Spotlight on Poloniex:Six Reasons I Love Poloniex ExchangesteemCreated with Sketch.

in Project HOPE โ€ข 4 years ago

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Hey Buddy!! It's really nice seeing you visiting my blog today, I'm really grateful and honored for this ๐Ÿ˜Š. I really don't know know if you've actually been noticing different blog post about Poloniex from different people, it was really interesting reading their publications. I also use this medium to thank @steemitblog in courtesy of @steemcurator01 and @steemcurator02 for organizing such lovely contest which provides content writers the opportunity to share their knowledge with others and also earn cool upvotes for their activities.

I've actually been in the crypto space for the past few years from now and I must say cryptocurrency is really fun. There are times I would love to trade my cryptos and there are also some time I prefer investing in cryptos for some certain period of time. I could remember trying to buy a certain cryptocurrency which came out this year named Mantra Dao (OM). I really love the motive and vision behind the project since it's also a Defi token which could be used for lending, staking and some other beneficial activities.

Have you ever been in a situation whereby you want to buy a particular token or alt coins but unfortunately you were unable to find the tokens on your favorite crypto exchange probably maybe because it's not yet listed there. Well, that's actually what happened to me this year. I trade most of my cryptos on Binance and it's quite unfortunate I couldn't get Mantra-dao (OM) on Binance because it wasn't listed on Binance. I had to search the token name on coingecko and fortunately for me I noticed I could buy and trade the token on Poloniex.

I've actually been hearing about Poloniex from some of my friends and I also do see Poloniex advert banner on my Steemit page and this really brought me that sense of relief that my money and tokens will definitely be safe. I decided to sign up on poloniex by creating an account with the exchange and I deposited some amount of Etherium from my Binance wallet account to my Poloniex wallet account and I bought the tokens safe and sound ๐Ÿ˜Š.

While making use of Poloniex during that phase, I got to notice six great important factors which developed my love for Poloniex Exchange and I'm also going to be sharing this sixReasons with you, I suggest you grab some delicious pop corn and chilled fruit juice as you read along through this post as I share with you the six reasons love Poloniex Exchange.

#1 EASY TO USE/USER-FRIENDLY

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Poloniex is one of the most easiest crypto exchange platform to use. You really don't need to be an expert before you can start making use of Poloniex Exchange.

I could remember making crypto trades and transaction without the need of any external help or guide. The UI/UX design really tells a lot when utilizing the platform. The same goes for both web and the mobile application.

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In summary, if you are actually new into the trading cryptocurrency and you find some other crypto trading platforms a bit difficult to use, I suggest you try Poloniex and experience the ease in exchanging and trading cryptocurrencies.

#2 FAST DEPOSIT AND WITHDRAWAL SYSTEM

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Another lovely feature I love about Poloniex is also it's fast withdrawal and deposit system. I could remember how fast I was able to deposit some Etherium into my Poloniex account without any problem and I was also able to withdraw very easily.

I've heard cases of people trying to make deposits or withdrawal on some exchanges but unfortunately some of these exchanges take more time (24 hours) to process transaction while some users end up loosing their tokens to the exchanges. It's actually a very different case when I used Poloniex.

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In summary, if you need to make withdrawal and deposit very fast, Poloniex Exchange is one of the best way to go.

#3 SECURITY

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One of the reasons most people are scared to make use of crypto exchanges is due to security reasons. The level of security in a crypto exchange platform determines how safe and secured our tokens will be since none of us will want to loose any of our tokens or cryptos stored in our wallets on exchange platforms.

It's really quite interesting that Poloniex has adopted top notch security system to make our tokens safe and secure. I could remember setting up a thumbprint and 2FA access while making use of the mobile app to ensure optimum security of my tokens and I haven't experienced any form of reduction or losses in my tokens.

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In summary, I love Poloniex Exchange because of the high level of security adopted on the exchange platform and I do have that great feeling and confidence that my tokens are quite safe with Poloniex Exchange.

#4 CHEAP TRANSACTION FEE AND FREE DISCOUNT WITH TRON (TRX)

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Are you also surprised about this point? ๐Ÿ˜ฒwell, you really don't have to be astonished about this because I also got to know this while exploring on the Exchange. The fact is that transactions are very less when you make use of Tron (TRX) just like you earn free discount on Binance when you make use of BNB.

The cheap transaction via Tron (TRX) has developed my interest in trading cryptos on Poloniex and sometimes converting to Tron for withdrawal and deposit process due to the very lesser cost. ๐Ÿ˜Š

In summary, I suggest you start using Tron (TRX) for transactions whenever you need a reduced transaction charges ๐Ÿ˜Š.

