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Topic: Poloniex: Still safe ? - page 2. (Read 2329 times)

sr. member
Activity: 350
Merit: 250
August 30, 2017, 08:28:00 PM
#47
In my experience in trading at poloniex they have now a much better support than bittrex maybe because the volume has shifted in ttrex, btc withdrawal also are cheaper in polo with only 10k sats compared to 100k of ttrex, i recently had a problem in ttrex as my eth withdrawal has gone missing but after 2 days thet refunded it.
sr. member
Activity: 958
Merit: 265
August 30, 2017, 08:07:34 PM
#46
Is Poloniex still a good trading site ? Recently i engaged in investing my money in poloniex and since the price drops i didn't sell my tradings yet and i was shocked when i found out that my tradings were already withdrawn from my account without notifying me on my on email. Any thoughts guy ? I need help Sad
Poloniex exchange is very safe unless you didn't put 2FA authentication on your account, Verify your poloniex account and enable 2fa authentication and store the 2fa code on your safety email inbox or computer and install google authenticator maybe you didn't use 2fa that's why the hacker withdrawed your money you can file a ticket on poloniex it is user friendly and put a proof that your money withdrawn by hackers.
sr. member
Activity: 337
Merit: 315
August 30, 2017, 08:03:40 PM
#45
Shittrex and Crapoliex are both ponzi schemes and IMO honeypots. Good luck getting your coins off either of them without a DNA sample, birth certificate, photo ID and hair sample.

I've been using both since they launched, mainly Shittrex over Crapoliex since they had more currency pairings and didn't impose withdrawal limits. Shittrex's charts  and order depths haven't been working for a year now, bot trading dominates the order books, execution time is shit and the support now takes 2-3 months to get a reply unless your support ticket has "wire transfer" in subject. On top of that they delist coins without notice or reasoning.

Shittrex used to have amazing customer support, were friendly to developers and their respective communities and had a functional site but now since volume has been moving over to Shittrex from Crapoliex they've completely shit on their customers. As someone whose been using them and promoting them longer than most people on this forum and I can unequivocally state, stay as far away from them as possible.

Crypto-to-crypto exchanges shouldn't be asking for verifications when they aren't dealing in fiat.. bottom line. Second, withdrawal limits aren't required by any law that I can think of.. it's an internal decision. They are trying to act like banks yet none of your coins are insured by any global agency or insurance company. If they get hacked and you lose your coins.. good luck finding any recourse with a 2-3 month support ticket window. I look for exchanges with no withdrawal limits because I don't like keeping any funds on exchanges. On top of losing funds, you have to worry about what hackers do when they know your address, driver's license, BTC net worth and other government related documents. The threat of that data being sold on the darknet to some criminal organization is much too great for me to consider giving up privacy for some bullshit security. If you don't think some fucked up criminal syndicate is looking to target individual bitcoin whales for extortion/kidnapping or some other hectic shit, then you live in a fantasy world.

We as a cryptocommunity need to fully boycott Shittrex and Crapoliex and move our volume to another exchange in protest of their attempts at subverting peer-to-peer trading by becoming a pseudo-bank. I'm a huge advocate for individual privacy as its a basic human right and what these exchanges are doing is completely unacceptable by any standard. There are much better exchanges out there. Hitbtc.com for example, is a UK-based exchange, has been around since 2013 and it's interface makes trading on Shittrex and Crapoliex feel like you've gone back in time to 1999 waiting for the internet to crash. They don't have any withdrawal limits or verification for crypto-to-crypto exchanges you only need to verify your account if you want to withdraw or deposit fiat. Binanace.com is my second runner up, it's ran by the guys who started OKcoin.com so they know wtf they are doing. They have a 50BTC per day withdrawal limit and no ID verification because they don't use fiat. The only other drawback besides the 50BTC is they offer less coin pairings.

Enough is enough we need to protest with our coins against these bullshit ponzi honey pots. They aren't banks. Bitcoin was invented as an alternative to clearing houses and financial institutions. By supporting these exchanges, you might as well be supporting one of the big banks at least your money is insured with the banks. Vote with your coins and move funds off them before they are stuck there for the foreseeable future.
hero member
Activity: 659
Merit: 502
August 30, 2017, 08:00:48 PM
#44
FWIW my friend has told me he advises against it as they still owe him ETH and won't respond to his support requests. I don't know anything else beyond that. Others sing it's praises so just keep in mind YMMV.
They will never reply customers email
hero member
Activity: 659
Merit: 502
August 30, 2017, 07:59:12 PM
#43
Poloniex is suck I emailed them a support until now more than 4 months still not reply
copper member
Activity: 97
Merit: 2
August 30, 2017, 07:57:10 PM
#42
FWIW my friend has told me he advises against it as they still owe him ETH and won't respond to his support requests. I don't know anything else beyond that. Others sing it's praises so just keep in mind YMMV.
newbie
Activity: 2
Merit: 0
August 30, 2017, 07:53:29 PM
#41
Hi All!

