WOO X is a cryptocurrency exchange with high-quality adaptation for the Ukrainian-speaking community. We have already mentioned this site in the framework of draw 1 BTC among new users, and also reported on the integration of WOO X with the Diya service, which simplified the verification of users from Ukraine. And now WOO X is running a native token staking campaign and a giveaway. Let’s take a look at what a campaign is and how to make money.
Stake Campaign by WOO X
Recently appeared on WOO X staking function native $WOO token. Through staking, $WOO received additional utilities, and users of the exchange received several advantages:
- $WOO stake rewards. The current APY is 4.83%.
- Commission discounts for spot, margin and futures trading.
- The ability to withdraw a deposit from the exchange for free.
In combination with a referral program that provides a percentage of referrals staked funds, staking on WOO X can be seen as a good tool to reduce traders’ costs and earn money. In addition, the $WOO token itself has been demonstrating positive price dynamics over the past 3 months:
Now to the terms and conditions:
- You can withdraw tokens from staking 7 days after blocking. If you want to pick up the steak earlier, then you need to pay a 5% penalty.
- To get not only APY, but also a bonus in the form of a zero commission, you need to stake at least $1800 WOO, which is ~$350 at the current rate.
- Referral rewards are given only if the referrals have staked manually, without using the API.
To participate in the staking program, you need a verified account on WOO X, but, as we already mentioned, you can go through verification through Diya. And, if you have already participated in the drawing of 1 BTC in honor of the site’s birthday, then you should already have an account.
Special prize pool for stakers and traders
To encourage staking, WOO X is adding a $6,800 WOO raffle to the standard benefits of the service, running from March 2nd to March 9th.
- 100 random users will receive 50$WOO. To qualify for them, you need:
- or stake 50 WOO tokens;
- or make a trading volume of $500.
- 1 random user will receive 1800$WOO. The probability of getting a super prize does not depend on the staked amount.
The conditions for participation in the draw are as follows:
- You need to create an account on the exchange by going to this link and pass KYC to gain access to the staking service.
- Registered users can also participate if they created an account using the referral link from our previous posts.
- Then stake on the site from $50 WOO or make a trading volume of $500.
Participants who meet these requirements automatically enter the draw and can claim one of the prizes. You do not need to fill out a form or otherwise confirm participation.
Important: user activity is tracked automatically, linked to referral link, so that only those who registered an account through this link get into the draw. If you have created an account without a referral code, you will not be able to claim the prize pool.