Review on Poloniex by Paul Sletten
https://poloniex.com/ Volume tiered make it - take it spreads ensure that the…
https://poloniex.com/
Volume tiered make it - take it spreads ensure that the big fishes looking to churn and burn all remaining value out of something can do so. Centralization incarnate for a concept that was birthed out of decentralization. If I could close them down today, I would do so before finishing lunch.
Pros
- You can exchange fiat for crypto, crypto for crypto, and involve yourself in all manner of previous generation financial products designed to make the brokers rich and the rich ones broker.
Cons
- Margin trading on the front page. If the products are worth something, they are. Not because of pump and dumpers flooding Tether inflation into the crypto world, and pulling out the actually valuable Bitcoin.
New products
Comments (1)
January 20, 2021
Poloniex is reliable with its growing popularity and services it offers but beside these features dex version of poloniex face volume issues for some underperformer tokens but they still bring more token to trade without fees which is an exception and example for being the top performing exchange.
