Poloniex exchange, you probably already know at least a little bit about cryptocurrency. For people who already own βfoundationalβ coins like Ethereum and Bitcoin, Poloniex is a great place to trade them for altcoins like Monero or Golem or whatever else.
Founded in January 2014, Poloniex is one of the older crypto exchanges. It is currently the 6th largest crypto exchange in the world by daily trading volume. Based in the United States, Poloniex serves crypto traders and investors all around the world.
Cons
However, Poloniex exchange has been having some problems lately, with poor support, dropped transactions, no Poloniex app, and other user complaints. So which is it? Is Poloniex one of the best crypto exchanges as its daily use would indicate, or is it on the decline? Weβll tackle all of the above below, as well as provide simple instructions on how to use Poloniex exchange for your own cryptocurrency trades