Review on Poloniex by Bamigbose Abiodun

INTRODUCTION ABOUT POLONIEX EXCHANGE Poloniex is a US-based cryptocurrency exchange platform. The company was founded in January 2014 by Tristan D'Agosta and is based in Wilmington, Delaware. Poloniex is a pure crypto to crypto exchange based in the United States. With a grand redesign in early 2015, the site has added a wealth of features to provide a fully immersive trading experience. Technical analysis charts and live chat mean it is easy to stay abreast of news flow and analyse price trends before taking a position. For a crypto to crypto exchange, there is good security and decent volume and order book depth for the majority of its trading pairs. Trading fees are flat at 0.25% and deposit and withdrawal fees are subject to the blockchain's specific minimum transaction fee.  As of May 2018 Poloniex ranked as the 25th largest crypto exchange by data tracker CoinMarketCap.com, with almost 100 tokens listed and a daily trading volume of $70m. In February 2018, Poloniex was acquired by Circle Internet Financial Ltd., a closely held mobile-payment firm backed by Goldman Sachs Group Inc.