comes in handy. Deposit the DOGE from Cryptsy to your Desktop Wallet and you're ready to go to the next step!
4. Where to sell Dogecoin?
This is a great surprise I have waited to tell you, you use REDDIT to sell Dogecoin! It's really easy to do. Go to /dogemarket/new and see what the current prices are. You can sell for the same price as others, undercut for faster sales or overcut for slower sales (but bigger profits!). You structure the post by [SERVICE] AMOUNT RATE PAYMENT TYPE (SPECIAL OFFER). Here is an example, my last post where I sold Dogecoin. If you follow my conversation in that post you will see how typical trades are being made.
When you have traded the Doge you can make a post on the /dogemarket verification thread where you achieve levels that will be shown for other users through your flare. Notice the orage flares, those indicate level of trades, age and amount you have traded. These are good for noticing legit and fake users, but always be of scammers!
5. Good advise
A. Only accept GIFT (friends and family option) from (VERIFIED) PayPal, DO NOT accept eChecks or transactions that has to be accepted first. eChecks and Instant payments can be chargebacked and gifts will prevent this from being possible.
B. If you have reached VirWox deposit limit, wait a while to see how the BTC/DOGE market is going. You might make some extra 1000's of DOGE if you wait a while.
C. Always be nice and kind to the DOGE community, they are really friendly, patient and polite, be so too!
D. Try to be fast in your transactions on /dogemarket, good service equals good reviews.
E. PEOPLE WILL TRY TO SCAM YOU! Always check for names including "shibe" or "doge" and new accounts.
F. Have fun! If you have fun trading and communicating with other people on Reddit, you will enjoy yourself and have a better time making money.
6. Summary: A step by step guide to make $100+/month
(and $500+/month after 60 days if market remains)
Download your dogecoin wallet.
Sign up to PayPal, VirWox and Cryptsy.
Add money to your (VERIFIED) PayPal account.
Deposit the money to VirWox.
Exchange money to SLL.
Exchange SLL to BTC.
Withdraw BTC to Cryptsy.
Exchange BTC to DOGE.
Withdraw DOGE to Desktop Wallet.
Make a post on /dogemarket.
Recieve PayPal money from buyer.
Send Dogecoin to buyer.
7. Proof of Screenshots for the naysayers
PayPal Proof
VirWox Proof
Cryptsy Proof
Desktop Wallet Proof
As if you haven't seen the whole iceberg, here is my reddit verification post
8. Links
Dogecoin Promotional video(a must watch)
Dogecoin Subreddit
Dogecoin Official website
Bitcoin Subreddit

Bitcoin Official website

This is my first guide: making over $100/month with a $72 investment. When your VirWox account is 60 days you'll make $500/month and when your VirWox account is 90 days you'll make $750/month (if market remains as it is).
I think it's a big effort by me trying to teach you how to make money, so I would really appreciate you using the referral links. If you find any errors in my guide, please don't hesitate to tell. I will be answering any questions regarding my guide as good as possible doesn't matter if you comment or PM.
I'm accepting any donations,
DHKzSsCVpv5QuJvHxWKENH9SKC3S58raBx
Thanks.
TL;DR Wanna be rich? read.
Edit: Formatting
submitted by Rynsi to beermoney [link] [comments]

PSA-Only you can help prevent Bitcoin scamming. Please upvote for visibility. I receive no karma for this post.

I just wanted to make sure to let everyone know that there are a couple of active attempts to scam you, the users of /SilkRoad, out of money.
Some red flags:
Some specific scam sites:
I think we're doing alright killing the spam/scam comments when we see them, but it makes it much easier for us when you report them. Please don't just downvote. On a related note, please don't report people for being dicks. That's still not against the rules. If it were, I'd've been banned ages ago.
I'm sorry if some of this seems like common sense to you. I just wanted to help get this information out there for those of you who are still a little new to this.
We put together an FAQ with some links to resources on how to get Bitcoin all over the world:
http://www.reddit.com/SilkRoad/wiki/frequentlyaskedquestions#wiki_how_can_i_buy_bitcoins.3F
EDIT:
I almost forgot to mention the most recent creative attempts. A user called SR_Support has been PMing users claiming to represent SR. The user solicits a deposit for you to be considered for a job handling trouble tickets for SR. Needless to say, this is a scam. Thankfully, I don't think that one has worked at all.
submitted by RacistConspiracy to SilkRoad [link] [comments]

