Poloniex

Poloniex is a cryptocurrency exchange platform that allows users to trade hundreds of cryptocurrencies. It was founded in 2014 and is based in the Seychelles. Poloniex offers advanced trading features like margin trading and lending.

Poloniex alternatives ➤

What is Poloniex?

Poloniex is a cryptocurrency exchange platform that has been operating since 2014. It was founded by Tristan D'Agosta and is based in the Seychelles.

On Poloniex, users can trade hundreds of different cryptocurrency pairs, including major coins like Bitcoin, Ethereum, and XRP as well as many alternative cryptos. It is one of the world's leading exchanges when it comes to daily trading volumes.

A key feature of Poloniex is that it offers margin trading and lending. This means users can borrow funds to increase their buying power or lend their holdings to earn interest. These advanced features make it appealing for experienced traders.

In terms of reputation, Poloniex suffered a major security breach in 2014 when around 97 BTC were stolen. However, it has since taken steps to improve security and rebuild trust. It now stores most funds in cold storage and enforces two-factor authentication for all users.

Overall, Poloniex stands out as a crypto exchange due to its wide array of tradable coins and margin trading abilities. With decent liquidity and an easy-to-use interface, it remains a popular platform for active cryptocurrency traders.

Official Links

Official Website
poloniex.com

The Best Poloniex Alternatives

Top Apps like Poloniex

Binance, Coinbase, Robinhood, Bisq, Uphold, LocalMonero, AgoraDesk, Nexchange, CoinSwitch are some alternatives to Poloniex.

Sugggest an alternative ❐

Binance

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Coinbase

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Robinhood

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Bisq

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Uphold

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LocalMonero

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AgoraDesk

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Nexchange

Nexchange is a leading cryptocurrency exchange platform founded in 2017. It provides a secure and easy way for users to buy, sell, and trade major cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more.Some key features of Nexchange include:User-friendly interface - The platform is designed for simplicity, making it easy for...

CoinSwitch

CoinSwitch is a cryptocurrency exchange aggregator and converter platform founded in 2017. It aims to make cryptocurrency trading more seamless and convenient for users.Some key features of CoinSwitch include:Price comparisons - CoinSwitch compares cryptocurrency rates across major exchanges in real-time. This allows users to easily find the best price...