Reason for this visit

The Bitcoin market in the UK is one of the most active markets in the world. According to the CryptoCompare, the trading activity there is so significant that the UK ranks 11th among the most active Bitcoin markets, with the majority of Brits buying cryptocurrencies on online cryptocurrency exchanges. To help investors know more about the local exchanges, the survey team will go to UK for on-site visits.

On-site visit

This time the survey team visited the cryptocurrency exchange Coinmate in London, UK, with specific address at Dept 613a 601 International House, 223 Regent Street, London, United Kingdom W1B 2QD.

The survey team came to the destination of this survey visit, an office building at 223 Regent Street, London, UK. The building is under renovation and has a British style appearance.

The team did not find the logo or name of the cryptocurrency exchange Coinmate outside the building. When the team were ready to enter the building for a site visit, they found it needed to ring the doorbell. However, no name of the cryptocurrency exchange Coinmate was found at the doorbell.

 Conclusion

The survey team went to London, UK to visit the cryptocurrency exchange Coinmate, and found no business premise of the exchange, which means the given business address was fake. Please be prudent if trading with this exchange. 

Disclaimer

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