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Poloniex

3.5
(5 reviews)

Poloniex is a leading cryptocurrency exchange offering a wide variety of digital assets.

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Poloniex Reviews

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Showing 5 Poloniex reviews
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Poloniex review by Sabah B.
Sabah B.
Validated Reviewer
Review Source

"Poloniex is an exchange for those that love altcoins and margin trading."

What do you like best?

A great thing about Poloniex is that is offers a large variety of altcoins along with margin trading for them.

What do you dislike?

The bad part of Poloniex is that it has been hacked severely back in 2014, so there is always that question of trust within the platform. But also that it seems to be a hub for pump and dump culture which is not a good thing in the crypto space. This means the users can be an easy target for price deception and losing money in short amounts of time because of artificial pumps on the platform. The charts on the platform also look a little confusing.

Recommendations to others considering the product

Only use for altcoin margin trading

What business problems are you solving with the product? What benefits have you realized?

Poloniex provides altcoin margin trading.

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Poloniex review by User
User
Validated Reviewer
Review Source

"Poloniex es uno de los mejores exchanges que esisten actualmente"

What do you like best?

La plataforma es bastante fácil de usar, manejan una buena cantidad de diferentes criptomonedas y por otro lado toman muy en serio la seguridad por lo que solo agregan criptomonedas que hayan demostrado cierta solidez, de esa forma evitan scams y fraudes.

Se interconecta fácilmente con otras herramientas para utilizar su data en los casos como análisis gráfico o seguimiento donde las funcionalidades existentes se quedan cortas.

What do you dislike?

La parte de análisis gráfico podría mejorar mucho, le faltan herramientas y funcionalidades que permitan hacer los análisis de forma rápida. Actualmente yo prefiero usar otra herramienta para análisis gráfico cuando opero con Poloniex. Otro ejemplo es que para hacer seguimiento de precios y operaciones es imprecindible utilizar otras herramientas.

Recommendations to others considering the product

Excelente herramienta para análisis del mercado de criptomonedas. Su solidez y trayectoria dan la seguridad y confianza necesarias para trabajar con Poloniex.

What business problems are you solving with the product? What benefits have you realized?

Me permite operar con criptomonedas de todo tipo.

What Cryptocurrency Exchanges solution do you use?

Thanks for letting us know!
Poloniex review by User in Internet
User in Internet
Validated Reviewer
Review Source

"Best Crypto Exchange for Business"

What do you like best?

I really enjoy the care they took in designing the UI, specifically when setting up stop-limits and sell-limits, as well as margin trading. It allows for a very robust set of options when executing trades, evaluating charts, and ultimately getting your money back out. I have used a few competitors, namely Binance and Coinbase, and have found more success with Poloniex. The fact they are based in the US helps as well.

What do you dislike?

One issue I encountered was the response to my inquiry for account recovery. The automated ticket told me I'd hear a response in 72 hours, but it took closer to a week before I heard back. This was to recovery my 2FA and was not handled with the urgency I was hoping for.

Recommendations to others considering the product

Weigh the options of using every exchange before making a decision. Poloniex works for me as it offers a lot of tools I need on a daily basis, but some people may not need that level of complexity. Other exchanges offer similar tools but with more approachable UI, so understand what you need in order to be successful. I believe Poloniex offers some standout features and would recommend it to anyone looking to expand their business.

What business problems are you solving with the product? What benefits have you realized?

When you trade cryptocurrency as a form of income, it's important that you can feel confident in your tools. Poloniex has allowed me to set more automation, expanding my business and by leveraging the margin trading, you can earn even more.

Poloniex review by Ryan  G.
Ryan G.
Validated Reviewer
Review Source

"Works well. Could use improvements. "

What do you like best?

Charting library is easy to use, and supports different indicators.

What do you dislike?

Aggragated order book instead or trade history. Need to provide web socket support for ticker data.

What business problems are you solving with the product? What benefits have you realized?

Good API support, so can connect to our platform well

Poloniex review by User
User
Validated Reviewer
Review Source

"Poloniex is definitely work checking out."

What do you like best?

There are 2 main things i like best about Poloniex: the number of trading pairs, and their API.

What do you dislike?

Not their fault, but some pairs have less volume than preferred.

What business problems are you solving with the product? What benefits have you realized?

Easy trading of crypto assets. That was the problem and the benefits.

Kate from G2 Crowd

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* We monitor all Poloniex reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. Validated reviews require the user to submit a screenshot of the product containing their user ID, in order to verify a user is an actual user of the product.