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The consumers can also buy 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 your wallet. As a result of this simple payment system, people around many countries invest in this exchange.This exchange provides 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% more charges than any other exchange on buying through credit/debit cards. In spite of high prices, individuals would rather purchase through this exchange because of phenomenal rate of transactions. You can also trade bitcoins on this exchange by simply registering for it.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that accept a high number of payment methods. Due to direct selling or buying with all the individuals, this exchange does not provide the centre of credit/debit card payments. But, the users can use paypal method to transfer funds through credit cards. This exchange also requires different fees depending on the payment method check these guys out chosen by the dealers.
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Here, it is also important to mention that the buyer will need to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment system, it is considered as one of the secure exchange. Localbitcoins proves a fantastic 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 very user-friendly even for the beginners. It gives the facility of online insured pockets. Moreover, it requires minimal prices for the transactions.Get began now and Get $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.