Any experience with poloniex?
It is sead, that we can withdraw coins until 50000$ per day without KCY with tier1.
This is unbelievable.
It's not so unbelievable and yes it's real.
I know several exchanges that have much bigger daily withdrawal limits, so compared with them Poloniex is nothing.
$50k is a pretty big withdrawal limit it's around 2btc even if it is real it's too risky to trade on Poloniex due to their bad reputation since 2015 like frozen accounts or can't able to withdraw or stole their funds by Poloniex. There are many users there being scammed and lost funds and I can't find someone who solved their case.
Like this one
https://bitcointalk.org/index.php?topic=5196029.0I'm also a user of Poloniex before I never had any issues I just stop using them after they implement KYC.
@OP if I were you if you are going to use the Poloniex exchange I suggest don't deposit a big amount to lessen the risk you can spread the coins to other exchanges with no KYC like Coinex and Kucoin or go directly to the P2P exchanges as suggested above.