Poloniex is a popular cryptocurrency exchange for the retail trader. Many beginners have learned how to trade cryptocurrency on the exchange that “ takes the crypto out of crypto”. Since it launched in 2014, however, the exchange’s leading market share has slipped as over 200 exchanges have entered the market. In 2018, Poloniex’s fortunes began to change when social payment company Circle bought it for $400 million. Circle is integrating its payment services and institutional trading with Poloniex’s retail trade platform. Can this one stop crypto trading shop regain a marketing leading position? We have conducted an in-depth review of fees, features, and pros and cons to assess how the newly formed Circle-Poloniex compares to other crypto exchanges. Our conclusion is a fully integrated retail and institutional trading business will allow Poloniex to better compete with improved services, liquidity and pricing. eToro - Our Recommended Crypto Platform Our Rating ASIC, CySEC and FCA regulated - 20 Million Users Worldwide Buy with Bank transfer, Credit card, Neteller, Paypal, Skrill, Sofort Free Demo Account, Social Trading Community Free Secure Wallet - Unlosable Private Key Staking Rewards for holding ETH, ADA or TRX Copytrade Winning Crypto Traders - 83.7% Average Yearly Profit Buy Crypto 68% of retail investor accounts lose money when trading CFDs with this provider. On this Page:Contents [show] What is Poloniex? Poloniex is in the midst of major changes. The unregulated crypto-to-crypto exchange is adding trading features for large traders and plans to become the first regulated crypto exchange in the US. With these changes, Poloniex seeks to regain its perch as a leading crypto exchange. In 2016, Poloniex was a top 10 exchange to buy cryptocurrency. Poloniex, now a division of social payment service Circle, offers over 100 crypto pairs to trade. With the acquisition of Poloniex, Circle is creating a platform for OTC cryptocurrency trading and payments for hedge funds and big banks like JP Morgan and Goldman Sachs, a part owner of Poloniex. Circle has significantly enhanced the offerings of Poloniex. Poloniex began promoting the availability of institutional accounts two months after being bought by Circle. Circle has an active OTC service for institutional traders with monthly volume in excess of $2 billion. Circle Research provides in-depth crypto market analysis and how-to tutorials. The OTC, block trading and other trading resources being introduced by traditional retail crypto exchanges is a clear indication that the most active exchanges are seeing demand from hedge funds and investment banks. The exchange plans to follow the regulated model espoused by New York’s Gemini exchange but also will compete with the deregulated Kraken exchange on the West coast. Poloniex is a top 100 crypto exchange, ranking 83rd with a market cap of $14 million on Coinmarketcap.com. How does the Poloniex exchange work? Poloniex provides cryptocurrency-to-cryptocurrency trading on over 100 pairs, margin trading and lending on a desktop and app. Verified users can apply to list tokens on the Poloniex exchange, which also provides access to large traders through co-listing on the Circle Invest and Circle Trade exchanges. Poloniex is the only exchange to trade and redeem ICO ATOMS. ATOMS are the tokens of Cosmos, a network of interconnected blockchains aiming to solve current blockchain interoperability and scalability challenges. Poloniex will provide BTC and USDC markets in ATOMs. Best Cryptocurrency Exchange in June 2022 Invest$=Paxos StandardPaxos StandardStellarXRPLitecoinEthereumBitcoin CashBitcoinMonaCoinAugurBancor Network TokenGolem Network TokenMakerGnosisAragonBasic Attention TokenStatus Network