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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 offer you 4 digit code. Following a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this simple payment method, individuals around many countries invest in this exchange.This exchange provides an average 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 fees 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 exchange bitcoins on this exchange by simply registering with it.
This 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 offer the facility of credit/debit card payments. But, the users can use paypal technique Visit Website to transfer funds through credit cards. This exchange also takes different charges depending on the payment method chosen by the traders.
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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. Because of employing escrow payment system, it is considered as one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It has 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 takes minimal fees for the transactions.Get started now and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.