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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. After a couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this simple payment system, people around many countries invest in this exchange.This exchange offers an average limit of buying bitcoins.
After 4 days the limit is increased to $200 and reaches $500 in a week. The exchange takes 50% more fees than any other exchange on buying through credit/debit cards. In spite of high prices, individuals would rather purchase through this exchange because of phenomenal speed of transactions. You can also 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 accept a high number of payment methods. Due to direct selling or buying together with all the individuals, this exchange does not provide the look at here now facility of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also takes different fees depending on the payment method chosen by the dealers.
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Here, it's also important to mention that the buyer will have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it's considered one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It has a massive customer database which proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It gives resource the facility of online insured wallets. What's more, it requires minimal fees for the transactions.Get started today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.