Poloniex just reported that it’s going to require verification for legacy accounts. Here’s what’s what you need to know:
On December 27, 2017, cryptocurrency exchange Poloniex released this press release. The release outlines that fact that the company will soon start requiring that every account held on its platform is verified and that, to this aim, will start removing accounts (so-called legacy accounts) on an as-yet-undecided date.
Here’s Poloniex’s official statement on the development:
We have recently completed a major upgrade to our customer identification and verification systems. As a result, we will soon require legacy accounts to become verified through the latest version of our verification portal.