Reason for this visit

Throughout the development of the cryptocurrency industry in Southeast Asia, Thailand has become a force that cannot be underestimated. Thailand's regulatory authorities adjust the regulatory structure in real time, hoping to take the lead in this field. In order to help investors get a more comprehensive understanding of the cryptocurrency dealers (exchanges) in this country, the survey team this time paid a visit to the cryptocurrency exchange Huobi in Bangkok, Thailand.

Throughout the visit

The destination of this visit is the exchange Huobi’s office in Bangkok, Thailand. According to its official website https://www.huobi.co.th/, the office address is 1 Empire Tower Room No. 2710, Floor 27, South Sathorn Road, Yannawa, Sathon, Bangkok.

Based on the above address, the survey team came to the Empire Tower in Bangkok, Thailand, which is regarded as one of Bangkok's landmark buildings. To get the survey done, the team came to the lobby on the first floor, but did not find any logo or other information of the cryptocurrency exchange Huobi.

Afterwards, the team went to the 27th floor, but did not find the company name of the cryptocurrency exchange Huobi on the signboard.

The survey team went straight to the Office Room No. 2710 . Surprisingly, they found that the office had moved away. According to the official website of Huobi, the office should be its business premise. The investigators learned from the office staff nearby that the office had been moved away since early November 2020.

Conclusion

The survey team went to the cryptocurrency exchange Huobi’s office in Thailand for on-site visit, and surprisingly found that the exchange’s office had already moved away at the beginning of November, which means that the exchange’s office in Thailand does not exist. Investors are advised to choose this exchange carefully.

Disclaimer

The content is for informational purposes only and it is not intended as a recommendation or advice.