🏛️ Company & Founding Profile
- founding
and development history
- was
founded in Wilmington, Delaware, in January 2014 by Tristan D'Agosta (nicknamed Busoni, a musician from Rutgers University).
It was acquired by Circle Internet Financial in February 2018 and is valued at approximately $400 million.
In 2019, Justin Sun acquired its main body, Polo Digital Assets Ltd, leaving Poloniex to operate independently.
Current ownership and operation
Justin Sun has been the de facto controller since 2019.
CEO Tristan D'Agosta continues to dominate day-to-day operations, and Poloniex shifts to focus on Asia and the international market.
💼 Products & Services
Spot trading: support pending and taker orders; Provide advanced order types such as limit, market, iceberg order, etc.; Real-time order book integration with TradingView charts.
Margin trading: support up to 2.5 times leverage; Provide isolated and cross-margin mode; Users can participate in the P2P lending market as a lender to earn interest.
Futures & Perpetual Swaps: Up to 100x leverage; Fixed Maker/Taker fee of 0.01% / 0.075%, not affected by 30-day trading volume
Automated trading tools: including grid bot, strategy trading, and copy-trading, for beginners and advanced traders
P2P and staking: Support user loans and borrowing, and the pledge project provides annualized income through Poloniex Earn; Recently launched SunSwap and LaunchBase platform features to enhance DeFi support
Fiat Deposit Channels: Credit/Debit Card, Apple Pay, Google Pay: Implemented via Simplex and Mercuryo, with purchase thresholds of $50 and $29
respectively
🌐 Supported assets and geographic coverage
Coins & Trading Pairs: List more than 350+ coins, 200+ trading pairs (including BTC, ETH, USDT, TRX, SOL, DOGE, SHIB, etc.).
Geographical restrictions: Users in the United States, Cuba, Iran, North Korea, Sudan, Syria and other regions are prohibited from registering and trading.
💵 fee structure
spot trading fees: up to 0.145% for Maker, 0.155% for Taker; Holding TRX can enjoy Maker/Taker down to 0.0805%/0.0875%; 30-day trading volume is up to 0.02% for Maker and 0.10% for Taker
Futures trading fee: fixed 0.01% / 0.075%.
Margin trading interest rate: margin lending interest rate as low as 1%, futures support isolated/cross margin up to 100 times leverage
Deposit and withdrawal fee: free of charge; Withdrawal fees are based on currency and network (e.g. BTC 0.0005, DOGE 20, TRX 0.01, etc.)
🛡️ Security & Risk
Control
security measures: cold wallet storage, 24/7 surveillance, two-step verification, and data encryption; Medium audit and bug bounty program support.
Historical Events:
suffered Bitcoin theft in 2014, with a loss of approximately 12.3%, and compensation was paid to affected users
, followed by maintenance disruptions and hacking incidents, but overall operations were stable. Recently (2023), there was another security incident, and Justin Sun proposed a reward return scheme
📞 Customer Support & Community Building
support channels: FAQ, ticketing system, 24/7 live chat available on the official website; Active on social media platforms such as Twitter, Telegram, Reddit, and
other community resources: The official Poloniex Learn provides tutorials and information, and the community continuously produces educational content and industry news.
Market recognition: The combined trading volume is about $2–500 million per day, ranking among the top 20 exchanges in the world.
🎯 neutral evaluation
Advantages:
comprehensive product line, covering spot, leverage, futures, pledge, lending, automated trading, etc.
The fee structure is competitive, with low maker/taker fees and leverage.
Powerful asset types and a variety of deposit methods are suitable for global users.
He has a senior team background, a long brand history, and an active community.
Disadvantages and risks:
There are no restrictions on US users and some highly regulated regions, which affects the global market coverage.
There are still hidden dangers in past security incidents, and protective measures need to be continuously strengthened.
Operate freely but with weak regulation, facing potential legislative and compliance pressures.
✅ summary
Poloniex is an innovative, broad-lined, global, centralized exchange backed by the veteran team of Tristan D'Agosta and capital from Justin Sun. With a wide range of currencies, flexible leverage, a variety of payment solutions and automated trading tools, it helps to attract intermediate and advanced users.
However, its regulatory compliance needs to be strengthened, security incidents have occurred occasionally, and restrictions in places such as the United States still exist. It is recommended that users carefully select and activate security measures such as two-factor authentication and protection strategies based on their own transaction needs, regional compliance, and risk appetite.
