Year in review 2022 — Poloniex’s achievements in products and services

As 2022 is coming to an end, Poloniex reviews the greatest achievements for this year. In this article, we will dive deeper into the upgrades we’ve released to provide users with a better trading experience and create a better ecosystem to foster the development of Web3.

New look. New experience.

This year, Poloniex overhauled its frontend and backend systems to provide investors with a better user interface (UI) and user experience (UX).

Our biggest achievement came in the form of the launch of our new trading system, which revamped the legacy system with higher speed, stability, and usability.

With this optimized system, investors are now using a cleaner and more user-friendly layout with better functionality and visualization, all of which enables them to react better to the ever-changing crypto market.

And complimenting the new trading system is our new Application Programming Interface (API), which especially serves sophisticated investors, so that they can trade 24/7 in a more responsive, lower latency, and higher bandwidth environment.

Apart from these backend revamps, Poloniex also refined the design of its front page to keep content more precise and concise.

Striving for perfection

In our pursuit of excellence, Poloniex aims to consistently optimize its products and services. Recently, we have launched the cross-margin mode for spot trading.

With up to 3x leverage, Poloniex’s cross-margin mode enhances users’ capital with features including a unified spot and cross-margin account, which enables users to transfer assets to a different margin account.

In addition, the “auto-borrow” and “repay” functions enable users to initiate a loan or repay the loan, respectively, to enhance financial flexibility and avoid additional interest burdens when they are trading, transferring or depositing tokens.

Poloniex also optimized the fee structure for USDT-collateralized perpetual contracts to provide customers with the lowest fees in the entire industry.

Because of the fee optimization, the Maker and Taker fee rates for trading USDT-collateralized perpetual contracts on Poloniex Futures are 0.01% and 0.04%, respectively, and the changes apply to all customers regardless of their trade volume.

Meanwhile, Poloniex also launched a “VIP+1” campaign, which will bump investors up one level on Poloniex should they be given a different VIP level at other exchanges. For example, if you’re entitled to VIP1 at another exchange, Poloniex will grant you a status of VIP2 instead.

In early 2022, we added a cross-margin mode to Poloniex Futures for better trading experience. If you want to understand more about the revamp, please click here to read more.

Putting our best foot forward

We sincerely thank you for your support and encouragement this year.

To strive for the best, we welcome you to take part in a Twitter survey to vote for the best products that you have experienced so far at Poloniex.

We value your comments since they help us improve and serve you even better in the years to come.

👉 Click here to act now, and we look forward to continuing our journey with you in 2023!