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Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Dec 20, 2019
The United States-based pure crypto to crypto exchange, Poloniex has reduced its KYC verification for entry-level account holders. Users can now start trading by signing up with just an email and password. Although creating an account in Poloniex has become very easy, the entry-level account has limitations until KYC verification is completed.
With Level 1, users will have access to unlimited trading, unlimited deposits, and $10,000 per day in withdrawals. But the 2 Factor Authentication security layer has limitations while providing security. Justin Sun, on Twitter earlier tweets, an account can be set up on Poloniex within 20 sec.