News

What is Blockchain? How Does It Work?
- By Localcoin
- July 10, 2023
Many current and aspiring crypto users have heard of “blockchain” — the technology that powers many cryptocurrencies, including Bitcoin. That said, there are many who don’t know what it actually is, how it works or why it’s so important. If this sounds like you, you’re definitely not alone. Consi...Read more
What is Cryptocurrency? A Beginner's Guide
- By Localcoin
- July 3, 2023
With global interest in cryptocurrencies continuing to grow, it’s safe to say that this new type of financial product is here to stay. And with that newfound mainstream popularity comes a whole lot of questions for newcomers looking for basic knowledge of cryptocurrency. This exciting new finan...Read more
How to Send Money Through a Bitcoin ATM In 2023?
- By Ian Cheeseman
- June 29, 2023
Sending money through a Bitcoin ATM is a convenient and secure way to transfer funds in the world of crypto. In recent years, Bitcoin ATMs have gained popularity due to their accessibility, ease of use, and security. Regardless of your familiarity with the space, Bitcoin ATMs have their place. ...Read more
How to Buy Dogecoin in Canada: A Breakdown for Beginners
- By Localcoin
- June 26, 2023
Dogecoin may have started as a bit of a joke, but over the years it’s proven itself as a coin to be taken seriously. As this coin rose to fame, so did its market cap, helping it go from an internet meme to a viable currency with millions of investors. If you're ready to purchase your first dogeco...Read more
Top 30 Crypto Terms You Should Familiarize Yourself With
- By Localcoin
- June 26, 2023
If you’re looking to dive deeper into the world of cryptocurrency, you’re bound to come across some crypto terminology you’re unfamiliar with. Cryptocurrency and the technologies it relies on are relatively new and rapidly evolving. Whether you’re getting into cryptocurrency for the first time or...Read more
What is a Bitcoin ATM and How Does it Work?
- By Localcoin
- June 26, 2023
Bitcoin (BTC) is the original blockchain-based digital currency and the world’s most popular cryptocurrency that was launched in 2009. As of August 2021, Bitcoin is even accepted by some major retailers, allowing it to be used for a variety of offline transactions. The success of Bitcoin has ins...Read more
How to Buy Bitcoin with Cash in 2023: A Beginner’s Guide
- By Localcoin
- June 26, 2023
In the ever-evolving landscape of cryptocurrencies, Bitcoin continues to be a prominent digital asset with over 420 million global crypto users as of July 2023. The methods for acquiring Bitcoin have expanded to cater to a wide range of preferences and needs. One of these methods involves purch...Read more
How to Buy Ethereum in Canada 2023
- By Ian Cheeseman
- June 26, 2023
Ethereum — the closest crypto competitor to Bitcoin by market cap — is redefining cryptocurrency. More than just a currency, Ethereum is a multi-purpose platform that’s home to the coin Ether (ETH), as well as user-made applications, non-fungible tokens (NFTs) and more. The many uses and benefits...Read more
My Co-op Experience Working at a Fintech Startup
- By Localcoin
- April 26, 2023
Stepping into the world of crypto with a job at a fintech startup was an exciting and unique opportunity. As a co-op student, the experience was priceless.Read more
Localcoin Security Update: March 20th, 2023
- By Localcoin
- March 20, 2023
We want to assure our customers that Localcoin was not affected by the recent security incident at GeneralBytes. As a non-custodial cryptocurrency exchange, we do not hold our customers' funds or personal information, which minimizes the risk of security incidents impacting our customers. We are ...Read more

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What is Blockchain? How Does It Work?