1 Level
5 Review
14 Karma
Review on Poloniex by cristian eduard
Functional platform, no risks, but used to be better
Poloniex is one of the top exchanges out there. It's just that it's not as good as it was.
The platform is great, it's perfect on both PC and Smartphone, there are no connection issues, lag, delays when markets are volatile. However, the coin choice is not very broad, unlike other big competitors.
I have been using Poloniex since years ago , especially with automated trading bots and I didn't have any complaints. Now, however, I might reconsider due to their mandatory ID verification. Why do that when I have better options?
Pros
- Responsive platform
- Efficient trading engine - no issues or delays
- Competitive fees
Cons
- Mandatory verification in order to register
- Not a lot of supported coins
- They delist/freeze coins occasionally, sometimes without following back
