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The consumers can also purchase bitcoins simply by 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 method, individuals around many countries invest in this exchange.This exchange offers 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 prices, people would rather buy through this exchange due to phenomenal rate of transactions. You can even trade bitcoins on this exchange by simply registering with it.
Payment via 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 purchases through credit/debit cards.Offers typical limit of buying bitcoins.Available in many countries across the world.Has a massive customer database.Transaction rate is a lot fast.CONSTakes greater fees than all other bitcoin exchanges.The maximum limitation of buying bitcoins is considerably low.Localbitcoins is the crypto exchange which 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 those few exchanges that take a large number of payment methods. Due to direct selling or buying with all the individuals, this exchange does not provide the facility of credit/debit card payments. However, the users can use paypal technique to transfer funds through credit cards. This exchange also takes different charges depending on the payment method chosen by the traders.
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Here, it is also important to mention that the purchaser will need to pay bitcoin network charges for transferring these into his personal wallet. Because of employing Website escrow payment system, it's considered as one of the secure exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are chosen carefully.
It has a large customer database which 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 prices for the transactions.Get started today and Get $10 worth of free bitcoin when you buy more than $100 value on Coinbase.