Localcoin Review: Is It Safe? Fees, App & Ranking

Localcoin

5-10 years

Limited Regulation

Exchange

Regulated in Canada

Crypto Asset Exchange Registration (MSB)

Visit Website

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Basic Information

Country/Region

Canada

Exchange AbbreviationLocalcoin

Company Name9992987 CANADA INC.

Operating Period5-10 years

Websitehttps://localcoinatm.com/

Trade TypeSpot Trade、Fiat Trading

Score

0.00/10

2026-08-09 Rating

RiskNotice

4 risk alerts

High Risk 2

Medium Risk 2

FINTRACRegulated

Canada Crypto Asset Exchange Registration (MSB)

License No.: M20643902
Regulatory Jurisdiction: Canada
Licensed Entity: 9992987 CANADA INC.
Effective Date: 2020-06-03
Sharing Status: No

Survey
1

A Visit to Localcoin in Canada - No Office Found

The survey team went to Canada to visit cryptocurrency exchange Localcoin, but didn’t find the company at its regulatory address. This signifies that the company might just register with the address without a physical business office. Accordingly, investors should be meticulous in choosing the exchange.

Danger

Canada2024-05-11

Exchange Overview

What is Localcoin?

Localcoin is Canada's largest Bitcoin ATM network, where users can instantly buy and sell Bitcoin, Ethereum, Dogecoin, and Litecoin at its ATMs.

Platform Features

The platform has over 900 crypto ATMs (over 1,000 nationwide) in Alberta, British Columbia, Ontario, Quebec, and other locations, along with comprehensive online services, with the slogan "Making crypto accessible.

Business Region

InfluenceB