Join Our Mailing List
Tuesday May 30, 2023
Bitcoin (BTC) $27,685.42   Ethereum (ETH) $1,890.24
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Featured

All Poloniex users must verify accounts after KYC system upgrade

Published by CryptoNinjas.net
12/27/2017
All Poloniex users must verify accounts after KYC system upgrade

Popular crypto exchange Poloniex has announced today that it has completed a major upgrade to its customer identification and verification systems. As a result, the company will soon require legacy accounts to become verified through the latest version of its verification portal.

The exact date for this deadline will be announced in Q1 2018.

The Polo team is asking users, if possible, to verify their legacy account sooner rather than later to avoid any potential interruptions in the ability to trade on the platform.

Users can check their account profile as of now to determine if it is Legacy or Verified.

On the date of the deadline (to be announced), legacy accounts will be placed in a state where:

  • Trading and lending will be disabled
  • Open orders will be closed
  • Loans will have auto-renew switched off
  • Margin positions will be given an 8-week wind-down period where they can only be diminished or closed. After the 8 weeks wind-down period, they will be closed
  • Deposit addresses will be revoked. Any deposits sent to a revoked address will not be recoverable until the account is fully verified.

Withdrawals will remain enabled at the daily withdrawal limits prior to the deadline. If at any point a user verifies their legacy account, full functionality will be restored and daily withdrawal limit will be increased to $25K USD equivalent.

The Poloniex Team stated:

“As a registered money services business, Poloniex is committed to compliance with all applicable law requiring identification and verification of its customers. If you have questions about these or any other Poloniex terms, we encourage a careful and thorough review of our terms of service and privacy policy.”

52
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Poloniex adds new leveraged token trading in ADA, LTC, and XLM

01/20/2021
Poloniex adds new leveraged token trading in ADA, LTC, and XLM

Poloniex, the popular cryptocurrency exchange platform, today announced it has added six more leveraged tokens. New additions include: ADABULL, ADABEAR, LTCBULL, LTCBEAR, XLMBULL, and XLMBEAR. Now, traders can enjoy 3x leverage on ADA, LTC,...

Read more

Crypto exchange Poloniex launches XRP perpetual futures

01/11/2021
Crypto exchange Poloniex launches XRP perpetual futures

Popular crypto exchange Poloniex, has announced the launch of new XRP perpetual futures, which are now open for trading. Features of Poloniex XRP perpetual futures include: Up to 20x leverage for Level 2 traders...

Read more

Cryptocurrency exchange Poloniex lists ETHBNT

01/16/2020
Cryptocurrency exchange Poloniex lists ETHBNT

Poloniex, the popular cryptocurrency exchange, today announced the listing of ETHBNT. Holding ETHBNT is equivalent to staking on the Bancor Protocol. Users who hold ETHBNT are entitled to collect a portion of the fees...

Read more

Poloniex spinning out from Circle to establish independent global exchange

10/18/2019
Poloniex spinning out from Circle to establish independent global exchange

Famous altcoin exchange Poloniex, which was acquired by Circle approximately 18 months ago, announced today in an effort to create a competitive internationally-focused cryptocurrency exchange, the Poloniex team and leadership are spinning out from Circle...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
Quant Network blockchain integrates Constellation for IoT interoperability

Quant Network blockchain integrates Constellation for IoT interoperability

12/03/2019
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy