TradeNix claims to have offices in New York and Hong Kong, and offers an online cryptocurrency trading platform to trade and mine in cryptocurrency.
We recently became aware that TradeNix accepted funds from a British Columbia (BC) resident.
A cryptocurrency trading platform may be required to be recognized as an exchange under section 25 of the Securities Act, RSBC 1996, c. 418 (the Act), or be registered as a dealer under section 34 of the Act. TradeNix has not been recognized as an exchange or registered as a dealer in BC.
We urge BC residents to exercise caution when dealing with cryptocurrency trading platforms that have not been recognized or registered in BC.
For information on how to become better informed about investment products and services, please visit InvestRight at https://www.investright.org.