Reason for this visit

15% of South Africans own cryptocurrency, the second largest percentage in the world. In other words, the percentage of South African cryptocurrency holders is the second highest in the world, and 36% of South Africans surveyed plan to invest in crypto in the future. If you add this number to 25% of investors who invest in low-value investments, it can show great curiosity and interest in crypto investment. In order to help investors have a more comprehensive understanding of the country's crypto exchanges, the survey team decided to go to the country for on-site visits.

On-site visit

In this period, the survey personnel went to visit the cryptocurrency exchange OVEX in Cape Town, the capital of South Africa. The survey address is 501, the point 76 Regent Rd, Cape Town, Western Cape, South Africa.

According to the above address, the survey personnel came to the destination of the current survey, which is located in the bustling street of Cape Town. The building is 5-6 stories high, and there are many shops connected to The Point mall next door. The investigators tried to enter the building but were blocked by security personnel and were unable to take photos of the interior. They needed to be led by office employees in the building to go in for a visit. The investigators did not find any information about the cryptocurrency exchange OVEX there.

Conclusion

The investigators went to Cape Town, the capital of South Africa, to visit the cryptocurrency exchange OVEX as planned. They did not find the office of the exchange on the publicly displayed address. Therefore, the cryptocurrency exchange OVEX has no real business place at this address. 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.