P2B vs Poloniex: Fees, Security, Features & Which to Choose (2025)

Trying to choose between P2B and Poloniex This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 16, 2025

P2B

Poloniex

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

China

Canada

United Kingdom

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

United Kingdom

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P2B is ideal if:

Offers a high-performance launchpad engine that’s launched over 2,000 crypto projects without token-holding requirements—perfect if you’re a founder or eager early-stage investor.
Built for both beginners and businesses, it blends approachable trading with go-to-market support—ideal if you want a trading platform with strategic listing expertise.
Packs robust multilingual support, fast interface, and loyalty tiers—suiting you if you appreciate accessible, efficient trading plus escalating benefits for active users.

Poloniex is ideal if:

Access to diverse altcoins and advanced trading tools Offers a broad range of cryptocurrency assets plus tools like futures, margin, and grid trading—great for users seeking variety and sophistication.
Fast, low-latency trading environment Its upgraded matching engine delivers faster order processing, higher throughput, reduced latency, and smoother overall trading performance.
Automated strategies and active trading features Supports automation with grid strategies, trading bots, and lending bots—ideal for users who value efficiency and hands-off execution.

P2B isn’t ideal if:

Limited regulatory clarity, which may cause uncertainty and higher perceived legal risk if you prefer fully regulated platforms.
Basic trading tools only, lacking advanced features like margin trading or sophisticated order types—less suited for power users or active traders.
Occasional withdrawal delays or support gaps, meaning if fast access to funds and responsive customer service are vital to you, P2B may fall short.

Poloniex isn’t ideal if:

Limited fiat integration may frustrate newcomers — if you don’t already hold crypto, the reliance on third-party fiat gateways can complicate entry.
Past security and regulatory issues might concern safety-prioritized users — a history of breaches and enforcement actions may raise red flags for conservative investors.
Customer support responsiveness remains uneven — multiple reports suggest slow ticket responses and occasional unresolved issues.

Fees & Total Costs

Spot Maker/Take

P2B uses a tiered structure based on 30-day trading volume, starting at 0.2 % for both maker and taker, decreasing gradually to as low as 0.01 % maker and 0.1 % taker at the highest volume tiers.

Poloniex applies a tiered fee structure based on your 30-day trading volume, where higher tiers reduce both maker and taker fees; if you hold TRX in your account, you qualify for an additional discount on those trading fees.

Futures/Derivatives

P2B does not currently offer futures or derivatives trading on its platform.

Futures trading on Poloniex charges a flat maker and taker fee regardless of volume—with maker lower than taker—and while funding rates apply to perpetuals, they are variable and not fixed in the fee table.

Average Spreads on Liquid Pairs

Typical spread data isn’t publicly listed, but high liquidity in top pairs like BTC/USDT and ETH/USDT suggests spreads are likely competitive and in line with other major spot exchanges.

Poloniex generally offers competitive spreads on high-liquidity pairs like BTC/USDT and ETH/USDT, benefiting from its maker-taker model that promotes tighter order book pricing.

Fiat Deposits & Withdrawals

Users can deposit fiat via wire transfer or credit card; withdrawals are available for fiat but come with percentage-based fees (e.g., 1 % for USD, 5 % for EUR) and processing time varies by method and currency.

You can buy crypto using fiat via integrated third-party gateways such as Simplex or Mercuryo (cards, bank transfer, Apple Pay, etc.); expect a percentage fee and relatively quick fund availability, but withdrawal to fiat isn’t native and must be handled via these services too.

On-chain Withdrawals

Crypto withdrawals such as BTC are charged a fixed network-based fee (for example, around 0.0005 BTC), with similar fixed fees applied across supported blockchains like Ethereum and Tron.

Crypto withdrawals incur a fixed network fee per asset—these vary by blockchain and may adjust with network congestion; you choose the network (e.g., BTC, ETH, TRX) and Poloniex displays the current cost before confirming the withdrawal.

