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The users 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 provide you with 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred to a 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 $500 in a week. The exchange takes 50% more charges than any other exchange on buying through credit/debit cards. In spite of high prices, people would rather purchase through this exchange because of phenomenal speed of transactions. You can even trade bitcoins on this exchange simply by registering with it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that take a large number of payment methods. Due to direct selling or buying 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 requires different fees depending on the payment method selected by the traders.
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Here, it's also important to mention that the buyer might need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it is considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers i was reading this are selected carefully.
It has a large customer database that proves that it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. What's more, it requires minimal prices for the transactions.Get started today and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.