1 Level
12 Review
2 Karma
Review on Poloniex by Nuraj Chaminda
As a whole, i would recommend poloniex to someone, specially to a beginner in…
As a whole, i would recommend poloniex to someone, specially to a beginner in the crypto currency industry because it is very easy to use and easy to lean as well. But as you become an advance trader, poloniex may seam to have few points that ar yet to be fixed. overall it is a good exchange and i still use it for major coin holding.
Pros
- The best thing I like is that there are no / very few shit coins. That means many coins can be traded without a fear because we can trust that they are not scams or fakes. Also I like the feature of easy trading. The site does not stuck while trading. It is very reliable and fast executions allows smooth transactions at the time we want only.
Cons
- One thing to be concerned with is that the withdrawals and deposits may require higher number of confirmations than usual. Therefore may have to wait longer times for a deposit or a withdrawal to be completed. Specially an eth transaction can be completed within seconds as per the fee charged. But the speed of the withdrawal is not fair considering the fee.
