Post
Topic
Board Beginners & Help
Re: how to get bitcoins with credit card
by
BitcoinPimp
on 15/04/2013, 07:25:58 UTC
Virwox.com accepts credit-cards, but you can not buy BTC directly. You will first need to buy "Linden Dollars" with your credit-card on Virwox, then use Linden Dollars to buy the BTC.

But beware, it will make you lose abit money due to "slippage". They charge percentage of purchase in fees, and since you need to buy Linden Dollars and then buy BTC, the sales fees will effectively be doubled.

Also, you need to pay attention to BTC prices there. The BTC price can be up to like 25-50% higher than on MtGox.

But hey, if someone who reads this got BTC to sell, that means you could make a few quick bucks!

I have used Virwox myself for a long time and they have a stable and reliable service. They are located in Europe, Switzerland.

If you choose wire-transfer they are very fast! I have sent several wire-transfers to them since I am located in Europe myself, and every time I did wire-transfer, I got my money into my virwox-account within 24 hours. (I always sent the wire between 8am and 9am the day before just to point that out)

Beware tho, Virwox may decide to "quarantine" your bitcoins in order to avoid credit-card charge-backs/fraud. So do not expect to get your bitcoins into your local wallet very quick, unless you decide to fully verify your identity sending ID papers etc.