Bitcoin Forum
December 11, 2017, 09:51:00 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Do you trust Poloniex with your personal information?
Yes - 3 (50%)
No - 3 (50%)
Total Voters: 6

Pages: [1]
  Print  
Author Topic: Is Poloniex trustworthy?  (Read 2122 times)
TheGodson
Full Member
***
Offline Offline

Activity: 168


--->*>*>*> www.earnthosebitcoin.com <*<*<*<--


View Profile
August 31, 2017, 06:24:18 AM
 #1

So I signed up for a Poloniex account, but they want my SSN, picture of ID, and other stuff. If there was ever a security breach someone could steal my identity. So a part of me is thinking "meh, why bother." Another part of me wants to sell some of my BCH and possibly purchase Ripple. It could also come in handy in the future.

Is Poloniex trustworthy?

Looking for more ways to earn more Bitcoin? Go to www.earnthosebitcoin.com to find out how.
___Man of mystery--Satoshi Nakamoto--Creator of coin______Making history--An innovative money--The future is here______My link shows it clear--A better way to earn those--Now earn those Bitcoin___
1513029060
Hero Member
*
Offline Offline

Posts: 1513029060

View Profile Personal Message (Offline)

Ignore
1513029060
Reply with quote  #2

1513029060
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513029060
Hero Member
*
Offline Offline

Posts: 1513029060

View Profile Personal Message (Offline)

Ignore
1513029060
Reply with quote  #2

1513029060
Report to moderator
1513029060
Hero Member
*
Offline Offline

Posts: 1513029060

View Profile Personal Message (Offline)

Ignore
1513029060
Reply with quote  #2

1513029060
Report to moderator
Bittoshi
Full Member
***
Offline Offline

Activity: 154


View Profile
August 31, 2017, 06:37:21 AM
 #2

I just signed up with my e-mail and country settings (tier 1 verification). That's enough to send some Satoshis to your account and start trading or lending at Poloniex. And according to their site, Level 1 Verification allows daily withdrawal of max.$2,000 USD, which should be enough for most of us. Also Margin Trading is enabled. Of course, if you need higher withdrawals daily you have to send in your passport ID and address.

But I really don't know how trustworthy they are. At least they seem to be located in the U.S. and they are in business since 2014 so I really hope they will not do the same as the Mt. Gox guys did and disappear with all the customer's money one day. Better keep your coins in your own wallet and have only trading money on Poloniex or any other trading platform.
TheQuin
Sr. Member
****
Offline Offline

Activity: 392


Nunquam Dormio


View Profile
August 31, 2017, 06:43:55 AM
 #3

I don't have any reason to believe that they are not trustworthy to hold personal information. There is of course always a small risk they could get hacked and that information could be stolen. I am experiencing a long delay in getting my account verified after submitting the information so I'd recommend finding another exchange to sell your BCH, most don't require verification to do that.

richardivan
Sr. Member
****
Offline Offline

Activity: 292



View Profile
August 31, 2017, 06:49:02 AM
 #4

So I signed up for a Poloniex account, but they want my SSN, picture of ID, and other stuff. If there was ever a security breach someone could steal my identity. So a part of me is thinking "meh, why bother." Another part of me wants to sell some of my BCH and possibly purchase Ripple. It could also come in handy in the future.

Is Poloniex trustworthy?
When i signed up in poloniex they didn't ask me to send my SSN, picture id, etc. But if you want increase your withdraw limit you need verification your id there, if you're not trading with high capital you didn't need to verify your id. Until now I didn't face serious problem with poloniex and now their Contact support highly improved , so why not

..C..
.....................
........What is C?.........
..............
...........ICO            Dec 1st – Dec 30th............
       ............Open            Dec 1st- Dec 30th............
...................ANN thread      Bounty....................

MAbtc
Hero Member
*****
Offline Offline

Activity: 574


View Profile
August 31, 2017, 06:53:29 AM
 #5

So I signed up for a Poloniex account, but they want my SSN, picture of ID, and other stuff. If there was ever a security breach someone could steal my identity. So a part of me is thinking "meh, why bother." Another part of me wants to sell some of my BCH and possibly purchase Ripple. It could also come in handy in the future.

Is Poloniex trustworthy?

Absolutely not. And the reason you mention (ID theft) is the primary one. Poloniex is merely registered with FINCEN; they hold no licenses and we have no idea what their compliance standards (e.g. for digital storage of personal data) are. I don't even like the idea of giving them my real name.

Also, keep in mind that they have had a horrendous support backlog and complaints of stuck withdrawals going back months. I got out in May when these complaints started coming in en masse, so I can't speak from experience here.

