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Kaduna
4 Level
235 Review
478 Karma

Review on Poloniex by Ibrahim Sunday

Revainrating 4 out of 5

Poloniex review,2020

Looking for the perfect exchange? Well that's one thing young people are bothered about everyday and that's the question that keeps on rising when you talk about cryto trading, "what exchange should I use". Some things to look out for is security, trading fees, number of people in the community, trading features and means of deposits. In my opinion, poloniex is OK, it has a trading fee of 0.1% and less, usually depends on the method you fund your account and the amount of crypto you are depositing. It has over 100 million trade volume per




Pros
  • Poloniex is really a well done job, it has additional margin trade feature and a lending service, which can be automated it is really done, and done well
  • It has a lot of crypto currency and crypto pairs.
  • One thing poloniex is known with is its high number of crypto pairs, meaning you always have someone to trade with
  • When talking about security, use poloniex, plus, they are a US company and security is their priority.
Cons
  • You cannot deposit your Naira or any other currency, with your master card.

Comments (2)

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February 18, 2021
Hello ibrahim 1Can I get information about Naira? It is not a statement I have heard before, I think it is a payment system or some kind of shopping card, or is it a special case for the Poloniex page?
January 14, 2021
Poloniex is reliable with its growing popularity and services it offers but beside these features dex version of poloniex face volume issues for some underperformer tokens but they still bring more token to trade without fees which is an exception and example for being the top performing exchange.

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