Type to search

Blog

Poloniex Exchange: Everything You Need To Know in 2021

Share
poloniex exchange

Poloniex exchange: Everything You Need to Know in 2021

poloniex exchange

Poloniex exchange is one of the emerging exchange platforms. And the primary reason behind it is the abundance of features. Poloniex wiki offers many attractive features that attract many crypto lovers? But wait! Do you know everything about poloniex exchangePoloniex cryptocurrency exchange may be one of the well-known crypto exchange platforms. But there are certain things that you must know about the poloniex exchange login. So, here you would get a complete poloniex exchange review before making poloniex exchange sign up.

Poloniex exchange history and overview

Poloniex is a crypto exchange platform that came back in 2014. It is a US-based exchange platform developed by Tristan D’Agosta. And as the company’s main office is located in the United States, it makes it one of the most highly regulated platforms.

The primary operations of this exchange platform include buying, selling, and distinct trading cryptocurrency. It also includes immensely popular crypto-assets such as poloniex Bitcoin and Ethereum. Besides, the exchange platform also witnesses more than 100 million dollars of trading volume every day. So, this is what makes it more reliable to use.

Review about the trading fees

Coming to poloniex fees, you don’t get much relaxation in the trading fees in poloniex wallet. That implies; the trading fees at poloniex are a bit higher than any other exchange platform. The maximum amount that you pay while trading is 0.125%. This is huge as compared to any other exchange platform like Bittrex vs. poloniex. So, when you compare poloniex vs. Bittrex, you will find a lot of difference in the trading fees. However, the maker and taker fee is flat. But that cannot help users at all. On the other hand, the trading fees also decrease when your trading volume increases.

Moreover, the poloniex review about the trading fee states, the exchange platform may not be friendly for newbies.

Pros and cons of the poloniex platform

Pros of Poloniex

A wide range of cryptocurrency support-one of the major perks of this exchange platform is, it supports a wide range of crypto assets. So, you don’t have to visit any other site to find a new asset.

Good customer support

When it comes to poloniex support, this exchange site has good customer support feedback. It offers multiple channels of communication that allow users to solve all their queries.

Secure

Another advantage of Poloniex is it offers you the highest standards of security. As the exchange is a US-based company, it offers maximum security.

Good for advance traders

This crypto exchange platform is suitable for traders who want to advance trading. It offers you many features with easy UI.

No verifications are needed unless you are trading a massive amount

The exchange platform eliminates all the unnecessary hassles. There is no verification needed unless you are making a massive transaction. So, that makes it easier for users.

Cons about Poloniex

There is only one major con about the exchange platform. And that is, the site experienced a major hack in 2014. So, if you are searching how to use poloniex, you must be aware of this con.

Conclusion

Keeping it brief, this is a complete review of Poloniex. However, if you are looking for a reliable exchange platform, you can visit BitXmi.

Besides, do you think Poloniex is safe to trade?

Learn more about Liquid Exchange here.

Click here to read more about Cryptocurrency updates.

Join Bitxmi Exchange

Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

Leave a Comment

Your email address will not be published. Required fields are marked *

WP2Social Auto Publish Powered By : XYZScripts.com
bitcoin
Bitcoin (BTC) $ 51,353.00 1.57%
ethereum
Ethereum (ETH) $ 1,774.29 7.25%
tether
Tether (USDT) $ 1.00 0.10%
binance-coin
Binance Coin (BNB) $ 235.43 0.69%
cardano
Cardano (ADA) $ 1.12 0.01%
polkadot
Polkadot (DOT) $ 34.30 0.88%
xrp
XRP (XRP) $ 0.480025 3.70%
uniswap
Uniswap (UNI) $ 33.24 6.42%
chainlink
Chainlink (LINK) $ 31.18 12.28%
litecoin
Litecoin (LTC) $ 187.67 0.44%
bitcoin-cash
Bitcoin Cash (BCH) $ 521.39 2.24%
stellar
Stellar (XLM) $ 0.414137 1.42%
usd-coin
USD Coin (USDC) $ 1.00 0.18%
dogecoin
Dogecoin (DOGE) $ 0.057009 11.54%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 51,357.00 1.40%
nem
NEM (XEM) $ 0.730309 0.93%
aave
Aave (AAVE) $ 422.68 6.60%
theta-token
Theta Network (THETA) $ 4.98 18.26%
cosmos
Cosmos (ATOM) $ 18.99 0.50%
okb
OKB (OKB) $ 16.61 3.66%
vechain
VeChain (VET) $ 0.064429 15.21%
monero
Monero (XMR) $ 215.58 4.49%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.158451 0.88%
tron
TRON (TRX) $ 0.053251 4.18%
terra-luna
Terra (LUNA) $ 9.20 15.56%
eos
EOS (EOS) $ 3.88 3.07%
iota
IOTA (MIOTA) $ 1.31 1.65%
solana
Solana (SOL) $ 13.71 0.41%
bitcoin-sv
Bitcoin SV (BSV) $ 185.15 0.68%
tezos
Tezos (XTZ) $ 4.40 7.50%
havven
Synthetix Network Token (SNX) $ 21.26 1.95%
binance-usd
Binance USD (BUSD) $ 1.00 0.13%
huobi-token
Huobi Token (HT) $ 15.51 2.80%
ftx-token
FTX Token (FTT) $ 31.37 4.13%
neo
NEO (NEO) $ 39.29 1.96%
cdai
cDAI (CDAI) $ 0.021279 0.15%
elrond-erd-2
Elrond (EGLD) $ 149.43 4.89%
dai
Dai (DAI) $ 1.00 0.27%
compound-ether
cETH (CETH) $ 35.48 6.71%
filecoin
Filecoin (FIL) $ 41.29 1.38%
the-graph
The Graph (GRT) $ 1.90 1.92%
avalanche-2
Avalanche (AVAX) $ 26.00 1.49%
sushi
Sushi (SUSHI) $ 17.24 1.33%
dash
Dash (DASH) $ 212.88 1.91%
kusama
Kusama (KSM) $ 235.07 2.44%
celsius-degree-token
Celsius Network (CEL) $ 5.42 12.28%
compound-governance-token
Compound (COMP) $ 474.96 0.47%
compound-usd-coin
cUSDC (CUSDC) $ 0.021784 0.11%
maker
Maker (MKR) $ 2,144.21 2.52%
decred
Decred (DCR) $ 151.23 0.68%