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Find a Location

Local Coin Invest has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Business ProfileforLocal Coin Invest

    Cryptocurrency Exchange

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    1 complaints closed in last 3 years

    0 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Related Categories

    Business Details

    Location of This Business
    161 Church St, Toronto, ON M5B 1Y4
    BBB File Opened:
    6/2/2023

    Customer Complaints

    1 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    06/02/2023

    Complaint Type:
    Billing Issues
    Status:
    Unanswered
    I was approached by a ***** ***** ****** ****** with an investment strategy in September of 2023. After discussions and consideration, I decided to invest in LocalCoinInvest which is a crypto currency mining Company. I was called upon to invest periodically and Ms. D. *** *** ********* ** ***** ** ********* ******** helped me make my payments in a timely manner. The Tool/Product was set to mature on 12-23-2022 at which time I would be able to access and withdraw from my accounts. At that time there was no mention of Penalties or Portals. To date, i have not received any documentation on these items. On 12-24-2022, I instructed Ms. D. to initiate the withdrawal process for an initial $8,000 USD as soon as available. At that time, Ms. D. said the the availability of my funds was dictated by a Portal of availability. This was new information to me. This delayed my withdrawal into 01-10-2023. I tried to work with this company, but as to Portal became open, NOT before, I was informed of a 10% penalty on my withdrawal. This was an $800 USD fee **** * *** *** ****. I inquired as to the availability of the $800 being charged to my account as my investment had grown to over $33,620 USD in assets. I got a **** reply of NO. I have sincerely tried to work with this company and Ms. D. as their representative to withdraw a lessor amount and have been told that can not happen. Since then, My account assets have grown to $41,120 USD. I was just informed today by Ms. D.That the Portal has closed and my penalty is now $1,000 USD. I was also told that the company has fixated that I will only be allowed to withdraw $8,000 or greater amount. **** * ***** *** **** ******** * *** **** **** *** **** ******** **** **** ******** *** ***********  I have sincerely tried to work with these people to obtain the assets that are available from my account. That is why I am coming to the BBB for assistance .

    Customer Reviews

    1 Customer Reviews

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    How BBB Processes Complaints and Reviews

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    Most Recent Customer Review

    Donald C

    1 star

    17/04/2024

    Local coin was suppose to deliver a sum of money to me that I invested and requested to withdraw. I have been charged twice for the delivery and and never received it. Their excuse is I haven't been home when they make delivery and that is not true. After their supposedly 2nd attempted delivery, I was told it was late at night and I was not standing out front of my home to receive the delivery. * ******* **** ***** * ****** *** * ***** I'm completely dissatisfied with their business.

    Local BBB

    BBB Serving Central Ontario

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