# Poloniex Reviews **Vendor:** Poloniex **Category:** [Cryptocurrency Exchanges](https://www.g2.com/categories/cryptocurrency-exchanges) **Average Rating:** 3.5/5.0 **Total Reviews:** 36 ## About Poloniex Poloniex is one of the oldest and most trusted crypto exchanges in the industry! Founded in 2014, security, new features, and user interface are some of our top priorities. Create an account today to trade Futures, Spot, Margin, alt-coins, and much much more! ## Poloniex Pros & Cons **What users like:** - Users value the **high passive returns** from savings on Poloniex, enhancing their crypto investment experience without frequent trading. (1 reviews) - Users appreciate the **high passive returns** from holding crypto in savings, enhancing their sense of security while saving. (1 reviews) **What users dislike:** - Users note the **limited cryptocurrency options** on Poloniex, preferring a wider selection for trading flexibility. (1 reviews) - Users feel the **limited options** for coins on Poloniex restrict their trading variety despite some benefits. (1 reviews) ## Poloniex Reviews ### 1. Crypto exchange with big savings features **Rating:** 4.5/5.0 stars **Reviewed by:** Angel B. | Customer Support Supervisor, Small-Business (50 or fewer emp.) **Reviewed Date:** October 09, 2025 **What do you like best about Poloniex?** In my opinion, the best feature is the ability to hold crypto in savings and earn high passive returns. There's no need to trade frequently to see gains, which makes it feel safer if you simply focus on saving. **What do you dislike about Poloniex?** There aren't too many coins supported, which is actually a positive aspect since it helps protect you from being scammed by worthless coins. However, I would still prefer to have a wider selection of options available. **What problems is Poloniex solving and how is that benefiting you?** What stands out to me is that this is a reliable platform where you can securely store your cryptocurrencies. ### 2. Scammed by false pretences **Rating:** 0.0/5.0 stars **Reviewed by:** Patrick K. | Author, Small-Business (50 or fewer emp.) **Reviewed Date:** March 08, 2022 **What do you like best about Poloniex?** None. They deceitfully withhold information about hidden costs before you enter a deal with them. After the deal you won't withdraw before you are asked to pay some insurance costs not previously mentioned **What do you dislike about Poloniex?** Deceitful. They are rabid liers just to scam you of your bitcoin. They claim they have no hidden costs yet they reveal them when you ready to withdraw. **Recommendations to others considering Poloniex:** Run away with your money **What problems is Poloniex solving and how is that benefiting you?** I wanted to trade bitcoin with them. After receiving R4800 worth of bitcoin, they asked for a further R300 before they could deposit the profit. I didn't pay because l didn't have. ### 3. Hacking your money.... No secure server.. **Rating:** 0.0/5.0 stars **Reviewed by:** Dixit P. | Web Developer, Small-Business (50 or fewer emp.) **Reviewed Date:** February 07, 2021 **What do you like best about Poloniex?** Nothing... Be aware... You will end up with losing you all money **What do you dislike about Poloniex?** You guys do lots of confirmation for any withdrawal to any external wallet. So how It was stolen from my account without any email confirmation so it's something stolen due to lack of server security. I read lots of complaints and news that the poloniex server got hacked around the end of Dec 2020. Now you guys just keep saying that it's just due to a client side attack, but not taking full responsibility and paying my hard earned money. Even no reply coming, very worst service and I got feel like poloniex taking user money and doing fraud. **What problems is Poloniex solving and how is that benefiting you?** No benifit, you will end up with losing you all money... Be aware... ### 4. Poloniex it's a scam. Beware! **Rating:** 0.0/5.0 stars **Reviewed by:** Moiceanu M. | Senior PHP developer, Small-Business (50 or fewer emp.) **Reviewed Date:** April 16, 2021 **What do you like best about Poloniex?** I like the thought that i will never use this exchange again. **What do you dislike about Poloniex?** They are running a huge scam. Most of the coins that are gaining value are having the wallets disabled. You cannot withdraw the coins but you can sell them on the exchange at 25% under the market price. This way you are forced to wait or take a 25% loss from you money. Run away from this scam. The support it's awfull and if you are using the trollbox for any complaint you are warned that you will be banned. **Recommendations to others considering Poloniex:** If you have a desire to get scamed i recomand Poloniex. **What problems is Poloniex solving and how is that benefiting you?