Deposits and withdrawal on Poloniex is one of the most reasonable things to do. The platform trading fees are considerable, and they get reduced when bigger volumes are being traded. Poloniex is rapidly climbing the ladder to becoming one of the best five exchanges in the world. It has its head office located at Wilmington, thus operating in a highly regulated environment. It was founded by Tristan D’Agosta in 2014 and bought in 2018 by Circle. The current CEO of this platform is Jeremy Allaire. Although Poloniex is the United States-based firm and was created for the US market, it has gone out of its way to shut down operations to U.S based users.
Speaking of security, the platform is safe to use. It makes use of two-factor authentication, handy analytical, and technical tools. It also allows its customers to enjoy low transaction fees, usually between the ranges of 0 to 0.25%. Polo, as it is commonly called, does not support fiat currencies but rather permits its users to make use of altcoins. When a user provides more confidential information on Poloniex like his home address, he expands his withdrawal limit.
At a time, Poloniex was the most commonly used exchange, but regardless of the change, it remains one of the best exchanges in the world. Poloniex lending and margin trading are available on Poloniex to experienced users. The Poloniex app is available in more than ten languages, thus encouraging easy access by various users.
