Poloniex adds margin trading but wants your profile

[kulme]

Time to find another exchange?

Or say my name is John Doe, location Nigeria?

as long as they don't want a copy of your ID or some shit it's up to you. just give them fake data

http://i58.tinypic.com/29l1g1y.jpg

just enter fake data in step 1 and get verified so after this your daily withdraw limit will raise to $2000, level 2 also don't need any kind of your data copy.

I wouldn't do that as they might randomly select your account for an audit at some point or if some threshold is hit like account containing > 50 BTC or trying to withdraw a large amount or w/e... and if you can't come up with an ID matching your fake name they will take your monies.

Yeah, best to not add fake name to your account. They will  end up freezing your account with the funds. Thats what other sites which require verifications do as well. Also, why are they taking this step ? Because it is not based in US

[readysalted89]

Time to find another exchange?

Or say my name is John Doe, location Nigeria?

as long as they don't want a copy of your ID or some shit it's up to you. just give them fake data

http://i58.tinypic.com/29l1g1y.jpg

just enter fake data in step 1 and get verified so after this your daily withdraw limit will raise to $2000, level 2 also don't need any kind of your data copy.

I wouldn't do that as they might randomly select your account for an audit at some point or if some threshold is hit like account containing > 50 BTC or trying to withdraw a large amount or w/e... and if you can't come up with an ID matching your fake name they will take your monies.

Yeah, best to not add fake name to your account. They will probably end up freezing your account with the funds. Thats what other sites which require verifications do as well. Also, why are they taking this step ? Considering it isn't based in the US.

I thought it was in the US because a who.is search shows it's registered there.

https://who.is/whois/poloniex.com

Raw Registrar Data
Domain Name: POLONIEX.COM
Registry Domain ID: 1842246319_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.netearthone.com
Registrar URL: http://www.netearthone.com
Updated Date: 2015-01-25T22:06:14Z
Creation Date: 2014-01-10T16:43:20Z
Registrar Registration Expiration Date: 2016-01-10T16:43:20Z
Registrar: NetEarth One, Inc.
Registrar IANA ID: 1005
Domain Status: clientTransferProhibited
https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Tristan D'Agosta
Registrant Organization: Poloniex, LLC
Registrant Street: 121 Wisconsin Ave Ste 101 
Registrant City: Whitefish
Registrant State/Province: Montana
Registrant Postal Code: 59937
Registrant Country: US

[bathrobehero]

Bottom of the site:

© Poloniex, LLC 2015 - Whitefish, MT, USA

[2dogs]

What a clusterfuck!

I only have a few hours to fuckin' trade, transfer or abandon.

[cryptojumper]

It's ok guys, nothing has changed for regular people. Only the world elite will upload their docs. Look at the limits.

Poloniex has posted an "open letter" about this: https://poloniex.com/press-releases/2015.05.19-Open-Letter

tl;dr - Fincen made us.

My feelings remain the same, I respect their right to do this, I just wish they had respected their users more by giving us enough lead time to orderly remove our coins from their exchange.

Good Luck.

[runpaint]

I have accounts at Cryptsy, Bittrex, Btc-e, C-cex, Allcoin, Alcurex, Cryptopia, Bter, and CoinQX.

None of those sites have ever required my name.  Poloniex wants my social security number to "verify" me.

Notice that they don't require anything for you to GIVE them your money.  But if you want your money back, then there may be a problem.

And I've been waiting for some coins I withdrew 2 days ago that said "ERROR" on the withdrawal.  The funds didn't transfer, but they didn't reappear in my Poloniex account either.  So I sent a support ticket, and they said they would "check on it".  I've added my name to the account, but that hasn't sped up the process of someone clicking 2 things and allowing me access to my money.

[runpaint]

It's ok guys, nothing has changed for regular people. Only the world elite will upload their docs. Look at the limits.

If you don't give them your name, you are not allowed to withdraw anything.  That's how I'm reading it.

 If you give your name and country of residence, you can withdraw up to $2000 worth of coins.  They only want your social security number for larger daily withdrawals.  For now.

And they changed the official notice from "up to $2000" to "$2000 equivalent value".  Which is interesting, since I don't have any U.S. dollars in my account.  I only have cryptocurrencies, but I can withdraw billions of them as long as they don't think they're worth much. 

[runpaint]

I have accounts at Cryptsy, Bittrex, Btc-e, C-cex, Allcoin, Alcurex, Cryptopia, Bter, and CoinQX.

None of those sites have ever required my name.  Poloniex wants my social security number to "verify" me.

Notice that they don't require anything for you to GIVE them your money.  But if you want your money back, then there may be a problem.

And I've been waiting for some coins I withdrew 2 days ago that said "ERROR" on the withdrawal.  The funds didn't transfer, but they didn't reappear in my Poloniex account either.  So I sent a support ticket, and they said they would "check on it".  I've added my name to the account, but that hasn't sped up the process of someone clicking 2 things and allowing me access to my money.

Update:  They've added my coins back to my balance since my last post!  Thank you, Customer Service Representative. 

Even though I had an extended and bitter argument with this same Customer Service Representative a few months ago, and he's still in control of my money when I try to withdraw it and can't, I'm glad he's on the job and now has access to my full name and country of residence.  I'll probably give him my SSN too.

[azguard]

I have accounts at Cryptsy, Bittrex, Btc-e, C-cex, Allcoin, Alcurex, Cryptopia, Bter, and CoinQX.

None of those sites have ever required my name.  Poloniex wants my social security number to "verify" me.

Notice that they don't require anything for you to GIVE them your money.  But if you want your money back, then there may be a problem.

And I've been waiting for some coins I withdrew 2 days ago that said "ERROR" on the withdrawal.  The funds didn't transfer, but they didn't reappear in my Poloniex account either.  So I sent a support ticket, and they said they would "check on it".  I've added my name to the account, but that hasn't sped up the process of someone clicking 2 things and allowing me access to my money.

i think this is more like to end up like mintpal i think.
so withdraw all you fund from that sh... market
They want your personal information who ask that think in crypto world?
No one.

This is fishy to me so watch out all.

[mmsen]

Bittrex ftw.