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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. Due to this easy payment method, individuals around many countries invest in this exchange.This exchange offers an ordinary limit of buying bitcoins.
After 4 days the limit is increased to $200 and reaches $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 due to phenomenal rate of transactions. You can even trade bitcoins on this exchange by simply registering for it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that take a high try these out number of payment methods. Due to 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 method to transfer funds through credit cards. This exchange also takes different fees depending on the payment method chosen by the dealers.
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Here, it's also important to mention that the purchaser will have to pay bitcoin network charges for find out here transferring these into his personal wallet. Because of employing escrow payment method, it is considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It has a large customer database which 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 takes minimal fees for the transactions.Get began now and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.