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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 provide you with 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred to your wallet. As a result of this simple payment system, individuals around many countries invest in this exchange.This exchange offers an average 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 fees than any other exchange on buying through credit/debit cards. In spite of high prices, individuals prefer to purchase through this exchange due to phenomenal speed of transactions. You can even 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 visit number of payment methods. Due to direct selling or buying with the individuals, this exchange does not provide the facility of credit/debit card payments. However, the users can use paypal technique 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 buyer might have 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 selected carefully.
It's a large customer database that proves that it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. Moreover, like this it requires minimal fees for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.