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The consumers can also purchase 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 to your wallet. Due to this simple payment method, individuals around many countries invest in this exchange.This exchange offers an average limit of buying bitcoins.
After 4 days the limit is increased to $200 and reaches at $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 also exchange 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 this exchange.PROSA lot easier to use than many other exchanges.Offers buys through credit/debit cards.Offers typical limit of buying bitcoins.Available in many countries across the world.Has a massive customer database.Transaction rate is much fast.CONSTakes greater fees than the rest of the bitcoin exchanges.The maximum limit of buying bitcoins is considerably low.Localbitcoins is that the crypto exchange which has earned a lot of reputation because of providing P2P (person to person) transactions all across the world.
The exchange was founded in 2012 in Finland. This is one of the few exchanges that accept a high number of payment methods. Due to direct selling or buying together with the individuals, this exchange does not offer the facility of credit/debit card payments. However, the users can use paypal method to transfer funds through credit cards. This exchange also takes different fees 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 one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It has a large customer database that 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 useful source the transactions.Get started today and Get $10 worth of free bitcoin when you purchase more than $100 worth on Coinbase.