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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 offer you 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred to your wallet. Due to this simple payment method, individuals around many countries invest in this exchange.This exchange offers an average limit of buying bitcoins.
After 4 times 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 prefer to purchase through this exchange due to 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 the few exchanges that accept a large number of payment methods. Due to direct selling or buying together with 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 is also important to mention that the buyer will need to pay bitcoin network fees for transferring these into his personal wallet. Because of employing escrow payment system, it's from this source considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It's a massive customer database that proves that it has high liquidity. The platform is Recommended Reading 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 began now and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.