Reason for this visit
Cyprus purchased Greek national debt non-prudently in 2012. When the Greek national debt management defaulted, the Cyprus banking system suffered heavy losses, exceeding 30% of Cyprus’s GDP, and the country’s domestic debt crisis arose. In response to the crisis, the Cypriot government introduced a terrible solution that was opposed by all people, aggravating the crisis. At the same time, some people in Cyprus discovered that various cryptocurrencies whose prices are in an upward cycle, independent of sovereign currencies, may be able to cope with this crisis, so some funds poured into the small cryptocurrency market in an attempt to avoid risks and protect themselves. Gradually, Cyprus has become an active country for cryptocurrency transactions. In order to help investors learn more about the current status of the cryptocurrency exchanges in Cyprus, the survey team is going to Cyprus for site visits.
This time the survey team visited the cryptocurrency dealer Easymarkets Traders in Limassol, the second largest city in Cyprus, with specific address at Griva Digeni 1 Ave, Kriel Court, Office 303, CY-3035 Limassol / P.O. Box 53742,CY-3317 Limassol.
According to the above address, the survey team came to the destination of this survey. It was a modern office building near the Limassol Courthouse, 50 meters from Limassol Promenade. In general, the location of the Easymarkets’ office was quite convenient.
The surveyors contacted the marketing department of Easymarkets through the access control system, and they granted the surveyor access to the company. The nameplate at the entrance also showed that the name of the company was consistent with the disclosed floor.
The surveyors learned that Easymarkets used the third floor to the top floor of the building independently, and out of the elevator was their nameplate and doorbell.
The reception staff of Easymarkets welcomed the surveyors and led them inside the company for a visit. With the permission, the surveyors took photos of the interior office. The company was simply and warmly decorated with the company logo on the wall of the hallway.
According to the introduction by the marketing department staff, the cryptocurrency exchange currently has about 100 employees working here. Entering the employee lounge area, there was a signed jersey which was very conspicuous. It was learned that Easymarkets became an official partner of La Liga giants Real Madrid in 2020, which aimed to further expand its outreach.
The business address of the cryptocurrency exchange Easymarkets was consistent with the regulatory address. The office was conveniently located, well furnished, with over 100 working stations and enthusiastic staff. Investors can make a choice after comprehensive consideration.
The content is for informational purpose only, and shall not be taken as final order for making choice.
5-10 years | Investment Advisory License