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The users can also purchase bitcoins by simply 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. As a result of this easy payment method, individuals around many countries invest in this exchange.This exchange provides an ordinary limit of buying bitcoins.
After 4 times the limit is increased to $200 and reaches at $500 in a week. The exchange takes 50% more charges than any other exchange on buying through credit/debit cards. In spite of high prices, people would rather buy through this exchange because of phenomenal speed of transactions. You can even exchange bitcoins on this exchange simply by registering with it.
Payment through 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 than many other exchanges.Offers purchases through credit/debit cards.Offers typical limit of buying bitcoins.Available in many countries across the world.Has a massive customer database.Transaction speed is a lot fast.CONSTakes higher fees than all other bitcoin exchanges.The maximum limitation of buying bitcoins is considerably low.Localbitcoins is that the crypto exchange that 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 with the individuals, this exchange does not provide the centre of credit/debit card payments. But, the users can use paypal technique to transfer check 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 is also important to mention that the purchaser might have to pay bitcoin network charges for transferring these into his personal wallet. Due to employing escrow payment system, it is considered as one of the exchange. Localbitcoins proves a good platform for buying bitcoins if the sellers are selected carefully.
It's a massive customer database which proves it has high liquidity. The platform is quite user-friendly even for the beginners. It gives the facility of online insured pockets. What's more, 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 here Coinbase.