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Topic: Best Way to Buy BTC (Read 586 times)

full member
Activity: 474
Merit: 101
October 24, 2017, 09:14:07 AM
#23
I think buying bitcoin from well reputed people "escrows" is the best choice , but you can also use virwox ( which accepts PayPal , though it has limits but it's always good as it's highly secured ) or you even buy BTC from local traders " in Philippines"
full member
Activity: 192
Merit: 100
October 24, 2017, 08:40:36 AM
#22
If you're doing local cash, use something like localbitcoin. Paypal isn't a good idea because the transactions can be reversed, so a lot of people stray away from it. Another good way to do it electronically is get your identity confirmed on an exchange and purchase btc there.
not even neccessarily cash, you can use bank transfer on localbitcoins as well. A lot less hassle than registering on an exchange.
hero member
Activity: 1330
Merit: 569
October 24, 2017, 08:40:02 AM
#21
I am fairly new to this forum and to the bitcoin industry. I am wondering what's the best way to purchase bitcoin, I am from the Philippines. Is PayPal a good way to exchange for bitcoins, or is it too risky for the BTC seller because of PayPal being reversible? Thanks in advance guys.

I think there is a local section dedicated to the Philippines on the forum, if not, then you can just search for it on the internet and get the gathering of like minded individuals. The best way to buy is from individuals who are willing to sell in your own local currency all you will need to do is to transfer the amount to their own local bank account. With this option you will save yourself the high stress and high fee in using those sites in the areas of conversion from your currency to say USD then the fees you have to pay on the platform. In as much as that is an advantage, you also have to ensure you study the people you want to deal with because scammers dont have a particular nationality as they are everywhere looking for someone to dupe.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
October 24, 2017, 08:38:53 AM
#20
I am fairly new to this forum and to the bitcoin industry. I am wondering what's the best way to purchase bitcoin, I am from the Philippines. Is PayPal a good way to exchange for bitcoins, or is it too risky for the BTC seller because of PayPal being reversible? Thanks in advance guys.

You can buy Bitcoin with many ways, such as from exchanger and trusted friends but also has risk also. Maybe you know about delay, not valid data transactions and hacker. Even Paypal have bad experience about it and maybe you should use local exchanger & trusted friends. I suggest you try first with little money you have and experience will give you the right answer. Thank you.
full member
Activity: 137
Merit: 100
October 24, 2017, 08:25:55 AM
#19
If you're doing local cash, use something like localbitcoin. Paypal isn't a good idea because the transactions can be reversed, so a lot of people stray away from it. Another good way to do it electronically is get your identity confirmed on an exchange and purchase btc there.
sr. member
Activity: 763
Merit: 252
October 24, 2017, 08:22:30 AM
#18
you can purchase in remittance center also.. last time i make purchase in bayad center via lbc and it takes 24 hours before arrived the amount...my firstime to buy bitcoin in remittance center and not bad everythings ok using coins.ph wallet..
member
Activity: 107
Merit: 10
ARNA | TokenSale - December 15th
October 24, 2017, 07:54:36 AM
#17
I like use Coinbase for buy/sell BTC. Also Litebit.eu looks like safe option.
newbie
Activity: 16
Merit: 0
October 21, 2017, 09:31:33 PM
#16
I am fairly new to this forum and to the bitcoin industry. I am wondering what's the best way to purchase bitcoin, I am from the Philippines. Is PayPal a good way to exchange for bitcoins, or is it too risky for the BTC seller because of PayPal being reversible? Thanks in advance guys.
Forget about buying bitcoin with paypal, if paypal finds out you are also going to lose your account, since the risk of getting chargebacks is so high many people prefer to not trade at all with paypal and also you are going to get horrible fees, so it is better that you look for another way to get bitcoin.

Noted that, thanks. I'll probably just go for local sellers of bitcoin then.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 21, 2017, 05:58:50 PM
#15
I am fairly new to this forum and to the bitcoin industry. I am wondering what's the best way to purchase bitcoin, I am from the Philippines. Is PayPal a good way to exchange for bitcoins, or is it too risky for the BTC seller because of PayPal being reversible? Thanks in advance guys.
Forget about buying bitcoin with paypal, if paypal finds out you are also going to lose your account, since the risk of getting chargebacks is so high many people prefer to not trade at all with paypal and also you are going to get horrible fees, so it is better that you look for another way to get bitcoin.
newbie
Activity: 16
Merit: 0
October 21, 2017, 01:48:00 PM
#14
I'd recommend you to use a trusted Philippines exchange you will be able to buy BTC with you're debit/credit card, if you have no experience in trading BTC or any alt-coins at all that would be the safest option for you to start with I am not sure how much % they sell/buy at that would vary according to the exchange/country you can look up for the most trusted PH exchange.

