The US SEC Says Poloniex Operated Illegally, The Exchange Pays $10.4 Million Fine

On 9th August, The US Securities and Exchange commissions announced that it's charging the Poloniex crypto exchange for conducting illegal operations. Immediately, the Poloniex network agreed to settle the amount of $10.4 million in fine. Recently, the US has been very focused on the regulatory front, and there is a bill to regulate crypto vastly.  Poloniex Operated Illegally According to a release posted on the SEC page, the watchdog charged Poloniex with illegal exchange activities within the country. The release…

Poloniex and Simplex Collab for Fiat Crypto Purchase through Debit and Credit Cards

The American-based crypto exchange company Poloniex announced a partnership with payments company, Simplex. The partnership will facilitate an easier mass access to crypto trading for Poloniex clients. A Twitter announcement announced the addition of at least 18 major fiat currencies to the exchange. Debit and Credit Card Crypto Purchase from the Poloniex Simplex Collab  Simplex is a payments company with a feature that enables the use of debit and credit cards to purchase cryptocurrencies. The partnership intends to apply this…

Poloniex Review – Exchange Features, Trading Fees, and Security

Poloniex operates as one of the leading cryptocurrency exchanges in the market today. The network earned this reputation by remaining innovative and always seeking to provide users with more protection. For example, the Poloniex exchange was one of the first crypto companies to seek regulatory approval from FinCEN actively. It’s also one of the oldest exchanges still in operation today.   Benefits of The Poloniex Exchange Poloniex exchange rose to fame due to its simple user interface and appealing design.…