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Author Topic: Has anyone had any success with VirWox or exchanging L$?  (Read 1421 times)
TrinaVella (OP)
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December 18, 2012, 11:36:28 AM
 #1

I had read about exchanges like VirWox and The Rock offering to convert my L$ to Bitcoins so I thought I would try it.  I tried with a smaller amount initially (15,000 L$) but then I found out Second Life apparently doesn't let you move L$ out unless you have been active for at least 30 days.  Even so, now I'm reading that 99% of people in Second Life don't pass their Risk API which means exchanges won't take them from you.  So now I'm stuck with those.

Then I found that you don't actually need to even transfer the L$ into Second Life as VirWox would let you purchase them outside of it.  So I went ahead with that as well and they have locked my account. 

I'm not too fussed about it as they are fairly small amounts but I don't think I'll ever touch another L$.  It seems I'm stuck with them now.  Has anyone used this method?  What was your experience?  Any suggestions?
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December 18, 2012, 12:07:34 PM
 #2

VirWox would let you purchase them outside of it.  So I went ahead with that as well and they have locked my account.

There are a lot of people who have purchased L$ (SLL) with credit card or other funds and then trade those SLL for BTC and withdraw the BTCs.  It may be a day or so before the BTCs that you withdraw are sent, but that's different from a locked account.

Because they accommodate a lot of reversible payment methods they probably get hit a lot, so they jump to protective mode if an account does anything out of the norm.  Maybe that's what happened.  Their support is generally responsive.  Have you given them a fair amount of time to respond?

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TrinaVella (OP)
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December 18, 2012, 12:32:31 PM
 #3

I'm still waiting for them to respond.  VirWox is reputable from what I've read so I'm hoping they will at least return the funds.  I don't think I did anything out of the norm though so can't imagine what triggered them to lock my account.  I'm living in Malta at the moment and there aren't a lot of options here for purchasing BTCs.

As for the SLLs I have on my avatar, I'm now reading that there are people who trade within Second Life and can transfer it back to my Paypal - at about a 20-30% loss though it seems.

Either way, it seems I've run out of options here for purchasing BTCs.  Will have to wait until I travel abroad to buy them.  Actually I could probably use Western Union but that gets really expensive.
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December 18, 2012, 01:26:05 PM
 #4

I'm still waiting for them to respond.  VirWox is reputable from what I've read so I'm hoping they will at least return the funds.  I don't think I did anything out of the norm though so can't imagine what triggered them to lock my account.  I'm living in Malta at the moment and there aren't a lot of options here for purchasing BTCs.

Who locked your account? VirWoX or Second Life?

As for the SLLs I have on my avatar, I'm now reading that there are people who trade within Second Life and can transfer it back to my Paypal - at about a 20-30% loss though it seems.

I wouldn't do that...

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December 18, 2012, 01:26:55 PM
 #5

If you setup a brand new avatar on Second Life and try to move funds to VirWox straight away, it might raise the risk factor and same with VirWox.

I have used Second Life for around 4 years so everything was ok with me based on the age of my Avatar and I used PayPal for my first direct deposit into VirWox.

I also emailed the, after a few weeks to let then know what I am doing within Second Life.

VirWox do like to know where the money is coming from at times, as Second Life can be strict on them with the API risk factor.
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December 18, 2012, 01:41:29 PM
 #6

I've had luck with this but like you had trouble initially.  The key factor I found was to have a valid payment method on file with 2nd Life for at least 30 days. Quite literally on the 31st day things started going through without any problem at all.  Also, after I executed some trades with VirWox I email their support and asked about the RiskAPI issues.  Before I reached the 30 days described above they granted me a manual override (L$5000 per week if I recall)--very low limit but it let me start moving some of my L$.  They didn't say it but I suspect they have to be cautious about both fraud and AML issues.  I didn't have any lock out issues so I can't comment there but like one other poster said, their support is pretty responsive.
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December 18, 2012, 02:16:20 PM
 #7

I had no problem. I logged into my long-unused SL account, found a virwox terminal, transferrred the bulk of my SLL and then went to virwox to create a buy order, which was fulfilled in fairly fast order.

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December 18, 2012, 02:23:00 PM
 #8

...

Either way, it seems I've run out of options here for purchasing BTCs.  Will have to wait until I travel abroad to buy them.  Actually I could probably use Western Union but that gets really expensive.

Have you tried buying bitcoins with ukash vouchers?

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December 18, 2012, 02:33:49 PM
 #9

I tried VirWox about a year ago via paypal
There seemed to be no problems initially, but when I went to log in a day later to withdraw my bitcoins I found my account was locked. I emailed them and they explained that they locked it because of my Chinese ip address, but immediately unlocked it after my email.
I think they are just cautious, but seem quick to respond once they see you are human.
TrinaVella (OP)
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December 18, 2012, 07:40:47 PM
 #10

Who locked your account? VirWoX or Second Life?

VirWox did.  I'm still waiting for a response from them.  Not sure what their normal response time is.

I wouldn't do that...

Why not?
TrinaVella (OP)
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December 18, 2012, 07:46:01 PM
 #11

Have you tried buying bitcoins with ukash vouchers?

I can't buy ukash vouchers in Malta.

I guess I should write an email to Second Life support giving them a heads up on what I'm doing.  Either way, hopefully VirWox will work out and I will be able to skip that step in the future.  Just have to wait out the 30 days now.

Off topic, I had heard about Second Life a long time ago.  Actually saw it for the first time yesterday.  I can't believe people "play" it.  I mean, I used to be a big fan of World of Warcraft, but Second Life is too much like life with bad graphics.  Weird.
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April 14, 2013, 01:15:37 AM
 #12

Anyone of you Virwox user willing to sell me your Lindens Huh


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April 14, 2013, 01:17:23 AM
 #13

I use vircurex for my trading, is there a better option you guys think?
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April 14, 2013, 01:30:04 AM
 #14

I use vircurex for my trading, is there a better option you guys think?

If you can fund a YANDEX.RU account through bank deposit and then fund an Interkassa account through Yandex then you can fund/trade on btc-e.com by funding it through interkassa.

OR

If you have a russian bank issued credit card.


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April 14, 2013, 01:42:45 AM
 #15

I use vircurex for my trading, is there a better option you guys think?

By the way How do you fund your Vircurex ? I only found vouchX vouchers to be accepted but vouchx doesnt any 'normal merchants' to sign in :/


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                 ▄▄█       ▄▄▄       █▄▄
                 █       ▄▀      ▀▄       █
               █▀     █      █      █     ▀█
               ▀▀█  █   ▄█▀█▄   █  █▀▀
               █▀▀   █  ▀███▀  █   ▀▀█
               ▀▀█     █    █    █     █▀▀
                   ▀▀█   █  █  █   █▀▀
                       ▀████████▀
                           █▄▄▄▄█
                 █        █▄▄▄▄█      █
             ▄▀ █▄                   ▄█  ▀▄
            █   █▀▄         ▀      ▄▀█    █
           █   █  █  ▌      ▀   ▐  █  █    █
           █   █▄▀▄▌      ▀   ▐▄▀▄█    █
           █       █          ▀        █       █
        █▀▀▀▀▀▀█                █▀▀▀▀▀▀█
        ▀▀▀▀▀▀▀▀                ▀▀▀▀▀▀▀▀
User-friendly
Token Creation
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