The price drops among the cryptocurrencies has been evident with several important tokens that crumble under the weight of the bear. In the midst of the market crash, Circle & # 39; s Poloniex has announced that institutional accounts will be available on the exchange of cryptocurrency. In an official version, Poloniex announced that:
"We are pleased to announce that institutional accounts are now available on Poloniex! Large and small institutions can enjoy the benefits of our extensive selection of encryption pairs, dedicated support and robust API services. BTC / USDC transactions in December. "
The company also stated that the main objective of Poloniex is to meet the deep needs of investors and institutional clients. Poloniex has clarified the new feature by adding that the higher withdrawal limits will be provided to customers by a "dedicated account manager team".
Publish the announcement, 51% Crew, a Redditor declared:
"Everyone left a long time ago for a reason, it took literally 4-12 months to respond to a support ticket. Do you think an institution will keep this kind of service long? It took 11 months to check My account, literally. "
Poloniex also made recent news when USD Coin [USDC] trading against XRP, Litecoin [LTC] and Monero [XMR] It has been announced. The announcement was received with great excitement in the social media space, as highlighted by Matther D Egelkraut, a Twitter that uses to say:
"FINALLY a" stable "currency to send back and forth between Coinbase Pro and Binance.Thanks !!! I will never forget the days when I sent Litecoin from Binance to Coinbase and I had to wait 4 days! I did not sleep … Haha But everything worked. "
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