#5 CUSTOMER CARE SERVICE

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There are times when you will definitely be in need of help or support from the team and it's quite unfortunate that some exchanges customer support aren't really functional as it supposed to be. This aspect is one of the reasons that makes Poloniex different from some other exchanges because their customer care support is always up and running!

I remember trying to upload my KYC documents for verification on Poloniex and it's really quite impressive the customer support were very active replying via email for necessary information.

In summary, feel free to contact Poloniex customer support service via email or their social media handle and watch how your complaints are going to be rectified within by the team within short period of time.

#6 YOUR OPINION

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As you all know me to be a voracious learner, I'll also love to hear from your opinion about the things or features you love about Poloniex Exchange. Feel free to comment your view on the comment section and let's also learn from you too ๐Ÿ˜Š.

Thanks for your time and I hope you have a great day ahead with love from @hardaeborla ๐Ÿ’•๐Ÿ’“โค

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I could remember setting up a thumbprint and 2FA access while making use of the mobile app to ensure optimum security of my tokens and I haven't experienced any form of reduction or losses in my tokens.

Although Poloniex has eliminated the controls of KYC to facilitate access to the platform especially for beginners, it has proposed apart from 2FA access several other measures and techniques to ensure the security of traders' accounts among them we find for example: storage cold funds, email confirmation processes, IP locks and other features.

Hi @kouba01 ๐Ÿ˜Š

Although Poloniex has eliminated the controls of KYC to facilitate access to the platform especially for beginners, it has proposed apart from 2FA access several other measures and techniques to ensure the security of traders' accounts among them we find for example: storage cold funds, email confirmation processes, IP locks and other features.

I agree with your point here as regards the KYC system. But I could remember uploading my KYC back then on the exchange and it got approved. Well, maybe they've just started the idea you wrote about and it really seems quite lovely too.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ๐Ÿ’•๐Ÿ’“โค๏ธ

Yes that s right thanks for you also!

You're welcome ๐Ÿ˜Š๐Ÿ’“๐Ÿ’•โค๏ธ

I could remember making crypto trades and transaction without the need of any external help or guide. The UI/UX design really tells a lot when utilizing the platform.

I encountered the same thing when I started with this exchange. It is incredibly easy and almost self explanatory to use this platform.

In summary, I love Poloniex Exchange because of the high level of security adopted on the exchange platform and I do have that great feeling and confidence that my tokens are quite safe with Poloniex Exchange.

Poloniex has made security its main priority ever since they experienced the major hack leading to the loss of many customers to other exchanges like bittrex.

#twopercent #ghana #affable

Hey @njaywan ๐Ÿ˜Š

I encountered the same thing when I started with this exchange. It is incredibly easy and almost self explanatory to use this platform.

Wow! It's really good to know I'm not the only one who experienced such occurrence then ๐Ÿ˜Š

Poloniex has made security its main priority ever since they experienced the major hack leading to the loss of many customers to other exchanges like bittrex.

The security level in a crypto exchange platform should definitely be the major concern of the team and developers because it involves people's asset and investment. No one will ever invest or store their tokens on exchanges liable to simple hacks or crypto losses.

Thanks for your lovely comment with love from @hardaeborla and I hope you have a great day ahead โค๏ธ๐Ÿ’“๐Ÿ’•

Poloniex is a great exchange and the fact that it has a friendly user interface gives it a better ground above all other competitions.

It's UI/UX Design is really top notch and I must say the team are really doing a very great job about this.

Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead โค๏ธ๐Ÿ’“๐Ÿ’•

Thank you for taking part in the Spotlight on Poloniex Contest.

Keep following @steemitblog for the latest updates.

The Steemit Team

Thank you for your lovely comment @steemcurator01 and I'll always keep following @steemitblog for more latest update

Thank you for taking part in the Spotlight on Poloniex Contest.

Keep following @steemitblog for the latest updates.

The Steemit Team

Thank you for your lovely comment @steemcurator01 and I'll always keep following @steemitblog for more latest update

Some good reasons to love this exchange.

They are really good reasons @wiseagent ๐Ÿ˜Š

Hello friend, excellent publication, the truth is I have never used this system but as far as I can see it is very interesting and easy to use. It is good to know how it works maybe later I can make use of it. Greetings!

Greetings @franyeligonzalez ๐Ÿ˜Š

I was actually trying to get a particular token I couldn't get on Binance which led me to use Poloniex Exchange and it's really quite interesting and lovely to use ๐Ÿ˜Š

Sadly my state does not allow it.

Wow! Are you for real? ๐Ÿ˜ฒ

Well, don't feel sad about it @machnbirdsparo who knows if the team is also working on adopting your state too

Florida is a big, powerful (US) state. Still, I don't see it winning over the rest of the country to ban BTC, so eventually I think Poloniex will get through.

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