** I stoped using it. Best benefit. ### 5. Very good exchange, with lots of coins. **Rating:** 4.5/5.0 stars **Reviewed by:** William C. H. | Administrator, Internet, Small-Business (50 or fewer emp.) **Reviewed Date:** March 15, 2019 **What do you like best about Poloniex?** Poloniex is one of the best exchange that I have used, I remember it was the first one that I used, when I started in the world of cryptocurrencies, this exchange has always counted, with a large amount of coins, which allows to make different investments, and distribute the money in a better way, also the new icon currencies, which are sustainable, are always first hand in poloniex, which allows to make early investments of these currencies, and make much more money, in other exchanges you will find many more coins new, but of dubious origin, poloniex before entering a new currency, makes a meticulous study, especially what covers that currency, to be sure they, and their clients that is not a scam. **What do you dislike about Poloniex?** the support is very limited, there is no live chat where one can communicate, for any inconvenience that may arise, with some transaction, that I think is one of the biggest problems of this exchange, and I think it should be improved soon, when you invest money in this type of business, you know there is some risk, that is why support is vital, also another point that should be improved is the income of money, to the platform with different means, it cannot be that after so many years, to go online, even if you can not enter a balance, for another type of media, that is not a cryptocurrency. **Recommendations to others considering Poloniex:** one of the best exchanges in the market, with hundreds of currencies to negotiate, low rates of commissions, highly recommended. **What problems is Poloniex solving and how is that benefiting you?** We operate as a physical bitcoin store, where our customers can buy with different means of payment, all kinds of cryptocurrencies, thanks to poloniex, we can offer an endless number of currencies, for all tastes, which broadens our business spectrum, the advantage of poloniex, is that it offers us prices, according to the market, and withdrawals and transactions with different currencies, are very economical, which allows us to negotiate, with them, and obtain better benefits. ### 6. Great exchange with tons of coins **Rating:** 4.0/5.0 stars **Reviewed by:** Erwin W. | Software Programmer, Internet, Small-Business (50 or fewer emp.) **Reviewed Date:** March 05, 2019 **What do you like best about Poloniex?** The best thing about the exchange is its simple interface that shows the most important thing that a user needs to buy or sell cryptocurrencies, the interface is very fluid and is not overloaded, the use of cpu and ram is normal. This is very important because there are other exchanges that saturate the user's screen and although its interface is very beautiful, its consumption of resources is high. In addition poloniex offers the best currencies that currently exist and continuously eliminate those that are abandoned by the development teams. Another important aspect that few exchanges have is the possibility of making margin trading this means being able to operate with an amount 10 times higher than the funds in your account, which translates into higher profits and possibly also higher losses if you do not succeed in your decision. **What do you dislike about Poloniex?** -I miss the chat that used to be in the exchange, it was something that gave the exchange personality. The trollbox was an identity sign when this exchange was the one with the highest volume. -They are eliminating some cryptocurrencies that are still in operation and development, I think it is an error because although its volume is low, there are still people who maintain that token and doing this they incur losses. **Recommendations to others considering Poloniex:** I recommend using poloniex to those people who are looking for an exchange with a high volume for almost any currency and have the possibility to withdraw USDT or USDC. If you are looking for an exchange with low fees for sale or purchase and even for deposits or withdrawals I suggest Poloniex. **What problems is Poloniex solving and how is that benefiting you?** Sometimes my clients pay me using Bitcoin and other cryptocurrencies so I need to sell them to convert them to USD. I am using poloniex as an exchange for these sales because their fees are too low to make withdrawals. ### 7. Excellent cryptocurrency exchanger in the cloud **Rating:** 4.5/5.0 stars **Reviewed by:** Miguel G. | Web programmer, Mid-Market (51-1000 emp.) **Reviewed Date:** February 05, 2019 **What do you like best about Poloniex?