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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 call and SMS that will offer you 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred to your wallet. As a result of this easy payment system, individuals 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 charges than any other exchange on buying through credit/debit cards. In spite of high fees, individuals prefer to purchase through this exchange because of phenomenal speed of transactions. You can also exchange bitcoins on this exchange simply by registering with 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 simpler to use than many other exchanges.Offers purchases through credit/debit cards.Offers average limitation of buying bitcoins.Available in many countries across the world.Has a large customer database.Transaction rate is much fast.CONSTakes higher 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 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 accept a large number of payment methods. Due to direct selling or buying together with 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 requires different charges depending on the payment method chosen by the traders.
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Here, it's also important to mention that the buyer 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 exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers click site are selected carefully.
It has a massive 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. Moreover, it requires minimal fees for the transactions.Get started today and receive $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.