Welcome to one of our app guides, where we will review the Android version & IOS Version of the POLONIEX trading app. After this review, you will be prepared to download the POLONIEX app and start trading.
What Is Poloniex?
Poloniex is a cryptocurrency exchange platform that allows traders to buy, sell, and trade various cryptocurrencies. It was founded in 2014 and is based in the United States.
Poloniex is a global crypto centralized exchange (CEX) platform backed by Justin Sun, founder of Tron. The exchange provides the following products: spot trading and margin trading, futures trading and perpetual swaps, limit orders, real-time order books, a convenient lending system (P2P lending), crypto staking and a trading terminal.
The exchange lists over 350 cryptocurrencies and tokens, which can be purchased with a bank account, credit or debit card, and ApplePay. The exchange has an insurance fund and its own crypto community — Poloniex Learn, where guides, educational materials and relevant industry news are available.
Poloniex App Important Points
| App Name | Poloniex |
| Download Store | Playstore , IOS |
| Application Type | Trading Platform |
| Founded Year | 2014 |
| Free To Use | Yes |
| Paid Option | No |
| Location | Wilmington |
| Official Website | Click Here To Visit |
What is the Poloniex Android and IOS app?
The Poloniex App for Android and iOS is a mobile application that allows users to access the cryptocurrency exchange platform from their mobile devices. The app provides users with the ability to view real-time market data, place orders, manage their portfolios, and trade cryptocurrencies on-the-go. The app is designed to be user-friendly and provides the same features and functionality as the web-based platform.
How to Use Poloniex App (iOS and Android)
Here are the steps to use the Poloniex app on iOS and Android:
- Download the Poloniex app from the Apple App Store (iOS) or Google Play Store (Android).
- Create an account: Sign up for an account by providing your email address and creating a password.
- Verify your identity: To start trading, you will need to verify your identity by providing your personal information and a government-issued ID.
- Add funds: You can add funds to your account using cryptocurrency or a debit/credit card.
- Start trading: Once you have added funds to your account, you can start trading by navigating to the “Markets” section and selecting the cryptocurrency pair you want to trade.
- Place an order: To place an order, you need to select either a “Buy” or “Sell” order type and enter the amount you want to trade and the price you want to pay or receive.
- Monitor your trades: The app provides real-time updates on your trades and allows you to view your open orders and trade history.
- Withdraw funds: You can withdraw funds from your account by navigating to the “Balances” section and selecting the “Withdraw” option.
Note: It is important to familiarize yourself with the app’s features and understand the risks associated with cryptocurrency trading before using the Poloniex app.
Poloniex App Pro Or Cons
| PRO | CONS |
|---|---|
| They offers extremely low trading fees as compared to other majority exchanges. | On Exchange only very few / limited fiat deposits options are available for users / traders. |
| Poloniex is a User friendly trading platform (English version along with other languages). | As compared to the review of some other exchanges, as of now Exchange is a more freely and liberally regulated / governed trading exchange.. |
| Poloniex App provides its users or traders with a pool of majority cryptocurrencies to choose from. | The order book does not support fiat currencies in their trading process. |
| They facility is not only available on web interface but also on Mobile application as well. | The customer service support might be at times little delayed and laid back as observed and analyzed through customer’s feedback overall. |
Is Poloniex app safe and legit?
Poloniex is considered a legitimate and safe platform by many in the cryptocurrency community. The platform implements various security measures to protect users’ assets, including two-factor authentication and encryption of sensitive information.
However, like any other centralized cryptocurrency exchange, Poloniex is vulnerable to security risks such as hacking and phishing attacks. It is important for users to take precautions to secure their accounts, such as using strong passwords and enabling two-factor authentication.
Poloniex App Features
Secure and Stable
They provide a trusted and intuitive platform for users, of all experience levels, to trade how they want.
24 / 7 Support
Reach out to support team with any issues and we’ll help you resolve them as quickly as possible.
VIP Service
Poloniex App offers high rate limit, and low latency API for you with good overall liquidity; friendly for institutional traders.
Real-time market data
Users can view real-time market data for various cryptocurrency pairs, including price charts and market depth.
Trading
Users can place and manage trades directly from the app, including buying and selling cryptocurrencies.
Portfolio management
The app provides an overview of users’ portfolio, including the value of their assets and their profit/loss status.
Order management
Users can view and manage their open orders and trade history directly from the app.
Deposits and withdrawals
Poloniex App allows users to deposit and withdraw funds using cryptocurrency or a debit/credit card.
Push notifications
Users can receive push notifications for updates on their trades, market data, and account activities.
Secure login
The app uses secure login and two-factor authentication to protect users’ accounts.
User-friendly interface
The app has a user-friendly interface that is easy to navigate and provides access to all features and functionality.