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Review on Poloniex by raja sekharan
Poloniex is a promising exchange in which everyone can trade easily. It is…
Poloniex is a promising exchange in which everyone can trade easily. It is secured with 2 Factor. I believe that poloniex is playing a big role in the growth of crypto world. And it can contribute a lot in the development blockchain technology. I think we can trust this exchange due to the strict US law enforcement also.
Pros
- Poloniex is one of the good exchanges in crypto world. Easy to use and relaiable. It has a well organised interface and no more clutters on it's pages. It looks a neat and clean website. I heard Poloniex has cold storage facility. Easy KYC process in my experience. Only reputed coins are listed in it. There are not many shit coins listed. Trading fees are comparatively lower than many other exchanges.
Cons
- I can see the 'only and main' con is that centralized nature of this exchange. Now crypto world is looking for de centralized exchanges. You cannot find a lot of coins of your choice. Lesser number of coins. No mobile application. Sometimes they are unable to respond to tickets timely.
