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What are the fees and limits associated with trading on LocalBitcoins exchange?

avatarShravani KuragayalaDec 29, 2021 · 3 years ago3 answers

Can you provide more details about the fees and limits when trading on the LocalBitcoins exchange? I would like to know what fees are involved and if there are any restrictions on the trading volume or transaction size.

What are the fees and limits associated with trading on LocalBitcoins exchange?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When trading on LocalBitcoins, there are fees associated with both buying and selling Bitcoin. The fees vary depending on the payment method and the country you are trading in. It is important to check the fee schedule on the LocalBitcoins website for the most up-to-date information. As for limits, LocalBitcoins sets limits on the trading volume and transaction size to ensure the security of the platform. The limits may vary depending on your account verification level and the country you are trading in. It is recommended to check the LocalBitcoins website or contact their customer support for specific details on the limits for your account.
  • avatarDec 29, 2021 · 3 years ago
    Trading on LocalBitcoins comes with fees, just like any other exchange. The fees can be different for buyers and sellers, and they depend on various factors such as the payment method and the country you are trading in. It's important to be aware of these fees before you start trading to avoid any surprises. As for limits, LocalBitcoins has certain restrictions in place to prevent fraud and ensure the safety of its users. These limits may vary depending on your account verification level and the country you are trading in. It's always a good idea to check the LocalBitcoins website or reach out to their customer support for the most accurate and up-to-date information on fees and limits.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to trading on LocalBitcoins, fees and limits play an important role. The fees charged by LocalBitcoins vary depending on the payment method you choose and the country you are in. It's crucial to check the fee schedule on their website to understand the exact fees you'll be charged. As for limits, LocalBitcoins imposes certain restrictions to ensure the security and integrity of the platform. These limits may vary based on your account verification level and the country you are trading in. For more detailed information on fees and limits, I recommend visiting the LocalBitcoins website or contacting their customer support. They will be able to provide you with the most accurate and up-to-date information.