Menu
CB Cryptocurrency LocalCoin.ca bitcoin scam - their atms are fraud
LocalCoin.ca

LocalCoin.ca review: bitcoin scam - their atms are fraud 14

L
Author of the review
12:28 pm EST
Featured review
This review was chosen algorithmically as the most valued customer feedback.

Local coin atm - Scam, Fraud, Dont use!

I put $945 into the machine at Yorkdale Mart 3261 Dufferin St North York, M6A 2T2, Canada. The money went into the machine but the transaction never sent a orange prompt came up to call a number or email help@localcoin.ca

I called the number on the machine and waited on hold for 5 minutes and no one answered. The owner of the store said the space is leased and to contact local coin directly.

I've been speaking with support for 4 days. They keep giving me the same stupid run around. They've held my bitcoin hostage and haven't released it to me. $1000 isn't an insignificant amount. They ignore my emails and just tell me to keep waiting. Essentially they've stolen $1000 from me because their machine had an error and they've failed to take responsibility for it so far.

I suggest you don't use this companies atms ever. It was a malfunction on their end and their support is horrible. They offer you vague answers and just tell you to wait.

They are clearly frauds and scammers. Stay away and use other bitcoin atms or localbitcoins.com it's fast and hassle free.

14 comments
Z
Z
Zedsdead187
Ottawa, Ontario, CA
Apr 23, 2021 12:00 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

I went to a local coin BTM to do a sale transaction yesterday. I had to do two transactions because of the limit. The first one went through fine but the second one told me that there wasn't enough money in the machine to cover it. I called support who said that they would get back to me and do an etf. Nobody got back to me and I called support back today. He just took my name and number and told me that they would call me back today. Complete fraud they could be using my Bitcoin right now. I should be getting mad interest on this. Is there some legal recourse that us as dissatisfied customers could take?

O
O
Out Here
, US
Sep 27, 2019 4:18 pm EDT

They got me for $100 using flexepin voucher. I tried adding it to my bitcoin wallet and they took my money but received no bit coin! Ignoring my emails and they’re number doesn't even work goes to voicemail! SCAM

E
E
EinsteinE
, US
Feb 08, 2019 1:04 pm EST

I also happened to me 1250.00 in ETH, the service was Sht but after 3 days i got my ETH, me happy
Its not a Scam., so stop spreading the sht, i don't know what is up with there sht service and it is sht, but don't call it a scam

L
L
Localcoinfraud
, US
Jan 30, 2019 1:46 pm EST

Worst atms out there. CrAzy fees and bad service

L
L
Localcoinfraud
, US
Jan 30, 2019 1:45 pm EST

Not the first thread of this kind, wont be the last.

Don’t deal with these guys.

L
L
Localcoinfraud
, US
Jan 30, 2019 1:45 pm EST

I hate these [censored]ers. Terrible customer service.

They’re honestly the worst.

Never deal with them or their atms.

S
S
scamwatch4838
, US
Jan 30, 2019 1:42 pm EST

Thanks for doing this though let’s make a big reddit thread in the bitcoin section

S
S
scamwatch4838
, US
Jan 30, 2019 1:42 pm EST

This is a known thing many threads on them

S
S
scamwatch4838
, US
Jan 30, 2019 1:42 pm EST

Lets start a reddit thread same thing happened to me. Seems like this company is stealing from us all!

B
B
Btcbuyer
, US
Jan 30, 2019 1:40 pm EST

I’ll let everyone on reddit know about this

B
B
Btcbuyer
, US
Jan 30, 2019 1:40 pm EST

Localcoin.ca is a big scam tho ive heard. Use localbitcoins.com I agree never atms with stupid fees.

B
B
Btcbuyer
, US
Jan 30, 2019 1:39 pm EST

Don’t use bitcoin atms lol. They’re the worst way to buy. It’s your fault for trusting some stupid atm company.

D
D
Dijadex
, US
Jan 30, 2019 12:56 pm EST

Same [censored] happened to me.

Avoid localcoin.ca atms

F
F
Fraudalertcentral
, US
Jan 30, 2019 12:30 pm EST

This companies a huge scam. Never use localcoin.ca or a localcoin atm. They are scammers and fraudsters.

Localbitcoins.com is way easier and better.

Same thing happened to me!

Learn how the rating is calculated

Write a review File a complaint

LocalCoin.ca contacts

Phone number
Website
Category