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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 telephone and SMS that will provide you with 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred into your wallet. As a result of this simple payment system, people around many countries invest in this exchange.This exchange provides an average limitation of buying bitcoins.
After 4 times the limit is increased to $200 and reaches $500 in a week. The exchange takes 50 percent more charges than any other exchange on buying through credit/debit cards. In spite of high prices, people would rather purchase through this exchange due to phenomenal rate of transactions. You can also trade bitcoins on this exchange simply by 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 together with straight from the source all 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 takes different charges depending on the payment method selected by the traders.
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Here, it is also important to mention that the buyer will have to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment method, it's considered as one of the 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 page for the beginners. It gives the facility of online insured pockets. What's more, it takes minimal prices for the transactions.Get started now and receive $10 worth of free bitcoin when i was reading this you buy more than $100 value on Coinbase.