Topic: Poloniex Withdrawing Support for the U.S. Clients (Read 129 times)
I think Poloniex decided to removed margin lending product for USA based customer just want to comply with regulation and AML. this exchange really want to comply all regulation of USA goverment or SEC because their exchange located there. In my opinion this is not bad news, and about delisted coin, they do that because all that coins has low trading volume.
Bad news for U.S. Poloniex clients - it seems that the company owning the platform, Circle, will pull out margin trading for them. The decision was announced in a blog post. Additionally, the company will delist GNO (Gnosis), AMP (Synereo) and EXP (Expanse).
https://blog.circle.com/2018/10/03/poloniex-to-remove-margin-and-lending-products-for-us-based-customers/
It is important to note that U.S. traders will have seven days notice when the decision comes to power, especially since withdrawals will not be possible after that period. The decision came as a plan to revive the Poloniex.
https://blog.circle.com/2018/10/03/poloniex-to-remove-margin-and-lending-products-for-us-based-customers/
It is important to note that U.S. traders will have seven days notice when the decision comes to power, especially since withdrawals will not be possible after that period. The decision came as a plan to revive the Poloniex.
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