** It seems to me an excellent platform for the safe exchange of cryptocurrencies, besides being very easy to use. Previously they did not have an application for smart phones, but they have already implemented an application and it works perfectly. I like its management of the security and the large amount of cryptocurrencies that can be handled. It has low commissions, although there are actually platforms with lower commissions. I also like the authentication by two factors, this gives greater integrity and security to the entire web platform. And it also has APIs for external uses, although they are a bit complicated to use. It is a great platform **What do you dislike about Poloniex?** I do not like your web application design, the look really looks old, although it really is quite functional and simple. At one time you had problems to accept registrations of new members, but already that problem was solved and it seems to me very good platform **Recommendations to others considering Poloniex:** I highly recommend the cryptocurrency enthusiasts to use this platform, it really seems comfortable and safe. In addition to having a large number of cryptocurrencies that can be bought and sold without any limit. The limits are in withdrawals according to the level of verification of each account. **What problems is Poloniex solving and how is that benefiting you?** It has helped in the company to achieve many purchases through cryptoactives, the truth is achieved very easily, the platform has relatively high retirement commissions, but within the platform the exchange is really economical ### 8. Crypto-crypto exchange platform **Rating:** 4.5/5.0 stars **Reviewed by:** Karen M. | Senior Director of Marketing, Small-Business (50 or fewer emp.) **Reviewed Date:** February 22, 2019 **What do you like best about Poloniex?** Poloniex has a great reputation, is a crypto-crypto exchange platform, offers more than 100 altcoins to trade 5 base currencies, the fees it charges decrease as the trader increases the volume of his trades, stores the funds of his users offline in a cold wallet and is a registered and regulated company. **What do you dislike about Poloniex?** It does not have good customer service and does not offer the possibility of trading fiat money. **Recommendations to others considering Poloniex:** It is a very reliable and convenient exchange registered, regulated and headquartered in the USA. **What problems is Poloniex solving and how is that benefiting you?** It allows me to access many new and profitable cryptocurrencies, keep my investment portfolio moving and constantly changing. ### 9. Stores the funds in a cold wallet offline and gives the option to use 2-factor authentication. **Rating:** 4.5/5.0 stars **Reviewed by:** Alberto G. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 26, 2019 **What do you like best about Poloniex?** Poloniex is an exchange that only offers crypto-crypto transactions, is one of the safest I know as it is a registered company, regulated and based in USA, offers more than 100 altcoins to trade in 5 markets (BTC / ETH / XMR / USDDT / USDDC), stores the funds in a cold wallet offline and gives the option to use 2-factor authentication. **What do you dislike about Poloniex?** It does not allow trading in fiduciary currencies so you must go to another exchange if you want to use your credit card or bank account. **Recommendations to others considering Poloniex:** It's a platform that your users describe as very safe and reliable, I've made big investments in it and I've made good profits. **What problems is Poloniex solving and how is that benefiting you?** Poloniex gives me access to new digital currencies with good volume, allows me to offer my clients a variety of options to invest. ### 10. One of the safest and most reliable crypto-crypto exchanges **Rating:** 4.0/5.0 stars **Reviewed by:** Carlos P. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 12, 2019 **What do you like best about Poloniex?** Poloniex is one of the safest and most reliable crypto-crypto exchanges founded in the USA, it requires 2-factor authentication for API use and for withdrawals, it has audit programs that block suspicious activity and most of the funds are stored cold and offline. **What do you dislike about Poloniex?** They do not offer the possibility to deposit U.S. dollars and their customer service never answers. **Recommendations to others considering Poloniex:** It is a regulated company and therefore totally serious and safe, allows access to very interesting currencies and very good profits. **What problems is Poloniex solving and how is that benefiting you?** Supports more than 65 cryptocurrecies which allows me to constantly update and vary investments, allows access to almost unknown and very profitable coins. ### 11. Excellent exchanger for cryptocurrencies and trading **Rating:** 4.5/5.0 stars **Reviewed by:** Ignacio L. | Founder, CEO, Internet, Mid-Market (51-1000 emp.) **Reviewed Date:** January 18, 2019 **What do you like best about Poloniex?