[Outdated] (limited) Warning about Poloniex

[masterOfDisaster]

According to the user interface I was allowed to withdraw 7000$ worth of coins.

Maybe the user interface and the internal calculation are not yet aligned?
From my experience withdrawing gateway proceeds I know that it normally goes quite fast, but sometimes takes a while.
Most times I don’t recognize the delay, because lately I didn’t trade on Poloniex and used it for operating the gateways. Normally I first issue the withdrawal, the start writing a status report and until I need the tx ID to link the transaction, it’s there.
If they have a soundly designed cold storage and the hot wallet is empty, they need to go (physically!) to the cold storage (because it’s completely offline) and move balances from there using a thumbdrive or anything else.
If you try to withdraw smaller amounts you might be lucky if somebody deposits funds in the emptied hot wallet.
I’ve just checked: I’m waiting for the withdrawal of NBT to be processed for 20 minutes now, but not for the first time…

Now that I cannot use bter and poloniex any more I don’t know what exchange should I use for my nubit trading.

Sounds like you should try NuLagoon Tube.

[mhps]

I’ve just checked: I’m waiting for the withdrawal of NBT to be processed for 20 minutes now, but not for the first time…

yesterday my nbt withdraw took more than 30min to be processed. first time in my memory. just a data point.

[zoro]

yesterday my nbt withdraw took more than 30min to be processed

1 hour for me

[masterOfDisaster]

Any complaints in the trollbox?
I suppose it would be full of rants if this were a general issue.

[zoro]

I just withdraw some BTC, it took 5 minutes!
way faster than NBT!
very strange

[mhps]

I just withdraw some BTC, it took 5 minutes!

Did some Peercoins. 3 min!

[Hyena]

For the record, I just received the transaction. So that’s good at least.

[masterOfDisaster]

Another one for the record: 6,800 NBT withdrawal from gateway to FLOT address has been processed by Poloniex.
A 1 NBT withdrawal I made for testing later (when I stumbled upon this thread) is still pending.

[NubitGuy]

I also had issues with withdrawal of NBT/NSR off polo since last week taking hours even a day to process from pending very annoying too open tickets for this when normally takes only a few minute
edit:
i just talk too one of the polo mods telling him im still having problems with withdrawals and a lot were having the same wd issues with NBT/NSR he said he would forward the information to support also if anyone as the same issue to open a ticket to resolve this matter faster

[desrever]

FYI I initiated a nsr withdrawal yesterday @ Polo, pending for 8 hours. Sent a ticket, they canceled my withdrawal. Re-initated this morning, still pending

[NubitGuy]

FYI I initiated a nsr withdrawal yesterday @ Polo, pending for 8 hours

you can ask a mod to cancel they have the power to cancel pending wd I tried some NBT today took me 2 Hours seems to take longer on NSR’s I hope they fix it soon before the buyback needs to withdrawal for burning

[desrever]

it worked eventually

[masterOfDisaster]

That really sounds like low balance on hot wallets - or something else…

[desrever]

I just observed they activated the splitoutputs at 10k … Is that a reccomended settings for an exchange ? cc @sigmike

[masterOfDisaster]

If they want to mint with them, while they hold them…

[sigmike]

I just observed they activated the splitoutputs at 10k … Is that a reccomended settings for an exchange ?

They will pay more fees with this setting but it’s better for their users (if they intend to mint).

[jgeewax]

I’ve got a withdrawal on Poloniex of ~400 NBT that’s been “PROCESSING” since Jan 20 (~2 days now).

Going to kick it to support and will update if I hear anything.

[jgeewax]

Opened a support ticket, and they replied back – NBT deposit went through. Looks like all’s going OK on their side.

[k9x9]

Poloniex are crooks. They are manipulating the market themselves and they stole $10K from me.

[MaVo]

well, then this is the right place for you because if possible, @jooize is going to take some money from you, too. Nushares is among the biggest crypto scams ever. The “lead architect” told the whole community that he has been hacked 3 times within 3 months and “lost” hundreds of millions of shareholder funds. He apologized as he couldn’t prove that he was hacked and promised that he didn’t take the money himself. Aha, interesting… You should definitely be extremely careful, and @jooize is doing the exact same thing as @Phoenix. Front-running buybacks and stuff. Pays himself a nice load of money every month from shareholder funds, etc.