Reason for this visit

As one of the largest markets around the world, Japan is the first country putting cryptocurrency under regulation, which attracts plenty of cryptocurrency exchanges. In order to help investors to get a more comprehensive understanding of the country's cryptocurrency exchanges, the survey team go to Japan for on-site visits.

On-site visit

In this issue, the investigation team went to Tokyo, Japan to visit the cryptocurrency exchange CoinBest (licensee: CoinBest Co., Ltd.) as planned according to its registered regulatory address that 4/F, Kayabacho Dai-2 Heiwa Building, 2-9-8 Nihombashi, Chuo-ku, Tokyo.

The investigation team arrived at the destination on February 27, 2023, where Kayabasho Dai-2 Heiwa Building was situated near Kayabacho Station in the east of Tokyo Station. From the company directory of the building, it could be seen that company CoinBest was located on the 9th floor, which was running business normally during opening hours, with related cryptocurrency documents on the office door. There was no reception desk or security guard so that people were allowed to enter freely.

Conclusion

The survey personnel went to Tokyo, Japan to visit the cryptocurrency exchange CoinBest as scheduled, and clearly spotted the companys name and logo at its registered regulatory address. Therefore, it is confirmed that the company has a physical presence here. And investors are advised to make a sensible choice based on a comprehensive consideration.

Disclaimer

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