Post
Topic
Board Altcoin Discussion
Re: Poloniex closes his doors for US citizens
by
Tipstar
on 19/10/2019, 03:13:32 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.

It's more like Poloneix is too forced to restrict US citizens. No exchange would want their traffic and volume to decrease. It's the rules and regulations of the US government that are making exchanges and ICOs to shut away US citizens. Though there are some ways to still trade in US with limited options for exchange. And P2P would always be a solution.