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Review on Poloniex by Call Me Howie

Revainrating 1 out of 5

Why would anyone use this pile of crap platform? Unless you like throwing your…

Why would anyone use this pile of crap platform? Unless you like throwing your tokens in the garbage, STAY AWAY!

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Pros
  • None, at this point.
Cons
  • How many people have had withdrawal problems on this platform? I would guess it's in the thousands, maybe the tens of thousands. It's like a roach motel- come on in, good luck getting out. This platform used to have the motto- "They're always your coins, always"- or something like that. They need to change their motto to -"All your coins are belong to us". Let me explain. I went to withdraw STEEM on June something 2017. Around that time they started having "Wallet in Maintenance" prompts popping up for STEEM. So, when they took the popup down, I hit the withdraw button.....and, nothing. I waited around two days and then put a ticket in. I get a canned response. So, I get on their then famous Trollbox and ask an Admin to check into it. He types back something like- "You're problem pal". I see that others are writing to the Admin with similar withdraw problems. It becomes something of a wave of complaints coming in, and then....they shut down the Trollbox. I put in another Ticket. Same canned response comes in. Huh.... Fast forward to over 1 year later, sometime around July 2018. I finally get a response from support that I must now do KYC and then they will "look into" my problem. Are you kidding me? I joined a platform with no KYC requirements. In fact I was among Poloniex's very first customers. And now, they hold my funds hostage behind these new requirements. Unbelievable. I write back to support that I will not comply with their new requirements, that I never agreed to, to have them resolve a year plus old problem. They write back something like- "We will consider this matter resolved then". Resolved? You have my property, my STEEM. It has never been returned to me. So, again, resolved? I don't think so. And, I am not alone. I have heard many many similar problems from people who used to use this platform. Beware.

Comments (1)

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December 30, 2019
Since time has passed since this review, now that you think of Poloniex something has changed? You know they modified their policies.

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