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The users can also buy bitcoins simply by 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 few minutes of payment confirmation, the bitcoins are transferred to a 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 at $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 prefer to purchase through this exchange due to phenomenal rate of transactions. You can also trade bitcoins on this exchange by simply registering for it.
Payment via credit/debit cards is obviously favored here. After verification you can buy bitcoins through paying with credit/debit cards. Following are the pros and cons of this exchange.PROSA lot easier to use than many other exchanges.Offers buys through credit/debit cards.Offers average limit of buying bitcoins.Available in many countries across the world.Has a massive customer database.Transaction speed is a lot fast.CONSTakes higher fees than the rest of the bitcoin exchanges.The maximum limit of buying bitcoins is considerably low.Localbitcoins is that the crypto exchange which has earned a great deal of reputation due to providing P2P (person to person) transactions all across the world.
This exchange was founded in 2012 in Finland. This is one of the few exchanges that take a large number of payment methods. Because of 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 selected by the dealers.
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Here, it is also important to mention that the purchaser might need to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment method, it is considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It's a massive customer database that proves it has high liquidity. The platform is quite user-friendly even for the beginners. It provides the facility of online insured wallets. Moreover, it takes minimal fees for the transactions.Get started today and Get $10 worth of free bitcoin when you buy more than $100 Top 10 Cloud Mining worth on Coinbase.