** I think the amount of cryptoactives that exist in this platform is excellent, in turn the platform is very friendly and easy to use for trading and normal exchange operations Another positive point is the security of your platform against hacker attacks, since these platforms are very attacked, and these are really resistant against any type of attack. Finally, they also managed to get their mobile application out of the platform, since it is very important for many users to have this application on their phone **What do you dislike about Poloniex?** I do not like that some commissions are higher than the other exchangers, but it is compensated by the excellent quality of service provided by this company. Another point that I do not like are the slow processes for identity verification, I think they should be faster **Recommendations to others considering Poloniex:** Poloniex is a good company, I believe that they are on track and making a constant improvement of their products and services. That is important is a company, to be able to make this constant improvement. They are also always expanding and renewing their portfolio of cryptoactives, in order to offer the public the most novel and important cryptoactives, allowing all clients to choose which portfolio of cryptoactives to have **What problems is Poloniex solving and how is that benefiting you?** One of the problems that could be solved with this platform was to be able to buy criptoactives from BTC, in order to have a wide portfolio of these or obtain long-term profits ### 12. Secure, fast exchange with wide variety of crypto-currencies **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Investment Management | Small-Business (50 or fewer emp.) **Reviewed Date:** January 18, 2019 **What do you like best about Poloniex?** Poloniex seems to put forth substantial effort to ensure their platform is private and secure. They provide TOTP for multi-factor authentication, which is far more secure than SMS. They provide access to many crypto-currencies, and the fees are very reasonable (frequently as low as 0.1%). **What do you dislike about Poloniex?** I wish Poloniex would provide secondary currency support, particularly in charts. Users wanting to evaluate trade ideas, currency movement, etc. in terms of US dollar, for example, are on their own to do the necessary calculations. Additionally, customers needing to convert crypto-currencies to fiat (i.e., USD) need to transfer them to another exchange. This transfer involves additional fees. Finally, some may not like that Poloniex does not offer mobile device applications such as an iPhone app. I personally find this attractive, because it helps them maintain very high security. **What problems is Poloniex solving and how is that benefiting you?** Poloniex provides a good exchange for trading crypto-currencies. Their focus on security is evident, and gives me better peace of mind than other exchanges. ### 13. The most prestigious U.S. crypto exchange **Rating:** 4.0/5.0 stars **Reviewed by:** Justin H. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 03, 2019 **What do you like best about Poloniex?** Poloniex is the most prestigious U.S. crypto exchange, accepting transactions from all countries in the world, after the 2014 attack have invested a lot in security and managed to improve their reputation again, allows to operate with leverage and has a huge variety of cryptocurrecies available. **What do you dislike about Poloniex?** The website is slow, customer support is very bad and does not accept fiat currencies. **Recommendations to others considering Poloniex:** Poloniex is an excellent exchange with low rates and fast transactions, offering security and reliability. **What problems is Poloniex solving and how is that benefiting you?** Poloniex gives me access to more than 100 different altcoins to trade and is accepted in more than 200 countries and has a lending and margin trading platform. ### 14. Fees that drop as you trade more on the platform. **Rating:** 4.0/5.0 stars **Reviewed by:** Carla M. | Crypto Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 23, 2019 **What do you like best about Poloniex?** Poloniex is an exchange based in USA, with an impeccable reputation and high security, keeps 90% of its funds offline, offers 2-factor authentication, access to over 100 altcoins, analysis tools, fees that drop as you trade more on the platform. **What do you dislike about Poloniex?** Sometimes they have delays in the deposits and the website gets a bit slow. **Recommendations to others considering Poloniex:** It is worth trying this platform, it is very convenient when you trade high volumes. **What problems is Poloniex solving and how is that benefiting you?** In the platform of Poloniex I can find many new altcoins, I like to try these coins because they are usually profitable, but not always. ### 15. US Exchange done RIGHT **Rating:** 5.0/5.0 stars **Reviewed by:** V S. