Reason for this visit

East Asia and North America (dominated by the United States) are home to the world‘s two largest cryptocurrency exchange markets, with the trading volume making up nearly half of that in the global crypto market. In contrast with many exchanges in East Asia, the crypto platforms in the US are more strictly regulated. In the meantime, Coinbase, the world’s top one cryptocurrency exchange, is based in the US. In an attempt to help investors to get a more comprehensive understanding of the exchanges in the US, WikiBit survey team decides to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to the US to visit cryptocurrency exchange motocho as planned according to its regulatory address that 3575 Stevens Creek Blvd. #G San Jose, CA 95117.

The investigators came to 3575 Stevens Creek Boulevard in San Jose of California in the US for a visit to the exchanges office on October 16, 2023, and spotted a 2-storey building at the corner of Stevens Creek Boulevard and Harold Avenue in a prime location of the city.

The outdoor directory of the building displayed multiple companies, but there was no name or logo of cryptocurrency exchange motocho.

Through an on-site investigation, it is confirmed that motocho doesnt have a presence at the location.

Conclusion

The survey team went to the US to visit cryptocurrency exchange motocho, but didnt find the company at its regulatory address. This suggests that the company might just register at the place without a physical business office. Therefore, investors should be cautious in choosing the exchange.

Disclaimer

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