INTRODUCTION
Exchanges are a platform where people (in this case called traders) who own cryptomonies can store them, buy and sell them, invest them in shares, exchange them for trust money and vice versa and many other functions in a safe and fast way. It is important to remember that cryptomonies are assets that do not depend on banks and that are not backed by any government because of this they are not regulated, the same traders are the ones who are in charge of giving value to these currencies, now we will talk about one of the exchanges preferred by the majority: POLONIEX
Poloniex is one of the most polular and biggest cryptomoney exchange platforms in the world, currently has the highest amount of bitcoin transactions, this platform was founded by Tristan D' Agosta in 2014 and its headquarters are located in San Francisco USA. At first this platform was created only for the U.S. market but as its popularity grew it expanded its trade around the world, the platform offers traders a first class security and a large number of tools and techniques to trade, low transaction rates.
POLONIEX: Account Creation
The creation of an account in the POLONIEXplatform is quite simple so that inexperienced users can open their account without problems in only 5 minutes, you only need your email and a safe and easy to remember password, POLONIEX has two levels of account verification:
- First level of Verification:
With the first level of verification of your account in POLONIEX you only need to provide your email, full name and a secure password, this will allow you the possibility to withdraw 2,000$ USD daily and make margin trading.
- Second level of verification:
In order to complete the second level of verification it is necessary to enter more details of our personal information such as address, telephone number and a photo or scan of an identity document (passport, driver's license, ID card) and also a photo of the user, this verification can take a few days since all this information must be reviewed by the POLONIEX team for approval, if there is a problem with any of the documents an email will be sent explaining why the account was not approved, in case everything is correct now the user will be able to enjoy more benefits such as being able to make a daily withdrawal of up to 25,000$ USD
POLONIEX Security
To enter the account of POLONIEX the page offers the authentication of two factors as well as for the withdrawal of the money also the platform asks you for a confirmation by e-mail for the withdrawals this eliminates the possibility of a theft by a third party, also it is known that great part of the funds of the clients are stored in cold portfolios for greater security.
POLONIEX suffered an attack in March 2014, only two months after its launch, which caused the loss of 12.3% of bitcoin within the platform, which was approximately $50,000 at that time.
Advantages of POLONIEX
Wide range of cryptosystems.
Great variety of tools.
Leveraged operations.
Great Liquidity.
Low Commissions.
Hello friend, you have a great post here about poloniex, based on your writeup, poloniex remains the best crypto Exchanging platform both on security and other aspect, although it suffered attack as a result of insecurity but since then it has kept its record of getting hacked.
The simple sign-up procedures and the way it works that you explained is what made it the best to me including its low transaction rate. Poloniex remains the best to me. I will share my experience tomorrow with you thanks for this helping article.
#onepercent #nigeria
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Thank you for taking part in the Spotlight on Poloniex Contest.
Keep following @steemitblog for the latest updates.
The Steemit Team
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Greetings friend, I find it very interesting is exchangue, I can see in your writing that the platform has a good level of security, that is very important, thanks for the recommendation, I will keep it in mind, see you later.
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Nice summary, I learned it started in San Francisco, and it’s good to know it has cold storage for the majority of its funds.
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It is always important to know that the crypto-currency exchange has the combination of being easily accessible and providing security in the transactions. Greetings and thank you for publishing.
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