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The users can also buy bitcoins simply by 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. After a couple of minutes of payment confirmation, the bitcoins are transferred to your wallet. As a result of this easy payment method, people around many countries invest in this exchange.This exchange offers an average limitation of buying bitcoins.
After 4 days 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 fees, individuals prefer to purchase through this exchange due to phenomenal speed of transactions. You can also exchange bitcoins on this exchange simply by registering for it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a large number of payment methods. Because of direct selling or buying together with the individuals, this exchange does not provide the centre of credit/debit card payments. But, the users can use paypal method to transfer funds through credit cards. This exchange also takes different charges depending on the payment method selected by the dealers.
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Here, it is also important to mention that the purchaser will need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the click for source sellers are chosen carefully.
It has 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, it requires minimal fees for the transactions.Get started now and Get $10 worth of my latest blog post free bitcoin when you purchase more than $100 worth on Coinbase.