Poloniex is a centralized cryptocurrency exchange ranked #21 globally by trading volume. Over the last 24 hours, it recorded $536 million** in trades, with a weekly volume exceeding **$544 billion. The platform supports 767 cryptocurrencies, 36 fiat currencies, and 850 trading pairs, with BTC/USDT being its most active market.
Key Features of Poloniex
Exchange Overview
- Type: Centralized Exchange (CEX)
- Launch Year: 2014
- Headquarters: Seychelles
- Supported Markets: 100+ countries (excluding the U.S. since 2019)
- Notable First: First exchange to list ETH-forked tokens
Account Tiers
- Level 1: Basic access (email/password signup)
- Level 2: Full features (requires KYC verification)
Trading Options
- Spot trading (500+ pairs)
- Derivatives (perpetual futures with up to 100x leverage)
- Margin trading (2.5x leverage)
Fee Structure
- Spot Trading: Six-tier maker-taker model (0.014%–0.155%)
- Futures Trading: Fixed fees (0.01% maker / 0.075% taker)
- Discounts: TRX holders receive reduced fees
VIP Programs
- Poloniex Plus: Silver/Gold tiers with zero maker fees
- Market Maker Program: Custom rebates for institutional traders
Advanced Trading Systems
In August 2022, Poloniex upgraded its infrastructure to enhance transaction speed and stability. Key integrations include:
- Tron (TRX) Ecosystem: Discounts for USDD/TRX traders
- SunSwap: TRC-20 token swaps via TRON’s protocol
- Leaderboard Campaigns: Gamified trading competitions
👉 Explore Poloniex’s trading platform
Additional Services
LaunchBase
- Hosts token sales for new and pre-launch assets (coins, tokens, NFTs)
APENFT Marketplace
- Supports ERC-721/TRC-721 NFT minting and trading
Staking
- Earn rewards by staking TRX, BTT, or USDD (no fees)
Company History & Leadership
- Founder: Tristan D’Agosta (CEO)
Key Milestones:
- 2014: Hacked (12% BTC stolen; reimbursed users)
- 2018: Acquired by Circle for $400M
- 2019: Spun off as Polo Digital Assets, Ltd.
- 2022: Announced support for Ethereum-forked tokens post-Merge
- Affiliation: Justin Sun (Tron founder) is a major investor.
FAQ Section
Q: Is Poloniex available in the U.S.?
A: No. U.S. services were discontinued in December 2019.
Q: What are Poloniex’s withdrawal fees?
A: Fees vary by asset and network conditions. Off-chain transfers are free.
Q: How do I qualify for fee discounts?
A: Hold ≥$49 worth of TRX to unlock reduced rates.
Q: Does Poloniex support staking?
A: Yes, with assets like TRX and USDD.
Q: What leverage is available for futures?
A: Up to 100x on select perpetual contracts.