Poloniex the legendary crypto exchange, and it's basic security

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Hello steemians, today I will be writing about the basic security on Poloniex, you know in our day-to-day activities in life security is always key. In Poloniex we should be able to protect our own it is very important that you protect your account password and also the Email associated with your account and any device used to access it

Enable some factor Authentication

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This practically offers you a prolific protection from a possible fraudsters wanting to log into your account than just using a password by a situation where you log in a situation where your account has already been compromised Two factors can help to prevent illegal access to your account.

back up your sixteen digit key

In this situation where you have changed or lost access to the device you are using you then have two factor authentication, your 16 digit key can prevent you from loosing access to your account.
It's very important to indeed back the key. Don't share the key to third party no matter trusted you think, it is very ideal to practice a detailed audit of your account history never the less write it down on a paper, an accurate account history should be presented in supportive to the team and can expedite resolution time.

Make sure that your account notes are been saved in a safe arena, perhaps on a device you do not use to access "Poloniex" with or you write it down on a place it cannot be misplaced.

when you finish always log out

We all know how easy it can be to leave a tab or app running in the background in order to make accessing that account again very easier. Perhaps by not logging out or killing an active transactions.

your Poloniex account is at high risk for session stealing reproach, This may allow an fraudsters to compromise your account and impersonate you as a user. The best way to increase security against these kinds of attacks is to log out of your account every time you are true accessing it and killing active transactions on other devices that you are not currently using to access your account detailed information's.

Your account can be freezed by you if you feel any form of compromise

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When you are login into your account from a new IP Address, Poloniex will automatically send an email with the subject Poloniex account login from a new device to your Poloniex associated email from do-not-reply poloniex.com.

Within this email is a link to freeze your account, which you can click and confirm to stop all account transaction. Security comes first as it is the key to any crucial transaction.

If you believe your account has been tempered with, freeze your account by checking your email inbox and contact the Support Team immediately if you feel an unrest.

Poloniex Review/fees

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As you can see the table above perhaps the pricing Chart that you will most-likely pay is 0.125%, when you start a trade the price goes down, this is basically the amount, you trade in every 30days.

Poloniex offers you practically low fee during and after the trading index, not as binance that seemes to be a direct competitor, to Poloniex and perhaps charges only 0.1%. Poloniex as a crypto currency has set it's standard in tense of its trading capability it's right time we all take a prolific advantage of it.

Thank you all for reading through