The exchange Poloniex is going to leave some users without margin trading
Cryptocurrency exchange Poloniex announced on 3 October in his blog, which excludes from listing multiple assets and intends to deprive a certain category of users the possibilities of trading with leverage and take out loans to margin traders through the Lending function. We are talking exclusively about the US clients.
According to representatives of stock exchanges, these services will expire by the end of 2018. The exact date will call later. The reason for this step Poloniex refers to the desire to meet the requirements of regulators in all jurisdictions.
Exchange promises customers a smooth transition to the new regime work. Existing loans will remain open on the previously agreed terms.
Delisting of the assets will be held on October 10 at 12:00 ET (19:00 Moscow time). Listing will be excluded Synereo (AMP), Expanse (EXP) and Gnosis (GNO).
Customers will need to close all positions on these assets until noon on 9 November. Then within 30 days they will bring altcoins to third-party wallets.
The Poloniex team is ready to answer all users ‘ questions here.