BlockSpace Exchange Reports: Poloniex Review
For a very concise version of this shit... scroll to the bottom and read: Simple Review
In this article / transmission I attempt to give you the most comprehensive history and review of the Poloniex Cryptocurrency Exchange, glancing at everything from founder to page load speeds. If you want to skip all the details and get a very concise list of details covered scroll all the way down to simple review. ICANN registered Poloniex on January 10, 2014 at 16:43:20 Z, and has since come a long way, boasting a Global 7,712 Alexa rating with at least 12% of traffic stemming from the US followed by them Russians. In a market oversaturated by new modernized exchanges with fancy promotions like Binance and Huobi; Poloniex has struggled to provide additional attractive offers for the new cryptocurrency investor. During this time consumers speculated customer support delays to be part of a broad unconscionable scam, which is not the case. Despite this, I find Poloniex still leads with a thick margin by way of simplicity, UI, and unique value added options such as lending markets. And now shows even more promise toward a modernized exchange.
Tristan D’Agosta Who da’ F@&^ is that dude?
Poloniex was originally founded by the semi anonymous crypto figure named Tristan D’Agosta in January of 2014; When it comes to crypto anonymity, this person sits right up there with Satoshi Nakamoto. From what one is able to gather, D’Agosta was most likely a musical student from Rutgers who participated in the production of film, theatre, and orchestral soundtracks, later turned entrepreneur selling musical products and services, later turned cryptocurrency god listed on Forbes 40 under 40. Various sites list his/her/it’s prior business ventures: www.tristandagosta.com, his musical portfolio with what might be his face but who cares ,and www.poloniussheetmusic.com, a site designed to print, and sell sheet music. Irregardless of D’Agosta’s identity, he did his part in pushing crypto; and more than certainly is going to play larger role in coming years. Other notable partners include: Julie Kim and Michael Demopoulos, trying to decipher these individual’s past’s is even more speculative and will most likely lead to bad inquires. I am also willing to accept that all this info was an elaborately designed fake identity, however unlikely…
Below are some waybackmachine’s (https://archive.org/) captures of his sites, which are now delisted.
https://web.archive.org/web/20140105121026/http://tristandagosta.com/
https://web.archive.org/web/20140211151428/http://www.poloniussheetmusic.com/
http://fortune.com/the-ledger-40-under-40/tristan-dagosta-28/
https://www.linkedin.com/in/tristandagosta/
What Does Poloniex Stand for?
The following is only speculative, but if you haven’t already noticed, Poloniex most likely stems from the Shakespeare's Character, Polonius, in his play, Hamlet. Polonius is King Claudius’ servant assigned to monitor Hamlet, who seeks to kill Claudius; unfortunately he kills Polonius by accident assuming he was shanking Claudius through a curtain. Ophelia is daughter to Polonius and lover of Hamlet, whom generally never gets the love she wanted back; she also dies, well, drowns herself after hearing that Hamlet had supposedly died. So… how does this relate to Poloniex? Perhaps, Polonius’ verse to his son Laertes, best associates itself with the Exchange,
“Neither a borrower nor a lender be,
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.”
-Hamlet Act 1, scene 3, 75-77
Beyond this, there are some internet articles that suggest Polonius use’s everyone as an investment to help him achieve his goal to spy on Hamlet. Consider the fact that D’Agosta even had another site with the name Polonius in it related to his musical talents around orchestral type music…. only fitting for theatre right.. There’s more to this story at the end…. Stay tuned Listen, and remember, I’m no English Literature pro… so if you see any mistakes, then good for you, any other suggestions, please I invite you to comment on them.
RIP Polo-Trolls
Gone are the days a moderator would ban you with Thor’s almighty hammer. Say what you’d like, but Poloniex’s old Trollbox was unique for this and its community of trolls were more entertaining that what you would see today on Tradingview or Robinhood. They would demonstrate tenacity toward pump and dump schemes of small cryptos. You would even maybe predict pump and dumps based on the trolls trolling strategy, truly something to behold. But I must admit I’m biased about simpler times… Unfortunately, due to overwhelming customer support demand, on April, 7th, 2017 , Poloniex shut down the Trollbox…oh how I miss you trolls…I wonder if the alleged Litecoin queen ever existed then…to be honest I don’t remember her back then. F%$^ you guys and your sudden demand to create accounts…
What made this Trollbox was its internal economy, you could mark people you enjoyed up by donating micro amounts of BTM to them which would in turn raise there Mark level and darkness of their pink name. You would also see moderators denoted by the blue shield looking thing, and gold for for general staff. Green indicates that your username was mentioned.