Bitstamp is much more reputable, and you can purchase XRP there, but I haven't used them in years. It used to be that a simple ID scan and utility bill was sufficient. I wouldn't be comfortable giving them my SSN, either.

I have my documents on file with one place -- GDAX. When it comes to altcoins/tokens, I try to stick to non-KYC exchanges. Poloniex is bush-league, so their limits and verification tiers are unacceptable to me.
crazyivan
Legendary
*
Offline Offline

Activity: 1484


DMD Diamond Making Money 4+ years! Join us!


View Profile
August 31, 2017, 06:58:21 AM
 #6

Tier I verification should be fine for you ATM, at least until you get a grip on crypto. Max I would go with verification is my ID copy cause with that they cannot do much. SSN or something like that, NO WAY, ever.

albert11
Hero Member
*****
Offline Offline

Activity: 573


DITCOIN!


View Profile
August 31, 2017, 07:03:57 AM
 #7

We can not say that even if they are a solid exchanger there is corruption that's going on there. Just like what happened to my friend he had a huge amount of money deposited on the polo. And it sell .buy shitcoins as he does not know. Of course anyone else will do non if not Polo because they are holding our accounts. We can not even say those hackers because they are. Why not take them.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
Scorpion
Sr. Member
****
Offline Offline

Activity: 448


Member since March 20, 2011


View Profile
August 31, 2017, 07:10:51 AM
 #8


If you need an exchange to buy alts or do some trading go ahead and use Poloniex. But the onus is on you to store your own wealth securely on any amount you wish to keep from being lost - this goes for any exchange or wallet. When I was with Poloniex I had very little issues, unfortunately they could not service residents in my region anymore and when I found about it my account had already been closed. What happened next was I submitted a ticket and they helped release all of my funds.

HashHive Limited – Innovative Technologies Of Cloud Mining • Telegram •  FacebookTwitter
gwty92
Newbie
*
Offline Offline

Activity: 22


View Profile
August 31, 2017, 09:01:21 AM
 #9

Well I have over $100k stuck in there, all of my withdraws are "Awaiting Approval" and I've been waiting over a month for a response from support.. So make your own mind up!
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 602


★777Coin.com★ Fun BTC Casino!


View Profile
August 31, 2017, 12:21:27 PM
 #10

i trusted poloniex, i have in level 3 with them and its not take too long to be approved. i think its good if we can increase our level into level 3 because the limit for deposit and withdraw can increase too and i think i don't have problem with them. if i want to withdraw, i don't take too long to gets confirmed. but yes, i admitted that their support system need to be fix so their member can get fast response from them.

TrumpD
Sr. Member
****
Offline Offline

Activity: 322


View Profile
September 01, 2017, 11:12:42 AM
 #11

At the moment no, I'd suggest you steer clear from them. Using them is a risk, because if have issues, there is no support. And some are claiming they are selectively scamming their customers.
salihno71
Sr. Member
****
Offline Offline

Activity: 378


View Profile
September 01, 2017, 11:39:01 AM
 #12

My experience with Poloniex this far was ok. I had smaller amount of BTC deposited there, and withdrawal was quick. I have level 2 verification. However there were numerous complaints from the people who could not withdraw their funds for days. Level 1 does not need a verification and should be enough for start.

   
▄████▄      
██████      
▀████▀      
▀██████      ▄▄▄▄▄▄▄▄▄▄▄▄   
▄▄█████  ▄██████████████████▄
▄██████▀██  ████████████████████
▄█████▀    ▀  ████████████████████
▄█████▀         ███ ████████████ ███
██████▀          ███ ████████████ ███
███████           ███ ████████████ ███

▄████▄                  ███████   
██████                 ▄██████    
▀████▀                ▄█████▀     
▄▄▄▄▄▄▄▄▄▄▄▄      ▄    ▄█████▀       
▄██████████████████▄  ██▄ █████▀         
████████████████████  ██████▀▀           
████████████████████  ██████▄            
███ ████████████ ███                     
███ ████████████ ███                     
███ ████████████ ███                      
  [    |    ████████████████████████
████████████████████████
███            ▀████████
███  ███████  ▄  ▀██████
███           ██▄  ▀████
███  ███████  ████▄  ███
███                  ███
███  ██████████████  ███
███                  ███
███  ██████████████  ███
███                  ███
████████████████████████
████████████████████████
  ] 
FACEBOOK  )   (  TWITTER  )
  SUBSCRIBE NOW!!! 
INSTAGRAM  )  (  LINKEDIN  )
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!