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The users 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 couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this simple payment system, people 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 at $500 in a week. The exchange takes 50% more fees 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 rate 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 take 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 fees depending on the payment method chosen by the dealers.
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Here, it's also important to mention that the buyer will have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it's considered as one of the visit their website 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 quite user-friendly even for the beginners. It gives the facility of online insured pockets. What's more, it takes minimal prices for the transactions.Get started now and Get $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.