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The consumers can also purchase bitcoins by simply 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 offers an ordinary limitation of buying bitcoins.
After 4 times the limit is increased to $200 and reaches at $500 in a week. The exchange takes 50 percent more fees than any other exchange on buying through credit/debit cards. In spite of high prices, individuals prefer to buy through this exchange because of phenomenal speed of transactions. You can also trade 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 high 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. But, 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 buyer might need to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, it is considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It's a large customer database that proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured wallets. Moreover, it requires minimal fees for the transactions.Get started now and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.