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Poloniex cryptocurrency exchange adds support for 0x platform token

Leading cryptocurrency exchange Poloniex has announced support for the token of the decentralized exchange protocol 0x.

Backed by Polychain Capital, Blockchain Capital, Fintech Blockchain Group, Pantera, and Jen Advisors, 0x recently raised $24 million in an initial coin offering (ICO).

Poloniex has added support for ZRX token, with trading pairs ZRX/BTC and ZRX/ETH now available on its platform.


The announcement follows an official statement from the exchange on its token listing policy in the wake of the SEC’s recent Investigative Report on TheDAO.

Poloniex clarified that it will not list securities and will delist any tokens on its platform that it believes to be securities. It said:

“As part of our compliance processes, we periodically assess listed tokens, and some may end up delisted as a result. In the process of undertaking this review, we may find that although a token is unlikely to be a security, it may still warrant delisting because liquidity, volume, and overall community involvement may be too minimal to warrant continued support on our platform.

“We will continue to comply with U.S. securities law. We will also continue to assess new tokens that seek to trade on our platform and monitor those already listed. We will not list tokens that are securities. We will delist any tokens already on our exchange if we come to believe they are securities, whether that be by changing interpretation of the law or changes in how the tokens and underlying networks function over time.”


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