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Review on Poloniex by Saju Chakma

Revainrating 4 out of 5

As a whole, i would rate poloniex 5 out of 5 because I did not felt the need…

As a whole, i would rate poloniex 5 out of 5 because I did not felt the need to move into more exchanges when I am using Poloniex. Even a beginner can get used to using polo very easily because of the user friendly interface that it has. Except for the slightly slower withdrawal, deposit time, everything is all in order .

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Pros
  • The sign up is pretty easy since it needs only your name, gmail and country with every other requirements an exchange requests for. * Many altcoins are tradeable * High Liquidity * No minimum Deposit amount for Bitcoin * Anonymous Account possible * Margin trading altcoins
Cons
  • The time taken for the deposits and withdrawals is not acceptable considering it has higher transaction fees. Like for ethereum, a larger transaction could be done in seconds in ether-wallet where polo takes like few minutes.

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