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The consumers can also buy bitcoins simply by filling a form for payment. The payment can also be confirmed through a voice call and SMS that will offer you 4 digit code. Following a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. Due to this simple payment method, individuals around many countries invest in this exchange.This exchange offers an ordinary limitation of buying bitcoins.
After 4 times 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, people would rather buy through this exchange due to phenomenal rate of transactions. You can even exchange 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 speed is much fast.CONSTakes greater fees than all other bitcoin exchanges.The maximum limitation 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 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. Due to direct selling or buying together 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 requires different charges depending on the payment method selected by the dealers.
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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 system, it's considered one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It visit the site has 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 wallets. Moreover, it takes minimal prices for the transactions.Get started today and receive $10 worth of free bitcoin when you buy more than $100 worth on Coinbase.