Localcoin
5-10 years
Limited Regulation
Exchange
Regulated in Canada
Crypto Asset Exchange Registration (MSB)
Visit Website

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
2026-08-28 Rating

RiskNotice

4 risk alerts
High Risk 2
Medium Risk 2

FINTRACActive

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

Exchange Overview

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
0
2
4
6
8
10

News

Dfinity responds to Internet Computer decentralization and privacy concerns

Dfinity, the team behind the Internet Computer protocol, or ICP, has fired back at critics of its decentralization and privacy features in an “Ask Me Anything” on Reddit yesterday.  The team sought to assure that the projects foundation does not have control over the majority of voting power, emphasizing that decentralization is a priority for the network as it moves forward.  The project aims to replace the public internet with a distributed network of data centers, nodes, subnets and users coordinated through the Network Nervous System, or NNS. The NNS decides which nodes can join Dfinity‘s network, disciplines misbehaving nodes, and facilitates communications between the ICP’s various components and participants.  However, the NNS has been the subject of criticism, with users expressing concerns regarding the centralization of voting power, the closed-course and patented code underpinning the protocol, a lack of transparency regarding data collection, and the single point of failure created by the NNS design.  Some have expressed qualms about NNS voting rights accruing over time, fearing that the system guarantees Dfinitys foundation and its early backers will maintain centralized control over the network in the future.  Responding to concerns about the projects lack of decentralization, Dfinity researcher, Jens Camenisch, said: “The end goal is

Dfinity responds to Internet Computer decentralization and privacy concerns
2021-05-28Deep Dive