Honestly I'm not recommending anything for trading yet, I don't do much of that myself, but I can tell you from the little experience I have with Poloniex that they are bad news.
I guess they have those to avoid having to report anything, for taxes, you see a lot of crypto debit cards with a similar system so they don't have to do as much documentation. I don't like this either, specially because if the government wants to mess with you they will find a way.
Honestly I'm not recommending anything for trading yet, I don't do much of that myself, but I can tell you from the little experience I have with Poloniex that they are bad news.
One thing that kept me away from them was their daily limits. I did not like that idea. But, other than that I don't know much.
I guess they have those to avoid having to report anything, for taxes, you see a lot of crypto debit cards with a similar system so they don't have to do as much documentation. I don't like this either, specially because if the government wants to mess with you they will find a way.
Ok I see. I did not know that. Thank you for sharing this information.