Poloniex Exchange: part-01

Many exchanges have been created for cryptocurrency in this world. Depending on the fees of these exchanges, their exchange may go viral. In the exchanges that are the best, security and trading free are the two most important exchanges. How good an exchange is depends on trading free.

I would like to introduce you to an exchange whose trading arrangement and one of the most secure trading sites is Paronix Exchange. Today I will introduce you to Poloniex exchange. Although this exchange was established a long time ago, I joined it about three or four months ago and from that idea I have come to give you some details today. Read carefully. Hope you understand everything.

What is Polonex exchange?

Poloniex is one of the best-known cryptocurrency exchanges. It was founded back in 2014. The platform is based in the US. It is safe to say that, Poloniex was among the crypto companies. That have set the standards of the modern day centralized cryptocurrency exchanges. Many of the features provided by this platform have become compulsive. The exchange offers a diverse set of supported currencies. But it's important to realize that fiat money can't be used on this platform.

This exchange doesn't exist in the form of the mobile app but the mobile version of the website is quite convenient. The functionality includes margin trading which can be attractive for institutional traders while other features and quite an intuitive interface can fit well less experienced users. Traders with programming skills can create their custom tools via the exchanges API or using the open-source code.

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You must first create an account for any exchange site. And to create that account you need a verified email. The email you have been using for a long time will be placed here. Then enter one of your favorite and strongest passwords. In which many numbers, symbols, Roman symbols, uppercase and lowercase letters all match. This will increase your security a lot.

If any of your friends invite you, enter their referral code. The person who encouraged you to come to this exchange will also benefit a little. He will get some profit so the officials of the exchange site have introduced this system. By doing this he will benefit them even if it is a little.

Thirdly, there is a system to verify you which I have expressed through my figure. Here you will click. The reason for giving it is that the robot will never be able to click on it. And this is how an existing person can create his account by doing this.

Then whether you are interested in using the exchange and whether you can use it according to their terms. You have to click on whether you are interested in it. No one under the age of 18 will be allowed to enter this exchange.

Then you will receive a mail and you have to confirm it. If you do everything right, you will create a new account. Then you can login.

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Once the account is created, you can withdraw the deposit here. From the beginning your label will have one. At this level you can withdraw $10,000 USD per day. Your label will be promoted if you have identified yourself. If level two improves then you can withdraw $ 500000 USD per day.

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So far I have given you the basic idea. This time it is leading you to important information.

If you want to make a steem deposit there. Then you have to go to the deposit option and search by typing steem. And when it arrives, you have to select or copy the "poloniex address" and pase it to the address bar to steem transfer. Then an important task is your memo. This memo is an important thing for your Steam to go to your wallet. Carefully copy this memo and phase the memo in place of the memo on steemit. You will be able to do this regularly. There is no cut of transfer fee here.

In order to buy or sell cryptocurrency on Poloniex use the Buy or Sell application forms respectively. Indicate the required amount of currency, as well as the purchase/sale price. Then the system will automatically calculate your total transaction amount. Pay attention to the commission, the size of which is indicated in the line "Fee". To confirm the transaction, click the buy or sell button, depending on the type of transaction.

As for the stop-limit order, its use will help you to some extent protect the profit and minimize losses. Such an order is executed in a certain price range. For example, you want to buy a cryptocurrency when the market price reaches 200, but you do not want to pay more than 210.

Then you need to specify the value in the stop field 200 and Limit 210. As soon as the market value reaches 200. The order will be executed at the best of the offered price.

The security issue of working on the Polonics Exchange is probably one of the major issues for all such sites. Because it is always a wide field to handle various fraud projects is thanks to two-factor authentication on the Poloniex website. User accounts are reliably protected. If the transaction is suspicious, the administration of the company requests documents to confirm the identity of the trader.

However, in March 2014, Poloniex suffered a major hacker attack. About 12% of the bitcoin stored on the exchange was stolen. Subsequently, the company has raised commissions to enable the affected users to pay compensation.

Poloniex is ​​finally going to be the number one exchange site in the world. This poloniex exchange has a lot of security and training free com and many more important tools for security from hackers. People's interest in poloniex Exchange is increasing day by day. poloniex is ​​finally going to be the number one crypto exchange site in the world.

Thanks to all

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Cc-:

@steemitblog
@steemcurator01
@steemcurator02

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The post payout is set to "Power Up 100%".

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