Hidden Costs

Users may encounter extra charges—including currency conversion fees, inactivity penalties, or expedited KYC service fees—though specifics are not always disclosed, and should be factored into overall costs.

Beyond trading and withdrawal fees, there can be conversion costs when using fiat, indirect costs via third-party gateways, and potential eligibility or limit differences tied to KYC status—but Poloniex doesn’t charge inactivity or express processing fees explicitly.

Real-World Cost Example: “€500 BTC

If you purchased €500 worth of BTC, you’d pay the trading fee (~0.2 %) plus any embedded spread, and then send funds on-chain—incurring the fixed BTC withdrawal fee—resulting in a slightly lower net amount of BTC received than the nominal purchase suggests.

Suppose you buy €500 worth of BTC via a card gateway—you’d face a gateway fee percentage on top, then the trading fee plus a modest spread, and if you decide to withdraw the BTC on-chain afterward, you’d pay the network fee for that blockchain, all combined.

Crypto Offering & Trading Features

Number of Coins & Pairs

P2B currently supports around 118 to 120 cryptocurrencies and approximately 185 trading pairs, with its top 20 pairs including highly liquid ones such as ETH/USDT, BTC/USDT, BTC/USD, LTC/USDT, BNB/USDT, SOL/USDT, ADA/USDT, AVAX/USDT, and XRP/USDT.

Poloniex supports over 700 to 770 cryptocurrencies and around 700 to 840 trading pairs; among the top 20 by trading volume, pairs like BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, DOGE/USDT dominate, typically accounting for a significant share of the 24-hour volume.

Product Range

The platform offers spot trading, access to launchpad/IEO/IDO participation, staking/earning opportunities, API-based trading, but does not offer margin, futures or derivatives like perpetuals, options, ETFs, lending, copy trading, grid bots, or automated DCA.

Poloniex offers spot trading, margin and perpetual futures (with up to 100x leverage), staking/earn programs, lending services, futures copy trading, spot and futures grid bots, and DCA-style automated strategies—though it does not provide crypto ETFs or options natively.

Liquidity

P2B delivers notable liquidity, with 24-hour volumes exceeding one billion USD; ETH/USDT alone often sees hundreds of millions in daily volume, while BTC/USDT also ranks among the most traded, indicating solid order book depth.

Poloniex’s 24-hour trading volume generally ranges between ~$800 M and over $1.2 B, with BTC/USDT alone often seeing hundreds of millions daily, and ETH/USDT also attracting strong liquidity; while exact order-book depth data isn’t public, the high volumes imply solid market depth.

Tools

P2B’s trading interface includes limit and market orders (stop, OCO not clearly offered), customizable charts with drawing tools, real-time API access, but lacks native TradingView integration and order alerts as detailed features.

The platform supports advanced order types like limit, stop, and potentially OCO (One-Cancels-Other), provides real-time charts and advanced technical analysis tools, and offers API and WebSocket access; though it does not explicitly integrate TradingView natively, charting is robust.

Geographic Restrictions by Product

Some advanced offerings like derivatives are simply not available globally—P2B lacks complex products, and certain country-specific access (e.g., full product access in the U.S.) may be limited by regulation and platform policy.

Certain services—especially derivatives like margin and futures—are restricted in specific regions; notably, U.S. residents cannot access any Poloniex services, and other jurisdictions may face similar limitations.

Innovation

P2B distinguishes itself with a launchpad (IEO/IDO) that has grown over 2,000 projects and raised significant funds, supports multiple blockchains (24 integrated) and offers both flexible and structured earn/staking opportunities for users and projects.

Poloniex shows innovation through features like LaunchBase (token sales platform) and a flexible staking/earn framework, offering both open-term (flexible) and potentially locked-earn options, although detailed mechanics may vary.

Security, Regulation & Custody

Operating Entity & Jurisdiction

P2B is operated by a Lithuania-based company (often referenced as Partida Services), established around 2018, with links also to Ukraine and Spain, while ambiguously listing the UK as a “competent jurisdiction” despite lacking clear legal basis there.

