Overview

Localcoin operates a platform that lets people buy and sell digital currencies with a focus on privacy. It runs physical Bitcoin ATMs and partnerships with convenience stores, enabling customers to exchange cash for cryptocurrency at terminals across Canada and Australia. The product workflow is straightforward: a user locates a terminal, follows on-screen instructions, inserts cash (and sometimes completes identity steps), and receives crypto in their wallet, or vice versa for selling. What sets Localcoin apart is its large network of ATMs, making it the biggest Bitcoin ATM provider in Canada, plus a history of expanding into other digital assets—Ontario was the first region to add Litecoin and Ethereum in their ecosystem. Localcoin’s goal is to bring digital currency into mainstream use by making it easy and private to access through widely available, physical locations.