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The users can also purchase bitcoins simply by 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 few minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this easy payment system, people around many countries invest in this exchange.This exchange provides an average limit of buying bitcoins.
After 4 times the limit is increased to $200 and reaches at $500 in a week. The exchange takes 50% more fees than any other exchange on buying through credit/debit cards. In spite of high fees, individuals would rather buy through this exchange because of phenomenal speed of transactions. You can also exchange bitcoins on this exchange by simply registering with it.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that accept a large number of payment methods. Due to direct selling or buying together with the individuals, this exchange does not offer the centre of credit/debit card payments. However, the users can use paypal method to transfer funds through credit cards. This exchange also takes different charges depending on the payment method selected by the dealers.
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Here, it is also important to mention that the purchaser might have to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered as one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It's a massive customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online check these guys out insured pockets. What's more, it requires minimal prices for the transactions.Get started now and Get $10 worth of free bitcoin when More Help you purchase more than $100 value on Coinbase.