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The users 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 provide you with 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. As a result of this simple payment method, individuals 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 fees than any other exchange on buying through credit/debit cards. In spite of high fees, people would rather purchase through this exchange due to phenomenal rate 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 the few exchanges that accept a high number of payment methods. Because of direct selling or view publisher site buying with the individuals, this exchange does not offer the facility of credit/debit card payments. But, the users can use paypal method 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 buyer might need to pay bitcoin network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It has 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 pockets. Moreover, it takes minimal prices for the transactions.Get started today and receive $10 see worth of free bitcoin when you buy more than Continue $100 worth on Coinbase.