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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 telephone and SMS that will provide you with 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred to your wallet. As a result of this simple payment system, individuals 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 fees than any other exchange on buying through credit/debit cards. In spite of high prices, individuals prefer to buy through this exchange because of phenomenal rate of transactions. You can also trade bitcoins on this exchange by simply registering with it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a high number of payment methods. Due to direct selling or click buying with the individuals, this exchange does not offer the centre of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different charges depending on the click to investigate payment method selected by the traders.
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Here, it's also important to mention that the purchaser might have to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment system, it's considered as one of the secure exchange. Localbitcoins proves a fantastic 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 very user-friendly even for the his comment is here beginners. It gives the facility of online insured pockets. Moreover, it requires minimal prices for the transactions.Get began today and Get $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.