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The consumers can also purchase bitcoins by simply filling a form for payment. The payment can also be confirmed through a voice call and SMS that will provide you with 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this simple payment system, individuals around many countries invest in this exchange.This exchange provides 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% more charges than any other exchange on buying through credit/debit cards. In spite of high prices, individuals prefer to purchase through this exchange because of phenomenal rate of transactions. You can even trade bitcoins on this exchange by simply registering for it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that take a large number of payment methods. Because of direct selling or buying with all the individuals, this exchange does not offer the facility of credit/debit card payments. But, the users can use paypal method to transfer funds through this website credit cards. This exchange also takes different charges depending on the payment method chosen by the traders.
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Here, it is also important to mention that the buyer might need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It's a massive customer database which proves that it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured wallets. Moreover, it takes minimal fees for the transactions.Get started now and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.