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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. Following a few minutes of payment confirmation, the bitcoins are transferred to a wallet. Due to this simple payment system, people around many countries invest in this exchange.This exchange offers an average limit of buying bitcoins.
After 4 times 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 prefer to buy through this exchange due to phenomenal rate of transactions. You can also trade bitcoins on this exchange simply by 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 the individuals, this exchange does not provide the facility of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different charges depending on the payment method chosen by the traders.
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Here, it's also important to mention that the buyer will need to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it is considered one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are my link chosen carefully.
It has a massive customer database which proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured wallets. Moreover, it takes minimal prices for the transactions.Get began now and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.