Customers can withdraw Tether (USDT) in two types viz., USDT-Tron and USDT-Omni from an US-based crypto exchange Poloniex. A percentage of USDT will be converted on the Omni network. The USDT percentage won’t only be converted on the Omni network, but also on the TRON network. The main purpose of this USDT percentage conversion is to support both types. The exchange will receive an amount of USDT in an airdrop. The amount of USDT will depend upon a conversion amount.
Poloniex will give an airdrop to those USDT customers who are eligibles. Eligibles USDT customers will be given an airdrop which is based on an amount of USDT they have on their Poloniex account. When the airdrop starts, then the eligibles USDT customers will be credited. The airdrop will be starting on 30 April 2019.
The crypto exchange Poloniex exchange was established in 2014 by Tristan D’Agosta. It is located in San Francisco, a city in California. It was established for an US-based market at first. Its trading sales figure is a reason to attract global trading afterward. Its trading sales figure isn’t only the reason, but its growing popularity is one more reason. It is considered as the largest cryptocurrency market platform. Bitcoins trading are offered at a great amount. Customers have to use altcoins to trade in Poloniex because the exchange doesn’t support fiat currency.
Two-factor authentication is used to provide high-level security to customers. A withdrawal limit can be expanded during the registration. More private information [an ID card or a home address] will be required for the expansion of the withdrawal limit. It provides low transaction fees i.e., from 0 to 0.25%, according to Cointelegraph.
This step of the crypto exchange Poloniex is said to be one of the multiple initiatives taken for Poloniex, according to the blog post of the exchange on Medium.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]