WARNING, Do Not Use Poloniex to Sell or Trade Your Steem or SteemDollars!
Privately I Have Been Warning Everyone to Not Use Poloniex for Steem Transactions.
Now it is time to go public and warn the Steemit community to refrain from using Poloniex at this time for all Steem and SBD sales. Users are experiencing problems sending their Steem and SBD's to Poloniex. I also recommend until Poloniex fixes the issues they are having that you cease trading there.
Bittrex is Not Having Any Issues.
We have been Bittrex users for years and have not had any issues. I recommend this exchange for Steemit transactions at this time.
The Other Option is @Blocktrades.
I have never used the platform for my Steem or SBD transactions but I have not heard of anyone having issues with them either.
Bring on the Decentralized Exchanges.
I am excited at the possibility that Decentralized exchanges are being developed and improved. Soon my days of trading on centralized exchanges will be a thing of the past.
Say it with me now... Open Ledger.
I have not used it yet but I am hearing good things.
Yup. I won't be transferring Steem through Poloniex again until they sort out their issues.
yea they need to get their sh** together, if this becomes really big news it could potentially drive away investors, and thank you hilarski for all the upvotes, you are very generous, dont upvote this one you have already made me like 8$ lol
They're pissing me off... Sent 40 SBD 8 days ago, deposits are finally "active" again, and my money still hasn't been credited... They DON'T reply to support tickets, I'm starting to feel like I've been robbed, and I REALLY need that money...
I actually received an answer immediately from the support telling me that once the exchanges are active again my deposit will be credited. So I'm still waiting.
I get the same email when i submit a deposit issue ticket. I've learned its just a bot. Apparently, they never actually respond.
Really? Well, that sucks.. just hoping forthe best then i guess
same with me and some litecoin, and etc. 3 open tickets from three different transactions. 0 replies in about a month.
Exactly, you are one more person that is experiencing these problems.
I also hold some BTS on Poloniex, and now they disabled trade with those. FML . Hope this is just temporary and I can get ahold of mw sweet sweet Bitshares soon.
I sent 100 steem 8 days ago hilarski and i sent 3 tickets without any anwers from polo. awful man what can i do in that case?
Is a class action a viable option if they never credit people?
I don't know I don't live in a country that does that.
I live in America, where if you mess with our money, we will sue you faster than you can say "my bad"
Polo is a US company and really should sort their shit out. Behaviour like this from a US entity could be the end of crypto trading there. Look what the US regulators have done to the forex industry - utterly destroyed it. Selecting a forex broker in the US is now like voting in the presidential election: you get to choose between 'a giant douche and a turd sandwich'.
haha i like the south park reference
IMO it had been getting a little stale, but those last two seasons were off the hook
So true, man. Our country most certainly does not manage our money well despite our obsession with it...
Yep, the best forex brokers in the UK and Australia are 4-6x cheaper than the two big retail brokers in the US. Excessive regulation has created an oligarchy where existing US firms do not have to bother competing with their international counterparts.
I agree, I have been using blocktrades to exchange steem and sbd to eth and btc for 2 weeks, love it!
Agree also. I've used Blocktrades a few times over the past couple of days and all good to convert SBD to steem power. Very fast. Recommend.
Go to Bittrex, much better rates
1BTC = 1447 SBD on blocktrades
1BTC= 1556 SBD on Bittrex at time of this post
Yeah I just got into Blocktrades yesterday and it´s sweet. Fast and smooth transactions, with no issues nor lag (Polo´s speciality)
Good luck on your trades!
does blocktrades have SBD?
Yes they do. You can send them SBD and receive Steem Power. Or some other cryptocurrencies (BTS, ETC, LTC, BTS, DASH)
Enjoy!
so can you explain to me why you get steem power and SBD for blogging?
I just started using bittrex and it works great! Glad I found out about this early and didn't learn the hard way.
Good to know. Thanks , I'll be careful.
glad to know...i just signed up in bittrex
Dammit, I just had this exact same problem! I feel so stupid after the trouble they've been having for the last couple weeks.
1
thanks for letting us know, i have 2 currencies in poloniex so i think i might transfer them to another exchange
lets upvote the crap out of hilarski's post so we can fund the money for a SBD lawsuit! lol
Because this is all new to me I am certainly taking your advice on this!!
If you need help Miriam I am happy to hop on Skype with you.
Thanks I really appreciate the offer!