Review on Poloniex by Benaiah A. Akinlade
Poloniex trust issues
Poloniex exchange is regarded as one of the largest and most popular cryptocurrency market platforms worldwide because it provides the largest amount of Bitcoin transactions
It was actually created for the US market but, as its popularity grows and trading sales figures skyrocketing, it began attracting trading worldwide.
Poloniex offers a high-level security through:
-the use of two-factor authentication
-handy analytical and technical tools
-low transaction
features of Poloniex exchange
Trades over 60 cryptocurrencies: including:
(BTC)
(ETH)
(LTC)
(XRP)
(TRX)
(EOS)
(XMR)
Low trading fees
Poloniex has the lowest trading fees amongst popular altcoin exchanges.
Margin trading
Apart from spot trading, customers can also conduct low fee margin trades with up to 2.5 times
margin lending
You can earn income by lending your crypto assets with interest.
Pros
- Poloniex has the lowest trading fees amongst popular altcoin exchanges.
- Supports multiple crypto currencies
Cons
- It has a record of security breaches
