Poloniex Exchange App Officially Available on Android Play Store and iOS App Store
Goldman Sachs backed financial company, Circle owns the US-based digital currency exchange Poloniex. According to recent announcements by Circle, the recently launched Poloniex app is to be the single official supported exchange app in both the Play Store and iOS App Store.
Poloniex Exchange Crypto Trading Now Available on Mobile
This marks the difference between this official release and the variety of third-party developed Poloniex apps released previously. Several of these independent applications have gained public recognition as they encompass necessary features targeted at merchants.
With the release of their official application, Poloniex aims to provide user-friendly experiences across various platforms. In addition, users have the ability to utilize several features supporting online trade such as charts, coin management, price range alerts, and many more key features.
According to Poloniex, the iOS supported version of this app is up and running in an attempt to allow users access Poloniex benefits wherever they may be.
For users who wish to participate in trading via the mobile app, they must first generate the relevant API software from the Poloniex desktop site. Detailed instructions regarding the mobile trading set up are available on the app itself.
Recent Developments Among Many More To Come
The Poloniex exchange, based in Boston, has achieved a significant milestone with the launch of their official smartphone application.
Acquired by a major investment banking firm for $400 M dollars earlier this year, Poloniex has quickly begun to make a dent in industry developments. Towards the end of 2017, the exchange released a statement regarding a verification policy affecting long-standing accounts. This fell into effect alongside the KYC legislation which in itself greatly affected the digital currency industry.
This May, the exchange implemented KYC on account long-standing accounts which breached agreements to provide early warnings regarding the newly launched account verification system.
It is very likely that Poloniex will present more changes with their new mobile-based app being a prime example of their plan for rapid development. Existing users have been granted a new and improved verification procedure. Whether or not these changes will be a positive experience for Poloniex account holders is yet to be determined.