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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 call and SMS that will offer you 4 digit code. After a couple of 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 $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 prefer to purchase through this exchange because of phenomenal speed of transactions. You can even 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 all the individuals, this exchange does not provide the facility of credit/debit card payments. But, the users can use paypal method to transfer funds through credit cards. This exchange also requires her explanation different fees 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 charges for transferring these into his personal wallet. Due to employing escrow payment method, it's considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It's a massive customer database which proves 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 requires minimal fees for the transactions.Get started today and Get $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.