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The users can also purchase 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 few minutes of payment confirmation, the bitcoins are transferred to your wallet. As a result of this simple payment system, individuals around many countries invest in this exchange.This exchange provides an ordinary limitation of buying bitcoins.
After 4 days 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 even trade bitcoins on this exchange simply by registering for it.
This exchange was founded in 2012 in Finland. This is one of those few exchanges that accept a large number of payment methods. Due to direct selling or buying with all the individuals, this exchange does not provide the facility of credit/debit card payments. However, the users can use paypal method to transfer funds through credit cards. This exchange also requires different charges depending on the payment method selected by the traders.
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Here, it is also important to mention that the purchaser will have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it is considered one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are selected carefully.
It's a large customer database that proves that it has high liquidity. The platform is very user-friendly even for the beginners. It gives the facility of online insured wallets. What's more, it requires minimal fees for the transactions.Get began today and receive $10 worth continue reading this of free bitcoin when you buy more than $100 value on Coinbase.