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The users can also buy bitcoins by simply filling a form for payment. The payment can also be confirmed through a voice call and SMS that will offer you 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred into your wallet. Due to this simple payment system, people around many countries invest in this exchange.This exchange offers an average limitation of buying bitcoins.
After 4 days the limit is increased to $200 and reaches at $500 in a week. The exchange takes 50 percent more fees than any other exchange on buying through credit/debit cards. In spite of high fees, individuals would rather purchase through this exchange due to phenomenal rate of transactions. You can even exchange bitcoins on this exchange simply by registering with it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a large number of payment methods. Because of useful content direct selling or buying with the individuals, this exchange does not provide the facility of credit/debit card payments. But, the users can sites use paypal method to transfer funds through credit cards. This exchange also takes different charges depending on the payment method chosen by the dealers.
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Here, it is also important to mention that the purchaser will have to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment method, it is considered one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It has a massive customer database that proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured pockets. What's more, it takes minimal prices for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.