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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 call and SMS that will offer you 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred into your wallet. As a result of this simple payment system, people around many countries invest in this exchange.This exchange offers an average limitation of buying bitcoins.
After 4 times the limit is increased to $200 and reaches $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 speed of transactions. You can even trade bitcoins on this exchange simply by registering with it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that take a high number click for more of payment methods. Because of direct selling or buying with all the individuals, this exchange does not provide the centre of credit/debit card payments. However, 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 buyer might have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, 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 large customer database that proves it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. Moreover, it takes minimal fees for the transactions.Get began sites today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.