Ranked in 0 of 16 countries · Exchange
Poloniex Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan Verified No affiliate links
- Taker fee0.20%
- Maker fee0.20%
- Coins799
- CustodyCustodial
- Founded2014
- Headquarters— Not verified
Our verdict
Poloniex is a long-running exchange, founded in 2014, with close to 800 spot assets, USDT-margined futures, margin trading, futures copy trading, P2P and SmartEarn. The base spot fee is 0.20% for makers and takers. It publishes a monthly Merkle-tree reserve report and had a hot-wallet hack in November 2023.
Pros
- Around 800 spot assets listed
- Monthly Merkle-tree proof of reserves
- Futures, margin, P2P and copy trading in one account
Cons
- 0.20% base spot fee is above many rivals
- November 2023 hack; loss size never officially disclosed
- Past SEC and OFAC settlements under former US owner
Where Poloniex works
How secure is Poloniex?
- Proof of reserves
- Yes - monthly Merkle-tree PoR, latest snapshot 2026-09-01, total reserve ratio 100.99%
- Custody
- Custodial
Incidents since 2019
- 2023hackPoloniex announced a hack on November 10, 2023, froze part of the stolen assets, pledged full reimbursement and resumed withdrawals in phases from November 30, 2023; the loss amount was not stated.
- 2023sanctionsOn May 1, 2023 Poloniex, LLC agreed to pay $7,591,630 to OFAC to settle 65,942 apparent sanctions violations from 2014-2019.
- 2021settlementOn August 9, 2021 Poloniex LLC agreed to pay more than $10 million to settle SEC charges of operating an unregistered digital asset exchange.
Crypto held on a platform is generally not covered by deposit insurance.
What you can do on Poloniex
- Spot
- Futures
- Margin
- Earn
- Copy trading
- P2p
Products can differ by country; check what the platform offers where you live.
Poloniex FAQ
What are Poloniex's trading fees?
At the base tier of its main order book Poloniex charges 0.20% maker and 0.20% taker. Volume tiers and promotions can lower this.
Does Poloniex publish proof of reserves?
Yes - monthly Merkle-tree PoR, latest snapshot 2026-09-01, total reserve ratio 100.99%
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.