Is Poloniex exchange legal? Graphical tutorial on buying coins for beginners on Poloniex exchange app

Yes, Poloniex is a legitimate cryptocurrency exchange owned by Circle Internet Financial. The steps for beginners to buy cryptocurrency include: 1. Create an account; 2. Deposit; 3. Purchase cryptocurrency; 4. View orders. Understand the risks before buying, make small transactions first, and enable two-factor authentication to protect your account security.

Is the Poloniex exchange legal?

Yes, Poloniex is a legitimate cryptocurrency exchange owned by Circle Internet Financial, LLC.

Poloniex exchange app novice currency buying graphic tutorial

Step one: Create an account# #

Go to the Poloniex website (https://poloniex.com/) and click "Register".
1. Enter your email address, password and referral code (if applicable).
2. Click "Register".
3. Verify your email address.

Step 2: Deposit

Click "Funds" > "Deposit".
1. Select the currency you want to deposit.
2. Copy the deposit address.
3. Send coins from your external wallet or exchange to this address.

Step Three: Buy Cryptocurrency

Click "Exchange" > "Buy Coins".
1. Select the currency you want to buy and the currency you want to pay.
2. Enter the amount you want to purchase.
3. Click "Buy".

Step 4: Check the order

After the purchase is completed, you can go to the "Order" tab View order details.

Tip:

Make sure you understand the risks of cryptocurrency before buying.
• Make small transactions first before making large transactions.
• Protect the security of your account and enable two-factor authentication.

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