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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 to a wallet. Due to this easy payment method, individuals 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 $500 in a week. The exchange takes 50% 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 rate of transactions. You can also trade bitcoins on this exchange by simply registering for it.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that accept a high number of payment methods. Because of direct selling or buying with all the individuals, this exchange does not provide the facility of credit/debit card payments. However, his response the users can use paypal method to transfer funds through credit cards. This exchange also takes different charges depending on the payment method chosen by the traders.
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Here, it's also important to mention that the buyer will need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It's a large customer database look at these guys that proves that it has high liquidity. The platform is quite 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 began today and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.