VirWoX (closed)
VirWoX (closed)
As previously announced, the Virtual World Exchange (VirWoX) has permanently closed its business on January 6, 2020.
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.
Enquiries can still be sent to
If you came here to buy or sell Bitcoin, we would like to recommend BitPanda instead.
Legal Information
VirWox exchange review 2021 | Features, fees & more
Details
Product Name
VirWox Virtual Currency Exchange
Fiat Currencies
EUR, USD, CHF, GBP
Cryptocurrencies
BTC
Deposit Methods
Credit cardDebit cardOKPAYPayPalSOFORT
Trading Fee
2. 5-20%
Deposit Fees
PayPal: Fees vary
Credit/debit card: Fees vary
Skrill: Fees vary
SOFORT: 2. 5%
paysafe: 20%
Other: None
Withdrawal Fees
Cryptocurrency: 0. 0005 BTC per withdrawal
PayPal: 1 EUR (1 USD, 1 CHF, 1 GBP) + 2%
Other: 1 EUR (1 USD, 1 CHF, 1 GBP)
Sam Bourgi is a contributing writer to, where he specializes in financial markets. He has spent the past nine years focused on economics, markets and cryptocurrencies. His work has been featured in and cited by some of the world’s leading newscasts, including Barron’s, Yahoo, CBOE and Forbes.
Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. Please check with providers if their services are available in your state.
Which fiat and cryptocurrencies are supported? Supported fiat currencies:
Supported cryptocurrencies:
1 cryptocurrencies
Which payments methods are accepted? Credit card
Debit card
OKPAY
PayPal
SOFORT
The Austrian-based VirWox was established just before the cryptocurrency revolution to enable users to trade SLL and other online gaming tokens. Since venturing into bitcoin in 2011, VirWox has become a popular method for buying bitcoin through PayPal. Technically, the platform only supports the exchange of bitcoin for Linden Dollars, which is the virtual currency used in the online virtual world Second Life. You can get around this by first purchasing Linden Dollars and then using them to buy bitcoin. To buy bitcoin with VirWox, follow this process: Deposit money into your account via PayPal. Purchase SLL on the first currency exchange (i. e. SLL/USD). Buy bitcoin with your newly purchased SLL on the BTC/USD exchange. Withdraw your is available worldwide. VirWox charges 50 Linden Dollars (about $0. 20) plus 2. 9% for bitcoin/Linden Dollar (BTC/SLL) market orders. The fee for limit orders depends on volume but generally varies between 0. 78% and 3. charges 0. 001 BTC for bitcoin withdrawals. Deposits in bitcoin are security reasons, bitcoin withdrawals are subject to manual review, which usually slows the withdrawal process. This is especially true for new accounts. VirWox typically delays your first bitcoin withdrawal by 48 security reasons, VirWox restricts deposits made through PayPal. The limits (in euros) are outlined below. The levels seem to coincide with the number of days since your first successful deposit. This means you’ll work your way up the levels the more you use the 0Level 1Level 2Level 3Level 4Limits in EURImmediatelyAfter 10 daysAfter 30 daysAfter 60 daysOn requestPayPal/Skrill depositsPer 24 hours901202004001, 000PayPal/Skrill depositsPer 30 days2709002, 0004, 00010, 000There are no limits on combat fraud, VirWox takes a very conservative approach to safeguarding its platform. For this reason, many account holders have been banned from using the other exchanges, VirWox asks for a modest amount of personally identifiable information, with a promise to keep the details website purposely avoids giving too much detail about its security policy. However, given that accounts are merely password protected, they may be less secure than those of other platforms which utilize two-factor mpare alternatives to VirWox
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BTC, BCH, BSV, ADA, DOGE, EOS, ETC, FIL, XLM, ZEC & 50+ more
Deposit method
Bank transfer (ACH), Debit card, PayPal, Wire transfer, Apple Pay
Trading fee
Fees vary
Withdraw fees
Instant Card Withdrawal: Up to 1. 5% of the transaction plus a minimum of $0. 55
Outgoing Wire Transfer: $25
Fees vary by location and payment method.
BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM & 15+ more
Bank transfer, Credit card, Debit card, Neteller, PayPal, Online banking, Skrill
Fees vary. Overnight and weekend fees apply
US$5 (minimum withdrawal of US$50)
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VirWox has a lengthy FAQ section that can guide you through account setup and help you troubleshoot any issues that you encounter. Customer support and even the managing director can be reached through osOne of the oldest exchanges dealing with virtual currency and bitcoinThe ability to buy bitcoin through PayPalGood privacy standardsConsHigh fees when compared with other platforms Negative reviews over high fees and seemingly random account bansBland user interfaceFirst you need to consider the features and decide whether you want to be a purchaser. If you’re ready to get started with VirWox, simply visit the website, register using the “Registration” page and login within 24 hours. You can change your password using the “Change Settings” are now ready to open an account and fund it with the currency you want to member, you must first buy Linden Dollars before you can purchase bitcoin. Once you get the hang of it, the process is fairly straightforward.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators’ websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
VirWoX // Buy and sell bitcoins using credit cards, debit cards …
VirWox will shut down in January 2020
We regret to inform you that we will stop to offer our service after January 6, 2020.
Please make sure that you have finished your trades and withdrawn any remaining funds well before 11am Central European Time on Jan. 6, 2020. After that time you will not be able to access the account!
