With this Tutorial you are going to be able to Buy Bitcoins with PayPal or Credit Card within minutes.
Following are the details and instructions to buy bitcoins with Paypal or Credit Card. As you know major Bitcoin exchanges and seller don’t accept Paypal and Credit Card. This is largely due to the cases where someone purchase Bitcoins with Paypal, Credit Card and after receiving Bitcoins they fraudulently complains to Paypal or their Credit Card provider that they never received the goods. Since Bitcoin isn’t run by any authority, it’s near impossible for seller to prove his legitimacy. That’s why most of the seller avoid Paypal and Credit Card transactions.
In this simple guide we are going to have to go through VirWoX, the worlds largest exchange of SLL (Second Life Linden Dollars).
First thing to do is to have a look at VirWoX, VirWoX works as an virtual currency exchanger where the people place bids and makes offers for BTC in exchange of Linden Dollar (SLL) and vice versa. First step is to buy Linden Dollars for real-world currency i.e. USD and EURO, and then buy BTC for your Linden Dollars.
You have to protect BTC transactions ( Bitcoin ) since this is E-Money for excellence today, but it has a flaw, it can be tracked completely.
This means anyone with interest can trace your BTC transactions and see your financial movements, as the transaction history is being recorded in the block chain and it will be publically available for everybody that wants to see a particular transaction, this means BTC is not as anonymous as most people may think. Some parties could be interested in someone’s transactions and they can look up this info by just knowing your BTC address.