Reason for this visit
The financial status of Singapore in the Asia Pacific region is extremely significant. While the digital asset market is rising upward, many exchanges around the world are coveting this market. To help investors know more about the local exchanges, the survey team plans to go to Singapore to for on-site visits.
This time the survey team visited the cryptocurrency exchange PayBito in Singapore, with specific address at 160 Changi Road, #03-02 Hexacube, Singapore 419728.
The surveyors came to the destination of this survey, the Hexacube Building located at 160 Changi Road, Singapore, with the convenient transportation. Entering the building, the surveyors found Room #03-02 on the directory belonged to another company, which should be the office of the cryptocurrency exchange PayBito.
The surveyors went to the office floor publicly displayed by the cryptocurrency exchange PayBito and found that the destination company was called "ONPOINT/HEROHOMES" instead of "PayBito". Also, there was on one in the office. Later, the surveyors asked the security guard of the building, who did not heard of the existence of PayBito. In the end, the surveyors could not confirm whether the cryptocurrency exchange PayBito was working here.
The survey team went to Singapore to visit the cryptocurrency exchange PayBito, and found no business premise of the exchange. Please be prudent if trading with this exchange.
The content is for informational purpose only, and shall not be taken as final order for making choice.
2-5 years | Suspicious Regulatory License | High potential risk