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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 telephone and SMS that will offer you 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this easy payment system, individuals around many countries invest in this exchange.This exchange provides an ordinary 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 fees, people prefer to buy through this exchange due to phenomenal speed of transactions. You can also trade bitcoins on this exchange by simply registering for it.
The 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 together with all the individuals, this exchange does click here for info not offer the facility of credit/debit card payments. However, the users can use paypal technique to transfer funds anchor through credit cards. This exchange also requires different fees 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 charges for transferring these into his personal wallet. Due to employing escrow payment system, it is considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It has a massive customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured wallets. What's over here more, it requires minimal prices for the transactions.Get started today and Get $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.