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Localcoin (AU)

A custodial or semi-custodial financial service.

KYC: lightTrust 25/100AU

Trust

CAUTION
JURISDICTIONAU
STATE ACTORAustralian operator. Five Eyes jurisdiction. Subject to AML/CTF Act.
WARNINGFive Eyes Jurisdiction
AUDITED BYNone on record
TRUST SCORE
25
LAST VERIFIED8/29/2025
LAST UPDATED3/13/2026

Specs

KYC LEVELlight
KYC TRIGGERSExpect unexpected KYC triggers for withdrawals above arbitrary risk thresholds.
FEE12%
NETWORKSatm
CATEGORIESBitcoin ATM
BEST FORGeneral usage
FEATURESAustralia, BTC/ETH/USDT/USDC
TOR
REGIONS1 country — Australia

About

Localcoin — Australian Bitcoin ATM network. 100+ kiosks; buy BTC, ETH with cash; phone verification required.

Follow the Money

  Localcoin — Toronto, Canada (CA)
  ──────────────────────────────────────
  Founders: Tristan Fong, Jay Pandher
  Revenue: ~12% ATM fee spread (AU)
  Funding: bootstrapped retail operation
  ├─ AU ops under AUSTRAC oversight
  ├─ Five Eyes: CA + AU jurisdiction
  └─ Phone verification required
Localcoin (AU) — ownership and funding chain

Frequently Asked Questions

Does Localcoin (AU) require KYC or identity verification?

Localcoin (AU) has a KYC level of "light". Expect unexpected KYC triggers for withdrawals above arbitrary risk thresholds.

What payment methods does Localcoin (AU) accept?

Localcoin (AU) accepts the following payment methods: atm.

Is Localcoin (AU) available in my country?

Localcoin (AU) is available in: AU.

Is Localcoin (AU) based in a Five Eyes country?

Yes. Localcoin (AU) is based in AU, which is a Five Eyes member country (US, UK, CA, AU, NZ). Authorities in Five Eyes countries can compel providers to hand over data and issue gag orders preventing disclosure.

Is Localcoin (AU) safe to use for privacy?

Use Localcoin (AU) with caution. Five Eyes Jurisdiction

Which payment networks does Localcoin (AU) support?

Accepted networks: atm.

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