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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 few minutes of payment confirmation, the bitcoins are transferred to your wallet. Due to this simple payment method, people around many countries invest in this exchange.This exchange offers an average limitation of buying bitcoins.
After 4 days the limit is increased to $200 and reaches at $500 in a week. The exchange takes 50 percent more fees than any other exchange on buying through credit/debit cards. In spite of high fees, people prefer to buy through this exchange because of phenomenal rate of transactions. You can even exchange bitcoins on this exchange by simply registering with it.
This 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 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 try these out method chosen by the dealers.
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Here, it's also important to mention that the buyer might have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it is considered one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It has a massive customer database which proves it has high liquidity. The platform is quite Extra resources user-friendly even for the beginners. It gives the facility of online insured wallets. What's more, 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.