Reason for this visit

The Crypto market in the UK is one of the most active markets in the world. According to the CryptoCompare, the trading activity there is so significant that the UK ranks 11th among the most active Crypto markets, with the majority of Brits buying cryptocurrencies on online cryptocurrency exchanges. To help investors know more about the local exchanges, the survey team will go to UK for on-site visits.

On-site visit

This time the survey team visited the cryptocurrency exchange BINARICX in London, UK, with the specific address at 296 High Holborn,London WC1V 7JH.

The survey personnel came to the destination of the current survey according to the above address. The destination building is located on the High Street of Holborn, London. There is a developed commercial area nearby and the streets are busy. The dealer’s address is located in the inner street where there are fewer people. The building is an eight-storey office building with the names of various companies shown on the water sign at the entrance.

The investigators did not find the trader’s name on the water sign. After verification by the front desk, it was determined that BINARICX does not exist in the building now, and no information about the dealer has been found in the historical entry data. As a result, the survey staff confirmed that the dealer does not have an office here.

Conclusion

The survey personnel went to London, UK to visit the cryptocurrency exchange BINARICX as planned, but did not find the office of the exchange on its publicly displayed business address, which means that the cryptocurrency exchange BINARICX may not have a real business venue. Investors are advised to choose this exchange carefully.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.