Some Legacy Poloniex Customers Accounts to be Frozen

The number of Poloniex users' complaints in social networks and on forums is growing
28 May 2018   853

Last week, owners of unverified accounts on the Poloniex began to complain that their funds had been frozen. The number of complaints in social networks and on forums is growing, and some users who were able to verify their accounts through an automated system also report that they can not trade or gain access to the money. This is reported by Bitcoin.com.

In December, the Poloniex exchange reported that all its users are required to undergo verification in order to maintain access to their accounts in the first quarter of 2018. In February, the exchange was purchased by the American payment company Circle. Many believe that the requirement to verify accounts is related to this deal, as the new owner of the exchange carefully approaches the issue of identifying users of their products and combating money laundering. Last week many unverified users of Poloniex lost access to their accounts, and the exchange meets them with the following message:

Poloniex
Poloniex

In one of the discussions on Reddit, complaints begin to accumulate about the verification process itself. So, user u / PauleeWorli writes that he still can not access his account, despite having completed all the necessary procedures.

I am a ‘legacy’ user on Poloniex and I was told to verify today when I logged in. I did that and promptly got an email reply saying I had been verified — My profile now says I have a ‘level 3 verification’ — the type that allows $25,000 per day. But when I go to trade it tells me ‘account frozen’ when I try to place an order. I did make a ticket and then checked Twitter and it seems many people have the same ‘now verified but still frozen’ problem. Can anyone help me here please?
 

PauleeWorli at Reddit

Other users write that they weren't warned in advance that accounts will be immediately blocked.

Something is wrong, Poloniex, I clearly remember you giving warning before 2018 saying after disabling “TRADING” legacy accounts would be able to WITHDRAW their coins. Freezing suddenly? I didn’t even get an email with time limit!
 

Poloniex User

There are a lot of customers on Twitter complaining about this frozen accounts. At the moment there are no official comments from the exchange itself.

Poloniex to List Cosmos Token

ATOM trades in pairs with Bitcoin and USDC will be opened after voting of the Cosmos network members for activating the transfer function
15 March 2019   157

Cryptocurrency Exchange Poloniex announced the listing of the ATOM token from the Cosmos project.

For now, users can only view balances. To do this, enter the seed phrase from the corresponding wallet in the exchange interface.

The ATOM trades in pairs with Bitcoin and USDC will be opened after voting of the Cosmos network members for activating the transfer function.

Those who wish to purchase the ATOM token exchange recommended opening and replenishing accounts in advance.

However, the company Tendermint Inc. reported about attracting $ 9 million for the development of the Cosmos ecosystem. Serie A's round of financing led Paradigm hedge fund, managed by Coinbase co-founder Fred Ersam.