Time to Move Out of Poloniex? Whereto? Suggestions?
Goldman-Sachs backed startup Circle buys Poloniex cryptocurrency exchange
LONDON, Feb 26 (Reuters) - Goldman Sachs-backed payments company Circle has acquired U.S. cryptocurrency exchange Poloniex, Circle said on Monday, in an effort to cement its position as one of the leading companies in the world of blockchain technology.
“We’re proud to announce that Circle has extended its commitment to a new vision for global finance by acquiring Poloniex, a leading token exchange platform,” founders Sean Neville and Jeremy Allaire wrote in a post on the company’s website.
Boston-based Circle operates its app-based peer-to-peer payment network using blockchain, the technology which first emerged as the system underpinning cryptocurrency bitcoin. It is also one of the leading players in the over-the-counter market for bitcoin trading.
One of the most well-funded blockchain startups, its investors include Goldman Sachs Group Inc and Baidu Inc .
Poloniex is one of the biggest global marketplaces for digital currencies and tokens. (Reporting by Jemima Kelly, Editing by Abhinav Ramnarayan)
This does not sound good. So I think it's time for me to move my altcoins to other places.
Suggestions?
Thanks go to Crypto Tits euhrm I mean Crypto Tips ;-)
Poloniex....
I WOULD RATE THIS EXCHANGE AS A SCAM. I transferred Eth to Poloniex and it did not show up in my account. I logged a ticket with Poloniex 3 days ago, but no reply. Infact, the ticket I logged 2 months ago still has not received a response. This is a very risky exchange to send crypto to, there is a good chance of losing your funds. They clearly do not provide customer support, so if something goes wrong, you are on your own. After this happened to me, I searched if it had happened to anyone else and found hundreds of similar complaints. I am still unable to confirm if anyone eventually received their deposit. I will not use this Exchange anymore...
@pagandance sir...
Wel done and perfect work...
Poloniex is a shit exchange. They will not notify you about any update & will block all your transaction. I am waiting for last 2 Months & they are not fixing my issues related to Siacoin & Bytecoin.
This exchange is a scam, 0 support!
Instead of exchanges holding them onto ledger would be perfect but for trade I often use Bittrex and Binance !
bittrex.com is best
time to move out bittrex is good
Good post, I think your alt coins decision is good
Come and trade on bittrex.com i'm trading there for long time already and very satisfied
If it not sounds good then go for alt coins on other place is right thing
@pagandance,
I think Bittrex is a good option! Binance also good too!
Cheers~
i didn't even checked poloniex for months its the worst exchange ever