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Author Topic: Is Poloniex Dead  (Read 948 times)
okaypool
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July 18, 2018, 10:24:03 PM
 #101

Many projects and exchanges are now beginning to work on the laws of their country. Poloniex also becomes a regulated USA exchange
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July 18, 2018, 10:30:20 PM
 #102

I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.

Talk about a fall from grace. From riches to rags as an exchange I guess
nowadays, old exchanger not really popular again because there are new exchangers that come and they listed new tokens that are still trend now. new traders look for profit that come faster in token trading than old coin trading for now.

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Muhammedayo
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July 19, 2018, 06:53:15 AM
 #103

Poloniex is not dead. The new management of Goldman Sachs will soon turn a better leave for the exchange.
There have been improvement on their Customer care services, all we need is more volume before they came back.
I still trade on Polo.
adaseb
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July 19, 2018, 07:37:18 AM
 #104

Basically people stopped using Poloniex shortly after Bittrex did unannounced KYC for every account, new and legacy.

People basically had their accounts locked and even if they submitted their info they couldn't withdraw anything. If you search this forum you will find many scam accusations against Bittrex.

Since Poloniex is also located in USA, people learnt their lessons and basically withdrew their coins before it could happen. Then they were bought out by Circle and have volumes going down-hill since then.

I think they are focusing more on getting accounts approved than improving the trading experience and added more pairs.

Either way the exchange still might survive but they really need to work on many aspects like the old UI and add more pairs and features. Maybe an fiat deposit and withdraw option.
Golftech
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July 19, 2018, 07:51:51 AM
 #105

Basically people stopped using Poloniex shortly after Bittrex did unannounced KYC for every account, new and legacy.

People basically had their accounts locked and even if they submitted their info they couldn't withdraw anything. If you search this forum you will find many scam accusations against Bittrex.

Since Poloniex is also located in USA, people learnt their lessons and basically withdrew their coins before it could happen. Then they were bought out by Circle and have volumes going down-hill since then.

I think they are focusing more on getting accounts approved than improving the trading experience and added more pairs.

Either way the exchange still might survive but they really need to work on many aspects like the old UI and add more pairs and features. Maybe an fiat deposit and withdraw option.
Which is the first thing comes on my mind when I read your replied here, since both exchange are known to be located inside US jurisdictions people are becoming curious not to be affected just in case polo also will freeze their accounts due to KYC requirements, though we are seeing things that is already
happening but still polo is one of the pioneers inside alts tradings and if they add popular coins inside their exchange newbies will be able to see the and
will be attract things like how binance and kucoin did.
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July 19, 2018, 08:55:38 AM
 #106

A lot of digital currency enthusiasts are not very diverted with Poloniex at this moment. ... Amid the frenzy, the Ripple cost slammed hard and Ethereum lost US$1bn in market top. ... The Poloniex API, utilized as a part of apparatuses, for example, TabTrader, wound up noticeably inert ...
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July 19, 2018, 09:49:05 AM
 #107

can any one can explain this idea for me, I'm afraid about it because I still use Polo
aqrulesms
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July 19, 2018, 10:27:05 AM
 #108

There are so many fresh cryptocurrency exchanges on the horizon right now that to be on top takes very very bigger effort than it has before. I think that Polo is just lived too long.

                   
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RachelGadsden
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July 19, 2018, 10:48:34 AM
 #109

No, I hope it disappear  Sad Sad Sad
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July 19, 2018, 11:00:36 AM
 #110

I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.

Talk about a fall from grace. From riches to rags as an exchange I guess

Which is the main thing goes ahead my mind when I read your answered here, since both trade are known to be situated inside US wards individuals are getting to be interested not to be influenced just in the event that polo likewise will solidify their records because of KYC prerequisites, however we are seeing things that is as of now
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July 19, 2018, 11:56:56 AM
 #111

it looks like its dead. A lot of community members known a problem with Poloniex, and the latest company acquisition overall there are no significant improvements. So, its safe to say its pretty much dead to me.

I agree with @pooya87, the new company will replace the old one.
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July 19, 2018, 12:04:19 PM
 #112

Talk about a fall from grace. From riches to rags as an exchange I guess
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July 19, 2018, 12:19:45 PM
 #113

polo is died ,bittrex is next.
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July 19, 2018, 02:30:50 PM
 #114

I also use poloniex but nowadays I like to use binance instead of Poloniex. Then they were bought out by Circle and have volumes going down-hill since then.
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July 19, 2018, 02:48:21 PM
 #115

Actually polo has a lot of memories for me. It used to be a very large trading floor with good trading volume, but due to slow change leads to failure
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July 19, 2018, 03:24:10 PM
 #116

I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.

Talk about a fall from grace. From riches to rags as an exchange I guess
Poloniex is super scam exchange in my opinion. They stole my golem tokens last year August and now about one year they didn't give me back my tokens.  My withdraw is still in process from 11 months. I submitted ticket many times but they didn't response. They had good volume but due to poor customer support their volume is dead now.
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July 19, 2018, 09:03:27 PM
 #117

I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.

Talk about a fall from grace. From riches to rags as an exchange I guess
In my opinion great new prospective coins should be listed on poloniex in order to make it great again without any hyping projects interested in that particular Exchange they would not have a previous success of their.
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July 19, 2018, 09:45:04 PM
 #118

I still use polo for trading and hope it will never die =)
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July 19, 2018, 10:27:37 PM
 #119

I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.

Talk about a fall from grace. From riches to rags as an exchange I guess
Poloniex is super scam exchange in my opinion. They stole my golem tokens last year August and now about one year they didn't give me back my tokens.  My withdraw is still in process from 11 months. I submitted ticket many times but they didn't response. They had good volume but due to poor customer support their volume is dead now.
Poloniex is a long-time exchange and has received a lot of support from investors but recently there was a lot of bad news about Poloniex due to the unprofessional manner. I think that if you continue to work like today, Poloniex can lose everything.

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July 19, 2018, 10:57:27 PM
 #120

Poloniex is still one of the best crypto-exchange exchanges and it's probably not worth worrying. Yes, this exchange is developing slightly more slowly than the rest, but this does not put it to attract new traders.
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