A guide to using Silk Road, specifically for /r/UKtrees

Hey all, I’ve seen a few posts on here asking about using Silk Road to purchase trees. I’m not an expert, but I have used it successfully a few times now, so I figured I’d write a guide to help anyone out.
1. Getting on Silk Road.
Silk Road exists on what is commonly referred to as the ‘Hidden internet’, or ‘Deep Web’; Websites on the hidden internet are not indexed and thus not accessible by regular search engines or DNS lookups. You can do more research on this if you want - to be perfectly honest, I don’t understand it entirely - but you don’t need to.
To access Silk Road and the rest of the Hidden Internet, you need to download a piece of Software, called Tor. This software allows you access hidden websites via a regular browser window. Just head to Tor’s Website and click the download. Once the files are downloaded, unzip and click Start Tor.
To head to Silk Road, enter the following address silkroadvb5piz3r.onion
You’ll need to make an account, this is pretty straight forward. (Make sure you remember your pin. You don’t need it when logging in, but you do need it when confirming transactions. Also, your pin doesn’t actually have to be a ‘pin’, mine is just another regular password)
Note: Due to the nature of the Onion network/service, it’s quite slow. And a busy site like Silk Road can be even slower. So, it may be that you have trouble connecting. If it doesn’t work, hit refresh a couple of times, and then just try again later. I usually have better luck in the morning 9pm-12pm and late evening 10pm-4am
2. Bitcoin.
Bitcoin is a decentralised peer 2 peer based currency. Essentially, it’s an untraceable and anonymous currency. Purchasing Bitcoin can be a little tricky, there are a number of ways to do it.
There are exchanges such as MTgox and Intersango, and many direct Bitcoin purchasing sites such as Bitstamp, and BitInstant. The problem with many of these sites is they operate outside of the UK, and as such getting money into them can be tricky. They tend not to accept debit credit cards, and often require bank transfers via IBAN. However, banks will often charge you a fee for using IBAN (I know Natwest charges £10).
These websites will allow you to deposit money into your account, and then place orders to convert that money into Bitcoin.
Other easier websites are Virwox, and Block Chain.
With Virwox, you first need to convert currency into Linden Dollars (SLL) (a currency used in the game Second Life) then into Bitcoins. However, Virwox does not allow for fractions of bitcoins, which means you can easily end up being just shy of a full bitcoin and having ‘worthless’ SLL. One nice thing about Virwox is that they accept UKash vouchers. So if you want no trace of your purchases, you can go buy UKash vouchers at any Paypoint and then deposit those.
Block Chain used to only be depositable via Barclay’s Pingit, but has since opened up regular bank transfers, I found this worked really well the last time I used it, so I’d recommend it.
You can also buy bitcoins in person by searching on Local bitcoin. In addition, there are also people selling Bitcoins on Ebay, but very overpriced, so I wouldn’t recommend that.
There are a tonne of places to buy bitcoin, some accept cash/cheques in the mail as well. You can always find more by googling.
3. The purchasing process.
You need to send your purchased Bitcoins to your SR account, you can find your bitcoin address under ‘Account’ at the top of the screen. It can take a few hours for the transfer to take place.
Once in your account, you’re ready to purchase, simply find whatever it is you wish to buy, click add to cart, and then head to the checkout. Select a postage method for your items and click go to confirm the postage.
Now, you need to input your address and your pin.
Now, you might have heard of PGP encryption by this point, it’s a form of public/private key encryption used on SR to protect the addresses of its users.
For this, I’m just going to steal mr_kyitty’s guide from this thread.
