Review on Poloniex by Syed Adnan
The best altcoins on the market.
Everyone has their own unique needs when it comes to exchanges. While some people charge a small trading fee, others go for a lot of money to choose from. Personally, I like how easy it is to use the platform, as it makes it easier for trades.
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It helps users buy, trade and sell lots of different cryptocurrencies, including popular currencies like Bitcoin and Ethereum, as well as the less popular ones.
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They make money by taking fees for daily trading through their platform, which must be paid to both buyers and sellers. For more experienced traders, it also offers additional services such as margin trading and even lending.
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Pros
- Lots of cryptocurrencies listed.
- Good range of customer support options.
- Easy to use but also good for more advanced traders.
- Just pay the blockchain fee for deposits and withdrawals.
- Reasonable trading fees.
- There is no validation without trading large amounts.
Cons
- There is no traditional payment method.
- Experienced in a big hack.
