Reason for this Visit

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 various exchanges in East Asia, exchanges in the US are subject to stricter regulation. Besides, Coinbase is the world's largest cryptocurrency exchange in the US; To help investors better understand cryptocurrency exchanges in the US, our investigation team went to the US to carry out a site visit.

Site Visit

The investigators paid a visit to Paxos Trust at 130 5th Ave 3rd Floor, New York.

The investigators came to the above-mentioned address, which is located in the office building at 130 5th Ave, New York, USA. The building is located in a professional office block in New York, with many tall buildings nearby, which looks very prosperous.

The investigators entered the building and found that there was no sign in the lobby. After that, they took the elevator to the third floor and could not enter the office area. The investigators went downstairs to consult the security, and learned that the entire 3rd floor is the office space of Paxos Trust and must be led by its employees before entering.

Summary

The investigators visited Paxos Trust in New York, USA. There is an office space on its publicly displayed address. It is found that the entire three floors of the building belong to the exchange, but the investigators failed to enter the office. Investors are advised to choose this exchange prudently.

Disclaimer

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