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RE: Spotlight on Poloniex: Simplex - Poloniex's Entry Point for Fiats
Sure, simplex system has zero tolerance to fraud. The fees though. Some people feel that the fees are quite much and that the minimum purchase limit also is quite high.
Thank you for your addition. Yes for those buying with a bank transfer, there's a 0.5% fee attached.
You're sport on with your thoughts on the simplex-poloniex partnership. It's going to yield huge dividends for both parties in the long run.