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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 provide you with 4 digit code. Following a couple of minutes of payment confirmation, the bitcoins are transferred into your wallet. As a result of this easy payment method, individuals around many countries invest in this exchange.This exchange offers an average 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 fees than any other exchange on buying through credit/debit cards. In spite of high fees, individuals would rather purchase through this exchange due to phenomenal rate of transactions. You can even exchange bitcoins on this exchange simply by registering for it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a large number of payment methods. Because of direct selling or buying together with all the individuals, this exchange does not offer the centre of credit/debit card payments. However, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different fees depending on the payment method selected by the traders.
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Here, it's also important to mention that the purchaser might have to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment system, it's considered one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It's a massive customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured wallets. Moreover, it requires minimal prices for the transactions.Get began now and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.