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The consumers 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 provide you with 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred into your 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 percent more charges than any other exchange on buying through credit/debit cards. In spite of high fees, people would rather buy through this exchange because of phenomenal speed of transactions. You can even trade 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 you could look here accept a high number of payment methods. Because of direct selling or buying together with all the individuals, this exchange does not provide 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 traders.
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Here, it's also important to mention that the buyer might have to pay bitcoin network fees for transferring these into his personal wallet. Because of employing escrow payment system, it is considered as one of the exchange. Localbitcoins proves a fantastic 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 quite user-friendly even for the beginners. It gives the facility of online insured pockets. Moreover, it takes minimal prices for the transactions.Get began now and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.