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The consumers can also buy bitcoins simply by 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 couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this easy payment system, 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 at $500 in a week. The exchange takes 50% more charges than any other exchange on buying through credit/debit cards. In spite of high fees, individuals prefer to buy through this exchange because of phenomenal speed of transactions. You can also exchange bitcoins on this exchange by simply registering with it.
The exchange was founded in 2012 in Finland. This is one of those few exchanges that take a high number of payment methods. Due to direct selling or buying with all the individuals, this exchange does not provide the description facility of credit/debit card payments. However, 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 is also important to mention that the purchaser might need to pay bitcoin network fees for transferring these into his personal wallet. Because of employing escrow payment system, it is considered 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 which page proves that it has high liquidity. The platform is very user-friendly even for the beginners. It provides the facility of online insured pockets. What's more, it requires minimal fees for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.