Review on Poloniex by Shahana Parveen Khan
Poloniex Review
Based in the US, Poloniex is a prominient exchange platform due to how long it has been in the industry. Poloniex prides itself from offering its users advance trading features alonside with maximum security. It is fairly consistent in having the top trading volumn for several altcoins. This exchange also has a great number of trading peers that are offered to the users.
Poloniex does not offer fear to crypto trading. Newcomers at the industry may find it a little frightening initially . First of all, this exchange deals only with cryptocurrency. Buying and selling crypto via Poloniex is not possible.
Addiytionally, the exchange as a whole aims a bit more towards experienced traders than those new to cryptocurrency space.
Crypto to crypto exchange it does not require to adhere to any financial regulations. Therefore we can say that Poloniex is a great option with reliable regulations required to keep the exchange legal and relevant
Pros
- Good Exchange security
- Order book debt for its trading apps
Cons
- FIAT money as USD not supported
- No Demo account