Miss you Chewpacabra </3
If you wanted to see the Poloniex Marks rules…
https://web.archive.org/web/20160321203532/https://www.poloniex.com/marking
Circle acquires Poloniex
Besides the grand crypto dump and bitconnect memes in early 2018, rumors regarding a Poloniex and Circle IFL partnership was in the works. Circle later announced on February 26, 2018 that they had acquired Poloniex for $400 million, speculation of course, as Poloniex and Circle never officially stated the financial terms beside a fortune magazine article with supposed insider info. Since then, Circle has been working toward addressing the customer support issues. We have seen new updating schema to the Poloniex site since then including a slightly different landing page, slogan, and introduction of the Poloniex Mobile app…. a much needed overhaul for modern investors clamming for enhanced features. When talking about the future plans for the exchange, they say the following:
“We envision a robust, multi-sided distributed marketplace that can host tokens which represent everything of value: physical goods, fundraising and equity, real estate, creative productions such as works of art, music and literature, service leases and time-based rentals, credit, futures, and more.”
An upgrade I have yet to see on any exchange. But if these plans bear fruit, this would be awesome.
How Safe is Poloniex? Is it a scam?
If Circle’s acquisition of Poloniex was not enough for you, then idk what is. Circle’s acquisition of Poloniex signals the growing trend to move block space into a more regulated environment. United States users lost two beautiful features, lending, and margin trading; these limitations are mainly set to satisfy regulatory oversight. If you are afraid Poloniex is a scam, then keep your blockchain assets in a secure private wallet like a good Satoshi, and keep your ass shut. Recognize the fact that Poloniex is a centralized exchange, not a decentralized exchange…. there is inherit risk, choosing a blockchain asset exchange to allocate your funds to is the near equivalent but far more risky version of choosing which crypto you want to HODL most. There terms and conditions as with most other blockchain asset exchanges, heeds warnings that they are not responsible for lost funds.
Hack History
The one known Poloniex hack occurred on March 4th, 2014, due to a glitch that targeted rapid withdrawals in a short period of time, the supposed hack would make accounts negative. D’Agosta froze the exchange, fixed the glitch with an updated daemon, and reopened the 5th with the plan to cut the 12.3% in loses by two methods: raising fees from .2% to 1.5% and using earnings to pay back customers. A Since then, there has not been any other publicly known exploited hacks.
Notably, law firm Berns Weiss LLP was investigating DDoS attacks said to have occurred on May 8th, 2017 that potentially led to loss of customer funds by virtue of a blackout and a large Ethereum sell order that caused the price to decline enough to liquidate margin positions. The issue here being that this might have been triggered by market manipulation from insider trading. Berns Weiss stated at a later date that upon further investigation, they found no misconduct that would implicate Poloniex in a lawsuit, furthermore only found that Poloniex had begun to privately recompense customers for their losses.
As a method of general precaution, I always wait for the first hack or exchange glitch to occur on a highly popular exchange before placing my funds in, this way I see how the exchange reacts and demonstrate they have overcome the challenge properly, but remember past performance is not and indicator of the future. IT IS IMPORTANT TO POINT OUT THAT AS AN INVESTOR, YOU MUST NOT ASSUME EXCHANGES WILL COMPENSATE YOU HACKS, MARGIN LOSSES, YOUR MISTAKES, READ THERE TERMS AND CONDITIONS TO FIND MORE.
Registration: Country Restrictions and Verifications
You cannot participate in this exchange if you are any of the following…sorry supreme leader Kim Jong Un…
“…you are a resident, national or agent of Cuba, Iran, North Korea, Sudan, Syria or any other country to which the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions (“Restricted Territories”); (ii) you are a member of any sanctions list or equivalent maintained by the United States government, the United Kingdom government or by the European Union (“Restricted Persons”) or (iii) you intend to transact with any Restricted Territories or Restricted Persons.”
And…Sorry New Hampshire… no Poloniex as of Sept. 2016 because of regulatory shit, also US residents you do have some limitations when it comes to margin and lending. As far as verifications go, you are required to have ID, proof of address, and your Social Security verified to use any basic version of the site. Yes they do perform a variety of background checks and financial crimes history. Understandably at the height of the 2017 crypto market there was delays and significant wait times to process applications, if you want to avoid that this time around, make your accounts now and sit on them.
