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The consumers 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 easy payment system, individuals around many countries invest in this exchange.This exchange provides 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 percent more charges 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 rate of transactions. You can also exchange bitcoins on this exchange by simply registering with it.
This 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 with the individuals, this exchange does not offer the centre of credit/debit card payments. However, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different charges depending on the payment method selected by the dealers.
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Here, it is also important to mention that the purchaser will need to pay bitcoin network charges for transferring these into his personal wallet. Because of employing a knockout post escrow payment system, it is considered as one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It has a massive customer database that try this out 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 fees for the transactions.Get began now and Get $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.