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The users can also buy bitcoins by simply 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 few minutes of payment confirmation, the bitcoins are transferred to your wallet. As a result of this simple payment system, individuals around many countries invest in this exchange.This exchange offers an ordinary limit of buying bitcoins.
After 4 days the limit is increased to $200 and reaches at $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 buy through this exchange due to phenomenal rate of transactions. You can also exchange bitcoins on this exchange simply by registering with it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a large number important link of payment methods. Due to direct selling or buying together with all the individuals, this exchange does not offer the facility of credit/debit card payments. But, the users can use paypal method to transfer funds through credit cards. This exchange also requires different charges depending on the payment method chosen by the traders.
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Here, it is also important to mention that the purchaser might need to pay bitcoin network fees 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 good platform for buying bitcoins if the sellers are selected 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 wallets. Moreover, it takes minimal prices for the transactions.Get started today and Get $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.