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The consumers can also buy bitcoins simply by filling a form for payment. The payment can also be confirmed through a voice call and SMS that will offer you 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred to your 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 fees, individuals would rather buy through this exchange due to phenomenal rate of transactions. You can also trade bitcoins on this exchange simply by registering with it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that take a high number of payment methods. Because of direct selling or buying with all the individuals, this exchange does not offer the centre of credit/debit card payments. However, the users can use paypal method useful reference to transfer funds through credit cards. This exchange also takes different charges depending on the payment method chosen by the dealers.
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Here, it is also important to mention that the purchaser will have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, it is considered as one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected 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 of online insured wallets. Moreover, it requires minimal prices for the transactions.Get started now and Get $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.