Poloniex will become great again!

[disconnectme]

To me there re two things that makes Poloniex to lose its number one spot. First is the closure of the Troll-box, troll-box then was a very good tool for me, I know which coin is pumping and which one to pump next and again find latest information on it, the second is the enforcement of the KYC on every customers, why do I need to do this if Binance have 2BTC minimum daily withdrawal for non KYC customers

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[Endikadija]

Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  .

Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

I agree that polonius was a chance to be the best of the exchange before this time , but they just scored on updates to its exchange and didn't really develop . now if only trading on marginale not more

Something that lost its credibility will be difficult to build it again. When people get lost their money and they will never try to come back again to use its service and look at how many people have been losing their money caused by poloniex. That's a crap one.

[Bitfling]

To me there re two things that makes Poloniex to lose its number one spot. First is the closure of the Troll-box, troll-box then was a very good tool for me, I know which coin is pumping and which one to pump next and again find latest information on it, the second is the enforcement of the KYC on every customers, why do I need to do this if Binance have 2BTC minimum daily withdrawal for non KYC customers

Enforcements of KYC might come from US government's requirements, not from Poloniex itself. Binance is Chinese exchange, so it maybe different than Poloniex . Trollbox, I missed it so much but I think Poloniex has convincing reasons to close their trollbox, in which lots of FUDs spread and it looks very chaotic place. Sometimes I felt trollbox was funny, sometimes I felt it was very very annoying. I don't think these two reasons led to the position lost of Poloniex. There are other reasons in the past: Customer supports, low speed of KYC verification procedure, and so on.

Indeed, KYC already applied in many exchanger and its already common in crypto space. I think Poloniex could be the biggest again if poloniex could developing their exchanger like binance did. Many new exchanger in market right now and they providing new features with good security for their customers

[JeBro]

In order for Poloniex to be able to become number 1 in the crypto exchanges again, they will have to work very hard. Competitors are not asleep, only Binance has voiced ambitious plans to enter global financial markets, the possibility of direct trading with fiat currencies, which so far no crypto exchange can offer. Also, a minus for Poloniex may be its US jurisdiction, where there is still no legal basis for crypto investing and the authorities are suspicious of ICOs and cryptocurrencies.

[Zythiphill]

Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  .

Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

To poloniex to become a popular exchange again, you need to go through a lot , I think you need to update the graphics because they are very difficult for me to load , even though the Internet I have and fast , as I would add new coins , and the old coins lose liquidity on this exchange

[thd26bct]

News:

Twitter: https://twitter.com/Poloniex
Weekly Crypto Recap – Ready Player Satoshi: https://research.circle.com/weekly-recaps/weekly-crypto-recap-ready-player-satoshi
Crypto Playlist (On Repeat): https://twitter.com/Poloniex/status/1124019653834047490
Vote results on mobile mode (Light mode/ Dark Mode): https://twitter.com/Poloniex/status/1124397101868363776
Currently, 75% of voters chose Dark Mode as their favorite mode of Poloniex on their mobile devices. How about you?
   

[Paul Pogba]

News:

Twitter: https://twitter.com/Poloniex
Weekly Crypto Recap – Ready Player Satoshi: https://research.circle.com/weekly-recaps/weekly-crypto-recap-ready-player-satoshi
Crypto Playlist (On Repeat): https://twitter.com/Poloniex/status/1124019653834047490
Vote results on mobile mode (Light mode/ Dark Mode): https://twitter.com/Poloniex/status/1124397101868363776
Currently, 75% of voters chose Dark Mode as their favorite mode of Poloniex on their mobile devices. How about you?
   

I vote dark mode, because dark mode in my opinion is better and does not make eyes tired than light mode, the first time my crypto exchange was Poloniex and wished them great again.

[Malsetid]

I learned trading through polo and cryptopia back in the days and i can agree that polo was right there among the top exchanges at that time. I think i still keep a few coins though it's been quite a while when i last logged in. It would be nice to have them regain at least a fraction of their former supporters in an age where binance pretty much tops all other exchanges. I'd be happy to try them out once more.

[jakelyson]

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Something that lost its credibility will be difficult to build it again. When people get lost their money and they will never try to come back again to use its service and look at how many people have been losing their money caused by poloniex. That's a crap one.