Security Options
When it comes to security settings on your account, Poloniex offers the industry standard 2 Factor Authentication, you can use Google Authenticator, Authey, use your laptop, iPhone, Andriod to keep you 2FA code. Please remember to save a copy of the 2FA code, there will come a time when you drop your phone in the toilet because you were mining some Vice token…. and you won’t be able to retrieve your funds without contacting customer support first. You can write down the code or save it on an encrypted USB…
User Interface
Arguably, on of Poloniex’s strongest aspects is its UI; because of its simplicity on minimum viable products and lack of distractions. Log into most other exchanges and you will be bombarded with promotions and some calls to action, those are value added features for the new modernized crypto trader, but they also slow down site performance and distract you from the fact that you are on an exchange for one thing only, exchanging. Poloniex uses three main colors in the form of gradients: green (#0a6970) and white (#ffffff) , this produces great contrast and only demands your attention were necessary such as the header, markets, notices, and trading options; this is only enhanced by there Dark Mode (next section).
For years, Poloniex lacked proper official mobile app to trade on the go; please note you could still use the mobile internet version but loading the chart data did lag, even though everything did translate comfortably. Compared to most other apps, Poloniex does require that your API keys for access to their mobile app. While on that note, please double check the developer name in the Apple/Andriod Stores and ensure that it is Poloniex who made the app, you don’t want to enter your private API keys to a malicious third party app. The app is stable and solid, with a great UI, but I personally still prefer the desktop. The information architecture is direct, and my only criticism here is the difficultly to find the “Deposit/ Withdrawal History.” I will admit one of my most favorite parts of placing orders is the order pop up, saying you have sold or purchased a position.
Lastly, the UI for the charts were once designed in house, it was definitely not the best, but deftly useful; they have now upgraded to a Tradingview widget integration, which is wonderful because of the abundance of tools. But as much as I love the new Tradingview charting integration, I cannot say I’m a fan of the limited time feature only going as big as 1 Day candlesticks.
Dark Mode
Crypto never sleeps, and sometimes you don’t either, respect your eyes, use dark mode when possible. Poloniex beat general internet sites to dark mode, and I personally believe they use the best color scheme of Dark Mode. They use tones of green, moreover, it’s a darker version of its logo; it doesn’t polarize the contrast as most dark modes do, it produces color thats easy on the eyes and pleasant to use. They use hex #0f1414, if you wanna see more about the color, see this. https://www.colorhexa.com/0f1414. Matrix vibes…but its the blocktrix…
Does Poloniex support Forks/ Airdrops/ Candy Support?
Not really. Yet another controversial factor when it comes to Poloniex, forks, drops, and candies; they usually don’t support them. To be fair they have supported some of the larger forks: bitcoin cash, sv, abc, and ethereum classic; but don’t assume this will always be the case. Lets look at the terms and conditions for clarification…
“Poloniex is under no obligation to support a Fork of a Digital Asset that you hold in your Account, whether or not any resulting version of such forked Digital Asset is a Dominant Digital Asset or Non-Dominant Digital Asset or holds value at or following such Fork. If Poloniex, in its sole discretion, does not elect to support a Fork of a given Digital Asset, including the determination to support, continue to support, or cease to support any Dominant Digital Asset or Non-Dominant Digital Asset, Poloniex assumes no responsibility or liability whatsoever for any losses or other issues that might arise from an unsupported Fork of a Digital Asset.”
and when it comes to airdrops, candies…
“Poloniex also does not generally support any other distributions, dividends, or “airdrops” of Digital Assets to wallet addresses (collectively, “Airdrops”) regardless of whether or not you would have received such Airdrops if you held your Digital Assets outside of Poloniex. Poloniex may, at its sole discretion, elect to distribute and/or support an Airdrop, but it has no obligation to do so and shall bear no liability to Users for failing to do so.
So never assume that Poloniex will support anything…And what happens to those extra assets you ask? Can’t confirm this to be honest beyond speculation, but what we can legally be sure of is that do reserve the right to spend it for Satoshi knows what… crazy Silicon Valley parties maybe.
“If we do not support an Airdrop, we will not claim such Airdrop for our own benefit (unless it is unavoidable or impractical to avoid based on the means of distribution).
