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The users can also buy 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. After a few minutes of payment confirmation, the bitcoins are transferred to your wallet. Due to this easy payment system, people around many countries invest in this exchange.This exchange provides an average limitation of buying bitcoins.
After 4 days 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 fees, people prefer to purchase through this exchange due to phenomenal speed of transactions. You can also exchange bitcoins on this exchange by simply registering for 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 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 much fast.CONSTakes greater fees than all other 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 around the world.
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 all the individuals, this exchange does not provide the centre of credit/debit card payments. However, 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 dealers.
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Here, it's also important to mention that the buyer might need to pay bitcoin over here network fees for transferring these into his personal wallet. Due to employing escrow payment method, it's considered one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It's a large customer database which proves that it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured pockets. Moreover, it requires minimal fees for the transactions.Get began today and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.