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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 telephone and SMS that will provide you with 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred into a wallet. Due to this easy payment method, individuals around many countries invest in this exchange.This exchange provides an ordinary 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, individuals prefer to buy through this exchange because of phenomenal speed of transactions. You can also trade bitcoins on this exchange simply by registering with 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 direct selling or buying together with the individuals, this exchange does not offer the centre of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also takes different charges depending on the payment method selected by the dealers.
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Here, it is also important to mention that the purchaser will have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, it is considered as one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It has a massive customer database that proves 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 prices for the transactions.Get started today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.