Poloniex revives unverified accounts

uuam

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Quote from: pacolito on December 28, 2019, 07:57:23 PM

Quote from: DarkStar_ on December 28, 2019, 05:25:24 PM

Quote from: pacolito on December 28, 2019, 04:08:10 PM

Quote from: DarkStar_ on December 28, 2019, 03:29:53 PM

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

Was your account verified already or did they allow you to withdrawal with an unverified account?

I have a Level 1 account. Not 100% sure what that means, but I know I never sent them my ID or any form of verification. I assumed Level 1 = Unverified, but I guess I might be wrong. This is what the FAQ says:

Quote from: https://support.poloniex.com/hc/en-us/articles/360040600934-Level-1-Account-FAQ

Q: How do I verify my Poloniex account to Level 1?

To create a Level 1 Poloniex account, please go here and provide your email address and password. Be sure to provide an email address you will not lose access to. You will then be prompted to confirm your account via an account activation email sent from [email protected].

Level 1 means you can withdrawal up to 10K per day.
I'm just curious if your account used to be frozen and then turned into level 1 or did you recently create this account?
Mine is still frozen as unverified and they haven't upgraded it to level 1.

Same for me. Did the unfreeze your acount by now?

Kyraishi

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Quote from: squatter on December 21, 2019, 03:47:27 PM

This is a reversal from the norm: An exchange that previously mandated KYC is now allowing unverified accounts again.

Unverified Poloniex accounts can now withdraw up to $10,000 per day. Only an email address is required. I guess that's the payoff for moving to the Seychelles.

Quote

Our Level 1 account tier allows customers to access unlimited trading, unlimited deposits, and $10,000 per day in withdrawals simply by entering their email address and password and verifying their email.

PSA: Poloniex's taking money from its customers to cover its loss

Very interesting.

We could see some old school players going back to Poloniex because of this move. However, the $10k limit that they impose is still much less than the 2 BTC per day that Binance allows, especially if BTC was to move upwards. So that is obviously something to look out for.

Based on their track record and people's experience with them previously I honestly think this might be too late. Their customer support has one of the worst reputations around here.

gentlemand

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Welt Am Draht

Quote from: figmentofmyass on December 31, 2019, 03:40:10 PM

amazingly, no outlets besides bitcoinist and a few no-name sites covered the breach. nothing from coindesk, cointelegraph, CCN, etc even though poloniex customer support confirmed the emails were real.

It's not a reassuring start to their reign, that's for sure.

Considering the geographical move, the relative mystery of who bought and the Tron shit they should be going all out to prove they're worthy of our business. This is the diametric opposite.

The shonkiest aspect of their handling of it is sending out an email about this and not announcing the leak beforehand. Most people rightly thought it was yet another phishing attempt.

Interested to see where their volumes are in a few months from now.

figmentofmyass

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Quote from: gentlemand on December 31, 2019, 12:35:43 PM

More sexy fun here - https://bitcoinist.com/poloniex-exchange-security-breach/

amazingly, no outlets besides bitcoinist and a few no-name sites covered the breach. nothing from coindesk, cointelegraph, CCN, etc even though poloniex customer support confirmed the emails were real.

i guess to keep a security breach out of the headlines, all you have to do is not announce anything about it? Huh

they got me excited for a minute by bringing back non-KYC accounts but screw these shady assholes. stick with binance or kucoin.

squatter

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STOP SNITCHIN'

Quote from: gentlemand on December 31, 2019, 12:35:43 PM

More sexy fun here - https://bitcoinist.com/poloniex-exchange-security-breach/

There's a lot of valuable data on there which I presume wasn't handed it over with the expectation of it winding up in the hands of fuckwits. This doesn't bode all too well for their bright shiny future.

Two months after the buyout and they are already getting hacked! Apparently, they put all their money into pumping Tron and didn't leave much for security.

The lack of official announcement and general secrecy about the compromise -- despite telling users to reset passwords -- is pretty appalling. This screams of incompetence and unscrupulousness.

gentlemand

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Welt Am Draht

More sexy fun here - https://bitcoinist.com/poloniex-exchange-security-breach/

There's a lot of valuable data on there which I presume wasn't handed it over with the expectation of it winding up in the hands of fuckwits. This doesn't bode all too well for their bright shiny future.

figmentofmyass

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Quote from: countryfree on December 30, 2019, 05:50:46 AM

It's a possibility that Poloniex is now controlled by Iran. Or Al Qaida. Who knows? In the Seychelles, everything's hidden.

they couldn't do any worse of a job running poloniex than circle did! Tongue

Quote from: countryfree on December 30, 2019, 05:50:46 AM

Justin Sun has officially said that he fully trusts the management of Poloniex, whom he's a shareholder, but never acknowledges he was the largest shareholder, with full control of the company.