  1. Get gpg4win, install, and open 'GPA'
  2. Now you need to make your own key. Go to Keys>New Key, and follow the prompts. Use a fake name/e-mail. Before entering a passcode, write it out (the longer the passcode, the better, and you have to enter it every time you encrypt something). Once that's done, you have your own key.
  3. Import the seller key from the seller page. To do this, copy the public key from the page, paste it into a blank notepad file, and save the file. Then click 'Import' in GPA and load that file. You now have that seller's public key.
  4. To encrypt your address, open the clipboard in GPA and type in your address. Click encrypt, select the seller's public key, and in the lower box, check "sign" and select your own key. Then you will be prompted to enter your passcode. Once complete, copy the block from the clipboard and paste it into the address box on the shopping cart page.
I’d like to add, that you don’t need to ‘sign’ the encryption. What this does is allows the seller to verify that you are the actual sender of the message. However, I’d argue this isn’t entirely necessary, as it will also require you to post your public key somewhere.
Click to confirm the transaction, and that’s the order placed.
It will now show up under your ‘orders’ section. You’ll notice an option to ‘finalize’.
Silk Road uses escrow, i.e. they hold your money when you place an order, and when the order is confirmed to have gone through (after x days) the money will be sent to the vendor. You can Finalise early, by clicking the finalise button and sending them their payment. It’s common courtesy to do this once your item has arrived. If an issue arises, you can click resolve, and attempt to claim a refund/resolve the issue. I don’t have any experience with this so I’d recommend you search /silkroad for advice if you need assistance on resolving a matter.
Some vendors might ask you to finalise early before they will send your order. Now, this is actually against Silk Road policy, but its common for vendors to ask for this from first time buyers. Personally, I would say just don’t do it. You never know what’s going to happen. But generally speaking, a vendor's reputation is probably worth more than your particular order, so the risk of being 'ripped off' is low.
Still, I wouldn't recommend it.
4. Additional Comments
Do I recommend it for weed?
I started using SR Last year after I moved back home from Uni, because I no longer had a dealer. Personally, if I had a choice, I would choose to buy from a dealer every time. SR is a lot of hassle, so I wouldn’t recommend it for your general Eighth or quarter, unless you have no other connection (as is unfortunately the situation for me).
However, there are a variety of strains and products available, ranging from hashes to oils to edibles, so some of you might like to have those options.
In terms of price, I’d say it’s fair. A lot of Weed vendors will have a standard strain that they’ll sell for a (roughly) standard £20/eighth. You will generally be spending a little more given the nature of the process.
Is it risky?
In terms of general legal risk, you can't control what people send to you. If there's no record of you having bought it (Which there isn't, buying bitcoins is not a crime) then you should be fine. In terms of 'Will I get scammed risk' - it's just like ebay, people value their reputation. Buy from high repped vendors, and you should be fine.
Anyway, that’s all folks, I hope you’ve found this helpful. If you have any questions, leave a comment, and I’ll do my best to help you out.
Also, if any other more experienced SR users have noticed any mistakes or things I should alter in this guide, please leave a comment and let me know, and I’ll make the necessary amendments.
And here are some other great subreddits which you may also find useful.
/SilkRoad - For everything Silk Road. /Bitcoin - For everything Bitcoin. /onions - For everything hidden internet.
submitted by Rosetti to uktrees [link] [comments]

