Background

East Asia and North America (mainly the United States) are the world’s two largest cryptocurrency trading markets, with trading volume accounting for about half of the global crypto market. Compared with many exchanges in East Asia, exchanges in the U.S. are more strictly regulated, and the U.S. has the world’s largest cryptocurrency exchange, Coinbase.In order to help investors get a more comprehensive understanding of U.S. cryptocurrency exchanges, the survey team decided go to the U.S. for field visits.

Records

In this period, the survey personnel went to San Francisco, USA to visit the cryptocurrency exchange DYDX. The survey address was 201 FOLSOM ST. APT. 14D SAN FRANCISCO CA.

The survey personnel came to the building located at FOLSOM ST 201 in San Francisco, USA. The building is about a 10-minute drive from downtown San Francisco. There are many tall buildings nearby and it is very prosperous.

The investigator approached and found that this building was a high-level private residence, not an office building; there was no sign on the outside of the building that showed logo or other information of the cryptocurrency exchange DYDX. Since access control cards were required to enter, the survey personnel had to end this survey trip. 

Conclusion

The investigators went to San Francisco, USA to visit the cryptocurrency exchange DYDX. The publicly displayed address of the business was a high-end private apartment, not an office space, and the investigators did not find the office of the exchange. Therefore, the cryptocurrency exchange DYDX may not have a real business venue. Investors are advised to choose this exchange carefully.

Disclaimer

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