An activity in which one engages in sexual activity with another person, whom neither have ever seen/met in real life before. Usually the two meet online.
Guy 1: Dude! I offered to trade money for one of my online friends' love yesterday!
Friend: That's virtual prostitution, man.
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An activity in which male or female sells their explicit sexual photos, videos, etc to whom they call their fans.
What do you do for work Abby?
I do virtual prostitution for all my horny fans.