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** January 18, 2019 **What do you like best about Poloniex?** First of all, I LOVE the dark theme. I really appreciate how you can see your balances and transactions on a single page. The added security of approving a transaction is phenomenal and should be standard in crypto. **What do you dislike about Poloniex?** My only wish is that users can purchase cryptocurrencies with fiat directly from the platform and not need to do so with a third party. If that service were offered it would make the platform standout as a competitor to other exchanges. **Recommendations to others considering Poloniex:** My only recommendation is that all new users transfer BTC or USDT to the exchange PRIOR to buying or selling. **What problems is Poloniex solving and how is that benefiting you?** Poloniex solves the issue of finding a trustworthy US crypto exchange. ### 16. More than 100 altcoins available to trade **Rating:** 4.0/5.0 stars **Reviewed by:** Moe G. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 10, 2019 **What do you like best about Poloniex?** Poloniex is an exchange founded in 2014 in the U.S., has more than 100 altcoins available to trade, has a very high liquidity, fees are low and does not charge for deposits and withdrawals, offers 2-factor authentication and stores funds offline and in a cold storage. **What do you dislike about Poloniex?** Their customer support is very bad and they do not offer as an alternative the deposit and withdrawal of dollars. **Recommendations to others considering Poloniex:** Poloniex is a famous exchange for its security and extensive list of cryptocurrencies it allows. **What problems is Poloniex solving and how is that benefiting you?** It allows me to trade with cryptocurrencies easily, quickly and safely, their safety is the most remarkable. ### 17. A clean and sensitive design **Rating:** 4.0/5.0 stars **Reviewed by:** Jeremy H. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 17, 2019 **What do you like best about Poloniex?** Poloniex is a reliable exchange, is a U.S. registered and regulated company, offers a clean and sensitive design, allows trading with more than 100 altcoins with commissions of the lowest in the market, deposits and withdrawals without charge. **What do you dislike about Poloniex?** It doesn't offer an app for android and the customer service is terrible. **Recommendations to others considering Poloniex:** It has the best fees and is a regulated exchange, its users highlight its security. **What problems is Poloniex solving and how is that benefiting you?** It is an exchange that allows me to access altcoins that are not available on other platforms and offers me speed and security in my transactions. ### 18. A regulated exchange **Rating:** 4.0/5.0 stars **Reviewed by:** Margareth C. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 16, 2019 **What do you like best about Poloniex?** Poloniex is a platform for exchanging digital assets and with a security that is one of the best, is a regulated company, offers a good amount of cryptocurrencies, a wallet, graphs for analysis and intelligent investments and low commissions. **What do you dislike about Poloniex?** Sometimes there are problems with withdrawals, customer support doesn't work well. **Recommendations to others considering Poloniex:** After the attack in 2014 Poloniex recovered quickly and today is one of the most reliable platforms. **What problems is Poloniex solving and how is that benefiting you?** It is a great exchange, it is a reliable and regulated company that offers more than 80 digital currencies to trade. ### 19. Huge list of cryptocurrencies **Rating:** 4.5/5.0 stars **Reviewed by:** Candy R. | Crypto Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** January 28, 2019 **What do you like best about Poloniex?** I like that you can trade with leverage, has a huge list of cryptocurrencies that you can access in Poloniex and has a stop-limit to reduce risks, allows me to diversify the cryptomonedas portfolio of my clients and get better results. **What do you dislike about Poloniex?** It has a very bad customer service and the web loads very slow. **Recommendations to others considering Poloniex:** I recommend this platform for the amount of cryptocurrencies offered to its users, have greatly improved security after the attack of 2014. **What problems is Poloniex solving and how is that benefiting you?** Help my company to exchange easily and quickly a wide variety of cryptocurrencies, fits the needs of my customers. ### 20. Fewer Markets, But good reputation **Rating:** 2.0/5.0 stars **Reviewed by:** Verified User in Computer Software | Small-Business (50 or fewer emp.) **Reviewed Date:** December 25, 2018 **What do you like best about Poloniex?