Institutional Trading is now a days becoming one of the most sought after notions while on the other hand, there is a rise in crypto exchanges. In spite of this sudden surge in cryptocurrency exchanges, U. S. Securities and Exchange Commission is not leaving a stone to ensure that all of these digital currency exchanges follow rules.
If you have a look at Poloniex, which is a Digital Asset Exchange having a variety of Digital Assets, you can witness the way it is accelerating itself to the top to ensure that there are a number of cryptocurrencies available for trading. And recently, to add to the digital assets list, there is introduction of ‘institutional accounts’!
Why Should One Opt for Poloniex?
It is a very simple question as to why should one settle on Poloniex when there are other exchanges as well? And the answer to this question is also very simple, the team behind Poloniex understands that trading also requires advanced tools from time to time and therefore keeping such a thought in mind, they have come up with an approach that will have far reaching effects in the longer run.
These said effects will without any doubt be positive ones that have the ability to facilitate trading depending on the situation. In other words, all the latest trading tools required by institutions will be in place.
Who Gains from Crypto Asset Trading?
In actual fact, it is both small and large institutions who would be reaping benefits from Poloneix based on grounds such as: powerfully built API Services, endless selection of Crypto Asset Trading Pair besides Support of the Team.
Another bonus attached while using Poloniex is that customers shall be in a position to not give any ‘fees’ for BTC or USDC Trades. Nonetheless, these terms are going to be applicable only for the month of December!
Customer’s experience matters a lot for Poloniex and this is the reason why they strive hard to ensure things work for the best for Poloniex Users. It was even last month that USD Coin or the USDC Trades had $500K fees waived off!
Things to Know
This does not end here because there is still a surprise in store for the users, one of them being, like the one stated earlier: BTC and USDC Trades would not have any fees while the other benefit attached states: users can purchase BTC without paying any extra fees. Option for not paying any fees is only till 2019! So, it is better that you utilise it at the earliest. An individual can make use of ‘free service’ in order to convert USD to USDC through Circle!
Poloniex is going to be up against GDAX from Coinbase and when more than one firm is involved in institutional trading, then it is to see who wins this game! While Users of any cryptocurrency exchange or institutional trading shall look forward only to the benefits that they can reap from trading giants available out there in the crypto world.