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The users 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 provide you with 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred into your wallet. Due to this simple payment method, people around many countries invest in this exchange.This exchange provides an average limit 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 prices, individuals prefer to purchase through this exchange due to 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 the few exchanges that take a high 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 this contact form also requires different charges depending on the payment method selected by the traders.
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Here, it's also important to mention that the buyer will have to pay bitcoin network fees for transferring these into his personal wallet. Because of 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 large customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured pockets. Moreover, it takes minimal prices for the transactions.Get began today and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.