Regarding wallets, what do you think is the safest wallet. Or do they differ because of what countries they serve and not serve? I have read that coins.ph is the best bet here in the Philippines but they lack a little bit of security.
I am using Jaxx and blockchain, I am sure you can use global wallets they would work just fine make sure to backup your funds and all the required security settings to make your wallet secure.

I have just created an account on blockchain and probably gonna make it my main wallet. Thanks for the help.
sr. member
Activity: 770
Merit: 252
October 21, 2017, 10:01:56 AM
#13
I'd recommend you to use a trusted Philippines exchange you will be able to buy BTC with you're debit/credit card, if you have no experience in trading BTC or any alt-coins at all that would be the safest option for you to start with I am not sure how much % they sell/buy at that would vary according to the exchange/country you can look up for the most trusted PH exchange.

Regarding wallets, what do you think is the safest wallet. Or do they differ because of what countries they serve and not serve? I have read that coins.ph is the best bet here in the Philippines but they lack a little bit of security.
I am using Jaxx and blockchain, I am sure you can use global wallets they would work just fine make sure to backup your funds and all the required security settings to make your wallet secure.
member
Activity: 148
Merit: 13
October 21, 2017, 09:58:56 AM
#12
You can buy BTC with any payment method, Depends on the seller ..
But the safest way is to always use escrow ..
Hello, may you enlighten me with the word escrow? I am fairly new to everything I don't really know much terms. I know the meaning but how does it work regarding btc?
Escrow is a highly trusted person who handles the transaction both ways.
Btw, I'm selling Bitcoins.
Sent you a PM.
newbie
Activity: 16
Merit: 0
October 21, 2017, 09:56:45 AM
#11
I'd recommend you to use a trusted Philippines exchange you will be able to buy BTC with you're debit/credit card, if you have no experience in trading BTC or any alt-coins at all that would be the safest option for you to start with I am not sure how much % they sell/buy at that would vary according to the exchange/country you can look up for the most trusted PH exchange.

Regarding wallets, what do you think is the safest wallet. Or do they differ because of what countries they serve and not serve? I have read that coins.ph is the best bet here in the Philippines but they lack a little bit of security.
full member
Activity: 188
Merit: 102
October 21, 2017, 09:45:58 AM
#10
i also want to buy bitcoin with my credit card where can i do this?
Get a neteller account and load it with your credit card and buy btc simple.
member
Activity: 189
Merit: 12
Buy, sell and store real cryptocurrencies
October 21, 2017, 09:44:48 AM
#9
i also want to buy bitcoin with my credit card where can i do this?
sr. member
Activity: 770
Merit: 252
October 21, 2017, 09:43:37 AM
#8
I'd recommend you to use a trusted Philippines exchange you will be able to buy BTC with you're debit/credit card, if you have no experience in trading BTC or any alt-coins at all that would be the safest option for you to start with I am not sure how much % they sell/buy at that would vary according to the exchange/country you can look up for the most trusted PH exchange.
newbie
Activity: 16
Merit: 0
October 21, 2017, 09:40:34 AM
#7
You can buy BTC with any payment method, Depends on the seller ..
But the safest way is to always use escrow ..
Hello, may you enlighten me with the word escrow? I am fairly new to everything I don't really know much terms. I know the meaning but how does it work regarding btc?
member
Activity: 148
Merit: 13
October 21, 2017, 09:11:58 AM
#6
You can buy BTC with any payment method, Depends on the seller ..
But the safest way is to always use escrow ..
newbie
Activity: 16
Merit: 0
October 21, 2017, 08:35:22 AM
#5
what ways are the best for buyng BTC?
I wand to use bittrex but I have some doubts
I am also asking people what's the best way of buying BTC at this moment. Let's wait for more people to reply regarding this topic.
newbie
Activity: 16
Merit: 0
October 21, 2017, 08:23:52 AM
#4
Hey, I'm also from the Philippines and I think the best way to buy bitcoin is via 7/11. Aside frome being accessible considering we have 7/11 almost everywhere, the process of buying it is simple too. Just pay for the amount being purchased and it will automatically be forwarded to your coins.ph account. I hope this helps! Smiley

Does this mean I need to use coins.ph?
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