We for trading bitcoins we recommaned the German Exchange Kraken
How to buy BTC via VirWoX
If you are looking to buy Bitcoins in a 100% safe manner using standard payment methods like credit cards, debit cards, e-wallets (skrill, paypal) or vouchers (ukash) you are in the right place.
What you need to do:
Go to Virwox main site and register your account.
Add funds to your account via PayPal or any other method that is supported by them.
Buy Second Life $ (SLL) with the money that you deposited.
Buy BTC with your SLL.
Send bitcoins to your wallet
You need to go through Second Life Linden $ because direct trading from USD / EURO to Bitcoin is not possible in Virtual Exchange.
Watch the below video to see how this is done.
Please open a VirWoX account if you want the best exchange rate by trading on the exchange, or trade other virtual currencies. Virwox also accepts Russian and Chinese users that want to buy bitcoins. More details for Russian customers here More details for Chinese customers here
How to sell BTC via VirWoX
If you are looking to sell Bitcoins in a 100% safe manner and then get the fiat using standard payment methods like credit cards, debit cards, e-wallets (skrill, paypal) or vouchers (ukash) you are in the right place.
Do you have some bitcoins that you want to sell and then get the money fast to PayPal, Skrill, Neteller or directly on card? The easiest solution is to use the services from Virwox.
Virwox is a very well known and reliable marketplace for SLL (Second Life Linden Dollars) which also support BTC currently.
Go to Virwox main site and register your account
Go to Deposit section and choose to deposit your bitcoins in your account. Note that bitcoin is the only method that has zero fees!
Sell your bitcoins for SLL
Buy EUR/USD using your SLL
Go to withdraw section and select your preferred withdraw method
Please open a VirWoX account if you want the best exchange rate by trading on the exchange, or trade other virtual currencies.
News
2013-12-07: SOFORTbanking now also available in France, Italy, Poland and Spain
As a result of our partnership with SOFORT AG, you can deposit money directly from your bank account
into your VirWoX account and have it credited immediately. All you need is an online-enabled bank account in
Germany, Austria, Switzerland, Belgium, the Netherlands, and now also in France, Italy, Poland, or Spain.
You do not need a credit card, nor do you need to register for using the service.
More details can be found here.
2013-06-16: Over 100, 000 registered users; Over 30 Billion L$ exchanged!
Today we passed a number of important milestones at the same time:
We were able to welcome our registered user number 100, 000.
Also, we have traded over 30 billion Linden dollars,
emphasizing our position as the leading independent exchange for trading Linden dollars.
In addition, we have traded already 200 million Avination C$.
2013-01-12: Strong Growth in 2012
We look back to a very successful year 2012, in which VirWoX
strengthened its position as the leading independent exchange for
trading Linden Dollars.
Compared to 2011, the number of registered users rose by 56%, from 43, 388 to 67, 572.
Trading volume grew even faster, from 5, 896 million Linden Dollars in 2011 to 9, 609 million Linden Dollars in 2012 (+63%).
Our partners also profit from this positive development, as the referral fees paid through our
VirWoX Partner Network and Currency Shop Program are growing constantly.
About 9 million Linden Dollars have been paid to our partners in 2012.
2012-10-19: Important changes regarding bank deposits
We have changed the procedure for bank deposits. Instead of
specifying your username or avatar name, please send us your unique
customer code in the note field of your bank wire.
This helps to increase the speed and reliability of processing your deposit.
You can find your customer code near the bottom of the Deposit
page, together with our bank account numbers.
IMPORTANT: Our bank account at Deutsche Bank is no longer available.
Please use only the bank accounts listed on the Deposit page.
2012-10-15: paysafecard now accepted also from Canada, Croatia, Hungary, and Turkey
VirWoX is now certified to accept this anonymous prepaid card also also from our customers from above countries.
paysafecard is available from 450, 000 sales points in 32 countries throughout the world.
Click here to find an outlet near you.
2012-10-05: New payment method: Ukash
With Ukash, you can pay cash and anonymously fund your VirWoX account. No credit card or bank account is needed.
Just enter the 19-digit PIN code found on your Ukash voucher.
Find out where to get Ukash at
2012-09-19: Multi-Factor Authentication (MFA)
Multi-factor authentication increases the security of your VirWoX
account.
If enabled, your account is protected not only by your username and
password, but also by a one-time-password (‘MFA code’) generated by an
‘MFA token’.
We recommend Google Authenticator
for Android, iPhone, or Blackberry devices, and
Authenticator for Windows phones.
Other tokens conforming to the standards OATH HOTP (RFC 4226) or TOTP (RFC 6238) should work, too.
More news
Users
currently online:97
registered:248, 780
Trading Volume (SLL)
24 hours:76, 221, 394
30 days:2, 689, 844, 910
total:60, 563, 471, 148
Trading Volume (ACD)
24 hours:13, 400
30 days:8, 438, 441
total:252, 206, 372
Why use VirWox
VirWox is the only currency exchange that is fully licensed to operate with virtual currencies. Unlike other bitcoin-only exchanges, VirWox has a much grater expertise into this business as it is operating as an exchange for Second Life dolars for over 7 years.
The methods that allows you to handle your cash are much more diversified and you can use standard methods like Paypal, Skrill, Ukash or credit/debit cards. You can both buy and sell bitcoins and get your cash to your preferred method.