How long did it take to get your account verified on Polo? I signed up today and submitted all of the identity requests(pic of ID, picture of me with ID).

Thank you!

legendary
Activity: 2940
Merit: 1083
August 30, 2017, 07:43:54 PM
#40
Is Poloniex still a good trading site ? Recently i engaged in investing my money in poloniex and since the price drops i didn't sell my tradings yet and i was shocked when i found out that my tradings were already withdrawn from my account without notifying me on my on email. Any thoughts guy ? I need help Sad

Im using Poloniex and never experienced a major problem. Also I don't treat exchanges as safe. It's just a matter of playing with the risk. Now I suggest you to send some ticket in Poloniex although they have poor customer support since you have no choice but to asked them what happened.

Now that you have some pending case in Poloniex, don't used them for now while your case isn't solved yet. Also moved on and try to recover the loss from doing trading again at another trading site. That's the reality when we engaged in trading exchanges today.
full member
Activity: 1002
Merit: 112
August 30, 2017, 07:40:29 PM
#39
I don't know anymore. I was upset with them especially their support. I made a withdrawal 2 weeks ago and i just received it 2 days ago. On the 2nd day of my withdrawal, i contacted their support but they didn't respond. I was so upset coz it feels like they don't really care about your investment with them.
full member
Activity: 686
Merit: 100
August 30, 2017, 07:38:23 PM
#38
Based on personal experience, I did not encounter any problem with polo first trading platform that i have traded, Easy to use too.
You just really need to ensure the security of your account like 2FA and stuffs. Earned money from trading in Poloniex, so Yeah Polo still safe at the current moment.
full member
Activity: 504
Merit: 100
August 30, 2017, 07:30:58 PM
#37
yes i guess also the end of this poloniex is having gagguan, very slow coin movement make me tired of trading in poloniex, and i have now moved in bittrex which cois price movement very fast, and can make me utuk gain more and more profit fast my time to trade temporarily in bittrex.
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
August 30, 2017, 07:21:49 PM
#36
I remember when poloniex was just starting up, i've been personally using their exchange for over 3-4 years now, and never had any hiccup whatsoever.

A lot of misinformation goes out these days because a lot of "theft" or coins not being "recieved" is due to human error. Poloniex is still dominating in top 3 alt-coin exchanges.
full member
Activity: 392
Merit: 100
August 30, 2017, 07:16:29 PM
#35
I still believe that poloniex is still safe. But better to see and always make an observation about it. And do not put all your investment in a single exchange site. With that, you will identifying what is the most effective and more safe exchange site.
legendary
Activity: 1302
Merit: 1002
August 30, 2017, 07:08:24 PM
#34
Poloniex is clear and safe platform. Just blame yourself, not the tool.
Do you really think that all these people have bugs with? Just think before talk.

to many people rise concers about Poloniex. As for them having such exchange is great becouse before they add any shicoin they will buy it from market then when add it make HUGE pump so.
I bet it should work for while since they make moeny VERY easy way.
member
Activity: 73
Merit: 10
August 30, 2017, 05:22:54 PM
#33
no exchange is safe for all time always try to keep 50 percent of your stake in offline wallet no one know.  at the same time poloniex follow dimed USA regulation policies which decrees its users and trust little bit.
member
Activity: 77
Merit: 10
Coins
August 30, 2017, 05:08:22 PM
#32
Should be fine, but since i found out a bout Bittrex and Binance i neer come there any more.

Works fine though and with 2fa should be save too
legendary
Activity: 1288
Merit: 1087
August 30, 2017, 05:07:12 PM
#31
even if it is 100% safe, support is so freaking dire that if you have any type of problem, and many do, you might wait months for it to be resolved. no exchange that operates like that is getting a penny from me.
newbie
Activity: 4
Merit: 0
August 30, 2017, 04:59:51 PM
#30
I've had some less than favorable experiences with Poloniex and have for the most part, moved my trading to Bittrex. I on occasion also use shapeshift or changelly when using desktop wallets. This is making the rounds on reddit if any indication --> https://www.reddit.com/r/CryptoCurrency/comments/6x1oug/poloniex_customer_support/
full member
Activity: 392
Merit: 102
August 30, 2017, 03:12:54 PM
#29
My experience with Poloniex has been good but reading a lot of the negative press on here has me a bit worried.  If you're not in the US, I'd recommend Bitfinex as my experience with them has been flawless.  Unfortunately they're ending support for US customers.
full member
Activity: 145
Merit: 100
August 30, 2017, 03:05:46 PM
#28
Stay well away from Poloniex, takes months to get verified if ever, withdrawals go missing, no communication whatsoever, another Gox in the making.
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