Detailed graphic explanation of the main features and functions of Poloniex exchange

Poloniex exchange features a wide range of trading pairs, low trading fees, and a secure platform. It also offers advanced charting tools, leverage trading, margin trading, and API access. Additionally, it provides users with features such as trading competitions, liquidity mining, and mobile applications.

Main Features and Functions of Poloniex Exchange

Introduction
Poloniex is an exchange headquartered in The US-based cryptocurrency exchange has been a major player in the industry since its founding in 2014. It offers a wide range of cryptocurrency trading pairs, advanced trading tools, and unique features that make it popular among cryptocurrency traders.

Key Features

• Wide Trading Pairs: Poloniex offers over 300 trading pairs including Bitcoin, Ethereum, Litecoin Popular cryptocurrencies such as Coin and emerging altcoins.
• Low Trading Fees: Compared to other exchanges, Poloniex offers competitive trading fees that decrease as trading volume increases.
• Secure Platform: Poloniex uses industry-leading security measures, including two-factor authentication, cold storage, and DDoS protection, to keep users’ funds and data safe.
• Advanced Charting Tools: The trading platform comes with advanced charting tools that can be used by technical analysts. These tools include candlestick charts, trend lines, and various technical indicators.
• Leveraged Trading: Poloniex offers leveraged trading on select trading pairs, allowing traders to magnify their positions.
• Stop Loss and Take Profit Orders: Poloniex offers Stop Loss and Take Profit orders that allow traders to automatically close positions to manage risk and lock in profits.
• Margin Trading: Poloniex offers margin trading functionality, allowing traders to use borrowed funds to increase the size of their trades.
• API Access: For automated traders and programmatic trading software, Poloniex provides API access, allowing them to interact with the exchange.

Features

• Trading Competition: Poloniex regularly holds trading competitions to reward participants with the highest trading volume.
• Poloniex DEX: It has a decentralized trading platform Poloniex DEX that allows users to trade directly on the blockchain.
• Staking and Lending: Poloniex offers staking and lending services, allowing users to earn interest by holding and lending cryptocurrencies.
• Liquidity Mining: Traders participating in the liquidity mining program can earn rewards by providing liquidity.
• Mobile Apps: Poloniex provides iOS and Android mobile apps to facilitate users to trade anytime and anywhere.

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