I will do it for sure. People must know their heroes.
Thanks, everybody should it. It only takes a few minutes, and it will make the crypto world safer, by telling real facts about the Poloniex exchange.
There's 2k reviews in the app store.
A couple grumpy reviews, especially if they look targeted (which this does.) will change nothing, and perhaps even be removed by google/apple for being fake.
I dont know how their accounts are setup. I dont believe they have bank accounts with customer money. If they do go bankrupt, the argument will likely be made that account holders have a lien against crypto assets in the amount of their various balances. Someone who has a 1 btc deposit will have a lien on 1 btc worth of their bitcoin and someone with a 1 ltc deposit has a lien on 1 ltc worth of litecoin.
Yeah, i also think they just store their customer's assets in a cold-storage somewhere. I'm kind of interested to know what the rules and regulations on that are, and to who these funds belong in the end.
Really curious actually.
I just know a couple other exchanges who do have custodial bank accounts, but knowing poloniex i wouldn't expect too much from them, much less so in a bankruptcy case, when i can't even under normal circumstances get my money out.