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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 call and SMS that will provide you with 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this easy payment system, individuals around many countries invest in this exchange.This exchange provides an ordinary limitation of buying bitcoins.
After 4 times 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 buy through this exchange because of phenomenal speed 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 those few exchanges that accept a large number of payment methods. Because of direct selling or buying together with the individuals, this exchange does not offer the facility of credit/debit card payments. However, the users can these details use paypal method to transfer funds through credit cards. This exchange also requires different fees depending on the payment method chosen by the traders.
Trading Bitcoin Gratis for Dummies
Here, it's also important to read mention that the buyer will have to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment system, it's considered one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It has a large customer database that proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured pockets. Moreover, it takes minimal prices for the transactions.Get began today and Get $10 worth of free bitcoin when you buy more than $100 value on Coinbase.