Founded in 2014, Poloniex Exchange is a platform that specializes in cryptocurrency trading, offering a diverse range of trading products such as spot, margin, futures, and exchanges. The platform is backed by Tron Networks founder Yuchen Sun, supports over 350 cryptocurrencies, and has a LaunchBase launch pad to help fund new projects.

Poloniex's key features include a user-friendly mobile app, trading robot, built-in wallet and auto-lending robot. The mobile app integrates TradingView, which provides technical indicators and advanced charting tools for traders at all levels. The platform has a tiered rate structure, with a minimum rate of 0.200% for spot trading and 0.0150% (pending order) and 0.0500% (order taking) for futures trading.

In terms of security, Poloniex utilizes cold wallet storage, two-factor authentication and advanced encryption, and conducts regular security audits. However, the platform suffered a major security breach in November 2023, costing over US$114 million, and has since enhanced its security measures.

Poloniex currently serves more than 70 countries, including Australia and Germany, but does not support the United States, the United Kingdom, and China. Users can use VPN to circumvent the regional restrictions, but should be aware of the associated risks.

New users can enjoy up to $10,000 Welcome Bonus and 10% discount on trading fees. The platform has an overall user rating of 9.4 and is ranked 93rd on CoinMarketCap.

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