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The consumers can also buy bitcoins simply by filling a form for payment. The payment can also be confirmed through a voice telephone and SMS that will provide you with 4 digit code. Following a couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. Due to this easy payment method, people around many countries invest in this exchange.This exchange offers an average limitation of buying bitcoins.
After 4 times the limit is increased to $200 and reaches $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, people would rather purchase through this exchange because of phenomenal rate of transactions. You can also exchange bitcoins on this exchange simply by registering for it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a high 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 technique to transfer funds through credit cards. This exchange also requires different fees depending on the payment method chosen by the dealers.
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Here, it's also important to mention that the purchaser might have this link to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it is considered as one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It has a large customer database which proves it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of next page online insured wallets. Moreover, it requires minimal prices for the transactions.Get began now and Get $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.