# Been mining to Poloniex, should I switch? **URL:** \ **Category:** Mining\ **Created:** [July 9, 2017, 7:25pm UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871 "2017-07-09T19:25:11Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![carlosabia](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/carlosabia/32/4710_2.png) [@carlosabia](https://forum.zcashcommunity.com/u/carlosabia)\ **Post date:** [July 9, 2017, 7:25pm UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/1 "2017-07-09T19:25:11Z")
Been depositing all ZEC payments to my Poloniex account, but with all transactions disabled this week and having read people losing some transfers, am getting paranoid and considering to switch. Should I? Have heard good things of Kraken and Bittrex. Edit: I’ve seen a couple of other similar threads, but am curious to see what everyone uses if not Poloniex. ---
**Author:** ![josehmetal](https://avatars.discourse-cdn.com/v4/letter/j/b19c9b/32.png) [@josehmetal](https://forum.zcashcommunity.com/u/josehmetal)\ **Post date:** [July 9, 2017, 7:34pm UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/2 "2017-07-09T19:34:45Z")
Right now i am using an offline wallet, and changelly if i want to exchange the ZEC for any other currency, also bittrex is a good option, but their exhange tool is not enabled right now. PD: hope polo issues get fix this week. ---
**Author:** ![lloydXmas](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/lloydxmas/32/4559_2.png) [@lloydXmas](https://forum.zcashcommunity.com/u/lloydXmas)\ **Post date:** [July 9, 2017, 11:53pm UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/3 "2017-07-09T23:53:24Z")
Never use an exchange’s wallet for your mining reward payouts. ---
**Author:** ![carlosabia](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/carlosabia/32/4710_2.png) [@carlosabia](https://forum.zcashcommunity.com/u/carlosabia)\ **Post date:** [July 10, 2017, 2:06am UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/4 "2017-07-10T02:06:34Z")
I agree. It’s just temporary while my ledger nano arrives (it’s been two months) ---
**Author:** ![JJA](https://avatars.discourse-cdn.com/v4/letter/j/258eb7/32.png) [@JJA](https://forum.zcashcommunity.com/u/JJA)\ **Post date:** [July 10, 2017, 3:30am UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/5 "2017-07-10T03:30:14Z")
May I ask why? I figured it would be easiest to utilize an exchange to convert the reward payouts to BTC, and then to USD so I could pay back my rig investment. Is there a more prudent course of action? ---
**Author:** ![Blue](https://avatars.discourse-cdn.com/v4/letter/b/3bc359/32.png) [@Blue](https://forum.zcashcommunity.com/u/Blue)\ **Post date:** [July 10, 2017, 3:35am UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/6 "2017-07-10T03:35:35Z")
Because things like polo could happen and all your rewards are stuck. Happened to me awhile back. ---
**Author:** ![krasher](https://avatars.discourse-cdn.com/v4/letter/k/2acd7d/32.png) [@krasher](https://forum.zcashcommunity.com/u/krasher)\ **Post date:** [July 10, 2017, 3:52am UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/7 "2017-07-10T03:52:10Z")
@Blue is jaxx wallet fine to send my zcash mining then do exchange on whatever trade platform ? Am new to mining so just wondering. ---
**Author:** ![carlosabia](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/carlosabia/32/4710_2.png) [@carlosabia](https://forum.zcashcommunity.com/u/carlosabia)\ **Post date:** [July 10, 2017, 5:53am UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/8 "2017-07-10T05:53:50Z")
The zcash eventually deposits in the Poloniex wallet, right? It sucks though, having that money stuck and nothing to do ---
**Author:** ![lloydXmas](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/lloydxmas/32/4559_2.png) [@lloydXmas](https://forum.zcashcommunity.com/u/lloydXmas)\ **Post date:** [July 10, 2017, 7:45am UTC](https://forum.zcashcommunity.com/t/been-mining-to-poloniex-should-i-switch/18871/9 "2017-07-10T07:45:17Z")
Like Blue said. Look at the history of exchanges with fiat: MtGox, Crytpsy, Bitfinex, and Bithumb (just a week ago). Hold on to what you own until you want to spend it. Jaxx is a centralized wallet, which means you’re trusting a 3rd party to store your coins safely.