VirWox Review (Closed)

 

VIRWOX REVIEW AT A GLANCE

■ TYPE: GAMING CURRENCY EXCHANGE (LINDEN DOLLARS)

■ WALLET: YES

■ HEADQUARTERS: VIENNA, AUSTRIA

■ ONLINE SINCE: 2007 (Virtual World Services GmbH)

■ CUSTOMER SERVICE: EMAIL SUPPORT

■ LANGUAGES: ENGLISH | SPANISH | GERMAN | FRENCH | ITALIAN

 

INTRODUCTION TO THE VIRWOX EXCHANGE

VirWox or Virtual World exchange is an Austrian-based centralized exchange, specializing in virtual gaming currencies. VirWoX supports the buying of Linden Dollars (SLL) and Bitcoins (BTC) and serves about 1 million registered users.

-Note, the number of active users is considerably lower, to a few hundred

-Gaming currencies can be exchanged for fiat currencies such as USD, Euro, Swiss Franc, and British Pound

■ SUPPORTED COUNTRIES: ALMOST ALL COUNTRIES (SOME US STATES ARE NOT SUPPORTED)

■ FIAT CURRENCIES: USD | EURO | GBP | CHF

 

VIRWOX FUND METHODS AND FUNDING FEES

Depositing Methods and Fees:

□ BITCOIN (Free / No Charge)

□ CREDIT/DEBIT CARDS (0.39EUR + 3.5%)

□ PAYPAL (0.35EUR + 3.4%)

□ SKRILL (0.39EUR + 3.5%)

□ SOFORT (2.5%)

□ OKPAY (Free / No Charge)

□ PAYSAFECARD (20%)

Withdrawing Fees:

□ BITCOIN (0.0005 BTC)

□ PAYPAL (1.0EUR + 2.0%)

□ SKRILL (1.0EUR)

□ BANK TRANSFER (1.0EUR for EU and 16.00EUR for non-EU)

Limits

• Skrill/Paypal up to 1,000 USD per 24hours

 

 VIRWOX TRADING FEES

VirWox charges a 3.90% trading fee, but based on your trade volume, you can get up to 80% discount:

□ 1.90-3.90% for market orders

□ 0.78-3.90 for limit orders

INACTIVITY FEE: if you have not used your VirWoX account for more than 12 months, they will charge 2.0 EUR per month (but only if there is a positive balance on the inactive account)

 

 VIRWOX CRYPTO ASSET INDEX

□ BITCOIN (BTC)

□ LINDENS (SLL): EUR/SLL, USD/SLL, GBP/SLL, CHF/SLL, BTC/SLL

□ OPEN METAVERSE CURRENCY (OMC)

□ AVINATION

 

 VIRWOX PLATFORM AND TECHNOLOGY

The VirWox platform is very simple and you will not face any problem when creating orders or finalizing transactions.

-Very simple interface

-Focus on Linden Dollars (SLL)

-HTTPS Protocol

-Payment History

 

 POSITIVES OF VIRWOX REVIEW

(√) Buy Bitcoin using PayPal or Skrill

(√) Accepts four FIAT currencies (British pound, US Dollar, Euro, and Swiss Franc)

(√) No verification is required

 

 

 NEGATIVES OF VIRWOX REVIEW

(x) High Trading Fees (3.9%)

(x) Customer Support

(x) VirWox is delaying the transactions of any new user (up to 48 hours)

(x) Limitations when depositing via Paypal or Skrill

(x) Limited Functionality

 

VIRWOX REVIEW CONCLUSIONS

Operating since 2007, Virwox is a gaming currency exchange that trades Second Life Lindens (SLL) and Bitcoins (BTC). In overall, limited functionality, high trading fees and long delays on transaction times make VirWox a good choice only for those wishing to buy gaming coins.

 

 

■ VirWox Review

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