Poloniex Launches in Malaysia: Expanding Access to Global Crypto Trading

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The global cryptocurrency exchange Poloniex has officially entered the Malaysian market, marking a significant milestone in its international expansion strategy. On May 8, 2022, Poloniex hosted its first blockchain seminar in Kuala Lumpur at Vertical, Connexion Bangsar South, in collaboration with APENFT. This event served as the inaugural stop of the Poloniex Global Tour, aiming to educate new users about blockchain technology and strengthen engagement with existing traders.

This strategic move highlights the growing demand for accessible and secure digital asset platforms in Southeast Asia—a region increasingly embracing decentralized finance and crypto-based investment solutions.

Building Awareness Through Community Engagement

At the heart of the launch event was a mission to demystify blockchain and promote financial empowerment. The seminar brought together industry experts, including Franco Gan, Director of AI and Blockchain from Singapore, who shared foundational insights into blockchain mechanics. Arravind Prabu, CEO of Cryptobilis, delivered a compelling talk on cryptocurrency security, addressing common concerns among retail investors.

Attendees were also treated to exclusive NFT giveaways from APENFT, Poloniex’s sister company, which recently launched its own NFT marketplace and released a Genesis NFT collection. These initiatives reflect a broader effort to build trust and foster long-term community relationships in Malaysia’s emerging crypto ecosystem.

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Empowering Users with High Withdrawal Limits and Security Features

One of the key announcements came from Kingsley Tan, International Markets Manager at Poloniex, who emphasized user accessibility and financial freedom. "Poloniex allows users to withdraw up to $50,000 worth of cryptocurrency daily," he revealed. "All you need is an email registration and two-factor authentication (2FA) enabled for added security."

With a background in traditional banking and fintech innovation, Tan spoke passionately about economic instability and the role of crypto as a hedge against inflation. Drawing attention to real-world crises like Zimbabwe’s hyperinflation, where citizens once carried wheelbarrows full of cash for basic purchases, he underscored how blockchain enables borderless transactions and personal wealth preservation.

"Ten years ago, I knew about Bitcoin when it was just $200," Tan reflected. "If I had invested everything then, I’d be a billionaire today." His story resonates with many who are now reevaluating digital assets not just as speculative tools, but as viable long-term stores of value.

A Trusted Platform with Extensive Trading Options

Founded in January 2014, Poloniex has established itself as one of the most resilient and influential players in the cryptocurrency exchange landscape. During its peak, the platform accounted for up to 50% of global Bitcoin trading volume, a testament to its early dominance and robust infrastructure.

Today, Poloniex offers more than 150 trading pairs, enabling seamless exchanges between major cryptocurrencies such as:

As one of the earliest exchanges to support Ethereum, Poloniex played a pivotal role in fostering smart contract adoption. In 2017, it ranked as the world’s top exchange by trading volume, further cementing its reputation for reliability and performance.

Under the leadership of TRON founder Justin Sun, who acquired the platform in 2019, Poloniex accelerated its globalization efforts—particularly across Asia-Pacific markets like Malaysia.

Advanced Tools for Active Traders

Beyond spot trading, Poloniex supports advanced financial instruments through Poloniex Futures, offering leveraged trading with up to 100x leverage on perpetual contracts. Traders can access futures markets for leading assets including:

This feature caters to experienced traders seeking higher-risk, higher-reward opportunities within a secure and liquid environment.

Additionally, Poloniex provides deep liquidity support, ensuring fast order execution and minimal slippage—critical factors for day traders and institutional participants alike.

The platform currently serves users in nearly 100 countries and offers multilingual support in English, Chinese, Vietnamese, Turkish, and Russian—making it highly accessible to diverse global audiences.

Global Recognition and Strategic Partnerships

Poloniex's commitment to innovation was further demonstrated by its role as a major sponsor at Bitcoin 2022, one of the world’s largest crypto conferences held in Miami from April 6–9. The event gathered over 35,000 crypto enthusiasts and 3,500 companies, showcasing Poloniex’s presence on the world stage alongside industry leaders.

This level of visibility reinforces Poloniex’s position not only as a trading venue but also as a thought leader shaping the future of decentralized economies.

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Frequently Asked Questions (FAQ)

Q: Is Poloniex available in Malaysia?
A: Yes, Poloniex officially launched services in Malaysia in May 2022 as part of its global expansion plan. Malaysian users can now register and trade directly on the platform.

Q: What are the daily withdrawal limits on Poloniex?
A: Users can withdraw up to $50,000 worth of cryptocurrency per day after completing standard verification steps and enabling 2FA.

Q: Does Poloniex offer futures trading?
A: Yes, Poloniex Futures allows users to trade perpetual contracts with up to 100x leverage on major cryptocurrencies including BTC, ETH, and TRX.

Q: How many trading pairs does Poloniex support?
A: The platform offers more than 150 trading pairs, covering major coins like BTC, ETH, DOGE, USDT, APE, GMT, and others.

Q: Is prior banking experience common among Poloniex executives?
A: Yes, several team members—including Kingsley Tan—have backgrounds in traditional finance and fintech, bringing valuable expertise in security, compliance, and user experience.

Q: What languages does Poloniex support?
A: The platform supports multiple languages including English, Chinese, Vietnamese, Turkish, and Russian to serve a global user base.

Core Keywords

With strong infrastructure, competitive features, and a clear focus on education and accessibility, Poloniex is positioning itself as a preferred gateway for Malaysians entering the world of digital finance.

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By combining technical excellence with community-driven growth strategies, Poloniex continues to evolve as a cornerstone of the global crypto economy—offering both novice and expert traders powerful tools to navigate the decentralized future.