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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 telephone and SMS that will provide you with 4 digit code. After a few minutes of payment confirmation, the bitcoins are transferred into a wallet. As a result of this easy payment system, people around many countries invest in this exchange.This exchange offers an ordinary limit of buying bitcoins.
After 4 times 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, 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 always 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 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 massive customer database.Transaction rate is a lot fast.CONSTakes higher fees than the rest of the bitcoin exchanges.The maximum limit of buying bitcoins is considerably low.Localbitcoins is that the crypto exchange that has earned a great deal of reputation because of providing P2P (person to person) transactions all around the world.
This exchange was founded in 2012 in Finland. This is one of the few exchanges that accept a high number of payment methods. Because of direct selling or buying together with the individuals, this exchange does not offer the centre of credit/debit card payments. But, the users can use paypal technique to transfer funds through credit cards. This exchange also requires different fees depending on the payment method chosen by the traders.
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Here, it is also important to mention he has a good point that the buyer might need to pay bitcoin network charges for transferring these into his personal wallet. Because of employing escrow payment system, it is considered as one of the secure exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It's a massive 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 pockets. Moreover, it requires minimal prices for the transactions.Get started today and receive $10 worth of free bitcoin when you purchase more than $100 value on Coinbase.