Poloniex no longer asks for verification of new users

[tabas]

Can you send a copy of their email? they are sinking and probably noticed the drop of their users and found out that it's probably one of the reason.
Good job on their part as most of the users doesn't really want to rely on KYC and don't want to comply on it, they can limit each accounts as an option for both users and their end.

[1715464277]

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[danherbias07]

you do not need to do verification to trade on poloniex but when you try to withdraw it, you will be asked to.
it is too good to be true, when everybody is forced to do it. poloniex on the other hand gives us this option. I will not fall for this exchange again.
they have done enough.

Really? Ever since I used Binance and OKex, I had not crossed path with Polo again.
If that is right then this is nonsense.

No verification in the entry but yet you cannot get out?
Is it like a prison?
Unlike Binance, they have a small limit where you could deposit and withdraw. Maybe I will just stick with them by now. No need to go back to the past.

[BitDane]

I think it is logical to say that kyc is not needed anymore since the exchange headquarters is moved to a place where crypto is not regulated.  And aside from that since it had changed hand, it is also possible that this is just a marketing scheme for new users to come in.  It may or may not be a trap, who knows.  Also I do not think Justin Sun will ruin his reputation since he has lots to lose if he do bad things.

[Tipstar]

you do not need to do verification to trade on poloniex but when you try to withdraw it, you will be asked to.
it is too good to be true, when everybody is forced to do it. poloniex on the other hand gives us this option. I will not fall for this exchange again.
they have done enough.

Really? Ever since I used Binance and OKex, I had not crossed path with Polo again.
If that is right then this is nonsense.

No verification in the entry but yet you cannot get out?
Is it like a prison?
Unlike Binance, they have a small limit where you could deposit and withdraw. Maybe I will just stick with them by now. No need to go back to the past.

I had a similar experience with Gate.io. I made an account and deposited a coin, traded and when I tried to withdraw, they asked for a KYC. It's not that I'm afraid of KYC, I have my frequently used exchanges verified but letting users deposit and trade without any verification and asking for KYC in withdrawal is not ethical even for a crypto business.

[sorrros]

The Poloniex exchange again invites new users for the trading by using only the registration via email address. that is means that in order to trade on the exchange you will no longer need to go through complex verification.

I learned this from the letter they sent me in the mail. I think that we should not trust this exchange and protect new users from the possible loss of their money on this exchange.

 What do you think about such invitations?  should we avoid such tricks from exchanges?

Wow, I thought that exchanges are going to collect IDs of all users due to regulations done by FATF organisation. But, I am okay with regulations at least it forces the exchanges to develop decentralized solutions.

[luckyflop]

Currently Poloniex is not like the old days, and has changed owners. So you need to be careful when trading here because it's not too safe. I personally have also abandoned this exchange for a long time because their exchange is outdated. Currently there are a lot better exchanges than Poloniex, and I don't need KYC anything to be able to deposit and withdraw money, anyway I will never use this exchange in the future.

[TastyChillySauce00]

the poloniex market is a successful market in 2017 but after there is a binance exchange, the poloniex market is quiet and this program is to make the poloniex market many traders return

That time when they decide to require KYC for all the users and those who want to register is the downfall of their exchange. No one is going to submit their ID for KYC just because they want to exchange some pennies they gathered out of altcoins and now they are seeking for new users. I guess in my opinion it's just too late for them considering many exchanges have taken majority of their former users.

[Rcoinmoon]

As far as I know Poloniex exchange has been in existence and operating for the past few years, have traded there severally when I came into this space newly, but I can't really say much about your claim until I make further investigation, but for now they might be doing that to get more users to their exchange, we all know how stressful their kyc process was.

[kindbtc]

Poloniex has been moving around and sold multiple times already and with the change of ownership everytime there is also change of policies which is evident with what is happening with poloniex, i do not think we should suspect new poloniex management without any evidence, i think it is just a promotional campaign because they need more members and liquidity on their exchange, im sure they will clarify about it soon.

[biddicoin]

Poloniex is a legend exchange in crypto. I remember the time when poloniex became the best exchange
but the time has changed. if not mistaken, many people leaved that exchange bcz of hack incident

at this time, there are many better exchanges than poloniex
I would say that poloniex will be hard to get back glory in the past

about verivication, poloniex still needs it for all user
this is what I see inside exchange, we should do verivication.

[gensol]

Poloneix has lost its initial valor with the advent of newer exchanges like Kucoin, Binance and Co. Probably by now they're looking for users that's all or it's likely a glitch they had on their exchange registration portal. I don't use Poloneix though.