we don't need him to acknowledge anything. actions speak louder than words. let's look at what poloniex has done since the acquisition:
-they immediately listed TRX. https://support.poloniex.circle.com/hc/en-us/articles/360036113171-Poloniex-lists-TRON-TRX-
-they launched a trading competition for TRX. https://support.poloniex.circle.com/hc/en-us/articles/360037614392
-they launched staking rewards for TRX. https://support.poloniex.circle.com/hc/en-us/articles/360037661752-TRX-Staking-Christmas-Campaign
-they acquired tron's largest DEX. https://cointelegraph.com/news/poloniex-acquires-tron-networks-biggest-decentralized-exchange
-they even got caught telling followers to buy TRX in a deleted tweet. https://beincrypto.com/poloniex-caught-telling-followers-to-buy-tron-in-deleted-tweet/

justin sun is putting that tron ICO money to good use.....

countryfree

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Your country may be your worst enemy

Quote from: gentlemand on December 29, 2019, 06:48:06 PM

Does anyone know whether they'll loosen up on radioactive nationalities like Iranians and Syrians? I assume almost certainly not but they could scrape up some business if they went full axis of evil.

As for myself nothing they've done has done anything other than incrementally reduce the faith I started with there in 20whatever it was. And since Justin Sun looks like a goosed phallus with a wig on, and also initially denied having anything to do with the sale, I'm gone for good.

Interesting description of Mr Sun.

Now, I'd like to point out that Poloniex is unverified.

Justin Sun has officially said that he fully trusts the management of Poloniex, whom he's a shareholder, but never acknowledges he was the largest shareholder, with full control of the company.

It's a possibility that Poloniex is now controlled by Iran. Or Al Qaida. Who knows? In the Seychelles, everything's hidden.

gentlemand

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Welt Am Draht

Does anyone know whether they'll loosen up on radioactive nationalities like Iranians and Syrians? I assume almost certainly not but they could scrape up some business if they went full axis of evil.

As for myself nothing they've done has done anything other than incrementally reduce the faith I started with there in 20whatever it was. And since Justin Sun looks like a goosed phallus with a wig on, and also initially denied having anything to do with the sale, I'm gone for good.

DarkStar_

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Quote from: pacolito on December 28, 2019, 07:57:23 PM

Quote from: DarkStar_ on December 28, 2019, 05:25:24 PM

Quote from: pacolito on December 28, 2019, 04:08:10 PM

Quote from: DarkStar_ on December 28, 2019, 03:29:53 PM

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

Was your account verified already or did they allow you to withdrawal with an unverified account?

I have a Level 1 account. Not 100% sure what that means, but I know I never sent them my ID or any form of verification. I assumed Level 1 = Unverified, but I guess I might be wrong. This is what the FAQ says:

Quote from: https://support.poloniex.com/hc/en-us/articles/360040600934-Level-1-Account-FAQ

Q: How do I verify my Poloniex account to Level 1?

To create a Level 1 Poloniex account, please go here and provide your email address and password. Be sure to provide an email address you will not lose access to. You will then be prompted to confirm your account via an account activation email sent from [email protected].

Level 1 means you can withdrawal up to 10K per day.
I'm just curious if your account used to be frozen and then turned into level 1 or did you recently create this account?
Mine is still frozen as unverified and they haven't upgraded it to level 1.

The account was registered in 2015. Used Poloniex occasionally, and I gave them my name (thanks HI-TEC99) to get the basic verification level. When they forced everyone to KYC about a year and a half ago, my account was frozen and I refused to KYC, so it stayed that way. Recently, I got an email saying that Level 1 accounts were back and that I could start trading (and withdrawing) again.

I think it's a staged rollout and I was lucky. The FAQ says this:

Quote

Q: I created an account in the past but I have not been upgraded to Level 1. Can you upgrade my account to Level 1 now?

We are taking time to upgrade existing unverified accounts to ensure the highest level of support and security possible for customers. While we cannot promise that your account will be upgraded to Level 1 at this moment, we will be gradually upgrading all unverified accounts over the next few months. We will reach out to you through your Poloniex account email address when your account has been upgraded. Thanks for your patience in the meantime.

Hopefully you get access to your funds soon.

pacolito

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Activity: 36

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Quote from: DarkStar_ on December 28, 2019, 05:25:24 PM

Quote from: pacolito on December 28, 2019, 04:08:10 PM

Quote from: DarkStar_ on December 28, 2019, 03:29:53 PM

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

Was your account verified already or did they allow you to withdrawal with an unverified account?

I have a Level 1 account. Not 100% sure what that means, but I know I never sent them my ID or any form of verification. I assumed Level 1 = Unverified, but I guess I might be wrong. This is what the FAQ says:

Quote from: https://support.poloniex.com/hc/en-us/articles/360040600934-Level-1-Account-FAQ

Q: How do I verify my Poloniex account to Level 1?

