Post
Topic
Board Altcoin Discussion
Re: Poloniex closes his doors for US citizens
by
Periodik
on 19/10/2019, 02:00:27 UTC
Poloniex closes his doors for US citizens:
Quote
Beginning today, US persons will no longer be able to create new accounts on Poloniex. Starting on November 1, 2019, US customers will no longer be able to execute trades on the exchange. When trading ends, US customers will still be able to withdraw their assets through Circle until at least December 15, 2019.
https://medium.com/circle-trader/poloniex-spins-out-from-circle-with-new-backing-global-focus-5a19357bdaee
What do you think about it and future of Poloniex?
Also they made 0% fee for all spot trading to the end of year.  
It seems that their business is not going very well in last days.

They have to shun their doors to the US crypto fans because their country is not friendly towards it. They are not welcoming the crypto development at all. Not only is the country not friendly towards crypto, they are even actively stopping any progress. Projects are thwarted right from the start.

Poloniex is still a trusted exchange even if they also had their problems in the past. Right now, they look in their best form to compete with the top exchanges in the market.