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The users can also buy 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 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 ordinary limitation of buying bitcoins.
After 4 days the limit is increased to $200 and reaches $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 prices, individuals prefer to purchase through this exchange due to phenomenal rate 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 those few exchanges that accept a high number of payment methods. Because of 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 method 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 might need to pay bitcoin network fees for transferring these address into his personal wallet. Because of employing escrow payment method, it's considered as one of the secure exchange. Localbitcoins proves a good 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 very 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 Get $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.