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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 couple of minutes of payment confirmation, the bitcoins are transferred into your wallet. Due to this simple payment system, individuals around many countries invest in this exchange.This exchange offers an ordinary limit of buying bitcoins.
After 4 days 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 prices, individuals would rather purchase 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 take a high number of payment methods. Due to direct selling or buying together with all the individuals, this exchange does not provide the centre 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 selected by the traders.
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Here, it's also important to mention that the purchaser will have to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment method, it is considered one of the secure exchange. these details Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It has a large customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured wallets. What's news more, it requires minimal prices for the transactions.Get started today and Get $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.