A Visit to the Cryptocurrency Exchange Bitz in Toronto Canada - Finding No Office

Danger
Canada Canada
2021-03-11
Field Survey Time:2021-03-11
A Visit to the Cryptocurrency Exchange Bitz in Toronto Canada - Finding No Office
A Visit to the Cryptocurrency Exchange Bitz in Toronto Canada - Finding No OfficeA Visit to the Cryptocurrency Exchange Bitz in Toronto Canada - Finding No OfficeA Visit to the Cryptocurrency Exchange Bitz in Toronto Canada - Finding No OfficeA Visit to the Cryptocurrency Exchange Bitz in Toronto Canada - Finding No Office

2300 Yonge Street, Toronto, Ontario, Canada

Reason for this visit

Canada is one of the most "crypto-friendly" countries in the world. In June 2020, the country passed a bill to completely legalize cryptocurrency, and cryptocurrency exchanges are classified as institutions that provide financial services. As a result, Canada has become the market that global crypto exchanges are competing for. In order to help investors understand the country's crypto exchanges more comprehensively, the survey team plans to visit the country on site.

On-site visit

This time the survey team went to Toronto, Canada to visit the cryptocurrency exchange Bitz as planned. The survey address is 2300 YONGE ST SUITE 1600 Toronto CANADA.

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The survey personnel came to the destination of the survey based on the above address, which is located in a commercial office building at 2300 YONGE Avenue in Toronto, Canada, with shops underneath.

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The investigators took the elevator to the 16th floor, and the name of the cryptocurrency exchange Bitz was not found on the sign on the floor.

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In order to further confirm whether the cryptocurrency exchange Bitz is operating here or not, the survey personnel came to the 1600 office. There was no company name or logo at the door. The office space inside was large, like a shared office. The survey personnel asked the receptionist if the exchange operated here, and the answer received was “not”.

Conclusion

The investigators went to Toronto, Canada, to visit the cryptocurrency exchange Bitz, and they did not find the exchange's office space on its publicly displayed business address. Therefore, the cryptocurrency exchange Bitz may not have a real business venue here. 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.

Broker Information

No Regulation

BitZ

Website:https://www.bitz.cm/

2-5 years | Suspicious Regulatory License | High potential risk
  • Company Name: BitZ
  • Country/ Region of Registry: Canada
  • Company Abbreviation: BitZ
  • Official Email: service@bitz.email
  • Twitter : https://twitter.com/BitZ_Group
  • Facebook : https://www.facebook.com/BitZAgency/
  • Customer Service Number: --