Poloniex is one of the largest cryptocurrency exchanges in the world. It provides the highest trading volumes for most altcoin, which can be exchanged for Bitcoin. The exchange was founded by Tristan d’Agosta in January 2014. Many of the employees still remain anonymous probably because digital currencies are still in the shadow business sector.
Poloniex cryptocurrency exchange
Poloniex is an American cryptocurrency exchange, which is one of the most popular and takes first place in many ratings. This is the largest cryptocurrency exchange in the world. The project has appeared in 2014. However, the platform has already been able to become competitive and find its users.
Replenishment and withdrawal of funds
To add funds, go to the Deposits and Withdrawals page. In the list, you can find all the currencies that are available on the service. Find the one you are interested in and click on the Deposit button opposite it. A new address will be generated for you to make a transfer. The funds will be credited to the wallet after confirming the transaction on the blockchain.
The withdrawal takes place on the same page. Click on the Withdraw button and in the form that appears, you must specify the address for the withdrawal and the amount. The system will calculate the fee itself and will display the sum. To confirm the transfer, you need to follow the link that comes in the email.
If you have any difficulties with the deposit or withdrawal, please share your experience at https://fraudbroker.com/review/poloniex/
Complaints about Poloniex
There are many reviews about trading on the Poloniex. The advantages include reputation of being the leader and reliability, many features and functionality, easy to trade, a lot of instruments and settings, two-factor registration, low fees, and the presence of rare cryptocurrency.
But, users also note negative aspects such as long withdrawals, issues with support, working only with virtual money, blocking and removing accounts without giving reasons, and a long verification process.
Regulation of Poloniex
Poloniex is legally registered in the United States and is subject to the laws of the Delaware state. The exchange collects personal info, as well as details about passwords of the system, computers, IP-address, and user cookies to improve the service.
Is Poloniex a scam?
The Poloniex cryptocurrency exchange is undoubtedly an excellent choice for cryptocurrency trading, it has high ratings and a strong reputation. As one of the young companies, it was able to beat the competition with its unique features and platform convenience. The exchange is popular among traders around the world and ranks first in terms of operations and user involvement.
In conclusion, one can say that Poloniex is a good choice for trading. The project is not overloaded with unnecessary functions, but at the same time provides all the necessary tools for full-fledged trading. This makes it suitable for use by both novice and experienced users.