In this video you will learn how to buy bitcoins with a credit card.
VirWox will be used as a mediator in order to purchase Bitcoins with a credit card. VirWox is a Virtual World Exchange which was originally setup to trade Second Life Lindens – a virtual currency also known as SLL
Here is an basic summary: Purchasse SLL with a credit card, then we will exchange SLL for Bitcoins.
Go to www.virwox.com
Click on the "Not registered yet" link
Enter all the information necessary.
You can leave the Avatar Name as the default value: "No Avatar"
Click on the Register button
Check your email inbox to retrieve your temporary password.
As soon as you login you can reset your password by clicking on the "change your password" link.
After choosing a new password, click on the "Change Password" button.
Click on the Deposit button
Several different payment options are available like paypal and credit card.
In this example we will show you how to proceed with a credit card.
Enter your payment details and click the "Pay" button.
Enter your mobile number and click "Send the code"
Enter the code sent to your phone and click "Confirm code".
Click the "Back to merchant" button.
Navigate to the USD SLL Exchange
This exchange allows you to trade dollars for Second Life Lindens.
Click the "Next" button to place a market order.
To confirm your order, click the "Place Order" button.
Navigate to the Bitcoin SLL Exchange.
This exchange allows you to trade Second Life Lindens for Bitcoins
Click the "Next" button to place a market order.
To confirm your order, click the "Place Order" button.
In order to continue you will need a bitcoin wallet.
For more information on different bitcoin wallets available you can visit bitcoin.org
The next step is to withdraw to your bitcoin address.
Copy your bitcoin address and click on the "Withdraw" link.
Enter the amount of Bitcoin you want to withdraw, paste your Bitcoin Address, and click the "Request Withdrawal" button.
A manual review will be required by VirWox after this step for new accounts. This can take up to 48 hours.
You will receive an email confirmation when the withdrawal has been processed.
Now you are finally done. You can access your bitcoin wallet and verify the withdrawal is complete.
If you want to see how to create a Bitcoin Wallet online, check out this video:
https://www.youtube.com/watch?v=s-hBJ...