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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 offer you 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred to a wallet. Due to this simple payment system, individuals around many countries invest in this exchange.This exchange offers 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% more fees than any other exchange on buying through credit/debit cards. In spite of high prices, people prefer to buy through this exchange due to phenomenal speed of transactions. You can also exchange bitcoins on this exchange by simply registering with it.
Payment through credit/debit cards is always favored here. After verification you can purchase bitcoins through paying with credit/debit cards. Following are the pros and cons of this exchange.PROSA lot simpler to use than many other exchanges.Offers buys through credit/debit cards.Offers typical limitation of buying bitcoins.Available in many countries across the world.Has a large customer database.Transaction rate is a lot fast.CONSTakes higher fees than all other bitcoin exchanges.The maximum limitation of buying bitcoins is considerably low.Localbitcoins is that the crypto exchange which has earned a lot of reputation because of providing P2P (person to person) transactions all around the world.
This exchange was founded in 2012 in Finland. This is one of the few website link exchanges that take a high number of payment methods. Because of direct selling or buying together 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 requires different fees depending on the payment method selected by the dealers.
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Here, it is also important to mention that the purchaser will have 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's a massive customer database that proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured pockets. What's more, it requires minimal fees for the transactions.Get started now and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.