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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 offer you 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 times 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 fees, individuals would rather buy through this exchange due to phenomenal speed 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 the few exchanges that accept a large number of payment methods. Because of find direct selling or buying with 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 credit cards. This exchange also takes different charges depending on the payment method chosen by the look here dealers.
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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. Because of 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 large customer database that proves that it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. Moreover, it requires minimal fees for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.