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Poloniex Reviews & Product Details

Edward P.
EP
Cryptocurrency Trader
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

What do you dislike about Poloniex?

The only bad thing is he doesn't accept fiat, only cryptocurrencies. Review collected by and hosted on G2.com.

Recommendations to others considering Poloniex:

I recommend Poloniex because it offers a great variety of cryptocurrencies, and they have improved their safety a lot. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Poloniex Overview

What is 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 Details
Languages Supported
English, Russian, Turkish, Vietnamese, Chinese (Simplified), Chinese (Traditional)
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Product Description

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


Seller Details
Seller
Poloniex
HQ Location
N/A
Twitter
@Poloniex
648,534 Twitter followers
LinkedIn® Page
www.linkedin.com
124 employees on LinkedIn®

Landon O.
LO
Overview Provided by:

Recent Poloniex Reviews

Patrick K.
PK
Patrick K.Small-Business (50 or fewer emp.)
0.0 out of 5
"Scammed by false pretences"
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 ...
Moiceanu M.
MM
Moiceanu M.Small-Business (50 or fewer emp.)
0.0 out of 5
"Poloniex it's a scam. Beware!"
I like the thought that i will never use this exchange again.
Dixit P.
DP
Dixit P.Small-Business (50 or fewer emp.)
0.0 out of 5
"Hacking your money.... No secure server.."
Nothing... Be aware... You will end up with losing you all money
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

Poloniex Media

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34 out of 35 Total Reviews for Poloniex

3.5 out of 5
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34 out of 35 Total Reviews for Poloniex
3.5 out of 5
34 out of 35 Total Reviews for Poloniex
3.5 out of 5
G2 reviews are authentic and verified.
Patrick K.
PK
Author
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Recommendations to others considering Poloniex:

Run away with your money Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Dixit P.
DP
Web Developer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Poloniex?

Nothing... Be aware... You will end up with losing you all money Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

What problems is Poloniex solving and how is that benefiting you?

No benifit, you will end up with losing you all money... Be aware... Review collected by and hosted on G2.com.

Moiceanu M.
MM
Senior PHP developer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Poloniex?

I like the thought that i will never use this exchange again. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Recommendations to others considering Poloniex:

If you have a desire to get scamed i recomand Poloniex. Review collected by and hosted on G2.com.

What problems is Poloniex solving and how is that benefiting you?

I stoped using it. Best benefit. Review collected by and hosted on G2.com.

William C. H.
WH
Administrator
Internet
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

EW
Software Programmer
Internet
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

MG
Web programmer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

Karen M.
KM
Senior Director of Marketing
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

What do you dislike about Poloniex?

It does not have good customer service and does not offer the possibility of trading fiat money. Review collected by and hosted on G2.com.

Recommendations to others considering Poloniex:

It is a very reliable and convenient exchange registered, regulated and headquartered in the USA. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Alberto G.
AG
Cryptocurrency Trader
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Carlos P.
CP
Cryptocurrency Trader
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

What do you dislike about Poloniex?

They do not offer the possibility to deposit U.S. dollars and their customer service never answers. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Ignacio L.
IL
Founder, CEO
Internet
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.