Poloniex sold at $400 million to circle !!!!!!

in bitcoinnews •  last year

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poloniex sold @$400 million...... Is this true ??

Yes its true that worlds No 1 trading exchange Poloniex is now sold to Circle.the Poloniex is in the trading market from years & also holding its No 1 position in the trading market.
But Poloniex is facing some issues from couple of months like late in replying the support customers so its lacking behind & its biggest rival Bittrex takes it down & the people showing more intrest in Bittrex.

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Than suddenly this tweet cames out & got viral,the company named Circle bought the biggest cryptocurrency exchange Poloniex at $400 million which is shocking a bit for the traders (include me) who are on poloniex.

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Circle is the biggest startup in crypto market which makes the bitcoin an easy method like buying & selling means circle for the bitcoin members or circle pay from peer to peer.It also runs an circle trade an over the counter place for the big investors & exchanges.

After acquiring the poloniex ,circle said that they are going to expand their work & the users of poloniex will now have a smooth transaction than before.

If this got you some knowledge than do upvotes & resteem this

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circlepay Circle tweeted @ 26 Feb 2018 - 14:12 UTC

We're pleased to announce that Circle has acquired Poloniex: ow.ly/VuBT30iClTs

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