To create a Level 1 Poloniex account, please go here and provide your email address and password. Be sure to provide an email address you will not lose access to. You will then be prompted to confirm your account via an account activation email sent from [email protected].

Level 1 means you can withdrawal up to 10K per day.
I'm just curious if your account used to be frozen and then turned into level 1 or did you recently create this account?
Mine is still frozen as unverified and they haven't upgraded it to level 1.

HI-TEC99

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Activity: 2772

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Quote from: DarkStar_ on December 28, 2019, 05:25:24 PM

Quote from: pacolito on December 28, 2019, 04:08:10 PM

Quote from: DarkStar_ on December 28, 2019, 03:29:53 PM

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

Was your account verified already or did they allow you to withdrawal with an unverified account?

I have a Level 1 account. Not 100% sure what that means, but I know I never sent them my ID or any form of verification. I assumed Level 1 = Unverified, but I guess I might be wrong. This is what the FAQ says:

Quote from: https://support.poloniex.com/hc/en-us/articles/360040600934-Level-1-Account-FAQ

Q: How do I verify my Poloniex account to Level 1?

To create a Level 1 Poloniex account, please go here and provide your email address and password. Be sure to provide an email address you will not lose access to. You will then be prompted to confirm your account via an account activation email sent from [email protected].

It probably required first name, last name, country, and email if it was made at the time of this screenshot.

DarkStar_

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Quote from: pacolito on December 28, 2019, 04:08:10 PM

Quote from: DarkStar_ on December 28, 2019, 03:29:53 PM

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

Was your account verified already or did they allow you to withdrawal with an unverified account?

I have a Level 1 account. Not 100% sure what that means, but I know I never sent them my ID or any form of verification. I assumed Level 1 = Unverified, but I guess I might be wrong. This is what the FAQ says:

Quote from: https://support.poloniex.com/hc/en-us/articles/360040600934-Level-1-Account-FAQ

Q: How do I verify my Poloniex account to Level 1?

To create a Level 1 Poloniex account, please go here and provide your email address and password. Be sure to provide an email address you will not lose access to. You will then be prompted to confirm your account via an account activation email sent from [email protected].

pacolito

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Activity: 36

Merit: 5

Quote from: DarkStar_ on December 28, 2019, 03:29:53 PM

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

Was your account verified already or did they allow you to withdrawal with an unverified account?

DarkStar_

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Activity: 2758

Merit: 3282

Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I was able to get my stuck XLM withdrawn. Too bad it's only worth 0.01 BTC now compared to 0.06 BTC about a year ago Undecided

Did Poloniex say why you couldn't get your NEO withdrawn?

malevolent

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Quote from: TryNinja on December 26, 2019, 07:37:32 AM

Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

I wouldn't be surprised if they started requiring KYC again if Binance ever started requiring it too (maybe not immediately, though, to cash on some newly made refugees from Binance), but for now their only hope to remain afloat is this reduction in restrictions.

1Referee

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Quote from: countryfree on December 26, 2019, 07:27:49 AM

Attached on a sentimental level, really?

I can't imagine that. If true, these people shall never manage their finances by themselves. You can invest with your gut, nothing wrong with that, but you must always be ready to reverse your judgment.

It happens in all fields. I think the correct term is brand loyalty outside crypto, where people stick to the products or service of a certain company regardless of how many other companies there are with even better and cheaper products and services. In some form or shape, I think we all have been there at some point.

Bitfinex for example was experiencing massive outflow of capital, but they managed to gain back quite a chunk of what they lost. Currently they have over 190,000BTC sitting in their two known cold wallets. That's at least a plus of 50,000BTC, which is quite impressive. People keep going back to Bitfinex no matter how hard they get screwed over. Roll Eyes

nydiacaskey01

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So far I am happy with what I am using now. I used to trade using Poloniex but after a lot of issues that takes days and perhaps weeks to resolve and read a lot complaints, that's where I decided to pack my bag and leave. It took them quite sometime to figure out a work around on this issue (unverified accounts). People already left. Its hard to take them back again. They should know that.

stadus

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Hhampuz for Campaign management

Will this help increase their trading volume? I hope so...

They have limited number of pairs compared to Binance but this decision to allow no kyc accounts is good, it's like they are back when they first started.
However, getting back the trust from its old traders or clients is a tough job, but like I said, I hope this will have a good effect like particularly in volume.

TryNinja

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Looks like I still can’t withdrawal my NEO stuck in there without a KYC. Well, I got happy for a moment. On a side note, I just took a look at NEO’s price and it’s down from $50+ to ~$5. So not that bad. Cheesy

Topic: Poloniex revives unverified accounts (Read 420 times)