** Poloniex is knowned for its security. The platform offers 2FA mechanism using the Google authenticator. There are various altcoins to trade, margin trading is also available and trading fees go as high as 0.25% The platform is relatively fast on mobile devices **What do you dislike about Poloniex?** The platform does not offer a native mobile app as other exchanges such as Coinbase, Binance, etc. I personally complaining to the company via email for a lack of support on the platform. The platform is also well known for it's pump & dump culture which favors day trading rather than swing traders. The mobile web app needs a serious redesign in order to make it more appealing and easy to navigate on mobilr devices. **What problems is Poloniex solving and how is that benefiting you?** I use Poloniex to diversify my portfolio of crypto assets. In certain markets, it's more advantageous for me to trade on Poloniex because certain coins are cheaper to acquire. ### 21. my verification is awaiting 2 years **Rating:** 0.0/5.0 stars **Reviewed by:** Bakur S. | Product Owner, Information Technology and Services, Small-Business (50 or fewer emp.) **Reviewed Date:** June 29, 2019 **What do you like best about Poloniex?** interface, only interface but other is nothing **What do you dislike about Poloniex?** when i try to make verification to trade, theu awaiting me 2 years, and next i never used this portal. **Recommendations to others considering Poloniex:** time is best things ,what we have. and be careful you time ! **What problems is Poloniex solving and how is that benefiting you?** nothing, i have once problem, about verification but support reaction is zero. ### 22. Four base cryptocurrencies. **Rating:** 4.5/5.0 stars **Reviewed by:** Edward P. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** January 29, 2019 **What do you like best about Poloniex?** I like Poloniex because it has more than 75 cryptocurrencies available, also 4 base cryptocurrecies are used to exchange which makes the exchange experience more comfortable and inexpensive while other platforms only offer 2. **What do you dislike about Poloniex?** The only bad thing is he doesn't accept fiat, only cryptocurrencies. **Recommendations to others considering Poloniex:** I recommend Poloniex because it offers a great variety of cryptocurrencies, and they have improved their safety a lot. **What problems is Poloniex solving and how is that benefiting you?** Poloniex is a good exchange platform, deposits and withdrawals usually take 30min, it has graphics that help a lot to keep informed about the cryptocurrencies available. ### 23. Interface very clean and user friendly **Rating:** 4.5/5.0 stars **Reviewed by:** Manuel A. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 11, 2019 **What do you like best about Poloniex?** Poloniex was released in 2014 and has users all over the world, its interface is very clean and user friendly, it does not charge for deposits and withdrawals, it has 2-factor authentication and stores almost all backgrounds offline for security. **What do you dislike about Poloniex?** It does not allow trading in fiat currencies and its customer service is very poor. **Recommendations to others considering Poloniex:** Poloniex is an excellent exchange that allows you to trade digital currencies easily and quickly. **What problems is Poloniex solving and how is that benefiting you?** Offers over 100 digital currencies, allows margin trading and very low fees. ### 24. Has a great reputation **Rating:** 4.0/5.0 stars **Reviewed by:** Michel A. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** January 26, 2019 **What do you like best about Poloniex?** Poloniex is excellent and safe, offers a lot of cryptocurrencies to trade, has a great reputation in the market for its security, also allows to trade on margin which is not very common on these platforms. **What do you dislike about Poloniex?** Customer support is very poor and the website loads very slowly. **Recommendations to others considering Poloniex:** I consider Poloniex a powerful tool for digital currency exchange, it offers excellent and detailed charts on each currency. **What problems is Poloniex solving and how is that benefiting you?** It allows me to trade on margin and exchange cryptocurrencies quickly although the web is a bit complicated to understand at first. ### 25. Allows access to more than 150 countries, more clients. **Rating:** 4.0/5.0 stars **Reviewed by:** Mark J. | Head of Artificial Intelligence, Small-Business (50 or fewer emp.) **Reviewed Date:** February 05, 2019 **What do you like best about Poloniex?** Poloniex was founded in 2014, most of its users are in the USA but the platform allows access to more than 150 countries, is a fairly complete and secure exchange of cryptocurrecies, fees are relatively low, regarding security I like the cold storage of funds offline and the authentication of 2 factors. **What do you dislike about Poloniex?