Now lets say Poloniex confirms they are supporting a new Fork, call it “BTC Lite Vision”, and you decide to loan your BTC for margin during this time. You will NOT receive the fork. So don’t loan it out and cry later. Please.
“If you have any coin on loan at the time of a fork, you do not have it on balance and therefore you cannot receive coins on the corresponding chain.
Unfortunately, these are among the least desirable qualities in any form of an exchange, but on the same note, I am willing to accept that I should never fully trust any exchange to begin with. I have yet to see any exchange that supports absolutely every fork, candy, airdrop, or dividends. So if you desire to accumulate your extra coins without a doubt, please DYOR, and take your coins off the exchange temporarily in a timely manner (because theres always deadlines). Don’t forget if you hold a currency like EOS, there are candies appearing almost every hour of the day, the likely hood of their longterm viability only Satoshi knows but remember to at least try and get your credit for it.
Liquidity
First lets establish the fact that we are at the midst of the bottom of a massive selloff or just somewhere closer to bottom, at this point in the economy there is not much liquidity to go around. At the time of writing, coinmarketcap.com ranked Poloniex 66th in volume with a disappointing $12,000,000 in volume; consider the fact Poloniex was once always top 20. To be fair, most of the OG exchanges have fallen through the cracks in terms of popularity and resultantly volume I imagine most because of value added features and coin support. Poloniex supports 125 markets divided among 5 different pairs. The lowest trending currency in volume was Numeraire, with .022 BTC in trading volume. Market orders occur pretty rapidly with the top 10 listed currencies, otherwise, you are subject to orders that sell or buy the first .1 or 1 coins then the rest is placed in open orders Que.
Currency Selection / Listing Requirements
Poloniex lists a small yet abundant set of currencies with generally more promising prospects and teams; plain and simple, they don’t list shit coins. If you see Coinbase as a coin boutique listing only the most promising currencies, I would rank Poloniex as its slightly lower tier partner. In the past Poloniex has listed some rather questionable currencies including my most favorite, DIEMcoin…I really thought it was gonna take me to the moon someday…RIP…If you want to see there old listings, visit its old landing page on the wayback machine, and see how far they’ve come. You could say that Poloniex back then, is what Cryptopia looks like now with far less coins. But again, today they list the most popular currencies, and even include an XMR paring against DASH, LTC, ZEC, NXT, MAID, BCN. There margin listings are among the most solidly interesting in the market, more on that later, sorry US, “NO MARGIN FOR YOU.”
How does Poloniex make their currency selections? Poloniex Support Center clarifies that they do not carry a simple formula to select currency listings, rather they seek: organic demand, no securities, and do some Howey Testing. Most importantly, they do seek ID verification from the development teams, this is important because their are several smaller exchanges that do no seek such verification, and makes them a little less accountable.
https://web.archive.org/web/20140309095547/https://poloniex.com/
Deposit/ Withdrawal Limits & Fees & confirmation requirements
Based on current market conditions, withdraws generally cost under $2. Most interestingly, EOS withdrawals are free, this is extremely rare among exchanges. There is no withdrawal minimums, unfortunately this should not be a criteria but other exchanges do have expensive minimum withdrawal limits. However there is max withdrawal limits based on a tiered status of verification. If you are fully ID’d then you have a $100,000.00 daily withdrawal limit.
Because I bet you didn't know about UNCLAIMED PROPERTY...
“If Poloniex is holding funds in your Account, and Poloniex is unable to contact you and has no record of your use of the Services for a prolonged period of time, applicable law may require Poloniex to report these funds as unclaimed property to the applicable jurisdiction. If this occurs, Poloniex will try to locate you at the address shown in our records, but if Poloniex is unable to locate you, it may be required to deliver any such funds to the applicable jurisdiction as unclaimed property. Poloniex reserves the right to deduct a dormancy fee or other administrative charges from such unclaimed funds, as permitted by applicable law…If you haven’t logged into your Account for a prolonged period of time and we are unable to get in touch with you, we may be obligated under law to consider your account abandoned and we might then be required to transfer your account balance to a body designated by law. “
“If Poloniex is holding funds in your Account, and Poloniex is unable to contact you and has no record of your use of the Services for a prolonged period of time, applicable law may require Poloniex to report these funds as unclaimed property to the applicable jurisdiction. If this occurs, Poloniex will try to locate you at the address shown in our records, but if Poloniex is unable to locate you, it may be required to deliver any such funds to the applicable jurisdiction as unclaimed property. Poloniex reserves the right to deduct a dormancy fee or other administrative charges from such unclaimed funds, as permitted by applicable law…If you haven’t logged into your Account for a prolonged period of time and we are unable to get in touch with you, we may be obligated under law to consider your account abandoned and we might then be required to transfer your account balance to a body designated by law. “
Again, don’t freak, if you plan to leave your funds in any exchange for lengthy periods of time its probably better you shift those funds into a wallet anyway for security purposes. But it’s important for you to be aware of this. Lastly, remember to double check your deposit and withdrawal addresses, copy and paste, Poloniex will not take liability for your mistakes; your funds are not insured.
