Canadian regulator British Columbia Securities Commission (BCSC) has recently issued a warning against the company TradexOption.
TradexOption offers cryptocurrency trading opportunities for British Columbia residents on its trading platform. The company claims to be based in the United States.
British Columbia regulation require for a trading platform to be recognized as an exchange and registered as a dealer. TradexOption has not complied with these requirements.
The regulator advices caution when dealing with cryptocurrency trading platforms that have not been registered in the BCSC.
Read more warnings from BCSC: