Poloniex vs CEX.IO vs Simex
What problem does this service solve?
Poloniex is a fully regulated, USA based, crypto to crypto exchange. It was acquired by Circle in February, 2018. | CEX.io is a London-based exchange that was initially launched as a cloud mining pool. | Simex is a crypto exchange that is focused on the Russian speaking market. |
Token Stats
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Company Description
Poloniex is an established crypto to crypto exchange that is based in the United States. It offers a large selection of tokens to trade and has high liquidity. Poloniex was hacked in 2014, and lost more than 12% of their bitcoin supply. They have improved their security protocols since then. In February, 2018 Poloniex was acquired by Circle, one of the largest crypto payment providers. Trading Fee: 0%-0.1% Maker and 0%-0.2% Taker | CEX.io is a British company that changed its focus from mining into becoming a cryptocurrency exchange. CEX has made an effort to add many coins, and boasts of fill-or-kill (FOK) orders that allow for some of the industry’s fastest trading, but it has a poor record on privacy and transparency that should give pause to traders. | Simex is an exchange that is focused on the Russian crypto market but is registered in the United States. Simex offers a limited token selection that users can purchase with USD or Rubles. They offer convenient debit card withdrawal options. Trading Fee: 0.2% Simex issued the SMX token, which gives holders discounts on trading. |