4% Fees on Your First Transaction
Use Code 4FEE Upon Verification.
Why Get Verified?
Full Access
Gain access to over 40 ATMs across the country
Save Big on Fees
Receive limited-time offers on transactions.
Fast & Secure
Our verification process is safe and takes few minutes.
Here's How to Verify
Step 1
Verify Phone Number
Step 2
Submit ID
Step 3
Take Selfie
Step 4
Answer Questionnaire
Cryptocurrencies Offered
STEP-BY-STEP GUIDE
How to Use a Localcoin ATM
A quick video tutorial on how to use a Localcoin ATM
Cash Transaction Thresholds
Cash Transaction Amount | Requirements |
|---|---|
Up to €999.99 | Verified customer identity (Level 1). No SOF declaration required. |
€1,000 – €2,999.99 | Level 1 + Source of Funds (SOF) declaration in the app + elevated transaction-monitoring score. |
€3,000 – €10,000 | Enhanced Due Diligence (EDD), including documented Source of Wealth / Source of Funds (SOW/SOF). |
Above €10,000 | Transaction not permitted. EU-wide cash payment limit (Art. 80, Regulation (EU) 2024/1624); also applies to linked transactions that exceed the threshold in aggregate. |
Localcoin ATMs Near You
Level Up Your Limits & Benefits
Level 1 (CDD) | Level 2 (EDD) | |
|---|---|---|
Transaction Limit | 2,999 € / 12,300 zł | 10,000 € / 41,000 zł |
Daily Limit | 10,000 € / 41,000 zł | 50,000 € / 205,000 zł |
Monthly Limit | 15,000 € / 61,500 zł | 200,000 € / 820,000 zł |
Annual Limit | Up to 30,000 € / 123,000 zł | Up to 500,000 € / 2,050,000 zł |
Customer Support | Standard Support | Priority Support |
Sign-Up Process | ID and Purpose of Relationship | ID and Documented Source of Wealth / Source of Funds |
Daily, monthly, and annual limits cover the sum of all of the customer's cash transactions in the Direct POS channel, calculated over rolling windows: 24 hours, 30 days, and 12 months.
FAQ
Most KYC verifications are processed within 24-48 hours after submitting your information and documents through our secure Sumsub verification portal. However, some applications may require additional processing time due to enhanced checks or if further details are needed. You’ll receive a confirmation email once your verification is complete.
We accept valid, government-issued photo IDs, such as a Polish Passport or driver’s license. Ensure your ID is not expired and clearly shows your name, photo, and other relevant details. You’ll need to upload a photo of your ID during the verification process via our Sumsub portal. For best results, take the photo in a well-lit area and avoid covering any part of the document.
Yes, your personal information is fully secure. Localcoin uses Sumsub, a trusted and industry-leading verification platform, to process KYC data. All information is encrypted with bank-grade security protocols and stored in compliance with regulations and Polish privacy laws. We only collect the data necessary for verification (e.g., name, phone number, ID, address) and never share it with third parties beyond what’s required for compliance.
To verify your identity, you’ll need:
- A valid government-issued photo ID (e.g., Polish Passport, driver’s license).
- A cellphone capable of receiving text messages (to receive a one-time passcode) and taking clear photos of your ID.
- Your full home address.
If your application takes longer than 48 hours or is rejected, our Support Team may need additional details or clearer documentation. Check your email for any messages from us requesting further information. Ensure your ID is valid, not expired, and that photos are taken in a well-lit area without obstructions (e.g., no hats or face coverings). You can also contact our Support Team at [email protected] for assistance.
Yes! Once verified, your KYC status is linked to your account and applies to all Localcoin Bitomats across Poland. Simply use your verified phone number at any of our ATMs to access higher daily limits of 29,500 zł, yearly limits of 270,000 zł, and enjoy a 10% discount on transaction fees for every transaction, no matter the location.