Poloniex Exchange - Introduction

in Project HOPE4 years ago

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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Image Source

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”

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  • Go to “Sign Up”

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  • Feed the basic informations.
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  • 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…

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

• Bitcoin
• Ethereum
• Litecoin
• Monero
• Ripple
• bitshares
• NEM
• Bitcoin Cash
• Stellar
• Ethereum Classic
• Zcash
• Dash
• Dogecoin

• 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 feesTaker's fee
<6000.15%.025%
600-1,2000.14%0.24%
1,200-24,0000.12%0.22%
2,400-6,0000.10%0.20%
6,000-12,0000.08%0.16%
12,000-18,0000.05%0.14%
18,000-24,0000.00%0.12%
24,000-60,0000.00%0.10%
60,000-120,0000.00%0.08%
>120,0000.00%0.05%

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

Thank you


Reference

[1]Poloniex Exchange Review 2020

[2]POLONIEX Review 2020

Cc:-
@steemitblog
@steemcurator01
@steemcurator02

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

Generally, the taker's fee is significantly higher than the maker's because they are reducing the liquidity of the platform as opposed to the maker's who increase the liquidity by creating orders.

After some incidents in 2014, Poloniex Increased security features of the Exchange. They have enables “2-factor Authentication” system to increase the security.

The 2 factor is what had earned poloniex its trust back since users get a sense of security knowing that they have to verify their logins to prevent unauthorised attempts.

Thank you for this.

#twopercent #ghana #affable

They have enables “2-factor Authentication” system to increase the security.

They had to face some security issues at the start. Specially in 2014. It's happy to see now they are considering security very seriously than any other exchange
#oneprecent #srilanka

After some incidents in 2014, Poloniex Increased security features of the Exchange.

For Poloniex the confidence of traders is a challenge, especially after a difficult start. This is why this platform reimbursed the majority of losses to traders and continued to gain a trusted reputation in this industry by putting in place also a number of technical measures that you cited to ensure the safety of traders .

True, they spend millions from their pockets to gain the trust back from their traders.

Hello @sridhara

Thank you for posting within our project.hope community on STEEMit.

Please spare few minutes and read how project.hope is organized and learn about our economy.

That would help you understand more our goals and how are we trying to achieve them. Hopefully you will join our community and become strong part of it :)

Do you use telegram or discord? If you do then join our server and give me a shout. I would gladly share with you goals of our community and introduce to others from our team.

Consider joining our discord server: https://discord.gg/uWMJTaW

Yours,
@project.hope team,

 4 years ago 

Hi @sridhara

Welcome to PH (project.hope) community :) Hope to hear more from you in the future.

ps. check out comment from project.hope and cyu on our discord.
Cheers, Piotr (@project.hope founder)

Good job...

Nice introduction about Poloniex.

Thank you for taking part in the Spotlight on Poloniex Contest.

Keep following @steemitblog for the latest updates.

The Steemit Team

That was a very nice and useful introduction!