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Author Topic: Poloniex still safe to trade?  (Read 539 times)
raven7886
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February 13, 2019, 08:11:19 PM
 #81

Anybody here still trading on poloniex? I have some old token that is gaining price right now and I would like to sell them in early because I'm sure sooner the price will drop.

Does anybody still use Poloniex?
Poloniex was acquired by circles in recent times and hence you may trust them like before but all you need right now is, clearing KYC. After poloniex is under new managements, we are having many strict rules like this but it is all good for safer trading environment hence we may not need to hesitate to provide them our documents. I guess you are fully aware of what happened with bittrex in last 2 years and now it is time for poloniex for same set of events.
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February 13, 2019, 08:23:18 PM
 #82

I used to trade on Poloniex before and never faced any problem. I didn't have to submit any form of verification documents back then. Not sure if its still the same. I started using Binance. It felt kinda better than Poloniex and you can trade up to a certain limit without verification (the limit is large enough for making casual trades). Though, never store huge amount of coins in an exchange. They might get hacked anytime and you might loose everything.

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