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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. Following a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. Due to this easy payment method, people around many countries invest in this exchange.This exchange provides an ordinary limit of buying bitcoins.
After 4 times 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 fees, people prefer to purchase through this exchange due to phenomenal speed of transactions. You can even exchange bitcoins on this exchange by simply registering for it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a high number of payment methods. Because of direct selling or buying together with the individuals, this exchange does not offer the facility of credit/debit card payments. However, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different fees depending on the payment method selected by the traders.
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Here, it is also important to mention that the purchaser will need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment system, it is 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 which proves that it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. Moreover, it requires minimal fees for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.