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Author Topic: Question About Poloniex  (Read 408 times)
Armis (OP)
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April 17, 2014, 12:25:35 AM
 #1

I know they had a btc issue, I know they found a community solution to mitigate it, I believe the problem is not finally resolved, so my question is what happens now over there?

If I want to do a trade there and I have BTC, if I transfer btc in will it automatically be assessed an entrance toll?  How are BTCs treated there now?  Is it ok in but not ok out, what's the policy?

thanks
TiberiuC
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April 17, 2014, 12:40:42 AM
 #2

Poloniex took BTC from the users who had money on at that moment. They promised to pay it back in 10 installments( payed 5 or 6 installments till now).
Trading is going normally and there were no major problems since then.
Armis (OP)
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April 17, 2014, 12:45:10 AM
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Poloniex took BTC from the users who had money on at that moment. They promised to pay it back pay in 10 installments( payed 5 or 6 installments till now).
Trading is going normally and there were no major problems since then.

Thanks for your lightning fast reply.

I get that trading might go "normally" but my question is more about deposits and withdrawals, if I deposit btc will all of it get credited, and if I want to withdraw btc will all but the withdrawal fee be allowed to leave?
brokedummy
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April 17, 2014, 12:47:17 AM
 #4

new users aren't penalized at all, just users who had btc at the time of the hack.
TiberiuC
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April 17, 2014, 12:47:43 AM
 #5

Poloniex took BTC from the users who had money on at that moment. They promised to pay it back pay in 10 installments( payed 5 or 6 installments till now).
Trading is going normally and there were no major problems since then.

Thanks for your lightning fast reply.

I get that trading might go "normally" but my question is more about deposits and withdrawals, if I deposit btc will all of it get credited, and if I want to withdraw btc will all but the withdrawal fee be allowed to leave?

Yes, all of it will get credited. Withdrawal fee for BTC is 0.0001
dogechode
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April 17, 2014, 12:58:24 AM
 #6

Seems like they came up with a better solution that CryptoRush has so far... sigh...

I don't personally like Poloniex but I do have to admit they came up with a pretty decent solution in this case.
Armis (OP)
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April 17, 2014, 02:03:19 AM
 #7

thanks TiberiuC and everyone for the assistance
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