Best Way to Buy BTC

[audaciousbeing]

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.

[Choosewise]

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.

[setifien19]

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"