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RE: WARNING, Do Not Use Poloniex to Sell or Trade Your Steem or SteemDollars!

in #steemit7 years ago (edited)

Polo is a US company and really should sort their shit out. Behaviour like this from a US entity could be the end of crypto trading there. Look what the US regulators have done to the forex industry - utterly destroyed it. Selecting a forex broker in the US is now like voting in the presidential election: you get to choose between 'a giant douche and a turd sandwich'.

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haha i like the south park reference

IMO it had been getting a little stale, but those last two seasons were off the hook

So true, man. Our country most certainly does not manage our money well despite our obsession with it...

Yep, the best forex brokers in the UK and Australia are 4-6x cheaper than the two big retail brokers in the US. Excessive regulation has created an oligarchy where existing US firms do not have to bother competing with their international counterparts.