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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 call and SMS that will offer you 4 digit code. After a couple of minutes of payment confirmation, the bitcoins are transferred to a wallet. Due to this easy payment system, 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 percent more fees than any other exchange on buying through credit/debit cards. In spite of high fees, individuals prefer to buy through this exchange because of phenomenal rate of transactions. You can even exchange bitcoins on this exchange by simply registering with it.
Payment through credit/debit cards is obviously preferred here. After verification you can purchase 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 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 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 facility of credit/debit card payments. However, 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 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 method, it is considered one of the exchange. Localbitcoins proves a fantastic platform for buying bitcoins if the sellers are chosen carefully.
It's a large 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 requires minimal fees for the transactions.Get began helpful resources now and receive $10 worth of free bitcoin when you buy more than $100 value on Coinbase.