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The consumers can also purchase bitcoins simply by filling a form for payment. The payment can also be confirmed through a voice telephone and SMS that will offer you 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this easy payment method, 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 $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 due to phenomenal speed of transactions. You can also trade bitcoins on this exchange simply by registering for 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 together with all the individuals, this exchange does not offer the centre of credit/debit card payments. However, the users can use paypal technique to transfer funds through credit cards. This exchange also takes different charges depending on the payment method chosen by the dealers.
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Here, it's also important to mention that the purchaser might have to pay bitcoin network fees for transferring these into his personal wallet. Because of employing escrow payment method, it is considered as one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen 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 gives the facility of online insured wallets. What's more, it takes minimal fees for the transactions.Get started today and receive other $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.