Trading DOGE: Your full guide to trading Dogecoin for profit!

NOTE: YES! This guide is long, but when you get started it's fast and easy.
Hi everyone,
my previous post about PTC's got so much hate. So I decided to make a full guide on how I made $120 last month. If the same interest and numbers remain you'll be making $100/month for two months, and $500/month for another month. On your third month, you'll be able to make over $750 if the market remains. These last couple of days I've just bought low sold high to people. The steps are really simple and anyone above 18 can do it, I'll show you all the steps in detail for maximum profits.
Disclaimer: I am not responsible for your money or actions. Any accusations to me (Rynsi) will not be accepted, use it on your own risk!
1. Introduction
2. Get started with Dogecoin
2.1 Install your wallet
3. Choose trading sources
3.1 USD/BTC
3.2 BTC/DOGE
4. Where to sell Dogecoin?
5. Advice
6. Summary: A step by step guide to make $100+/month
7. Proof of Screenshots for the naysayers
8. Links
1. Introduction
I started trading Dogecoin (I'll talk about this coin soon) 5th of February, and saw a great potential in making money with it. With this guide, you'll make 15%-30% of your money back with each trade because the current market is limited, therfor YOU can provite this service that many people request. I started with $72 and now have $220, which makes my ROI 205.5%. I will show you how it's made step by step before it blows up and become viral!
2. Get started with Dogecoin
You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars). By far the most popular use the Dogecoin however is for "tipping" fellow internet-goers who are creating or sharing great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet.
2.1 Install your wallet
To start using Dogecoin, you'll need a wallet. A wallet is just like your online bank account, only your entire account is stored securely on your local computer or in the cloud. From your wallet you can send and receive Dogecoin, manage your address book and review a history of your transactions.
[Here are many good links that let you pick the right Dogecoin Wallet of your needs.

](http://dogecoin.com/get-started)

3. Choose trading sources
You know now how to get a Dogecoin wallet, but you will need to get an online wallet to save USD on, one exchange site to trade USD to BTC and one to trade BTC to DOGE. It might sound a lot to do in the startup phase, but it's really easy once you get going!
USD Storage: PayPal
USD/BTC Exchange: VirWox
3.1 USD/BTC Exchange
There are a lot of options when it comes to buying BTC, but for now VirWox is the only one that accepts PayPal and VISA purchases. You can choose many different kinds of sites that accept USD/BTC trades, that is another story to be told. VirWox has a limit of depositing $780 per month, but after 60 days you can deposit $2800 per month, so trading as much as possible will be the best thing to do if you want money.
To deposit dollars with (VERIFIED) PayPal to VirWox, you need to be a verified user on PayPal (check their site for more information). This is to prevent frautend actions such as chargebacks and instant payments. The deposit will be instantly made after you complete the order and you can start trade. To trade, you first have to buy SLL (VirWox own currency) with the USD ypu deåpsoted on your account [!!!WARNING!!!] USE LIMIT ORDER and NOT market order.
Now do the same, but with the SLL/BTC exchange. I repeat, do NOT use the market order. Use LIMIT ORDER to get as much BTC as possible.
You have now successfully completed a USD/BTC exchange!
3.2 BTC/DOGE Exchange
This step is almost similar to the previous Exchange, but this step is only with Crypto-currency (read Bitcoin and Dogecoin).
BTC/USD Exchange: Cryptsy
To exchange to BTC, you need to withdraw your BTC from VirWox to Cryptsy. This is made in the Cryptsy balance page, where you can generate a BTC deposit adress. Unfortunately, you have to wait 48 hours the first time for VirWox to accept your withdrawal request manually due to security reasons, all the other transactions in this guide will be almost instant.
Now when you have BTC on your Cryptsy account, you have to do the same as you did with USD/SLL and SLL/BTC, really easy! When you have traded to DOGE, your downloaded Desktop Wallet comes in handy. Deposit the DOGE from Cryptsy to your active Wallet and you're ready to go to the next step!
4. Where to sell Dogecoin?
This is a great surprise I have waited to tell you, you use REDDIT to sell Dogecoin! It's really easy to do. Go to /dogemarket/new and see what the current prices are. You can sell for the same price as others, undercut for faster sales or overcut for slower sales (but bigger profits!). You structure the post by [SERVICE] AMOUNT RATE PAYMENT TYPE (SPECIAL OFFER). Here is an example, my last post where I sold Dogecoin. If you follow my conversation in that post you will see how typical trades are being made.
When you have traded the Doge with another user you can make a post on the /dogemarket verification thread where you achieve levels that will be shown for other users through your flare. Notice the orage flares on the /dogemarket subreddit, those indicate level of trades, age and amount you have traded. These are good for noticing legit and fake users, but always beware of scammers!
5. Advice
A. Only accept GIFT (friends and family option) from (VERIFIED) PayPal, DO NOT accept eChecks or transactions that has to be accepted first. eChecks and Instant payments can be chargebacked and gifts will prevent this from being possible.
B. If you have reached VirWox deposit limit, wait a while to see how the BTC/DOGE and USD/DOGE market is going. You might make some extra Dollars if you wait a while.
C. Always be nice and kind to eachother, we are really friendly, patient and polite!
D. Try to be fast and reliable in your transactions on /dogemarket, good service equals good reviews.
E. PEOPLE WILL TRY TO SCAM YOU! Always check for names including "shibe" or "doge", impersonators and new (0 day old) accounts.
F. Have fun! If you have fun trading and communicating with other people on Reddit, you will enjoy yourself and have a better time making money.
6. Summary: A step by step guide to make $100+/month
(and $500+/month when VirWox account is 60 days old, and $750+/month when your VirWox account is 90 days old, if market remains of course)
Download your dogecoin wallet.
Sign up to PayPal, VirWox and Cryptsy.
Add money to your (VERIFIED) PayPal account.
Deposit the money to VirWox.
Exchange money to SLL.
Exchange SLL to BTC.
Withdraw BTC to Cryptsy.
Exchange BTC to DOGE.
Withdraw DOGE to Desktop Wallet.
Make a post on /dogemarket.
Recieve PayPal money from buyer.
Send Dogecoin to buyer.
7. Proof of Screenshots for the naysayers
PayPal Proof
VirWox Proof
Cryptsy Proof
Desktop Wallet Proof
As if you haven't seen the whole iceberg, here is my reddit verification post
8. Links
Dogecoin Promotional video(a must watch)
Dogecoin Subreddit
Dogecoin Official website
Bitcoin Subreddit

