The Poloniex cryptocurrency exchange returned unlimited trading and unlimited deposits for accounts without KYC. The only limit is set for the daily withdrawal of $10 thousand.
Start trading in seconds 🚀— Poloniex Exchange (@Poloniex) December 19, 2019
We just introduced a new account tier for new customers! All you need is an email address and a strong password and you’ll be trading in no time
Sign up now https://t.co/xtiQUcimNEpic.twitter.com/YmtZ2fs1We
This applies to all new users who need only email to register. They will also be able to use the staking service and take part in contests.
Existing unverified accounts will receive similar features within a few months.
This is contrary to the global trend and FATF requirements for mandatory user verification, although the exchange refused to serve US residents immediately after separation from Circle.
After purchase by a group of Asian investors led by Justin Sun, Poloniex got into a few dubious situations: first encouraged to buy TRX and then announced the delisting of DigiByte after criticism from project founder Jared Tate.
In early 2020, Poloniex will expand the listing.