Poloniex Exchange - Introduction

Hello my friends, I’m @sridhara here and today I would like to give you a short introduction about “Poloniex Exchange”

What is Poloniex?

Poloniex is a trading platform available in Crypto market. This exchange system came to active in 2014 by Tristan D’Agosta (US company). But within a short period in2018 Poloniex deal $400 million valued market.

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Special Features about Poloniex :-

• User friendly Interface
• Can use both in iOS & Android as mobile apps
• Has API ( Application Programming Interface) facilities. So even through 3rd party websites can access to Poloniex exchange.
• Supported more than 50 currencies.
• Very low fees Structure
• High Security Features

Safety of Poloniex Excgange :-

After some incidents in 2014, Poloniex Increased security features of the Exchange. They have enables “2-factor Authentication” system to increase the security. And here are some other security features that they have added,

• Session activity monitoring system
• Email verification system
• Security against robot infiltration type web attacks.
• Personal data protection protocol

When it’s go through all these security features , it’s so safe to do market exchange in Poloniex Platform.

How to Sign up for Poloniex?

• Go to www.poloniex.com”

• Go to “Sign Up”

• Feed the basic informations.
  

• Do the Email verification
  After you create you can start trading…….

Before you start trading it’s better to check whether your county is accepted in Poloniex Trading. Here is the county list that updated…

And here are some main coins that available on Poloniex Exchange :-

• Lisk
• siacoin
• Factom
• 0x
• OmiseGO
• Viacoin
• burst
• Ardor
• Augur
• blackcoin
• vericoin
• peercoin
• nexium

Here is the fees structure in Poloniex. You may get some ideas about how low is the fees in here.

Volume (BTC)	Maker's fees	Taker's fee
<600	0.15%	.025%
600-1,200	0.14%	0.24%
1,200-24,000	0.12%	0.22%
2,400-6,000	0.10%	0.20%
6,000-12,000	0.08%	0.16%
12,000-18,000	0.05%	0.14%
18,000-24,000	0.00%	0.12%
24,000-60,000	0.00%	0.10%
60,000-120,000	0.00%	0.08%
>120,000	0.00%	0.05%

So I hope you may gain some idea about Poniex Exchange Today.

Thank you

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Reference

[1]Poloniex Exchange Review 2020

[2]POLONIEX Review 2020

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