Bitcoin Official website

This is my first guide: making over $100/month with a $72 investment. When your VirWox account is 60 days you'll make $500/month and when your VirWox account is 90 days you'll make $750/month (if market remains as it is).
I think it's a big effort by me trying to teach you how to make money, so I would really appreciate admiration in the comments. If you find any errors in my guide, please don't hesitate to tell. I will be answering any questions regarding my guide as good as possible doesn't matter if you comment or PM.
Thanks.
TL;DR (18+) Go to point 6 and use the search function if you want to make money
Edit: Formatting
submitted by Rynsi to dogecoin [link] [comments]

Hey, I'm a 15 year old looking into buying Bitcoins

Around my school I have heard of kids mining bitcoins early making thousands of dollars and one friend even invested into 3 and a half bitcoins at the price of 30 dollars and now selling them at 900. I was wondering if there is any advice I should take in buying for the long run not only for the investing, but in hope of many providers offering bitcoin as an option in the future. I currently do not have a bank account and was wondering how else I could buy some. I have around 1 grand cash on hand from working around the neighborhood and running an online minecraft server. I found that one could use paypal to buy bitcoins but the commission on them was terrible for the 50 dollars I invested and only received 42 dollars in actually worth of bitcoins at the moment on http://www.virwox.com/, so this way does not seem perfect for me. Connected a bank account seems like a last resort because my parents do not seem to trust connecting a bank account. Risking larges sums of money and they do not quite grasp the concept bitcoin has, although my dad wants to learn. Overall any information would help! Thanks in advance.
submitted by World_Chaos to Bitcoin [link] [comments]

Help accepting BTC as payment?

