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CryptoP

Poloniex

Poloniex is a cryptocurrency exchange that started in 2013, becoming one of the major centralized cryptocurrency (CEX) exchanges in the world. Once owned by Cricle, Justin Sun, founder of Tron, let the acquisition of Poloniex by an outside investment group based in Asia. It was reported at the time that the investment group would invest up to $100m into Poloniex. With the acquisition, Poloniex stopped offering all services to U.S. customers

Example

A non-US crypto trader uses Poloniex to trade TRX/USDT pairs, taking advantage of the exchange's deep liquidity for Tron-based tokens.