Inspection Reason

Due to the strict regulations of the South Korean government, the trading volume of domestic exchanges in the country has fallen sharply. The development of domestic exchanges in South Korea was slow. With the rising development of cryptocurrency exchanges in North America, the competition among local exchanges in South Korea has become increasingly fierce. In order to help investors understand the cryptocurrency exchanges in the country more comprehensively, the survey team went to South Korea for field survey.

Inspection Process

The investigators visited the cryptocurrency exchange oasisexc in Seoul, South Korea, whose address was 9th floor, 116-1, Yangping Road, Yeongdeungpo District, Seoul.

The survey staff came to the office building located at 116-1 Yangping Road, Seoul, South Korea.

The investigators did not find the logo or name of oasisexc on the sign board of the building.

In order to confirm whether oasisexc has an office here, the surveyors further visited and didn’t find the logo or other information of the exchange on the mailbox of the building.

Inspection Summary

The investigators visited the cryptocurrency exchange oasisexc and did not find its office at the publicly displayed address, which means oasisexc may not have a real business office in Seoul, South Korea. Investors are advised to choose this exchange carefully.

Inspection Statement

The above content and opinions are for reference only and can not be regarded as the basis for the final decision.