Review on Poloniex by Sheila Cova

Name: Poloniex
Item: Poloniex
Rating: 4

April 15, 2020

Poloniex

Founded in 2014, Poloniex is a global encryption-to-encryption exchange based in Seychelles. As of February 2020, it has more than 100 markets available for spot trading and offers features like margin trading, loans, and stakeout. Poloniex allows users to trade on the web, Android, iOS, Websocket and HTTP API. 
It provides merchants and sellers a safe place to trade and store cryptocurrencies like BTC, ETH, and the best alternative currencies on the market. 
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Pros

They store a significant portion of customer funds offline to provide better security.
The company is registered with the Financial Crimes Enforcement Network ("FinCEN"), a public organization reporting to the United States Department of Treasury.

Cons