> ## Documentation Index
> Fetch the complete documentation index at: https://uncoded.ch/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Poloniex — Setup and Operation

> Long-established US-origin venue. Broad listings on older crypto assets. Underscore-separated symbol format.

<Info>
  **Poloniex is a long-established US-origin venue (since 2014).** Broad listings on older crypto assets. Smaller market share now than peak years but reliable for operators wanting historical-venue diversification. Underscore-separated symbol format (`BTC_USDT`).
</Info>

## When Poloniex makes sense

<CardGroup cols={2}>
  <Card title="Historical-asset coverage" icon="landmark">
    Poloniex was a major venue in earlier crypto years. Some older altcoins are well-traded here.
  </Card>

  <Card title="Tertiary venue diversification" icon="puzzle-piece">
    For operators running 3+ venues, Poloniex adds historical-venue diversification.
  </Card>

  <Card title="As a niche venue" icon="boxes-stacked">
    Specific older altcoins may have better Poloniex liquidity than newer venues.
  </Card>

  <Card title="USD and USDT pairs" icon="dollar-sign">
    Both quote types available, providing flexibility.
  </Card>
</CardGroup>

## When NOT to use Poloniex

<Warning>
  * ❌ **As your starter or only venue** — established majors better for primary.
  * ❌ **For broadest altcoin coverage** — KuCoin/MEXC/Gate.io broader.
  * ❌ **For latest token listings** — Poloniex less aggressive on new listings vs MEXC.
  * ❌ **For very low fees** — `0.20%` taker is mid-tier.
</Warning>

## Account creation

<Steps>
  <Step title="Sign up at Poloniex">
    Standard signup.
  </Step>

  <Step title="Verify email">
    Standard verification.
  </Step>

  <Step title="Complete KYC">
    KYC for spot trading.
  </Step>

  <Step title="Enable 2FA">
    Authenticator app preferred.
  </Step>
</Steps>

## API key creation

<Steps>
  <Step title="Navigate to API settings">
    Account → API.
  </Step>

  <Step title="Create new API key">
    Standard flow.
  </Step>

  <Step title="Configure permissions">
    * ✅ **Read / Trade** — enable.
    * ❌ **Withdrawal** — leave unchecked. NEVER enable.
  </Step>

  <Step title="Set IP allowlist">
    Paste your VPS IP.
  </Step>

  <Step title="Save key and secret">
    Save both immediately.
  </Step>
</Steps>

## Connecting unCoded to Poloniex

<Steps>
  <Step title="Open Dashboard, add Poloniex">
    "Exchanges" → "Add Exchange" → "Poloniex."
  </Step>

  <Step title="Paste credentials and test">
    API key + secret. Test Connection.
  </Step>
</Steps>

## Poloniex-specific quirks

<AccordionGroup>
  <Accordion title="Symbol naming uses underscores" icon="font">
    Poloniex pairs use underscore separation: `BTC_USDT`, `ETH_USDT`. Same format as Gate.io.
  </Accordion>

  <Accordion title="Long history but smaller now" icon="clock-rotate-left">
    Poloniex was a top-3 venue in earlier years. Market share has declined as Binance/Bybit grew. Liquidity OK on majors but not deep.
  </Accordion>

  <Accordion title="Fee structure" icon="coins">
    Default `0.20%` taker. Volume tier discounts available.
  </Accordion>

  <Accordion title="Limited sub-account support" icon="layer-group">
    For strategy isolation, prefer venues with mature sub-account features.
  </Accordion>
</AccordionGroup>

## Troubleshooting Poloniex-specific

<AccordionGroup>
  <Accordion title="Authentication fails" icon="circle-exclamation">
    Standard checks: IP allowlist, permissions, credential whitespace.
  </Accordion>

  <Accordion title="Symbol not found" icon="font">
    Use underscore format (`BTC_USDT`).
  </Accordion>

  <Accordion title="Slippage on thin pairs" icon="weight-scale">
    Reduce per-order size for less-liquid symbols.
  </Accordion>
</AccordionGroup>

## Best practices for Poloniex operators

<Tip>
  * ✅ **Use underscore symbol format** (`BTC_USDT`).
  * ✅ **API permissions: Read + Trade only** — never Withdrawal.
  * ✅ **IP allowlist**.
  * ✅ **2FA with authenticator app**.
  * ✅ **Use as tertiary venue** rather than primary.
  * ✅ **Smaller per-order sizes** on thinner pairs.
  * ✅ **Quarterly rotation**.
</Tip>

## What's next

<CardGroup cols={2}>
  <Card title="API Key Security" icon="shield" href="/exchanges/api-key-security">
    Universal principles.
  </Card>

  <Card title="Binance Setup" icon="building-columns" href="/exchanges/binance">
    The recommended primary.
  </Card>

  <Card title="Other venues" icon="ellipsis" href="/exchanges/other-venues">
    Remaining production-ready.
  </Card>

  <Card title="TradingBot" icon="robot" href="/modules/tradingbot">
    The execution engine.
  </Card>
</CardGroup>