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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 provide you with 4 digit code. Following a few minutes of payment confirmation, the bitcoins are transferred into a wallet. Due to this simple payment method, individuals around many countries invest in this exchange.This exchange provides an ordinary limit of buying bitcoins.
After 4 days the limit is increased to $200 and reaches $500 in a week. The exchange takes 50 percent 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 speed of transactions. You can even trade bitcoins on this exchange simply by registering with it.
Payment via credit/debit cards is obviously preferred 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 find more than many other exchanges.Offers purchases through credit/debit cards.Offers typical limitation of buying bitcoins.Available in many countries across the world.Has a large 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 the crypto exchange that has earned a lot of reputation because of providing P2P (person to person) transactions all around the world.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that take a high number of payment methods. Because of direct selling or buying with the individuals, this exchange does not offer the facility of credit/debit card payments. But, 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 dealers.
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Here, it is also important to mention that the buyer might need to pay bitcoin network fees 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 good platform for buying bitcoins if the sellers are selected carefully.
It has a massive customer database that proves it has high liquidity. The platform is very user-friendly even for the beginners. It gives the facility of online insured wallets. Moreover, it requires minimal prices for the transactions.Get began today and receive $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.