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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 call and SMS that will provide you with 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. Due to this easy payment method, individuals around many countries invest in this exchange.This exchange provides an ordinary limitation 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 fees, people would rather purchase through this exchange because of phenomenal speed of transactions. You can even exchange bitcoins on this exchange by simply registering for it.
This 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 facility of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different fees depending on the payment method selected by the dealers.
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Here, it's also important to mention that the buyer will need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment system, it is considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It has a massive customer database that proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured pockets. What's more, it requires minimal fees for the transactions.Get started special info now and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.