Poloniex is operated by Poloniex, LLC, originally founded in 2014, headquartered in Delaware (with a principal business location in Massachusetts), and ultimately owned by Polo Digital Assets, Ltd. based in Seychelles.

Licenses/Registration

P2B is not officially licensed under top-tier global regulators or registered as a Virtual Asset Service Provider (VASP) under EU MiCA or equivalent frameworks, making its regulatory standing opaque and reinforcing its classification among less-regulated platforms.

Poloniex is not officially licensed or registered as a VASP in regulated jurisdictions and has previously faced enforcement actions for operating without registrations under U.S. securities laws, notably settling with the SEC for operating an unregistered exchange.

Custody

There is no public evidence that P2B uses third-party custody services, publishes standard Proof of Reserves (PoR), or discloses the percentage of assets in cold storage—indicating limited transparency in how user assets are safeguarded.

Poloniex maintains full proof-of-reserves using a Merkle tree system and publishes monthly reserve snapshots, starting with TRX; while traditional third-party audits or detailed cold-storage percentages aren’t publicly disclosed, the reserve transparency program is a step toward accountability.

Insurance & Protection Funds

P2B does not advertise any insurance coverage or protective funds for user assets, such as those that might cover losses from hacks or insolvency, which implies users bear most of the custodial risk themselves.

The platform does not advertise a dedicated insurance fund or similar institutional-level protection to cover user losses from breaches or insolvency.

Incident History

There are no recorded instances of major hacks or service suspensions publicly documented, but the platform’s downgraded compliance rating and warnings from regulators like the Canadian BCSC raise concerns about its operational risk profile.

Poloniex settled a major enforcement case with OFAC over sanctions violations and with the SEC for unregistered operations; additionally, it endured a large hot-wallet breach in late 2023 that reportedly resulted in over $114 million in user losses.

Risk Controls

P2B generally supports basic safety features including two-factor authentication (2FA) and KYC processes, though more advanced security tools like API key whitelisting, sub-account structure, anti-phishing protection, or fine-grained API permissions are either limited or not clearly detailed.

The exchange offers standard security tools including mandatory two-factor authentication (2FA), email freezing, anti-phishing guidance, and users are encouraged to manage account history and log out sessions manually; information on sub-accounts or granular API permissioning is not prominent.

Transparency

The exchange lacks routine public reporting such as monthly transparency reports, does not offer a publicly verifiable wallet address list, and does not present any formal service-level agreements (SLA), making its transparency practices minimal.

Poloniex publishes its Proof-of-Reserves reports monthly and provides tools for users to verify their balances via Merkle proofs; however, it does not regularly publish monthly financial or operational reports, SLA terms, nor a public wallet trace log.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Users can fund their account via credit/debit cards (e.g., Visa/Mastercard via Simplex), third-party e-wallets like ADVcash or Perfect Money, and bank wire transfers; deposit minimums vary by provider while processing ranges from near-instant (cards) to a few days (wires).

Users can deposit fiat using third-party gateways like Simplex via credit/debit card, bank transfers, and e-wallets; limits and processing times depend on the gateway and user’s verification level, with weekly caps around $50,000 for deposits.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

KYC is optional; unverified users face a daily withdrawal cap (~$1,000–$2,000), while completing full identity verification—providing documents, selfie, address—removes these limits and unlocks full account functionality.

Trading and basic withdrawals are accessible without completing KYC (Level 1), capped at modest daily limits; completing full verification (Level 2) unlocks higher withdrawal and trading limits and access to margin/futures.

Withdrawals

Withdrawal time depends on the asset and wallet (up to 24 hours or 36 hours for cold storage); users choose networks (e.g., ERC20, TRC20, BEP20) when available, with limits and speeds tied to asset and verification level.

