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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 telephone and SMS that will provide you with 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this simple payment method, individuals around many countries invest in this exchange.This exchange offers an ordinary limit of buying bitcoins.
After 4 days the limit is increased to $200 and reaches $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 would rather buy through this exchange due to phenomenal speed of transactions. You can also exchange bitcoins on this exchange simply by registering with it.
Payment through credit/debit cards is always favored here. After verification you can buy bitcoins through paying with credit/debit cards. Following are the pros and cons of the exchange.PROSA lot simpler to use than many other exchanges.Offers purchases through credit/debit cards.Offers typical limit of buying bitcoins.Available in many countries across the world.Has a massive customer database.Transaction speed is much fast.CONSTakes higher fees than the rest of the bitcoin exchanges.The maximum limitation of buying bitcoins is considerably low.Localbitcoins is that the crypto exchange that has earned a lot of reputation due to providing P2P (person to person) transactions all across the world.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that take a large number of like this payment methods. Due to direct selling or buying with all the individuals, this exchange does not provide 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 fees depending on the payment method chosen by the traders.
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Here, it is also important to mention that the buyer might need to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, it is considered one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It's a massive customer database which proves that it has high liquidity. The platform is More Bonuses quite user-friendly even for the beginners. It provides the facility of online insured wallets. What's more, it requires minimal prices for the transactions.Get started now and Get $10 worth of free bitcoin when you buy more than $100 value on Coinbase.