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The users can also purchase 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. Following a couple of minutes of payment confirmation, the bitcoins are transferred to your wallet. Due to this simple payment system, individuals around many countries invest in this exchange.This exchange provides an ordinary limitation 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 prices, individuals prefer to purchase through this exchange due to phenomenal rate of transactions. You can also exchange bitcoins on this exchange by simply registering for it.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that accept a high number of payment methods. Due to direct selling or buying with the individuals, this exchange does not provide the centre of credit/debit card payments. But, the users can use paypal method to visit the site transfer funds through credit cards. This exchange also requires different fees depending on the payment method chosen by the traders.
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Here, it's 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 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 takes minimal prices for the transactions.Get began today and receive $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.