Exodus wallet mobile kontakt

There is a short and long answer to this question. The short being, that Bitcoin is virtual money. Bitcoin is the biggest, but one of many cryptocurrencies. The other cryptocurrencies are also known as altcoins, which is short for alternative coins. These altcoins are refered to as tokens. One of my friends, who I knew had traded a lot with Bitcoin, gave me an introduction to this mysterious world.



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WATCH RELATED VIDEO: How to Set Up \u0026 Back Up your Exodus Wallet Mobile - Exodus Tutorial

Full-service digital asset platform


So far, over 4 million users have already experienced Poloniex and seem to be satisfied with the platform. At first glance, the offer seems to be quite extensive. But what exactly makes Poloniex so special and which cryptocurrencies can actually be exchanged? How is the customer service set up?

Are the fees comparable with similar providers? You will find answers to all these questions in the following Poloniex test.

In addition, we give a detailed list of the tradable cryptos and explain how to register and trade on the platform. Here comes our detailed test of the crypto exchange Poloniex.

The crypto to crypto exchange Poloniex was founded in by Tristan D'Agosto. A total of over Bitcoin markets are available to users. On average, there are over 3, registered users on the site and there is a daily trading volume of over 2, Bitcoin.

As with every crypto exchange, Poloniex also offers coins of different currencies for exchange. However, the offer is already limited to this. Every investor can trade cryptocurrencies via the website.

However, no shares, ETFs or CFDs are offered as an investment option; one can only exchange cryptocurrencies for other coins of digital currencies. There is also no option to purchase cryptos via Poloniex, as FIAT currencies of any kind are prohibited. Therefore, one has to turn to eToro or Coinbase first in order to be able to trade via the Poloniex website.

This makes it difficult, especially for new users, to gain a foothold in the cryptocurrency market. Furthermore, there are no hints in the help section on how to get cryptocurrencies. Poloniex is an easy way to trade different cryptocurrencies with each other. The following steps explain the account creation up to trading and payout. To register with Poloniex, operators require the first name, last name, an email address, country and any password.

The latter must be at least eight characters long and the provider recommends a password with 32 characters containing numbers and letters. However, the decision is entirely up to the user. After that, you have to click on several pictures that have to meet the requirements so that you can identify yourself as a person. This can take some time and one should not lose patience.

As soon as you have accepted the general terms and conditions, you will be redirected to the next page. From now on, the email address you enter will also be your Poloniex ID, which will be used for all further communications. If you have not received an email, you should check your spam filter and mark the messages from the exchange as serious. Of course, you also have to upload some proof.

But more on this in the next point. As soon as the operators have all the necessary data, you will receive an e-mail to confirm your mailbox. In the message you have to click on a link and the account will be activated.

Of course, you still have to go through an identification process. To do this, you have to upload a clearly visible photo of yourself with a handwritten note. The word "Poloniex" and the current date month, day, year must be written on the piece of paper.

This is already enough for the website and you can start trading after a short processing time. It is important to note that all parts of the photo are clearly visible and no shadows or other objects make the paper or the face disappear. Such photos will be rejected immediately and you cannot start trading.

The Poloniex staff will then check the picture against the photo on the driver's licence or passport. Once the account has been approved, it is time for the first deposit. Only cryptocurrencies are supported, which is why you should only deposit coins. All other transactions will not be processed and you will even receive a fee. Another point is that you should always deposit more than the minimum amount, otherwise the balance will not be replenished until the necessary amount is reached.

For Ethereum it is 0. It is also important to note that you must still have the minimum value after deducting the transaction fee, which is why you cannot deposit only 0. After deducting the fees, you only have 0.

Another point is that you only transfer the currency that you have previously specified. Otherwise, the coins can be lost forever. First you have to select the desired currency and then the amount. Immediately, the user is shown the fees to be paid, which he or she confirms with a click. You then send the desired cryptocurrency to the specified address via your wallet and receive a confirmation. The credit should then appear in the customer account within a few minutes. To trade a cryptocurrency, you enter your available coins and choose how many coins of your favourite you want for it.

If one is below the market value, the order is executed directly and one receives the promised digital currency after a few hours. However, if you ask for more coins in exchange than the exchange rate indicates, an order will be created that can be triggered at a later time when someone else uploads the matching counter-offer.

This works in the same way as making a deposit. One selects the cryptocurrency on Poloniex's trading platform and specifies the amount to be withdrawn. Immediately, the fees are displayed and a withdrawal address is generated. As soon as you have connected your own wallet to the website, you receive the digital currency.

The fees of the Poloniex platform depend on the trading volume of the last 30 days. The more transactions you carry out, the lower the Poloniex fees become. For example, as soon as you have executed more than 20 million USD in crypto trades, the maker fee drops to 0. In addition, there is a withdrawal fee and a deposit fee. Fee type. Poloniex's platform is a pure crypto exchange.

This means that you can only deposit cryptocurrencies. You have to pay particular attention to whether the digital currency is also supported by the provider. That's why you should definitely check the currencies after registering and compare them with your own coins in the wallet so that you don't transfer the wrong cryptocurrency to your customer account. If you are unlucky, the virtual money can no longer be saved and is lost forever. A detailed list of all tradable assets can also be found under the link "Listed Assets" in the footnote.

Additional information can be found on the deposit and withdrawal page. All fees are also listed here, although they depend on the desired currency. This makes it difficult for newcomers in particular to trade via Poloniex. Payment method. Of course, the entire platform and the support centre are protected against external attacks with SSL encryption.

In addition, the company recommends that you set up the 2FA method. This is a simple programme for mobile devices that produces a TAN with every login attempt.

The code, which is generated again and again, is necessary for logging in. Only then can you make trades as you wish. However, if you lose your mobile phone, you should contact support immediately and remove the device from the system so that no one else has access to the coins and you can trade again yourself.

After logging into your account from your computer, you will find the settings under the tool icon in the main menu. In addition, a recovery key is created, with which you can access your account if you lose your smartphone. Therefore, the second QR code should be kept separately. A USB stick with password protection would certainly be useful for this.

Of course, the operators of Poloniex have also released an application for mobile devices. You can thus monitor your cryptos on the go and make transactions at will. All you need is a stable internet connection. The programme allows trading with over different currency pairs and you can deposit or withdraw coins into your account at any time. Furthermore, one can view the balance of the account and use the real-time ticker for new updates. There is even the option to have notifications sent to one's phone once a certain price has been reached.

You can also view different trading charts for the last 6, 24, 48 hours. A total of 26 different cryptocurrencies are supported. It is possible that the number will increase at a later date, but there are no indications of this from the operators yet. Otherwise, the apps for Android received 4 and the iOS variant 4. Some users apparently had problems opening the account, but the support team contacted the rating users directly and asked them to contact them directly.

Such an approach greatly underpins the seriousness of the platform. In addition, at 9. Further updates are constantly being released and with each improvement, new possibilities are unlocked.



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So far, over 4 million users have already experienced Poloniex and seem to be satisfied with the platform. At first glance, the offer seems to be quite extensive.

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