Cryptocurrency Q&A Is Poloniex a safe cryptocurrency exchange?

Is Poloniex a safe cryptocurrency exchange?

Raffaele Raffaele Wed Feb 19 2025 | 7 answers 1423
I'm considering using Poloniex for cryptocurrency trading, but I'm concerned about its safety. I've heard it's a well-known exchange, but I want to make sure it's secure and reliable before I start trading on it. Is Poloniex a safe cryptocurrency exchange?

7 answers

Alessandra Alessandra Fri Feb 21 2025
Poloniex is a cryptocurrency exchange with an unusual history.

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BitcoinBaroness BitcoinBaroness Fri Feb 21 2025
Its inception was marked by a significant security breach, which occurred just a month after it launched.

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Chiara Chiara Fri Feb 21 2025
Despite this unfavorable start, Poloniex managed to recover and rebuild its reputation.

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Federica Federica Thu Feb 20 2025
Over time, it has become one of the most popular exchanges in the crypto space.

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CryptoPioneer CryptoPioneer Thu Feb 20 2025
Users now consider Poloniex to be one of the safest exchanges available.

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