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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 call and SMS that will offer you 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this easy payment method, people around many countries invest in this exchange.This exchange provides an average 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, individuals prefer to buy through this exchange due to phenomenal rate of transactions. You can even 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. Due to direct selling or buying together with all the individuals, this exchange does not offer the centre of credit/debit card payments. But, the users can use paypal method to transfer funds through credit cards. This exchange also takes different fees depending on the payment method selected by the dealers.
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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 is considered one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It has a large customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured wallets. Moreover, it requires minimal prices for the transactions.Get began today and Get $10 worth of discover here free bitcoin when you buy more than $100 worth on Coinbase.