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The consumers can also purchase bitcoins simply by filling a form for payment. The payment can also be confirmed through a voice telephone and SMS that will offer you 4 digit code. Following a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. Due to this simple payment method, people around many countries invest in this exchange.This exchange provides 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 charges than any other exchange on buying through credit/debit cards. In spite of high fees, individuals prefer to purchase through this exchange because of phenomenal rate of transactions. You can even exchange 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 number of payment methods. Due to direct selling or buying together with all the individuals, this exchange does not provide the facility 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 chosen by go to the website the dealers.
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Here, it's also important to mention that the address purchaser will need to pay bitcoin network fees for transferring these into his personal wallet. Because of employing escrow payment system, it's considered as one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It has a massive customer database which proves it has high liquidity. The platform is very user-friendly even for the beginners. It gives the facility of online insured pockets. Moreover, it takes minimal fees for the transactions.Get started today and Get $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.