Transer Options
You will need to bring crypto from another exchange such as Abra or Coinbase or Binance or ATM that allows you to buy crypto with a bank.
Trading Fees
Not the best. As with most exchanges, Poloniex uses a 30-Day trailing volume tier status to decide your fees, the base tier for less than 1 Million USD trading is an average 0.08% Maker and above average 0.20% Taker. Currently there is no incentive structure or trade mining for discounts with referrals or holding a so called exchange token such as Huobi Token or Binance Token. If you decide to lend your coins, there is a 15% fee deducted from your earnings.
Margin Trading
Sorry US Cryptonauts, as of Nov. 28th 2018, you lost your opportunity to trade margin… For the rest of the universe, you have a wonderful handful of options to pick from. Poloniex carries the most unique margin opportunities to date. You can hedge the following against Bitcoin up to 2.5x leverage: LTC,XPR, ETH, DASH, XMR, STR, BTS, DOGE, FCT, MAID, and CLAM. And you decide your fees, if their is a market for it, you can choose a market loan or demand a custom one.
Lending
Again sorry US, you lost your opportunity on December 12th 2018, RIP. Very few exchanges offer P2P margin lending opportunities, and luckily Poloniex remains as one of them. You can choose rates as low as 0.0001% and as high as 5%; and you can choose durations as low as 2 Days and as high as 60. What feels even greater is watching you money grow realtime. Please remember though, if you lend something you have to wait until the loanee closes their position or until the end of the contract; so if you want to sell your long term hodlin’s because you see a storm coming, its serves you best to wait. During times of high turbulence in the markets, the risk goes up as traders begin to get REKT over poor decisions. In my past experience this negative aspect has yet to have occurred. You can maximize your earnings by diversifying your loans, and choosing currencies with the most upcoming trading demand; traders usually begin to get desperate to jump on the moon train and fight for the loans until all the cheap loans are gone, and the FOMO makes them take 3-5% loans. This wont make you a crypto millionaire overnight, but you’ll probably earn enough to buy a Costco Hot Dog once a month.
Also remember that this option comes as another form of investing, you are taking the risk that the loanee can default on the loan and you will end up cover the costs of their debt. Their is always the possibility of a hack too…
“You claim full responsibility for monitoring such technological changes and understanding their consequences for your Digital Assets. Users conduct all trading, margin trading, lending, and/or borrowing on their own account and Poloniex does not take any responsibility for any loss or damage incurred as a result of your use of any Services or your failure to understand the risks involved associated with Digital Assets use generally or your use of our Services.”
To be fair though, this is why we have margin calls, and liquidation’s, they protect the original loaners funds.
Page Speed
Strange metric, but maybe useful to you in different situations…keep in mind the following variables affect this test: consumer demand, page items, internet speed, and your device. Using the latest Brave browser update (0.59.35) on a Desktop and the Google Network Inspection tool (cache disabled), I tested the log in and the BTC/ETH market page.
The log in page averaged 2.216 to finish loading
The BTC/ETH exchange page averaged 4.145 to finish loading.
These results alone are not significant but when looking at other popular exchanges, Poloniex regularly performed faster, this is most likely due to Poloniex UI simplicity and lack of additional promotion features not to mention less currency price updates. We can test other exchanges in other reviews to see who fares the best. Again probably not a necessary metric, but maybe important to you for whatever reason.
Features
The best features: Margin Trading and Lending, no fancy promotion material like modernized exchanges such as Binance.
API
Poloniex does offer API access for private usage, including for you mobile app access. But is not to be used commercially.
