Review on Poloniex by Diana Lucky

The consequences of launching your own crypto exchange largely depend on the attitude of a person to business. Judging by Poloniex, the creators have put their whole soul into what they are doing. It can be seen that the team is trying to comply with regulatory standards (like everyone else, most likely they sacrificed a lot at the beginning of the journey in order to achieve good results) and, thanks to this, they eventually received recognition. I have already managed to get acquainted with other projects - on the contrary, many do not attach importance to the rules and do not seek to make a name for themselves in the crypto community. The only thing is that it’s not entirely clear to me how many coins the exchange itself created and whether there are any at all. At the moment, of course, we can say that the guys are doing well. But do not forget that the process of regulating the digital asset market has not yet been completed. It is possible that in the future the regulators of a number of countries will impose bans related to the activities of crypto exchanges, which will negatively affect the position of this project as well. In case of regulatory pressure, if you want to keep the exchange, it may be necessary to transfer the business to the shadow. To which not everyone will agree, for a number of reasons. Just as we know, there is not a single exchange in the digital asset market that has never come under pressure from public opinion. In some cases, trading platforms are blamed for the imperfection of the technical component, in others - for illiterate project management. Often the criticism is unfounded, as in this case. In this period of time, we can say that the Poloniex crypto exchange is more reliable than not. Certainly, there is something to strive for. I hope to expand the functionality so that people can get as much information as possible about the situation on the market in general, and on the exchange directly.