The new owner of Poloniex intends to compete with Venmo, Coinbase and TransferWise
The mentioned companies have their differences, and not all of them are related to crypto-currencies, but they also have one common feature - work in the field of mobile payments that are gaining popularity. The Square Cash application recently added an option to buy bitcoin; Venmo belongs to PayPal and, being available only in the US, does not work with crypto-currencies; TransferWise, on the contrary, works practically all over the world except for the USA; Coinbase as the leading platform of digital assets does not need additional representation, while the Robinhood crypto currency trading application was launched only last week.
