The Currency Analytics
By Steven Anderson
POLONIEX UPGRADES UNVERIFIED CUSTOMERS TO LEVEL 1
CURRENCY SUPPORTED BY POLONIEX EXCHANGE
Poloniex now permits users to trade without giving up their identity. In the first place, already existing accounts of unverified users will upgrade to Level 1.
As can be seen, the current accounts of the unverified customers were previously frozen. To sum up, these accounts now upgrade to Level 1.
On December 19, 2019, Poloniex Exchange published, "We just introduced a new account tier for new customers!
All things considered, the exchange currently supports Bitcoin core (BTC), Bitcoin cash (BCH), Ethereum (ETH), and Litecoin (LTC) along with cryptos like MimbleWimble-based grin.
In the final analysis, the current move from Poloniex comes at a time when the KYC (Know Your Customers) and AML (Anti-Money Laundering) services are becoming stringent.
In light of the move, Poloniex is currently attracting the attention of governments across the world.
As can be seen, Poloniex customers were previously given time until December 16, 2019, to withdraw their assets, failing which they lose direct access to their accounts.
Of note, Poloniex was formerly a U.S. Based Digital Assets Exchange, acquired by an Asian Investment Group operated by Polo Digital Assets Ltd., a Seychelles- registered company.