Poloniex withdraws from US

in sct •  last year 
  • 'Poloniex', one of the US cryptocurrency exchange, finally spun off from 'Circle', its parent company, to 'Polo Digital Assets'.

  • Poloniex will withdraw from the US market after the spin-off and will only provide services outside the US. Poloniex will no longer service the United States from November 1st.

  • Poloniex was founded in the US in 2014 and was a famous exchange for a long time, although it lost 12% of its bitcoins by hacking.

  • However, it has not beat its competition with other exchanges that offer more advanced services and is planning new services again.

  • Poloniex tried to offer fiat currency transactions using bank accounts and debit and credit cards 3 months ago.

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