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The consumers 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 offer you 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred into your wallet. As a result of this easy payment system, people around many countries invest in this exchange.This exchange provides an average limitation of buying bitcoins.
After 4 days the limit is increased to $200 and reaches $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, people prefer to buy through this exchange due to phenomenal rate of transactions. You can even trade bitcoins on this exchange simply by registering for it.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that take a large number of payment methods. Because of direct selling or buying with the individuals, this exchange does not offer the centre 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 the traders.
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Here, it's also important to mention that the purchaser will have to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment method, it is considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It's a massive customer database which proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured wallets. Moreover, it requires minimal prices for the transactions.Get visit site began now and Get $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.