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Poloniex

Name: Poloniex (or Polo)

 

Founded in: 2014

 

Poloniex is one of the top US cryptocurrency exchange platforms that could become popular in the entire world. It supports a great number of cryptocurrencies and offers good conditions for cooperation.

 

Main cryptocurrencies: The Poloniex exchange platform works with more than 100 cryptocurrencies. This list includes BTC, ETH, XMR, USDT, ETH, LTC, XRP, etc.

 

Referral system: Poloniex doesn't have a referral program.

 

Encryption: TLS for the website.

 

Personal token: It doesn't have a personal cryptocurrency.

 

Payment systems: It doesn't support fiat money payments. Only cryptocurrency operations are available.

 

Applications: Poloniex has applications for iOS and Android mobile devices.

 

Features

 

There are certain features that make Poloniex unique:

 

  • Cryptocurrency market analysis.
  • The platform doesn't operate on fractional reserves, hence the cryptocurrency a user deposits into the exchange platform is used to facilitate trades on their personal account.
  • The withdrawal and deposit operations usually do not exceed 1 hour.
  • Poloniex has a withdrawal limit, based on verification.
  • The platform offers margin trading.
  • The exchange has stop-limit orders to diminish risks.


Fees

 

The platform has fairly low fees compared to other cryptocurrency exchanges.

 

Security

 

Over the past years, Poloniex has increased the level of its security.

 

  • The major part of user deposits is located offline.
  • The platform runs auditing programs round-the-clock without breaks and weekends.
  • Poloniex offers the two-factor authentication (2FA).
  • To protect personal information of its customers, Poloniex uses industry-standard data encryption technology.

 

Privacy

 

Poloniex asks users to provide it with the following data: name, phone number, email, date of birth, company name, etc. Apart from this, the company uses cookies.

Name: Poloniex or Polo

Since: 2014

Main cryptocurrencies: BTC, ETH, XMR, USDT, ETH, NEM, LTC, STR, XRM, XRP, BCH, DASH

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