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Author Topic: Best Way to Buy BTC  (Read 539 times)
Nodz (OP)
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October 21, 2017, 04:32:02 AM
 #1

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.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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October 21, 2017, 05:29:22 AM
 #2

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

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b-synthestech
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October 21, 2017, 09:21:28 AM
 #3

what ways are the best for buyng BTC?
I wand to use bittrex but I have some doubts
Nodz (OP)
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October 21, 2017, 01:23:52 PM
 #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?
Nodz (OP)
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October 21, 2017, 01:35:22 PM
 #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.
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October 21, 2017, 02:11:58 PM
 #6

You can buy BTC with any payment method, Depends on the seller ..
But the safest way is to always use escrow ..
Nodz (OP)
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October 21, 2017, 02:40:34 PM
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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?
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October 21, 2017, 02:43:37 PM
 #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.

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October 21, 2017, 02:44:48 PM
 #9

i also want to buy bitcoin with my credit card where can i do this?

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October 21, 2017, 02:45:58 PM
 #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.
Nodz (OP)
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October 21, 2017, 02:56:45 PM
 #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.
Xorst
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October 21, 2017, 02:58:56 PM
 #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.
illusioNiZt
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October 21, 2017, 03:01:56 PM
 #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.

Nodz (OP)
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October 21, 2017, 06:48:00 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.
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October 21, 2017, 10:58:50 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.

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Nodz (OP)
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October 22, 2017, 02:31:33 AM
 #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.
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October 24, 2017, 12:54:36 PM
 #17

I like use Coinbase for buy/sell BTC. Also Litebit.eu looks like safe option.

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October 24, 2017, 01:22:30 PM
 #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..

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October 24, 2017, 01:25:55 PM
 #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.
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October 24, 2017, 01:38:53 PM
 #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.

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