Customer Service
Unarguably, the most controversial aspect to Poloniex by far.
Time limit to respond
We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.
Overview/Summary
Poloniex, truly is an “OG” exchange thats under new management who seeks to bring it to the modern blockchain asset investor with more value added features. It is a great place to start trading for just that, Trading; no distractions, simple, pleasant to the eye, and fast. If you are looking for fancy discounts, referrals, trollboxes, forks, airdrops, or candies then look elsewhere. I’m not ruling out the possibility that they will not support the other features, but for the time being it is what it is. Its currency selection is refined and generally liquid. Its value added features such as margin and lending are unique and top in class of a very small class. I consider this one of my top 10 exchanges, if you don’t already have one, I suggest getting an account. ( Don’t worry I’m not getting referral points for this) For you more new crypto vesters, remember to choose some exchanges that have been tried and tested, many of these newer exchanges still lack experience.
Grade
Ophelix.
So. What is this information I suggest might be interesting? On April, 8th, 2016, ICANN registered a new domain www.ophelix.com under netearthone.com…same Registrar as tristandagosta.com... I don’t want to jump to conclusions, so a little more research shows that an SEC Form D (Notice of Exempt Offering of Securities) was filed on April 18, 2016 with the Issuer being Ophelix, Inc. and its Executive Officers/Directors being: Tristan D’Agosta, Kim Julie, and Michael Demopoulos. So…I don’t think I’m overthinking. The form does not offer us much useful information as to what Ophelix does besides being noted as an “other technology” industry group, with a Rule 506 (6) as a federal exemption meaning that only accredited investors are allowed to participate in this offering, and yes only 35 unaccredited investors upon proof of mental capacity are allowed to participate.
Ophelix, baby of Poloniex… suffixes are similar enough. What might Ophelix specifically do? I deduce that it is another form of “exchange” related to “blockchain assets,” not directly or solely “cryptocurrencies.” Again, I look into Shakespeare's writing for a little more insight; Polonius convinces Ophelia that Hamlets physical gifts and affection are not proof of his affection, he instructs her to return them to him, the following is Ophelia’s dialogue in that return…
“My honored lord, you know right well you did,
And with them words of so sweet breath composed
As made these things more rich. Then, perfume left,
Take these again, for to the noble mind,
Rich gifts wax poor when givers prove unkind…”
-Hamlet Act 3, scene 1, 94-103
So for you lucky accredited investors, heres an opportunity for you, you lucky @^H#&’s.
Extra Stuff
CDN- Cloudflare
Data Collection - Check terms and conditions, do not use Poloniex for money laundering you’ll get caught.
Registered Under FinCEN Money Services Business # 31000091844018
Simple Review
Currency Pairs
BTC vs 60
USDC vs 13
ETH vs 19
XMR vs 6
USDT vs 25
Deposit / Withdrawal Fees
Minimal fees (less than $2 per withdrawal), EOS withdraws free. No withdrawal minimums ( I mean at least a buck or two). There are deposit requirements for some currencies such as ETH.
Trade Fees
Slightly more expensive, based on 30 Day Trading Volume Period
Starts at 0.10 Maker - 0.20 Taker ≤ $500,000 USD
Customer Service
Far Below Average, but improving
Page Loading Speed
Above Average, using a clean desktop and most updated Brave Browser
The log in page averaged 2.216 to finish loading
The BTC/ETH exchange page averaged 4.145 to finish loading.
Special Features: Promotional Stuff
No, not very modern meaning, no special exchange coin, referrals, labs, or trollbox.
Fork/Candy/Airdrop Support
No, unless explicitly notified directly on the Poloniex Site.
Margin
Yes, not for US, and above average with exotic options. These options are available: BTC, ETH, XRP, LTC, XMR, DASH, BTS, DOGE, CLAM, STR, MAID, FCT
Lending
Yes, not for USA, but extremely unique, BTC, ETH, XRP, LTC, XMR, DASH, BTS, DOGE, CLAM, STR, MAID, FCT
Founders
Tristan D’Agosta
Julie Kim
Micheal Demopoulos
Support Currencies / Liquidity
User Interface
Clean, best in class, straight to business and un-distracting. Trading.
Number of Hacks
1
Verification for Basic Services
Yes, ID, Address, and Social
Social Media Sties
https://www.facebook.com/poloniex/
https://www.reddit.com/r/poloniex/
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