** Their customer support never solves anything and they should offer the option to trade fiat currencies. **Recommendations to others considering Poloniex:** Poloniex is a great exchange, for its security has earned a good reputation, also allows trading with some cryptocurrencies almost unknown. **What problems is Poloniex solving and how is that benefiting you?** It allows me to trade between cryptocurrencies of high and low volume, there are always novelties, it achieves a large margin of profitability to trade in Poloniex. ### 26. A reputable exchange provider for complex transactions in the field of cryptocurrencies **Rating:** 4.5/5.0 stars **Reviewed by:** itaska r. | Bitcoin Trader, Utilities, Small-Business (50 or fewer emp.) **Reviewed Date:** March 02, 2019 **What do you like best about Poloniex?** Each exchange rate is 0.25% of the exchange value. This means that the fee for large and small exchanges is fixed. **What do you dislike about Poloniex?** This is due to the slowness of customer support in this currency exchange broker, which prompts traders to pay more careful attention to protecting their accounts. **Recommendations to others considering Poloniex:** This exchange is very popular among Americans and offers exchanges with the best speed and security. **What problems is Poloniex solving and how is that benefiting you?** Poloniex offers more advanced exchange features than Bittrex. These features include (margin trading) and build / receiver exchanges, so it's not recommended for beginner users. ### 27. Funds are stored offline in a cold and airtight storage. **Rating:** 4.5/5.0 stars **Reviewed by:** Malcom E. | Cryptocurrency Trader, Small-Business (50 or fewer emp.) **Reviewed Date:** February 09, 2019 **What do you like best about Poloniex?** Poloniex is an exchange based in the United States, offers advanced trading tools, maximum security with 2-factor authentication and most of the user's funds are stored offline in a cold and airtight storage. **What do you dislike about Poloniex?** The only thing I find wrong with Poloniex is that it does not allow trading in dollars, euros or pounds. **Recommendations to others considering Poloniex:** I recommend Poloniex because it is a company regulated by North American laws, has a good amount of cryptocurrencies to trade and charges very low fees. **What problems is Poloniex solving and how is that benefiting you?** Poloniex is a very secure exchange that allows me to access more than 70 altcoins with really low commissions. ### 28. Great place to start trading cryptocurrency **Rating:** 4.0/5.0 stars **Reviewed by:** Nathan S. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** January 17, 2019 **What do you like best about Poloniex?** Poloniex is a perfect exchange for merchants that wish to convert one cryptocurrency to a different, lend digital token or trade on margin. It offers a hundred's of crypto coins to exchange or trade with and they've got a unique tool that allows users to analyze the cryptocurrency market before they start a new trades. **What do you dislike about Poloniex?** There is a selection of points Poloniex might fix including; long withdrawal times, lacking technical assistance, no fiat to cryptocurrencies trading (just crypto to crypto), long verification wait times, problems with accessing the site as a result of technical problems. **What problems is Poloniex solving and how is that benefiting you?** Trading cryptocurrencies and margin lending ### 29. Poloniex is an exchange for those that love altcoins and margin trading. **Rating:** 1.0/5.0 stars **Reviewed by:** Sabah B. | Brand Ambassador / Content Marketer, Small-Business (50 or fewer emp.) **Reviewed Date:** December 04, 2018 **What do you like best about Poloniex?** A great thing about Poloniex is that is offers a large variety of altcoins along with margin trading for them. **What do you dislike about Poloniex?** 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 Poloniex:** Only use for altcoin margin trading **What problems is Poloniex solving and how is that benefiting you?** Poloniex provides altcoin margin trading. ### 30. Reliable app and site **Rating:** 5.0/5.0 stars **Reviewed by:** Vaschni S. | Founder, Telecommunications, Small-Business (50 or fewer emp.) **Reviewed Date:** January 18, 2019 **What do you like best about Poloniex?** I like how simple the platform is. The app is awesome. **What do you dislike about Poloniex?** I wish the charts were simpler it takes a second to understand the timeframes. **What problems is Poloniex solving and how is that benefiting you?** It helps me find an easy exchange that is on US soil. ### 31. Versatile Friendly Crypto Exchange **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Public Relations and Communications | Small-Business (50 or fewer emp.) **Reviewed Date:** January 19, 2019 **What do you like best about Poloniex?