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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 simple payment method, individuals around many countries invest in this exchange.This exchange offers an ordinary limit of buying bitcoins.
After 4 times 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, people would rather buy through this exchange because of 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 the few exchanges that take a high number of payment methods. Because of direct selling or buying with the individuals, this exchange does not provide 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 dealers.
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Here, it's also important to mention that the buyer might have to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment method, it's considered as one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It has a massive customer database which proves it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. Moreover, it requires minimal fees for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.