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Poloniex review
In this episode of crypto talk I review the worlds largest crypto currency exchange Poloniex. I have been a customer for the past 6 months and use the site primarly to lend bitcoins to other margin traders.
Poloniex Pros
US Based Huge selection of exotic alt coins to trade
Make sure you have 2fa on
Does not deal with fiat currencies at all. They use teather and altcoin designed to exactly match the us dollar (USDT) Very competitive exchange rates for lending and borrowing bitcoin
No mobile app but mobile version of the website
Only allows 2.5x margin trading
Is poloniex a scam?
Poloniex is overloaded at the moment with new customers, the support is responding very slowly and people are complaining about their accounts being frozen. In my opinion Poloniex is a victim of its own success and struggling to keep up with the amount of new customers it's receiving. have no reason to suspect the Poloniex is a scam. Please comment below if you feel differently.
