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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 into a wallet. As a result of this easy payment system, people around many countries invest in this exchange.This exchange provides an ordinary limit of buying bitcoins.
After 4 times the limit is increased to $200 and reaches at $500 in a week. The exchange takes 50% more fees than any other exchange on buying through credit/debit cards. In spite of high prices, people would rather purchase through this exchange due to phenomenal speed of transactions. You can even exchange bitcoins on this exchange by simply registering with it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that take a large number of payment methods. Due to direct selling or buying together with the individuals, this exchange does not provide the centre of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also takes 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 will have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, it's considered one of the exchange. Localbitcoins proves the original source a fantastic platform for buying bitcoins if the sellers are selected carefully.
It's a large customer database that proves it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured wallets. Moreover, it requires minimal fees for the transactions.Get started today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.