On this exchange, you can quite often encounter scammers trying to deceive novice traders. This is understandable, as the trading volumes here are significant, there are many traders, and new ones are constantly appearing, creating opportunities for scams. Firstly, the service itself sometimes operates unstably; secondly, phishing of accounts via email is common. This happens all the time. To avoid falling victim to phishing, you need to pay close attention to emails and check the sender. Poloniex rarely sends messages, and they are always to the point. Thirdly, the exchange lacks mobile applications. If you see any, that too will be phishing. The platform is only available in web version, without exceptions. Overall, the variety of phishing is the only thing that causes disappointment with the exchange. Even 2FA doesn't always help. The administration cannot fully resolve this issue, so account security depends on the users themselves. Therefore, reports of account losses on Poloniex are quite frequent. As for trading on the platform, it is organized at a high level. The tools are good, and there are many opportunities. Surprisingly, margin trading is available here, unlike many crypto exchanges that only offer standard currency exchange. Poloniex has gone further and somewhat resembles forex.
