Poloniex
We generally understand cryptocurrency exchanges, we buy and sell, or exchange ceyptocurrencies for other currencies, like the @US dollar, Euro, or INR, buying and selling can take place with different types of order with limits based on their achievements, tactical analysis, or predictions as supposed...
Poloniex Origin
Poloniex is a cryptocurrency exchanged that was established by an individual called " Tristan D'angosta" based in San Francisco, California, Poloniex is mainly centralized in US based cryptocurrency traders generally all over the world,
This perhaps sticky astonishing as the Poloniex exchange offers a diverse range of @altcoins which can be traded on bitcoin like other cryptocurrency exchange
Poloniex uses a well proprietary web-based trading platform, this particular platform is well designed with trading outfits using users friendly the supposed platform comes with segregated technical indicators such as "Bollinger" bands and Fibonacci, level which can analyze and regulate all tradings in the markets and perhaps analyze the inter-face the trading platform,
The platform Also allows you to easily view all the 200+ cryptocurrency pairs that are available for trading.
Security insolving, and hacking concerns
Poloniex guarantees with that uses experience safety and security, we all know how security is vital in our day to day activities, while transacting as much Poloniex ensures that the numerous majority of customer deposit, are stored offline in air-gapped cold storage
This particular exchange only keeps enough people online to facilitate all active trading which greatly minimise risk and exposure to hackers and other treats.
Deposit and withdrawal options
On like the bitcoin, currently Poloniex does does not have any support for fiat currencies. We the trading experts can only make deposits using cryptocurrencies. The exchanges are as :
bitcoin
Dash
Etherium
lite coin
monero
Z cash
In general never the less, never the less it should be noted that Poloniex also supports more than 80 different types of altcoins.
fees and charges
In the time of trading fees, Poloniex uses the various industries standard outline maker/taker model which is said to support liquidity.
Liquidity significantly important for Poloniex especially when you consider the exchange is supporting more than 80 different types of altcoin. Regarding the fact that the applicable maker fees, the following table below gives you an idea of what Poloniex changes are
VOLUME MAKER’S FEES TAKER’S FEES
600 BTC 0.15% 0.25%
600 to 1200 BTC 0.14% 0.24%
1200 to 2400 BTC 0.12% 0.22%
2400 to 6000 BTC 0.10% 0.20%
6000 to 12,000 BTC 0.08% 0.16%
12,000 to 18,000 BTC 0.05% 0.14%
18,000 to 24,000 BTC 0.00% 0.12%
24,000 to 60,000 BTC 0.00% 0.10%
60,000 to 120,000 BTC 0.00% 0.08%
120,000 BTC 0.00% 0.05%
source
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