I agree with this. I was once a long time user of Poloniex but rumors about password leak made me stay away from it. Poloniex time in the top is already gone, history. Binance is doing a good job and I doubt Poloniex can keep up to them.

[10BTCaDay]

I learned trading through polo and cryptopia back in the days and i can agree that polo was right there among the top exchanges at that time. I think i still keep a few coins though it's been quite a while when i last logged in. It would be nice to have them regain at least a fraction of their former supporters in an age where binance pretty much tops all other exchanges. I'd be happy to try them out once more.

You are an old cryptopia user. How do you think this exchange will still work in the future after it was hacked and all the money was stolen?

[CryptoGosu]

Poloniex lost too much of its leadership. I think that this exchange will be very difficult to become a leader again. Many users left this exchange do not plan to return.

[edmundo]

It baffles me to see the level poloniex has fallen to. This use to be my first and best exchange. It seems to have fallen over the years with a lot of competitors rolling into the industry on a daily basis and it is difficult to keep up with the times. Hopefully, poloniex can find a spot and actually doing a rebound.

[GregH37]

News:

Twitter: https://twitter.com/Poloniex
Weekly Crypto Recap – Ready Player Satoshi: https://research.circle.com/weekly-recaps/weekly-crypto-recap-ready-player-satoshi
Crypto Playlist (On Repeat): https://twitter.com/Poloniex/status/1124019653834047490
Vote results on mobile mode (Light mode/ Dark Mode): https://twitter.com/Poloniex/status/1124397101868363776
Currently, 75% of voters chose Dark Mode as their favorite mode of Poloniex on their mobile devices. How about you?
   

I vote dark mode, because dark mode in my opinion is better and does not make eyes tired than light mode, the first time my crypto exchange was Poloniex and wished them great again.

Both are very good and also have their functions, usually, we have many people that would prefer dark mode because of their eye sight and too much reflection on the light mode, but they can just have the 2 as option, being seen on some of the application that I do use.

Some application will give the user to toggle between the 2, like me, I prefer the dark mode for the day while I prefer the light mode for the night, while some will do vice versa, but I like that poloniex is really doing all it takes to stay top again, their service has been a very good one and they really deserve to stay top of exchanges.

[drumamat]

Poloniex is my first exchange.Well that they have updates,but I think that their time has passed.In my opinion Bitmax is the leader of margin trading.Although as they say never say never.Perhaps the management of the exchange will be able to somehow attract the target audience.

[thd26bct]

I like that poloniex is really doing all it takes to stay top again, their service has been a very good one and they really deserve to stay top of exchanges.

They have learned lessons from their story in the past, when Poloniex lost its first position in crypto exchanges very fast, just within a few months due to emergence of Bittrex and Binance. Losing their position for Bittrex is normal, that easy to understand, but the period in which they lost their position for Binance (and Bittrex lost their position for Binance, too) is a very unforgettable lesson. However, Poloniex within last more than one year has performed smoothly, and they actually improved their KYC verification procedure as well as customer support tickets. They also dedicated their funds to improve security levels, and lots of things. In general, I have good feelings that they might come back to the top crypto exchanges.

[bolshojkush]

Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  .

Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

Once I thought this exchange is the best, but it was a long time ago. They did not want to keep up with the times and missed their chance to stay afloat. Now I will never use poloniex, there are exchanges much better.

[Casabrandy]

Poloniex is my first exchange.Well that they have updates,but I think that their time has passed.In my opinion Bitmax is the leader of margin trading.Although as they say never say never.Perhaps the management of the exchange will be able to somehow attract the target audience.

It will be hard to gain back their customer, they will need to implement new technology and technique to attract investors and traders to use it again. Even there is BNB hacked today, users might not transfer in poloniex again.

[watergold]

Poloniex will remain the best market of all times and until whenever. I'm sure of that.
long ago until now it still remained strong and became a choice for traders

[Fammosh82]

Poloniex cryptocurrency exchange is the latest to take up the challenge with a massive reduction in the trading fees. The exchange will further reduce the tier levels of the trading fees from 11 to just three.

[mrdeposit]

Those gold old days of Poloniex. I remember their daily volume for shitcoins and that turnover numbers are greater than the turnover of the today's top 200 coins. It can make a new come back but unlikely it will happen in the near future.