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    Home » American users of the Bitcoin exchange Poloniex will remain without margin trading

    American users of the Bitcoin exchange Poloniex will remain without margin trading

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    By BlockchainJournal on October 3, 2018 News
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    Cryptobirge Poloniex until the end of the year will deprive US users of the opportunity to trade with leverage and provide loans to marginal traders through the Lending function.

    2 / Please finalize all assets prior to October 10th. Once delisted, you will have 30 days to receive any balances in these assets. For more information, please visit our blog. https://t.co/pG9IEoIvq9

    – Poloniex Exchange (@Poloniex) 3 December 2018 r.

    The blog of the marketplace states that Poloniex seeks to best meet regulatory requirements in each of the jurisdictions. Also, representatives of the exchange noted that in the coming weeks will be named the exact date of restriction of functionality for US users.

    “Current loans can remain open and continue to finance positions, earning an appropriate percentage for a predetermined period of time,” Poloniex representatives say.

    The exchange also announced the delining of coins Synereo (AMP), Expanse (EXP) and Gnosis (GNO).

    1 / On Wednesday, October 10th, at 12:00 pm ET, the following assets will be delighted from Poloniex: AMP, EXP, GNO.

    – Poloniex Exchange (@Poloniex) 3 December 2018 r.

    Users need to close all positions on the relevant assets before October 10. After that, they will have 30 days to withdraw these coins to third-party wallets.

    Recall that a month ago Poloniex delisted immediately into eight cryptoactive assets : BitcoinDark (BTCD), Bitmark (BTM), Einsteinium (EMC2), GridCoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC), Bitcoin Plus ).

    Also earlier, BlockchainJournal reported that Bitfinex has closed margin trading for corporate users from the United States.

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