Review on Poloniex by Inioluwa Okedeji
A Review On Poloniex Exchange
Poloniex exchange is one of the popular cryptocurrency exchanges in the Crypto space.
This exchange was founded in 2014 and since then it has been left behind in the world of cryptocurrency.
Poloniex satusfies it's users with its awesome features such as margin trading, the opportunity to trade with loan and other notable features.
The security aspect of the exchange is not left behind as well, as it makes sure users identities are verified.
In my opinion, the platform is still lagging behind even though it was one of the first exchanges it is still behind some recently emerging ones.
Pros
- The Poloniex exchange is a diversified one with lots of digital coins listed on it.
- The exchange platform supports cold fund storage.
- Secure and privacy of transactions.
- Poloniex exchange platform has good liquidity, making it attractive to cryptocurrency traders.
- The platform is very easy to use
Cons
- There's limitation to fiat currency transaction on the platform.
