Poloniex announces reduction of fees and streamlining of trading

05 Mar, 2019 | Updated: 06 Mar, 2019
by David Borman
Poloniex announces reduction of fees and streamlining of trading

Today it was announced on the Circle Blog that Poloniex is reducing trading fees for "99%" of customers as well as streamlining the trading system. This means that Poloniex will now have, apparently, the lowest trading fees of any US exchange.

The new changes go into effect tomorrow, March 6th, and aim to see the vast majority of customers paying considerably less on most trades, sometimes as little as 0% on maker trades.

In Poloniex's own words:

"These steps are part of our commitment to continuously improve customer experience and come on the heels of technical upgrades, asset listings, and new features that make Poloniex easy to use."

Some on Twitter were quite excited at this news:

Others were not interested and wanted more from the exchange:

Still others felt this was just a lie for most customers:

Whether you use Poloniex or not, this sounds like a positive step forward with the traders who do. Stick here with Chepicap for all your late breaking exchange news!

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Read more about:Poloniex


Do you use Poloniex?

(8 votes)

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News like this from Poloniex sounds like a very bad joke.
05 Mar, 2019 - 23:17
everythink poloniex does is a bad joke. who cares about community..
22 Mar, 2019 - 21:37
Reducing fees huh. More like trying to get more people on board before a huge poloniex style exist scam.
06 Mar, 2019 - 21:10
Poloniex in agony and doesn't know what to do to attract some more new users.
06 Mar, 2019 - 22:25
i think that small fees at poloniex is not a reason for trading there. the account can be suspended and funds can be frozen due to unknown reason
09 Mar, 2019 - 09:58
nobody needs unreliable exchange as poloniex even with absolutely free services
11 Mar, 2019 - 22:47
Certainly a sign of going down. Suspicious and simply not right. It's just a poloniex trap for new users.
12 Mar, 2019 - 19:44
i think if poloniex presents 5 btc to every user nobody will not accept it and will not come back to poloniex ))
12 Mar, 2019 - 22:24
poloniex can do such things only when the situation is sad so this is the time to leave poloniex
12 Mar, 2019 - 22:55
poloniex tries to survive but it doesn't have any chances ))))
14 Mar, 2019 - 09:07
lol, nothing will help poloniex
17 Mar, 2019 - 11:04
Lol they probably thought that less fees will bring more people. Poloniex does not have proper marketing.
14 Mar, 2019 - 18:23
Reduction of fees and all other recent Poloniex steps won't help this exchange cause it's too late.
14 Mar, 2019 - 22:02
Poloniex loses users faster than makes different updates now.
14 Mar, 2019 - 23:10
Stopped using poloniex right after they stopped margin trading. And I think many did the same. And now they are just trying very hard to get back at least a few users. Good luck with that.
15 Mar, 2019 - 09:26
Dying Poloniex is a disturbing thing – I wish that they will be finished finally and the market will breathe calmly
18 Mar, 2019 - 00:55
Poloniex application is cursed – it will lead the platform to the fair end
18 Mar, 2019 - 01:04
return margin trading !
18 Mar, 2019 - 20:49

To make only fees lower won't cover all problems in your company
19 Mar, 2019 - 12:17
This move won't stop Poloniex users from moving to other exchanges.
21 Mar, 2019 - 00:33
theres no job interview for those who do PR at Poloniex they just come in from the street and start wasting time thats how this company failed all its promotions
21 Mar, 2019 - 11:23
a lot of times I saw how Poloniex tried to make maintenances but that all was in vain
21 Mar, 2019 - 11:41
how can you live for so long Poloniex? I thought that the release of that freaky app buried ya
22 Mar, 2019 - 17:33
Poloniex aint gonna survive until 2020 theyre just not good enough, we gotta bring an end to this fraud together!
22 Mar, 2019 - 18:10

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