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|Year of foundation||2014||2014|
|Languages||English, Portuguese, German, French, Spanish, Italian, Dutch||English|
|Mobile app||iOS||iOS, Android|
Registration and Verification
Poloniex has a simple interface that conveniently places all relevant charts and graphs on one page. Historical price, order books, market depth and trading history are all in one column organized for easy analysis. You can also trade on margin and lend currencies to shorters at Poloniex. These are advanced trading strategies that only experienced traders should try.
Trading Volumes and Traded Pairs
As a pure cryptomoney exchange, Poloniex supports Bitcoin, Ethereum, Monero and Tether pairings with:
- Bitcoin Cash
- Ethereum Classic
- Ripple +57 more coins
Poloniex rates range from 0. 00% to 0. 15% for manufacturers and from 0. 05% to 0. 25% for consumers. However, to receive a lower rate, you will need to have more than 600 BTC of operations in a month.
Poloniex does not go into detail about its security practices, but states that the vast majority of customer tanks are stored off-line in airless cold storage. They only keep enough funds online to provide the liquidity needed for active trading. Trading is monitored 24/7/365 for suspicious activity, and all accounts use 2-factor authentication.
Pros and Cons
I have been studying cryptocurrency for over 5 years. I have accounts in every exchange and I test everything on myself.
I want this market to be more understandable for everyone.