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The consumers can also purchase 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. After a couple of minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this simple payment method, individuals around many countries invest in this exchange.This exchange offers an ordinary 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, individuals prefer to purchase through this exchange due to phenomenal speed of transactions. You can even trade bitcoins on this exchange by simply 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 buys through credit/debit cards.Offers average limit of buying bitcoins.Available in many countries across the world.Has a large customer database.Transaction rate is much fast.CONSTakes higher fees than the rest of the bitcoin exchanges.The maximum limit of buying bitcoins is considerably low.Localbitcoins is the crypto exchange that 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 read this post here a large number of payment methods. Because of direct selling or buying with 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 charges depending on the payment method selected by the traders.
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Here, it's also important to mention that the buyer might have to pay bitcoin network fees for transferring these into his personal wallet. Because of employing escrow payment method, it's considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It has a large customer database which proves that it has high liquidity. The platform is very user-friendly even for the beginners. It gives the facility of online like this insured wallets. What's more, it requires minimal fees for the transactions.Get started now and receive $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.