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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. After a couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. Due to this easy payment method, individuals around many countries invest in this exchange.This exchange provides an average limit 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 charges than any other exchange on buying through credit/debit cards. In spite of high fees, individuals prefer to purchase through this exchange because of phenomenal rate of transactions. You can also exchange bitcoins on this exchange simply by registering for it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that take a large number of payment methods. Because of direct selling or buying with the individuals, this exchange does not provide the centre of credit/debit card payments. However, the users can use paypal technique 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 is also important to mention that the buyer will need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen 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 straight from the source of online insured pockets. What's more, it requires minimal prices for the transactions.Get began today and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.