[dataispower]

I remember when Poloniex was my favorite exchange but now anymore. However, I will like to point out that it's still a legit exchange, I don't know about the removal of verification for new users. I think verification will be needed for withdrawal of big amounts, so it might be a means to bring in new traders. I've been seeing their ads on Twitter so I think Justin Sun is doing great with promotions.

[tippytoes]

Poloniex is a legend exchange in crypto. I remember the time when poloniex became the best exchange
but the time has changed. if not mistaken, many people leaved that exchange bcz of hack incident

at this time, there are many better exchanges than poloniex
I would say that poloniex will be hard to get back glory in the past

about verivication, poloniex still needs it for all user
this is what I see inside exchange, we should do verivication.

Maybe they don't require KYC for small amount of withdrawals like below 2BTC. I haven't used Polo since they changed the management. I feel that my funds are not secured anymore, that anytime something will happen to that exchange.

If the OP can share the email he received along with the sender's email so we can confirm the authenticity of that mail. If it is true, then, I guess Polo is changing their terms to attract more customers. But you can't avoid the doubt of using them again. Just don't store your coins on them for long time.

[adzino]

The Poloniex exchange again invites new users for the trading by using only the registration via email address. that is means that in order to trade on the exchange you will no longer need to go through complex verification.

I learned this from the letter they sent me in the mail. I think that we should not trust this exchange and protect new users from the possible loss of their money on this exchange.

 What do you think about such invitations?  should we avoid such tricks from exchanges?

Haven't used Poloneix for ages. You just read the email. I would suggest you go to their site and recheck their policy. You said can trade without going through KYC process, but you probably won't be able to withdraw without verifying yourself. That would be a really sneaky and unethical move. Or they might have restrictions on the amount of coins you will be able to withdraw without any kind of verification.

[BITpashaCOIN]

This is one of the first exchanges on which I registered a couple of years ago. Even then, identity verification did not cause problems. If they made such a decision, then most likely due to a decrease (significant) in the number of traders...

[Rodeo02]

This is one of the first exchanges on which I registered a couple of years ago. Even then, identity verification did not cause problems. If they made such a decision, then most likely due to a decrease (significant) in the number of traders...

yes it is the same as old one , but as i remember they change ownership thats why many traders switch to use other exchange . Its so frusrating that one of largest exchange before is not know right now mostly newbie.

[owengtam09]

The Poloniex exchange again invites new users for the trading by using only the registration via email address. that is means that in order to trade on the exchange you will no longer need to go through complex verification.

I learned this from the letter they sent me in the mail. I think that we should not trust this exchange and protect new users from the possible loss of their money on this exchange.

 What do you think about such invitations?  should we avoid such tricks from exchanges?

Poloniex is good so I don't think there should be a problem if they change their registration since they are already trusted. I don't they will lose their money if they use poloniex because for sure after registering using the email they will look for more information about the user, but maybe that is after you register your account.

[alan2here]

This is one of the first exchanges on which I registered a couple of years ago. Even then, identity verification did not cause problems. If they made such a decision, then most likely due to a decrease (significant) in the number of traders...

I agree with you. Currently the number of investors in this exchange is very few and no one is interested in trading here, so Poloniex needs to have a new strategy to attract people and not requiring customers to verify is something that is very many people want. Hopefully, with this decision, Poloniex will be able to find more new investors in the near future.

Beside, Poloniex need to list some new coins because this exchange is very few coins and it will be very difficult to compete with exchanges like Binance, Okex.

[Aabcde]

Poloniex was once very successful. Almost all coins want to enter there and Bittrex. But times change and the world rotates. Poloniex makes steps that make the user uncomfortable and leaves it. And now he still wants to be as busy as before, it seems very difficult. Since most of the traders have moved to Binance. Gradually poloniex will also die, I think.

[biddicoin]

Poloniex is a legend exchange in crypto. I remember the time when poloniex became the best exchange
but the time has changed. if not mistaken, many people leaved that exchange bcz of hack incident

at this time, there are many better exchanges than poloniex
I would say that poloniex will be hard to get back glory in the past

about verivication, poloniex still needs it for all user
this is what I see inside exchange, we should do verivication.

Maybe they don't require KYC for small amount of withdrawals like below 2BTC. I haven't used Polo since they changed the management. I feel that my funds are not secured anymore, that anytime something will happen to that exchange.

If the OP can share the email he received along with the sender's email so we can confirm the authenticity of that mail. If it is true, then, I guess Polo is changing their terms to attract more customers. But you can't avoid the doubt of using them again. Just don't store your coins on them for long time.

In that picture, it is clear that we must verivy KYC. no small withdraw amount like Binance
if we wanna withdraw, trade, card purchases, we need to verivy KYC

btw, Poloniex made PoloniDEX for Decentralized Exchange. I even just knewn after seeing their website
many tokens listed in that site. the UI looks like better than others IMO