Steer away from Poloniex!

in #poloniex7 years ago

Hello all!

A couple months ago I was trading with very large amounts of money on Poloniex.
Things were going well until Poloniex got hit by DDOS attacks.
During the 2 weeks the DDOS attacks occurred, the platform kept its markets open for an unknown reason.
On top of that the platform has had a ton of bugs which made coins magically disappear in many ways.

People have been after getting their questions answered, to which Poloniex never responded in any way.

Why did they keep their markets opened and allowed the abuse to occur?
Are we getting repaid for mistakes made on their end?
Is Poloniex still safe?

My tickets have been pending for over 3 months now.
Today Poloniex changed their TOS, which tells us everything we need to know about whether we can trust them or not:

"Poloniex makes no representation and does not warrant the safety of the Platform and is not liable for any lost value or stolen property, whether or not Poloniex was negligent in providing the proper security."

This basically means: If we are unable to provide the services that brought you here or if our bugs eat away at your account (While the money is still in our wallets) we thank you for your understanding as to why you won't get a penny in return.

Poloniex = A massive scam.
We have all seen the news about Poloniex being involved in many investigations related to fraud, theft and insider trading..
It is time we massively ditch this and all the other platforms that are unable to provide the services that brought us there and I also think it's time we collectively sue Poloniex for all the damage they have caused.

Sort:  

Yes , in any fiat market , this is sure a meeting in court.
And they would lose completly , they hold my deposite of SBD luckily 8 days.
Enough for a 15 % loss, result sold and withdraw everything.
Maybe since then 1 login done.
Crooks , that is certain !

You should take action. They should atleast give refund or settle things.. good luck

You should certainly sue them, try to gather people with similar issues and sue them together, they have your money it did not disappear!!

Lots of risks including the FED taking the whole BTC-e and it's contents.

Whenever the SEC shows up, kiss your money good bye.
They are bigger scammers than the ones hosting fake ICO's, lol.

Can you tell us where we trade safe?

Bittrex and cryptopia, for now.

poloniex is far more awesome than those 2 sites. my identity is verified there, and they never done me wrong. how many alt accounts did u have at poloniex 2 try and cheat the legit accounts, marc?

Coin Marketplace

STEEM 0.20
TRX 0.24
JST 0.037
BTC 96071.21
ETH 3327.74
USDT 1.00
SBD 3.21