Inspection Reason

UK's cryptocurrency market is one of the most active and liquid markets in the world. According to CryptoCompare data，UK ranks 11th in the most active Bitcoin market. Most British people buy cryptocurrency on online cryptocurrency exchanges.To help investors more comprehensively understand the UK's cryptocurrency exchanges, the inspection team went to UK to visit.

Inspection Process

The investigators went to London, UK to visit the cryptocurrency exchange MercuriEx. Its address was Woodberry House, 2 Woodberry Grove, Finchley, London, United Kingdom.

According to the above address, the investigators came to the destination, an office building at No. 2 Woodberry Grove in London, UK. It was located in a village in the north of London, relatively remote and inconvenient for transportation.

The investigators did not find the logo or name of the cryptocurrency exchange MercuriEx outside the building. The gate was closed, so they couldn't enter and had to end this trip.

Inspection Conclusion

The investigators went to London, UK to visit the cryptocurrency exchange MercuriEx. Its public business address was in the countryside of London but the investigators didn't find the exchange’s logo or name, indicating that the cryptocurrency exchange MercuriEx may not have a real business premises. Investors are advised to choose this exchange carefully.

Inspection Statement

The above content and opinions are for reference only and not as the final selection basis.