Poloniex is a self-proclaimed legendary cryptocurrency exchange that provides top-notch services when it comes to altcoins and bitcoins. It charges a nominal fee in the crypto industry and just asks for your e-mail address during the registration process because identity verification is entirely optional. Being the most popular exchange running globally, Poloniex offers its customers some fantastic features to aid them trade gainfully. Margin trading is one of the leading features of the platform; if you have traded on various exchanges, you may have noticed that most of them don’t have this feature.
Key Features of Poloniex exchange
Poloniex is a federal crypto assets exchange for both amateur and experienced cryptocurrency traders. It provides a variety of crypto markets, crypto lending, margin trading, and advanced trade types, which makes it a suitable place for traders of all ages.Some of the critical features of this exchange comprise –
- Poloniex has minor trading fees amongst famous altcoin exchanges.
- Trade more than 60 cryptocurrencies, comprising monero (MXR), eos (EOS), Tron (TRX), ripple (XRP), litecoin (LTC), ethereum (ETH), bitcoin (BTC), and several more.
- Despite spot trading, users can also perform low-fee margin trades with equal to 2.5x leverage.
- Poloniex margin lending is another interesting feature. With it, you can quickly get passive money by lending your cryptocurrencies with interest.
- Poloni IEO and DEX launchpad: invest your money in the trending latest crypto projects, and use the decentralized counterpart of Poloniex, Poloni DEX.
Trade and register within instances
Poloniex doesn’t force you to know your customer (KYC) checks; hence you can register with your e-mail and begin to trade right away. If you don’t own any cryptocurrency, you can purchase some with conventional currency using its Simplex incorporation, although this operation will need you to confirm your identity. When this exchange was relocated to Seychelles, the crypto exchange experienced various alterations. It is now one of the most exemplary altcoin exchanges regarding the platform’s performance, fees, and usability.
