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Poloniex Imposes Identity Verification for Legacy Trading Accounts

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The recent announcement made by Poloniex has created another kind of regulation that needs to be followed by all its users. In recent time it has been brought to the notice of people that Poloniex has issued a notification for the legacy account holders. As per the Exchange, all investors those who are making use of this specific platform should certainly verify their identification through the company’s upgraded verification portal that is available for this purpose only. The regular updates are said to be necessary for users so as to make them able to have complete knowledge in this regard. A few days ago, the digital currency exchange Poloniex initiated to execute an identity verification process for all it new users. However, at the time of registering to have the legacy account, users were not made aware of submitting their identity credentials. Later the notice was issued for users that now they would be the concern to make submission of all the required documents with