Review on Poloniex by francis fernandez
Poloniex
Among all the cryptocurrency exchangers that we know; Poloniex is one of the most popular exchange houses today for trading; offering its users the possibility of trading just by having a device with an internet connection at hand. This will allow you to invest without needing to attend Wall Street.
Poloniex has its headquarters in the United States that offers the possibility of carrying out a crypto-asset exchange with a high level of security and multiple business options.
The main functions of this exchange platform are:
1.-Exchange: shows information related to the fluctuations of cryptocurrencies.
2.-Margin Trading: It consists of using leverage or having the funds of other users.
3.-Lending: It is used to obtain credits among the users of the system. It is complemented by the previous function.
4.-Deposit and withdraw money.
The commissions for the use of Poloniex services are 0.15% for the marker (person who generates liquidity on the platform) and 0.25% for the taker (person who receives buy and sell orders).
Pros
- Offers users the possibility to earn income; since the platform has an easy and safe menu to carry out trading and exchanges.
- Offers the option of obtaining leverage or loans from other users.
- It is one of the most famous within the segment of the digital exchange houses of the crypto industry.
- It has an easily accessible menu for its users.
Cons
- There is no version of Poloniex in Spanish; therefore, its access is limited for Spanish-speaking users.
- Manages a more expensive commission margin than other platforms with the same services.
