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Topic: Is Poloniex Dead (Read 957 times)

member
Activity: 336
Merit: 14
July 11, 2019, 12:30:03 AM
It is not dead yet but i never used this exchange because of mandatory kyc and user interface is also not so good as other top exchanges. They really need to relaunch their exchange to compete with tier 1 exchanges and get more users. popularity is now not that high of poloneix as it was 2 years back.
legendary
Activity: 2394
Merit: 1131
July 09, 2019, 04:39:30 AM
With so many negative feedback to Poloniex I don't think they can keep up from the competition. They are now ranked #62 in adjusted volume and rank #82 in reported volume. The way they handle complaints is the reason of their downfall, they should have resolved them instead of ignoring them. Some complaints are not even acknowledged.
I do agree with some of your opinion, but since i use poloniex until now, it's still working fine for me (hope it will be always).
And other thing i like from poloniex is they are only listed some good coin / token after reviewed it with strict rules
legendary
Activity: 1834
Merit: 1036
July 08, 2019, 06:56:59 PM
With so many negative feedback to Poloniex I don't think they can keep up from the competition. They are now ranked #62 in adjusted volume and rank #82 in reported volume. The way they handle complaints is the reason of their downfall, they should have resolved them instead of ignoring them. Some complaints are not even acknowledged.
hero member
Activity: 1106
Merit: 502
July 08, 2019, 06:29:26 PM
Yes, Poloniex seems to be dangerous right now
Some traders complain about the withdrawal of assets there.
but I still believe Poloniex still works well.
there is no evidence that poloniex will die soon, this problem must be resolved to add new trust.

Still, there are many people have strong faith towards the Poloniex exchange because even i never faced any problem with the Poloniex exchange in terms of withdrawals. Yes, previously many people faced a lot of technical issues with the poloniex exchanges and this makes many people think negative about the Poloniex exchange.
As long as there is no problem you can continue your exchange / trade without worry.
I used Poloniex but now I prefer bitrex and binance. everyone has different interests.
member
Activity: 278
Merit: 10
July 08, 2019, 06:16:35 AM
Yes, Poloniex seems to be dangerous right now
Some traders complain about the withdrawal of assets there.
but I still believe Poloniex still works well.
there is no evidence that poloniex will die soon, this problem must be resolved to add new trust.

Still, there are many people have strong faith towards the Poloniex exchange because even i never faced any problem with the Poloniex exchange in terms of withdrawals. Yes, previously many people faced a lot of technical issues with the poloniex exchanges and this makes many people think negative about the Poloniex exchange.
hero member
Activity: 1106
Merit: 502
July 07, 2019, 06:49:20 PM
Yes, Poloniex seems to be dangerous right now
Some traders complain about the withdrawal of assets there.
but I still believe Poloniex still works well.
there is no evidence that poloniex will die soon, this problem must be resolved to add new trust.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
June 25, 2019, 07:49:32 AM
Yes, Poloniex seems to be dangerous right now
What do you mean by dangerous for now?

Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
Polo is much better than bittrex imo. Bittrex blackmailed users and forced for KYC if I remember correctly and Polo gave time to withdraw before the KYC program starts if I remember correctly.

Couldn't agree more. This is happened to most of Bittrex's user back then, they are "forced" to do KYC if they want to withdraw their money.
member
Activity: 686
Merit: 35
June 25, 2019, 05:43:43 AM
once there is competition in the market and people can make good choices this is the end result, once upon a time polo was one of the top, if not the top exchange in the crypto land Grin but now they are just a shadow of their self Undecided whatever goes up must come down, Binance take Note Grin
jr. member
Activity: 93
Merit: 1
June 25, 2019, 05:27:37 AM
Yes, Poloniex seems to be dangerous right now
member
Activity: 616
Merit: 30
June 25, 2019, 05:23:15 AM
Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
Once in past Poloniex was the number exchange with thousands of traders everyday but not until their service get sucks and the support because lousy.starting in the late 2017 and early 2018 when their popularity starts to fall and now they are almost like yobit in which thousands of issue that wasn’t answered
hero member
Activity: 2562
Merit: 577
June 25, 2019, 05:00:34 AM
I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.