Withdrawal limits scale with verification—Level 1 up to ~$10,000/day (higher with 2FA), Level 2 up to ~$1,000,000/day with 2FA and whitelisting; withdrawals are processed via supported blockchains like ERC-20, TRC-20, BEP-20, and timing varies with network congestion.

Customer Support

Support is offered 24/7 via live chat, email, Telegram, and a comprehensive knowledge base, with response times generally fast; resource materials and FAQs help resolve most routine inquiries quickly.

Poloniex offers support via email and a self-help knowledge base; live chat and multilingual support appear limited, leading to mixed reviews on response times and ticket resolution.

Languages & Localization

The platform interface is available in several languages (including English, Spanish, Korean, Russian, Turkish, Thai), displays fees and balances in EUR or USD, but doesn’t tailor regulatory details per region beyond the general operating framework.

The interface is available primarily in English, supports fiat display in USD/EUR among others, and relies on third-party providers for payment—local regulatory compliance varies by user location.

App Quality & Stability

The web interface is modern and robust with advanced charting and API stability, but mobile apps are inconsistently available—Android is claimed but hard to find, and iOS may be missing—possibly affecting mobile reliability.

The Poloniex mobile app is generally stable and regularly updated on major app stores, although a precise crash rate isn’t published; user feedback indicates occasional bugs, but overall smooth trading and wallet use.

Experience, Performance & Ecosystem

UX/UI

The interface is crafted to balance simplicity with functionality—while there’s no explicit “Lite/Pro” toggle, the trading dashboard presents a clean design with candlestick charts, multiple technical indicators, and customizable layout elements, allowing both newcomers and more experienced users to tailor their view.

The interface balances simplicity with depth—while it doesn’t offer explicit “Lite” or “Pro” modes, the design refresh has made navigation and core features more intuitive for newcomers, yet power users can still access advanced tools once familiar with the layout.

Performance

Thanks to its high-speed matching engine capable of handling up to 10,000 transactions per second, P2B maintains notably fast order executions even during high-volatility periods; user reports indicate the platform remains stable with minimal latency spikes, though KYC delays can occur during sharp bull runs.

Poloniex enhanced performance with its backend overhaul and new trading engine, resulting in reduced latency and improved stability during normal trading; however, very high-volatility periods may still challenge order execution speed, and user reports suggest occasional delays in KYC processing during bull markets.

Education

The platform lacks a formal academy or demo simulator, but it does offer educational value through blog content, project launch tutorials, and insights in Spanish and other languages—though no structured demo or Spanish-language academy currently exists.

While Poloniex lacks a dedicated trading academy or demo simulator on its site, it provides multilingual support (including Spanish) via help articles and blog content to guide users, though comprehensive interactive learning tools aren’t currently offered.

Community

P2B supports community engagement via official Telegram and live support messaging, has a referral program and periodic airdrop or trading competition incentives, but lacks a formal forum or Discord-based discussion hub for broader peer interaction.

Poloniex fosters community engagement through its Referral Center with multi-tier reward programs, ambassador levels offering commission boosts and even airdrops; it also maintains official Telegram and social media channels for announcements and community interaction.

Integrations

The exchange offers its own graphical trading tools and APIs, yet it doesn’t provide direct integration with TradingView or external trading bots, nor specialized tax or accounting tool integrations at this time.

The exchange supports bot integrations and external strategies via CCXT-certified APIs; automated bot services (e.g. DCA bots with trading signal support) are in use, and data compatibility with tax tools like Crypto Tax Calculator allows users to export trade history via API or CSV for tax reporting.

Who Each One Is Best For

P2B suits traders who value a fast, intuitive trading experience with easy token launch participation—especially project creators or early investors—while those seeking advanced educational tools, trading automation, or social trading features may find it less fitting.

Poloniex is ideal for users who appreciate advanced trading tools with moderate learning curve, enjoy automated bot trading, and prefer a platform that supports integrations—while still being accessible to reasonably tech-savvy beginners—not as suited for those seeking built-in educational simulations or ultra-simplified interfaces.