Why not to use Poloniex

I see a lot of people and posts about their  problems on poloniex. These people probably didn’t check out enough about the company who’s service they use appearantly. Remember there is a stockmarket that is matured and has lots of lots of company’s who make trading possible online that actually where scamming people. All have seen movies like the wolf of wallstreet right? Or boiler room? Money is your food so please look up the cons and pro’s before using a service which has to do with money from a company that has lots of users. Lots of users may be also bots. And lots of users may know the cons and the pro’s. So because I don’t see the pro’s of poloniex. Here are the cons.

                    # Reasons not to use poloniex *

**Wallets** 

Many wallets seem to be disabled for a long long time before get online 

**Customer support **

seriously they just don’t answer your ticket or if they do it comes after days or weeks and months of prayers to all possible gods of all religions… and then they didn’t understand any of your problems

**CEO information and communication**

It’s important to know the CEO and other board members if you use a service from a company. About the CEO Tristan D’acosta, is very little known, just the same information about poloniex and a linkedin account. Further there is nearly anything known and I have the feeling this may be somebody else. He also hardly communicates to the public about, he did it just a few times in a couple of years.

**Changes in term to make them impossible to sue **

This is the biggest reason why not to use poloniex anymore. They waived your right to legal action which means what ever happens in the company that’s not right and honest… nobody can sue them. If they hold your money for years it’s not possible to sue them either.

**Claims**

They claim to be the biggest in the world, but aren’t. They are big in America yes. But if they promote themselves with being the biggest, why do they have troubles with hiring new people or move to other locations in different states ?

**Bitcoin cash **

It seems they stole your bitcoin cash which was meant for you

**Minimum buy of 0.02 btc for you but still trades of 2 coins per trade**

It just does not make sense if you are margin trading, you must buy for minimum of a certain amount, mostly 0.02 btc while there are trades of 1 or 2 going on that are frequently asking or biding above the actual price. So these trades CAN buy for less then the minimum apparently… who is behind it? I guess poloniex.

Bittrex has seriously no problems with al above. I long switched to their. The best thing you can do is deal with the situation and pay those retarded high deposit fees to poloniex and get you coins to bittrex or, the best, store them in your wallets. 

Don’t forget to delete your account, since they say it themselves on their website: 

ALERT:

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We have made updates to the Poloniex Terms of Use. These changes are effective immediately and apply to all Poloniex users. We encourage you to review our Terms and familiarize yourself with the changes that have been made. If you do not agree to any of these changes, you may contact support and request an account closure.