Hi guys - I searched and looked through the FAQ but it looked like more of those answers were geared towards actual businesses/storefronts that want to accept bitcoin. If you all could help, that'd be great.
So far, I've only dealt in cash sales (locally through friends/friends of friends/etc). Well, someone suggested I start accepting bitcoin. I have the basic understanding of bitcoin down, but what I don't understand is how to accept. So I have a few questions. I should add that I'm going to venture into the darknet markets. Nothing illegal, but I'm not making a HUGE sum of money and what I'm selling would probably serve better there. No need for POS systems or anything like that (Imagine a craigslist type service, using an etsy style "merchant", that accepts btc) Here's the questions:
  1. I'm using Armory for my wallet. Do I need to generate a new key for every transaction? I read somewhere that accepting multiple transactions through the same wallet might not be good for the security of that wallet. I'm not getting TONS of purchases (maybe 10 daily in person and I'd probably get 15-20/week online). Will I need to send each online transaction a different wallet key?
  2. There's no way to withdraw funds once a transaction has been submitted, right? As in, I can't get cheated out of a product AND the funds? How will customers feel about that? I don't want them to think they aren't going to get the product. But I don't have a "proof of purchase" or anything like that.
  3. How do I go about exchanging the btc for usd? Do I just sell through coinbase/virwox or something? I don't want to have to explain transactions. Since coinbase is linked to a bank account, will coinbase know where those btc transactions came from/what they were for?
I guess I'm asking "how to stay anonymous using bitcoin/exchanging bitcoin to usd without raising suspicion".
Any help/guidance is awesome. Thanks. And sorry for the stupidity - just having some trouble.
submitted by HeyMonkeyBee to Bitcoin [link] [comments]

Bitcoin to Paypal - Sell Bitcoins through your PayPal account Virwox SCAM Buy and sell Bitcoins anonymously: Short tutorial on cryptoexchanges without ID or limits Using Virwox To Withdraw Money From BTC-e How To Buy Bitcoin With PayPal Without Verification Or ID Using VirWox

The peer-to-peer bitcoin exchanges offer anonymous ways to buy and sell bitcoin with numerous deposit methods. LocalBitcoins is the most popular and is considered the best in this type of exchange, due to it having almost every type of payment imaginable. We have showed you different options of how to sell BTC online and P2P, you can also sell bitcoin instantly using a bitcoin ATM or transfer money to your PayPal account using the VirWox platform. And now it’s up to you to make a decision. VirWoX operated for more than 12 years, first as a place to buy and sell Linden Dollars for Second Life, and since April 2011 our users also traded Bitcoin. That made VirWoX the world's oldest Bitcoin exchange after MtGox closed in 2014. We wish to thank our more than a million customers for their loyalty in all these years. VirWoX is not really a Bitcoin exchanger. VirWoX originally functions as a market for Linden Dollars, a currency used in the virtual world of Second Life . Although you cannot buy Bitcoins directly with PayPal, via VirWoX it is possible to buy Linden Dollars (SLL) and sell them for Bitcoins. Making a payment with PayPal to buy bitcoin is a great way to make money with VirWox. While it is difficult to purchase Bitcoin with PayPal on other currency exchange platforms because the renowned payment system doesn’t approve of the cryptocurrency.

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Bitcoin to Paypal - Sell Bitcoins through your PayPal account

King Bitcoin Doubler 269,657 views 5:25 How To Pay Off Your Mortgage Fast Using Velocity Banking How To Pay Off Your Mortgage In 5-7 Years - Duration: 41:34. virwox : https://www.virwox.com?r=272061 btc bit coins bitcoin miner bitcoin to euro bitcoin wiki bitcoin mining bitcoin wallet btc usd bit coin buy bitcoin ... Step 9: Move your Bitcoins to VirWox using the Bitocin deposit address (step 7) Step 10: Buy USD / EUR with you Bitcoins at VirWox Step 11: Withdraw your USD / EUR to your Paypal account. Step 2: Get your VirWox Bitcoin address by clicking "Deposit" Step 3: Go to Mt.Gox, Funding Options, Withdraw funds, Enter the amount you want to sell and your VirWox Bitcoin address (This ... Money Laundering 101 💰 How Criminals Use Bitcoin To Hide Illegal Money ... How To Buy Bitcoin With PayPal Without Verification Or ID Using VirWox ... How to Buy or Sell Bitcoin Cash ...

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