Review on Poloniex by Fabrizio Zampieri
Poloniex also known as Polo, has been based out of Delaware, United States…
Poloniex also known as Polo, has been based out of Delaware, United States, since 2014. It’s a well-known name in the industry, and it consistently boasts the highest trading volumes for altcoins.
With a grand redesign in early 2015 the site has added a wealth of features to provide a fully immersive trading experience. Technical analysis charts and live chat mean it is easy to stay abreast of news flow and analyse price trends before taking a position.
Once you’ve deposited your chosen funds, there’s an option to store value in USDT (Tether), a cryptocurrency that represents US dollars (e.g., 1 USDT should be the same as 1 USD).
https://99bitcoins.com/poloniex-review/
Pros
- There is good security and decent volume and orderbook depth for the majority of its trading pairs. The trading pairs on offer make Poloniex a very attractive platform, with altcoin trading options in Bitcoin, Ether, Monero, and USDT. Poloniex provides some of the lowest fees around, with the highest taker fee set at 0.25% when trading under 600 BTC. The maker fee starts at 0.15%, which is particularly low for trading exchanges. Working with colossal trade sizes, you can almost eliminate fees.
Cons
- There’s no support for bank transfers or credit card transactions. Customer support is a real bone of contention for many Poloniex customers. Many report long wait times—even up to and above 15-30 days.
