When comparing Satoshi Tango vs Virwox, the Slant community recommends Satoshi Tango for most people. In the question“What are the best ways to buy/sell bitcoin?” Satoshi Tango is ranked 12th while Virwox is ranked 21st. The most important reason people chose Satoshi Tango is:
Support staff conducts with seriousness and professionalism, and they are very watchful of regulations. They will be most likely operating for a long time. This is the biggest draw for people who want to declare their crypto for tax purposes in South America.
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Pros
Pro Seriousness
Support staff conducts with seriousness and professionalism, and they are very watchful of regulations. They will be most likely operating for a long time. This is the biggest draw for people who want to declare their crypto for tax purposes in South America.
Pro It also allows you to pay your bills
You can pay your utility bills and recharge your prepaid phone using the site.
Pro You can buy multiple coins
You can buy BTC, ETH, LTC, XRP and BCH.
Pro Buy with paypal
You can purchase bitcoin using paypal, but the fees are high
Pro Buy with credit card
You can purchase bitcoin using your credit card, although the fees are high
Cons
Con They deal primarily in Argentine Pesos
Although you can load up using USD as well, there are very few options for transferring USD.
Con They are overzealous of regulations
Each time you make a money transfer, or fill your wallet using any of the methods available, they will ask you for confirmation pictures, receipts, etc. This is common the first time using most exchanges, but Satoshi Tango asks you to prove and verify EVERY TIME. Not fit to buy bitcoin on a rush.
Con Its trading section is VERY rudimentary
It doesn't even have charts.
Con Very high fees
High fees, you usually end up paying at least 10% more than market rate