Review on Poloniex by JB CRYPTO

Name: Poloniex
Item: Poloniex
Rating: 4

October 05, 2020

Poloniex: An excellent platform if you are verified on it.

Poloniex, is one of the largest cryptocurrency exchange platforms in the world, if it still is, it was launched in 2014 by Tristan D'Agosta, it is the platform that moves more transactions when it comes to bitcoin, however it accepts large amounts of other cryptocurrencies to exchange, when it came out for the first time it was created based on the shops of the United States, and after more and more people arrived it turned into an international exchange platform, thus becoming one of the most popular and important.
This platform has a very big negative that is if you want to operate quickly on it at the option that you do not have any other platform, you will not be able to since to make exchange transactions you need to be verified on the platform, which would take you a long time, if we speak Its quality as a company is very good since it is complete and offers a fairly good security mechanism such as verification in 2 factors among others, another good thing is that its transaction fees are quite low from approximately 0% to 0.2%. which is very attractive, the bad thing is that as I said before to operate in it you need an authentication in addition to taking a quite long period of time, you would have to translate your information with an official Latin translator, which would take you even longer.
Although the platform since its launch was a total success, it is currently somewhat established by its competition but I affirm that it will rise again, so we will have to wait as it unfolds in current and future times.
In small conclusions, a fairly complete platform of excellent quality and use, as long as it is authenticated in it, charges low commissions, is based specifically in the US, its commissions are the same as all other countries and can operate with its same operation.
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Pros