TokenCrypto.comStorjDecentralandUtrustEnjin CoinChainlinkUSD CoinBitTorrentHedgeTradeQuantCrypto.com Chain TokenMatic NetworkOcean ProtocolAlgorandSwipeOrchid ProtocolMulti Collateral DaiCyberVeinHedera HashgraphUniBrightLoopring0xHiveRevainNervos NetworkSynthetixTetherCompoundCeloKusamaVergeTerraBitcoin GoldSteemKomodoEthereum ClassicZCashVeChainZilliqaTRONTezosSiacoinRavencoinQTUMOntologyOMG NetworkNEONEMMoneroLiskIOTAIOS tokenICON ProjectFantomEOSDogecoinDecredDashCosmosCardanoBitsharesBitcoin SVWavesyearn.financeKyber NetworkPAX GoldKavaBalancerCurve DAO TokenNanoBand ProtocolUMAStoxRENRIF TokenReserve RightsEnergy Web TokenFTX TokenElectroneumCelsius NetworkThorchainAaveSerumSushiBinance CoinHeliumZBChilizElrondAvalancheTomoChainDFI.moneyBitcoin DiamondThetaHuobi TokenBlockstackPolkadotStacksSolaSolanaStratisPlusCoinPolygonMachine Xchange CoinUniswap Protocol TokenHoloWrapped BitcoinThe GraphDaixDai ChainShiba InuSafeMoon1inchThe SandboxAxie Infinity ShardsHoge FinanceAlien WorldsYield Guild GamesAnkr NetworkAPI3AmpLivepeerMy Neighbor AliceOrigin ProtocolHydro ProtocolOasis LabsRaydiumIlluviumRender TokenGalaTravalaPancakeSwapEthernity ChainHarmonyCartesiImpactiEx.ecNumeraireaelfABBC CoinArdorAmpleforthArweaveWorldwide Asset eXchangeHorizenBytomGatechain TokenJUSTHyperCashNEXOFloki InuRefreshMore Filters1 Providers that match your filtersSort ByRatingRatingPrice1 Providers that match your filters Payment methodsCredit CardGiropayNetellerPaypalSepa TransferSkrillSofortFeaturesInstant VerificationFor BeginnersWallet ServiceMobile AppUsabilityVery GoodGoodAverageBadSupportVery GoodGoodAverageBadFees0 or betterSafety0 or betterCoin selection0 or betterRating0 or betterClear FilterRatingfor $1000 you get0.0471 BTCFeaturesEasiest to depositMost regulatedCopytrade winning investorsFeesSafetyCoin selectionfor $1000 you get0.0471 BTCBuy CryptoRead Review68% of retail CFD accounts lose money.FeaturesPayment methods Best Poloniex Alternatives Visit Site68% of retail CFD accounts lose money.Visit Site74% of retail investor accounts lose money when trading CFDs with this provider.Visit SiteThe price and value of any investment in digital asset products can fluctuate.Visit SiteThe traded price of digital tokens can fluctuate greatly within a short period of time.Visit SiteMarket prices for digital tokens can be volatile and highly unpredictable.Visit SiteAs with any asset, the values of digital currencies may fluctuate significantly.Visit SiteThe value of digital currencies can go up or down frequently.Visit Site71% of retail CFD accounts lose money.Visit SiteAs prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.Rating5.04.74.74.64.54.44.34.14.0Mobile App Rating10/109/109/108/108/109/109/109/1010/10FeaturesMobile AppWalletNumber of Coins14059223413535915115FeesTrading FeesSpreadsSpreads0.1%0.1%0.1%0.1%0.50%Spreads0.2%Deposit FeesN/AN/AN/AN/AN/AN/AN/AN/AN/AWithdrawal Fees$5N/A0.0005 BTCN/AN/AN/AN/AN/AN/AExtrasRegulatedASIC, CySEC, FCACySECN/AN/AN/AFCAFCACBI, MiFIDN/AMin. Deposit$50100 EURN/AN/A$10$10$2$100N/ALeveraged TradingN/AN/A1 - 100x1 - 100x1 - 10x1 - 100xN/A1 - 30x1-200xLatest Prices (per Coin)Bitcoin$21222.63$21305.39$21236.43$40391.88$40393.04$40404.41$40416.27$21294.78$40377.55Ethereum$1247.39$1232.70$1225.05$2796.11$2795.55$2797.45$2796.59$1228.41$2795.54XRP$0.38$0.37N/A$0.23N/A$0.78$0.30$0.37$0.78Tether$1.00N/A$1.00$1.00N/AN/A$1.00N/AN/ALitecoin$56.85$56.07N/A$109.04N/A$109.10$109.04$56.12$108.99Bitcoin Cash$116.08$115.40N/A$506.41N/A$295.12$295.07$115.34$294.96Chainlink$7.33$7.27N/A$14.26N/A$14.68$14.67$7.36$14.68Cardano$0.51$0.51N/A$0.83N/A$0.83$0.83N/A$0.83IOTA$0.32$0.31$0.31N/A$0.70$1.91$1.91$0.31$0.70Binance Coin$245.93$240.29$240.23N/AN/A$385.92N/AN/AN/AStellar$0.13$0.13N/A$0.19$0.08$0.19