Poloniex Account Type

Poloniex offers a simplified account structure primarily consisting of two types of accounts: Level 1 and Level 2 accounts.

• Level 1 Account:
• Provides unlimited trading and deposits.
• Allows withdrawals of up to $10,000 per day.
• Basic verification is required, including email confirmation and personal information.
• Level 2 Account:
• Offers higher withdrawal limits of up to $500,000 per day.
• Requires additional verification, including identity verification (government-issued ID) and proof of address.
• Enables access to margin trading and faster customer service.

Poloniex Broker Account Opening Process

To open an account with Poloniex, follow these steps:

• Visit the Website: Go to poloniex.com and click on the "Sign Up" button.

• Fill Out the Registration Form:

• Enter your email address.
• Create a secure password.
• (Optional) Enter a referral code if you have one.
• Agree to the terms and conditions.

• Email Verification: Check your email for a verification link from Poloniex and click on it to verify your email address.

• Complete Profile Information:

• For Level 1 accounts, provide basic personal information.
• For Level 2 accounts, you will need to upload a government-issued ID and proof of address.

• Enable Two-Factor Authentication (2FA): It is recommended to activate 2FA for added security.

• Start Trading: Once your account is verified, you can deposit cryptocurrencies and start trading on the Poloniex platform.

By following these steps, you can successfully set up your Poloniex trading account and begin your cryptocurrency trading journey.