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Poloniex - The site that deals with the exchange, trading, and lending of cryptocurrencies.

You can invest by buying and selling in Poloniex, which is a digital exchange. Poloniex is perfect digital trading platform in a tightly secure environment with all the advanced features. As the investor know that Poloniex doesn't use the deposit for other purposes so your transactions on this platform are lightning fast since all your deposit remain there.

Poloniex has a strict security program on its platform therefore minimizes the risk of hacking. Poloniex, a perfect cryptocurrencies exchange program that was restructured about four years before to give its users improved features for trouble free trading.

What services does Poloniex provide?

Poloniex gives you a large option of coins besides providing you the choice of advanced trading features.
There is no option of cash trading but only trading through 90 different coins cryptocurrencis
Poloniex allows you to deal with your favorite Android and iOS Apps for a better experience.
Poloniex has allowed its users margin trading recently

We all know that margin trading lets you open a position with leverage where you can lend the exchanges coins for margin market against some exchange providing the funds from the deposits. In this case user is the boss because providing the funds is their decision but the exchange works only on instructions. Therefore, exchange has the obligation to return investors' fund as and when ordered for.

Poloniex has a Token Market

As I have mentioned elsewhere too that Poloniex platform deals purely with crypto to cryptocurrencies with multiple features. The platform provides you precise information based on proven theories as well technical analysis with the help of technical charts and tracking system and with a live support to keep users well informed.

Finally, Poloniex having a a good volume of trading, tight security and reasonable trading fee is always one of the first choice of users. As far exchange it purely depends on what wallet service you're using and how much they charge as fee.

So here are the services provided by Poloniex-

Raise your capital
Research your Tokens
Exchange cryptocurrencies
And list your tokens

The site is perhaps one and only exchange that supports previews or redemption in future tokens even prior to trading in general. Also the site always continues announcing assets and new features. The site even invites suggestions for token listing from its users in a form provided by the site which is sign of a great site dealing in cryptocurrencies.

 

[BMF]

Poloniex is a web-based digital exchange that can be used to exchange various types of digital currencies. It is based in USA and functions like a live trade exchange. The current values of the digital currencies are updated on the website instantly.

Pros:

1. Trading of 80+ digital currencies: Poloniex supports the trading of more than 80 different digital currencies or alternate coins. The most popular of them include Bitcoin, Ethereum, Monero, and Zcash.

2. Live Trading Screen: It shows the live trading screen for non-members also with the information about buying and selling values of ETH and Bitcoin.

3. Good Liquidity: It offers good liquidity for the various alternate coins that are traded against bitcoins. This factor makes Poloniex a trusted and stable cryptocurrency exchange.

4. Two-factor authentication: It is a highly secured exchange and needs a two-factor authentication for both logging to the website and withdrawal of the alternate coins.

5. Margin Trading: Poloniex supports margin trading. It is enabled for every user after the first level of verification is completed successfully. Margin trading is available for many coins like Ethereum, Monero, Stellar and more.

6. Lending: Poloniex supports lending of the digital currencies like Bitcoin, Ethereum etc for its members. The interest rate varies from 0.01 to 0.02%.

7. High Withdrawal limits: Once the member completes the two-level verification process, the daily withdrawal limit is increased to 25,000 USD which is very high when compared to other cryptocurrency exchanges. The members can withdraw only 2000 USD daily if the two-level verification is not completed.

Cons:

1. The customer support system is very slow and takes more days to resolve queries.

2. Poloniex does not support the exchange of FIAT currencies.

3. It accepts payments only in the form of digital currencies.

4. Poloniex takes more time to process withdrawal requests.

Anyone exchange bitcoins with Poloniex? Share your experience.

 

[pikkuboss]

View attachment 902
Anyone exchange bitcoins with Poloniex? share your experience

Yes, I do. they give good services and fees are also less.

 

[SUPER SINGH]

Yes, I do. they give good services and fees are also less.

Sounds good but i guess we are looking for ways through which we can exchange those bit coins with zero or almost zero fees.

 

[Adescopy]

Sounds good but i guess we are looking for ways through which we can exchange those bit coins with zero or almost zero fees.

If they do that without any fee, how should they maintain the service.

 

[SUPER SINGH]

If they do that without any fee, how should they maintain the service.

As I have mentioned zero or almost zero means very less fees as its still pretty new for many of us and we aren't much motivated to pay more money like that.

 

[Kitang01]

Poloniex is a friendly platform. You can easily buy and sell without hassle.and what I really like about it is the withdrawal process coz you have to authorize the transaction thru your email before they process it. My withdawal also didnt last for more than 24 hrs. So Poloniex rocks!

 

[robking03]

Im using poloniex to trade coins. Pretty good and they pay quick. Less fees!

 

[reyronaldo]

If it doesn't accept fiat currencies, I don't think it is a good exchange platform.

 

[Jovan Lim]

I have been using the poloniex lending service. Up till now it has been really good and gave me pretty good returns. Definitely not a scam. You can also use cryptolend.net to help you loan your currency out. It's one of the better lending bot out there in my opinion. And it's FREE.

 

[Medowriter]

Yes, I do. they give good services and fees are also less.

That nice to hear please what is time frame for the transaction and what is the fee for exchanging $100 to bitcoin to be sent to blockchain

 

[dolores dallegos]

Really. Wow i like this it seems to have a good chances to earn some money in here. I love to try this too and share it also to all my friends. I think many would be interested to know this site for it gives good service.

 

[jamica]

I used to be a customer of polonex but as u said the proplem is that its support is almost dead, the reply very very late so u cant but ur money in trading with being relaxed, u r worried from them always

 

[Emill]

Poloniex is a friendly platform. You can easily buy and sell without hassle.and what I really like about it is the withdrawal process coz you have to authorize the transaction thru your email before they process it. My withdawal also didnt last for more than 24 hrs. So Poloniex rocks!

well then I guess you're among the lucky people with withdrawals, from the reviews I've read there were several people complaining about getting their payments after 2 months

 

[SharkPro]

I sign up today and I am thinking to deposit my btc in to this website and make some profit from it can you guys help me to give me some tips increase my btc.

 

[Lovely]

i have read about poloniex and I think it a reliable site this one can buy a whole lot of digital assets from,they are about lending, exchange and margin trading. From reviews it a recommendable site for exchange.

 

[aryan4]

poloneix is going to a new structure.

The firm announced that it will not accept US citizens as of 19.10.2019 in order to compete in the global market. Existing members will not be able to buy or sell as of 01.11.2019. and former US citizens will be able to withdraw their assets by 15.12.2019.

 

[aryan4]

in the above message I mentioned a new situation. but when I read the current situation, there is a complete change. As poloneix will also be nice improvements. interested friends can reach the official explanation from the link below.

 

[J1NPi]

Poloniex has introduced referral program where you can earn 10% back on every trade fees. And 20% of every referral you have invited.
For more information check the link below.

Poloniex new Referral program!

Use code : FAPYB9PZ
for registerantion

Happy Trading

 

[J1NPi]

the ref system is new there .. anyway why do you think poloniex won't pay you !