R.I.P. Poloniex (new face-image requirements) - page 4.

jhenfelipe

hero member

Activity: 1372

Merit: 647

Oh! It already started. On Dec 2017 they have announced here that they will require legacy accounts to become verified. So meaning after receiving the email, legacy account holders only have a week to be able to withdraw their balances if don't want to comply with the verification. Though there have been an upfront announcement last year, isn't 7 days a bit short? I know, processing the verification will only take minutes, but some people might be unable to check their email for a week.... Anyway, that's only what I thought.

Quote from: seoincorporation on May 28, 2018, 10:29:54 AM

There is no option if you want to use Poloniex

Only way is to be verified because unverified accounts will be useless on and after the deadline:

Quote from: https://poloniex.com/press-releases/2017.12.27-Notice-to-legacy-account-holders/

On the date of the deadline, legacy accounts will be placed in a state where:

Trading and lending will be disabled;
Open orders will be closed;
Loans will have auto-renew switched off;
Margin positions will be given an 8 week wind-down period where they can only be diminished or closed. After the 8 week wind-down period, they will be closed;
Deposit addresses will be revoked. Any deposits sent to a revoked address will not be recoverable until the account is fully verified;
Withdrawals will remain enabled at the daily withdrawal limits prior to the deadline.

crairezx20

legendary

Activity: 1638

Merit: 1046

That's a bad news if they are now asking for verification but it's weird because I didn't receive any email from Poloniex looks like your the only one who received it.
For now, it's not safe to give any personal data or government ID because there is news about adding new policy according to general data protection regulation. So I think this may be the reason for asking for ID's.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote

Anyway, this is crystal clear to me: RIP, Poloniex. I will no longer use their services, as long as other exchangers continue offering anonymity.

You do not use skrill? Have you seen the procedures for verification a skrill account? you would probably be shocked if you did skrill account verification. they ask the person to download an application and this application will scan your face and confirm if it matches your ID. besides they ask for many other things. is a very stressful process. probably many exchange will follow the example of poloniex, this is the end of anonymity the end of altcoins that are anonymous as monero

seoincorporation

legendary

Activity: 3346

Merit: 3125

Some days ago, I received an email entitled: "Pononiex Account Alert: verification needed"

In the email, they sent me some instructions regarding the new restrictions they're implementing their service. They give me 7 days to send to them both a governmental ID (my passport, for instance) and a photo of my own face along with a paper with the date wrote in it. There is no option if you want to use Poloniex, for in the mean site you will find this:

Given the recent information leaks scandals, it is awesome they ask for a personal photo of your face. Ok, due to recent regulations, the user real name has to be shared, for the law is taking this way. But a pick? What's the point of sharing with them my ugly face? Why is so urgent to them?

Anyway, this is crystal clear to me: RIP, Poloniex. I will no longer use their services, as long as other exchangers continue offering anonymity.

Topic: R.I.P. Poloniex (new face-image requirements) - page 4. (Read 580 times)