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What Is Poloniex?
Poloniex is a US-based digital asset exchange that lets you securely trade a diverse range of fiat currencies, cryptocurrencies, and digital tokens. Poloniex is typically the most popular cryptocurrency exchange in any particular 24 hour trading period, which means users enjoy strong liquidity even on more obscure pairs.

In addition to the exchange, Poloniex offers margin trading and lending services.

Poloniex Features
Poloniex offers all the features you’d expect in the world’s most popular cryptocurrency exchange. It lets you easily deposit funds, exchange digital assets, and trade in a peer-to-peer marketplace with low fees. Here are some of the unique features that distinguish Poloniex from other leading exchanges:

Hacker Defense And Cold Storage
Poloniex holds “the vast majority” of consumer deposits offline in air-gaped cold storage. The exchange only keeps enough funds online to facilitate active trading – so even if Poloniex is hacked, there’s minimal risk and exposure for the exchange.

Auditing And Monitoring
Poloniex has an auditing program that monitor exchange activity 24/7/365. The job of the auditors is to report and block any suspicious activity before it becomes a problem.

No Fractional Reserves – Your Funds Are Your Funds
Unlike banks, Poloniex doesn’t use your funds for other activities. Any funds you deposit into the exchange are used to facilitate trading through your bank account. Poloniex does not operate on fractional reserves.

Poloniex Fees
Poloniex, like most exchanges, employs a volume-tiered fee schedule. The more you trade, the less you’ll pay in fees. Volume trading discounts kick in for 31 day trading totals greater than 600 BTC.

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