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  #23  
Old 05-08-2014
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Default Re: Ways to withdraw money from stealth paypal

Quote:
Originally Posted by Salvo View Post
There's a method that I'm currently working with, but requires ~90 days to be fully active... look into this https://www.virwox.com/index.php?stage=1
and all the info on limits https://www.virwox.com/help.php

You send paypal to VirWoX to buy Linden $ (SecondLife currency). You can then sell Linden $'s for BitCoin. Withdraw Bitcoin to Coinbase, Coinbase to bank account. Money shows in ~3 business days.

Greatest thing is that you can make a new VirWoX account for each stealth with just an email. Your VirWoX limits get higher after the 1st transaction without problems. Many VirWoX accounts can send to one coinbase account also, or you can have up to 10 bitcoin address at one time (not including your own PC client) but that is not really necessary.

This is not without its downside... you do have to pay more in % because of paypal fee to send out, and trading fee's (both at VirWoX and Coinbase). This can save you from adding a bank account to EVERY stealth account in case it is burned. I personally do not like the idea of opening up dozens of bank accounts, if I am going to add my info I want to make sure the account is setup fully.

I am able to cash out a VCC/VBA made account with only coinbase (or the exchange of choice) knowing my true info. True stealth, but at a slight premium.
Or, you just buy SLLs using Virwox and withdraw to bank account. I don't understand why you should buy Bitcoins.
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  #24  
Old 05-08-2014
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Default Re: Ways to withdraw money from stealth paypal

its an ok method for emergency bail-outs or occasional, but not regular withdrawals, or removal of all your money...and bitcoin prices vary^^^^ the reason you buy bitcoins is because is if you just bank it, virwox will flag you eventually......but also if you just go from linden to bitcoin via virwox that is a flag too, you need to find a different exchange for the second exchange.... and % you lose though is too high for alot of people...
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Last edited by oompaloompa; 05-08-2014 at 03:56 AM.
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  #25  
Old 05-08-2014
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Default Re: Ways to withdraw money from stealth paypal

Better understand bitcoin and other currencies completely before you go this route...easier to keep it simple with bank
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