Poloniex is a global crypto centralized exchange (CEX) platform backed by Justin Sun, founder of Tron. The exchange provides the following products: spot trading and margin trading, futures trading and perpetual swaps, limit orders, real-time order books, a convenient lending system (P2P lending), crypto staking and a trading terminal.
The exchange lists over 350 cryptocurrencies and tokens, which can be purchased with a bank account, credit or debit card, and ApplePay.
The exchange has an insurance fund and its own crypto community — Poloniex Learn, where guides, educational materials and relevant industry news are available.
The exchange was founded by Tristan D'Agosta (CEO) in early 2013. In 2019, Poloniex spun off its parent company, Circle, to form a new firm, Polo Digital Assets, Ltd., which currently owns the business.
Tristan D'Agosta, also known as Busoni, is a musician with a bachelor's degree from Rutgers University who got into cryptocurrencies, learned to code, and created his own exchange to trade Bitcoin and other digital assets securely. He’s the sole proprietor at Polonius Sheet Music and works for Various as well.
Poloniex has been operating since January 2014. In 2018, Circle Internet Financial Ltd acquired Poloniex at a valuation of around $400M. In 2019, Circle announced that the exchange would spin out, with the acquisition led by Justin Sun.
It was originally based in the U.S. state of Delaware. Currently, the exchange is not available in the United States.
The international exchange has its own geo-restrictions, including the United States, Cuba, Iran, North Korea, Sudan and Syria.
The platform lists over 350 assets and more than 200 trading pairs, including fiat currencies. Users can buy, sell and trade BTC, ETH, USDT, TRX, SOL, XLM, DOGE, SHIB, and more.
Poloniex charges fees according to the maker-taker fee model, where 0.01% is charged for maker fee and 0.075% for taker fee. Commissions are directly related to the 30-day trading volume, traders with large volumes receive discounts. The commission level on the platform starts at 0.155%.
One of the crucial features of Poloniex is margin trading, which allows platform clients to trade with leverage of up to 2.5X. Poloniex Futures offers leverage on all of the Futures products, with leverage up to 100X. Loans at a certain percentage are also available.
| Steps | How it works |
|---|---|
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| Earning Commissions | When someone clicks on your affiliate link and completes a desired action (such as signing up), you earn a commission like a fixed fee per conversion or by percentage of transaction volume. |
| Tracking and Analytics | You can see metrics such as clicks, conversions, and commissions earned. This enhances your marketing campaigns and generates better results. |
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