Post
Topic
Board Exchanges
Re: Circle is buying Poloniex
by
timerland
on 27/02/2018, 08:46:49 UTC
Let's hope Circle improves things. Might actually use Polo again if they do.

They might. This Circle presentation says that they will be bringing in 80 - 100 personnel.



What I like most about it is Circle will make Poloniex the first legal "crypto exchange" that would enable it to legally list tokens that are classified as "securities" by the SEC.

Prepare for the emergence of the next great exchange in Bitcoin land. Wink

I hope they do as well. I mean things probably can't get any worse than it is right now, though, can it?

The extra 80-100 personnel that they are promising is going to be huge for poloniex's future development if they do want to get any better in their business. Their primary concern is around their support right now.

And it wouldn't be a surprise if Circle does attempt to enter the fiat side of the crypto business with fiat deposits and withdrawals. Also expect it to become a more regulated exchange with more features for the verified users, legacy accounts are probably going to be gone completely. Big changes ahead for polo and it can really go either way from this point.