Poloniex is a crypto-to-crypto global exchange operating in the US since 2014. It is the world’s largest Ethereum Exchange by average volume in 2017. The user on visiting the exchange can see the extremely detailed charts and efficient data analysis tools. The exchange supports more than 70 popular digital assets. It charges minimal fees for deposits, and the withdrawal fees are also low when compared to other exchanges. Signing up on Poloniex is quite simple, and each account offers exchange, trading and lending services. Poloniex offers three levels of account verification. Poloniex only accepts the crypto deposits and withdrawals. As the exchange does not support the traditional deposit methods, it is one of the cheapest exchanges to use. Maker and taker fees are applied to both the exchange and the trading platform. The maker fees range from 0% to 0.15% while the taker fees range between 0.05%⎯0.25%. The exchange keeps the funds in air-gapped cold storage to prevent the risk of loss due to hacking. Only the funds required for active trading are kept in hot wallets, i.e., online. The interface is simple, and there are dozens of technical indicators for the trading analysis.
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