BlockChain News
Cryptocurrency Exchange Users Continue To Flee From Poloniex After Damaging Rumours
After rumours of Poloniex facing insolvency spread across the crypto community , the number of migrating exchange users has substantially increased .
The origin of the rumours traces loosely back to a disgruntled customer of Poloniex on July 2 , 2017 who boldly accused the exchange of being “ definitely insolvent ”. Within days the complaint was joined by dozens of Poloniex users who had similar misfortunes due to an assortment of problems .
The vocal social media posts and forum rants quickly multiplied into hundreds of users griping about mishaps they faced with Poloniex . The buzz was definitely negative , with claims involving poor customer interactions , lackluster support options and even a few flat out scam accusations .
On August 3 , 2017 , a similar complaint was posted that said : “ Have submitted multiple tickets to resolve a frozen account issue . My account has been frozen for over 1 month without the ability to trade or withdraw funds . Completely unacceptable that they don ’ t respond to any tickets .”
Then , on August 4 , 2017 , an angry review had these words :
“ How long can it last ? I ’ m AMAZED people are still using them ( Poloniex ). I was new to the cryptocurrency scene and didn ’ t realise it had the history it does . So let this be a warning to others : they ’ re lazy , and don ’ t reinvest . Therefore probably not secure , either , certainly longterm .”
When searching in any search engine or internet browser for the term “ Poloniex ” the auto-suggestions immediately pop up as “ Poloniex Scam ” “ Poloniex Rumor ” and worse . The bad word of mouth is impossible to avoid while researching Poloniex , and the results are so numerous , it ’ s hard to tell if the ship is sinking due to growing community dissatisfaction with Poloniex as a service or if the ship was already sink-
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