** The exchange is straightforward and simple to use and provides a significant amount of information. The trading rates provided by Poloniex are fair and competitive. **What do you dislike about Poloniex?** The interface is somewhat simplistic and can be slightly clunky when compared to other similar sites. It could use additional features to more effectively graph information. **What problems is Poloniex solving and how is that benefiting you?** Using Poloniex provides the ability to move between crypto currencies in a fluid manner. ### 32. Poloniex is one of the best exchanges that exist currently. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Computer Software | Mid-Market (51-1000 emp.) **Reviewed Date:** July 20, 2018 **What do you like best about Poloniex?** The platform is quite easy to use, they handle a good number of different cryptocurrencies and on the other hand, they take security very seriously, so they only add cryptocurrencies that have demonstrated a certain solidity, thus avoiding scams and frauds. It easily interconnects with other tools to use its data in cases like graphical analysis or tracking where existing functionalities fall short. **What do you dislike about Poloniex?** The graphical analysis section could improve a lot; it lacks tools and functionalities that allow for quick analysis. Currently, I prefer to use another tool for graphical analysis when trading with Poloniex. Another example is that to track prices and operations, it is essential to use other tools. **Recommendations to others considering Poloniex:** Excellent tool for cryptocurrency market analysis. Its solidity and track record provide the necessary security and confidence to work with Poloniex. **What problems is Poloniex solving and how is that benefiting you?** It allows me to operate with all kinds of cryptocurrencies. ### 33. Works well. Could use improvements. **Rating:** 2.5/5.0 stars **Reviewed by:** Ryan G. | Mid-Market (51-1000 emp.) **Reviewed Date:** December 12, 2018 **What do you like best about Poloniex?** Charting library is easy to use, and supports different indicators. **What do you dislike about Poloniex?** Aggragated order book instead or trade history. Need to provide web socket support for ticker data. **What problems is Poloniex solving and how is that benefiting you?** Good API support, so can connect to our platform well ### 34. Reliable site, but there are more popular ones out there now. **Rating:** 1.5/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** January 18, 2019 **What do you like best about Poloniex?** I liked it had been around for a while and was reliable. There are definitely ones that are more popular and have more liquidity now. **What do you dislike about Poloniex?** Probably the last of updates and it seems less user centric. **What problems is Poloniex solving and how is that benefiting you?** It was an easy place to buy and trade. ### 35. Best Crypto Exchange for Business **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Internet | Mid-Market (51-1000 emp.) **Reviewed Date:** April 27, 2018 **What do you like best about Poloniex?** 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 about Poloniex?** 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 Poloniex:** 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 problems is Poloniex solving and how is that benefiting you?** 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. ### 36. Poloniex is definitely work checking out. **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Health, Wellness and Fitness | Small-Business (50 or fewer emp.) **Reviewed Date:** October 31, 2018 **What do you like best about Poloniex?** There are 2 main things i like best about Poloniex: the number of trading pairs, and their API. **What do you dislike about Poloniex?** Not their fault, but some pairs have less volume than preferred. **What problems is Poloniex solving and how is that benefiting you?** Easy trading of crypto assets. That was the problem and the benefits. ## Poloniex Discussions - [Bull and bear token..](https://www.g2.com/discussions/bull-and-bear-token) - 1 comment, 1 upvote - [How do I withdraw money from Poloniex?](https://www.g2.com/discussions/how-do-i-withdraw-money-from-poloniex) - 2 comments - [View Poloniex pricing details and edition comparison](https://www.g2.com/products/poloniex/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-14+16%3A17%3A29+-0500&secure%5Bsession_id%5D=f1047eb6-00f5-4e54-868a-1e9a402a3db8&secure%5Btoken%5D=f5819cf04687d6c7c269fe1ef8c8cf68635b53ced274619239240a1a69b40ea7&format=llm_user) ## Top Poloniex Alternatives - [Binance](https://www.g2.com/products/binance/reviews) - 4.0/5.0 (193 reviews) - [UPHOLD](https://www.g2.com/products/uphold/reviews) - 4.1/5.0 (84 reviews) - [Coinbase Exchange](https://www.g2.com/products/coinbase-exchange/reviews) - 3.8/5.0 (121 reviews)