Talk about a fall from grace. From riches to rags as an exchange I guess

I remember back in the days when polo was reigning supreme and controlling the crypto market, it was the dream of almost every project to get listed on polo back then, but just how it manage to fall from grace to grass is what i fail to understand, suddenly binance is the talk of the crypto community, in control of the market, all project look to be listed on binance someday, how things have really turned around, i remember Bittrex too was making waves, don't know how these exchange manage to go behind now, i expect them to up their game instead of falling behind.
jr. member
Activity: 112
Merit: 2
June 17, 2019, 06:58:19 PM
At least so far Poloniex has been one of the most useful exchanges for me, although I must admit that at present there are several exchanges that offer better services than Polo. I do not think Poloniex can recover its previous prestige to become a leader of the market again, but I think it still has much to give its users, especially for those who handle little investment volume.
sr. member
Activity: 1078
Merit: 256
June 17, 2019, 06:31:18 PM
Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
they are still existing and just visit mcap site and this one still there. So many problems with it just like my friend can't even take his bitcoin from there even he already done various verification to comply with SEC regulation that already used by polo.
That makes so many people don't wanna use it again. When they have told you if they need your passport and they will be asking more after that.
Not sure why your friend having such a hard time withdrawing from the exchange after dealing with the kyc procedures, Polo once was one of those exchange who Excel and get lots of traders but now after binance dominates this exchange is very quiet.
hero member
Activity: 1498
Merit: 596
June 17, 2019, 06:24:49 PM
Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
Polo is much better than bittrex imo. Bittrex blackmailed users and forced for KYC if I remember correctly and Polo gave time to withdraw before the KYC program starts if I remember correctly.


they are still existing and just visit mcap site and this one still there. So many problems with it just like my friend can't even take his bitcoin from there even he already done various verification to comply with SEC regulation that already used by polo.
That makes so many people don't wanna use it again. When they have told you if they need your passport and they will be asking more after that.
Sorry to hear about your friend issue but truly speaking I haven't heard any issue with polo before, even I have withdrawn all my assets from there after doing KYC. Everything just worked fine...

Maybe your friend has a different kind of issue?
legendary
Activity: 1890
Merit: 1148
June 17, 2019, 08:16:27 AM
they are still existing and just visit mcap site and this one still there. So many problems with it just like my friend can't even take his bitcoin from there even he already done various verification to comply with SEC regulation that already used by polo.
That makes so many people don't wanna use it again. When they have told you if they need your passport and they will be asking more after that.
Not anyone, i'm still using poloniex until now. It was only took around 2 weeks before my KYC got accepted by poloniex and until now i never had any problem on there.



Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
Fyi bittrex still under poloniex based on volume trades
legendary
Activity: 3108
Merit: 1029
June 16, 2019, 06:12:18 PM
Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
they are still existing and just visit mcap site and this one still there. So many problems with it just like my friend can't even take his bitcoin from there even he already done various verification to comply with SEC regulation that already used by polo.
That makes so many people don't wanna use it again. When they have told you if they need your passport and they will be asking more after that.
member
Activity: 224
Merit: 10
June 16, 2019, 12:58:35 PM
Damn, it's been a while I heard about that exchange,  are they still existing?  Lol,  quite funny how Poloinex exchange fell from top spot,  no one can ever predict such,  I hope bittrex won't follow such route
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
June 16, 2019, 08:02:08 AM
My last use poloniex was few months ago I think 4 months ago but now I did not use it because they have a lot of people wwho compalin to that exchanges site. Before that is one of my favorite  exchanges site because I did not experienced any trouble but because they have a lot of complain or problems I decided to withdraw all my coins there.

Pretty sure it is but in the past poloniex is also great exchange platform and people almost trade on that exchanger we need to make some more research from it.
newbie
Activity: 36
Merit: 0
May 29, 2019, 10:40:50 AM
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hero member
Activity: 2352
Merit: 953
Temporary forum vacation
May 29, 2019, 07:55:25 AM
This might an old thread but just want to make some image update.

Poloniex isnt dead.It did dropped its rank from the roof into the floor but still they do have that
volume.

Yeah, I think people who got the verified status there already do not want to go looking elsewhere. I would not either, if they took care of me all this time and I only need to trade in normal crypto, it has everything I need.

The reason I am not there, and a lot of people are not, is that they never had good support. I wonder how it is now with not so many users, if they still leave tickets open for months.
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