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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 few minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this easy payment system, individuals around many countries invest in this exchange.This exchange provides an ordinary 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 charges than any other exchange on buying through credit/debit cards. In spite of high fees, people prefer to purchase through this exchange due to phenomenal speed 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 the few exchanges that accept a large 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 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 is also important to mention that the buyer might need to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it's considered one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It's a massive 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 began look at here now now and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.