The more assets to buy and sell on the market, the higher its liquidity. Traders prefer highly liquid markets because the difference (spread) between the offer price (ask) and the bid price (bid) is minimal.
Together with the trading platform WOO X we tell you how traders can access high liquidity markets, how to avoid paying trading fees and why personalize your personal trading space.
Role of WOO X in the WOO Network
WOO X is a centralized crypto exchange with spot and futures markets for active traders and institutional clients. The platform aggregates liquidity from other centralized and decentralized trading platforms.
WOO X supports 100 spot and 40 futures pairs. KYC is required for unlimited trading and withdrawals.
The platform is one of the key ecosystem products WOO Network. The network was launched by a company quantitative trading Kronos Research in 2019. The daily trading volume of the market maker is $5-10 billion.
WOO is a native token of the WOO Network ecosystem for staking, reducing trading commissions, as well as paying rewards through the Trade-to-Earn system. At the time of publication, the price of 1 WOO is $0.2133.
The issue of the token is 3 billion WOO. The project burns part of the tokens every month. The goal is 1.5 billion WOO in circulation. The network has already burned over 16 million WOOs.
How to trade commission-free and earn income from every trade on WOO X
The WOO X trading platform charges 0.03% for spot and futures trading on the site. API transaction fees are 0.04%. Traders who stake 1800 WOO or more pay zero commission or receive a discount.
In addition, WOO X launched a system rebates Trade-to-Earn for takers who trade manually on the spot market and stake from 25,000 WOO. The platform accrues them for each trade and pays them to the trader’s account daily in WOO tokens, along with the main rewards for staking. WOO X does not pay rebates for transactions in the futures market.
How much can you earn on WOO staking
WOO staking has a base annual return of 4.8%. The final profitability depends on the activity of the trader on the site. For the convenience of calculating profits, the exchange displays them in the form of bonus multipliers or challenges.
For example, the Diamond Hands bonus multiplier takes into account the term and volume of tokens in staking. The Trade Aracde bonus multiplier depends on the number of trades of $100 or more made by the trader in the last 30 days.
In addition, native token holders can earn on yield farming on the SushiSwap, Uniswap and PancakeSwap platforms, as well as use WOO as collateral for crypto loans.
WOO X — exchange-constructor for personalized trading
The platform allows traders to customize the interface of the trading space for individual tasks. All blocks and widgets of the platform can be rearranged, enabled, disabled and customized depending on your needs.
Traders can create multiple workspaces for different trading conditions.
In addition, the platform allows you to create up to 10 sub-accounts and trade through the API.
findings
WOO X is a crypto exchange that uses aggregated liquidity for spot and futures trading. WOO X does not disclose the list of partner exchanges that provide liquidity.
By staking the WOO token, users can reduce trading fees to zero and receive rebates for trades. The site has a fully customizable workspace interface.
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Found a mistake in the text? Select it and press CTRL+ENTER
The more assets to buy and sell on the market, the higher its liquidity. Traders prefer highly liquid markets because the difference (spread) between the offer price (ask) and the bid price (bid) is minimal.
Together with the trading platform WOO X we tell you how traders can access high liquidity markets, how to avoid paying trading fees and why personalize your personal trading space.
Role of WOO X in the WOO Network
WOO X is a centralized crypto exchange with spot and futures markets for active traders and institutional clients. The platform aggregates liquidity from other centralized and decentralized trading platforms.
WOO X supports 100 spot and 40 futures pairs. KYC is required for unlimited trading and withdrawals.
The platform is one of the key ecosystem products WOO Network. The network was launched by a company quantitative trading Kronos Research in 2019. The daily trading volume of the market maker is $5-10 billion.
WOO is a native token of the WOO Network ecosystem for staking, reducing trading commissions, as well as paying rewards through the Trade-to-Earn system. At the time of publication, the price of 1 WOO is $0.2133.
The issue of the token is 3 billion WOO. The project burns part of the tokens every month. The goal is 1.5 billion WOO in circulation. The network has already burned over 16 million WOOs.
How to trade commission-free and earn income from every trade on WOO X
The WOO X trading platform charges 0.03% for spot and futures trading on the site. API transaction fees are 0.04%. Traders who stake 1800 WOO or more pay zero commission or receive a discount.
In addition, WOO X launched a system rebates Trade-to-Earn for takers who trade manually on the spot market and stake from 25,000 WOO. The platform accrues them for each trade and pays them to the trader’s account daily in WOO tokens, along with the main rewards for staking. WOO X does not pay rebates for transactions in the futures market.
How much can you earn on WOO staking
WOO staking has a base annual return of 4.8%. The final profitability depends on the activity of the trader on the site. For the convenience of calculating profits, the exchange displays them in the form of bonus multipliers or challenges.
For example, the Diamond Hands bonus multiplier takes into account the term and volume of tokens in staking. The Trade Aracde bonus multiplier depends on the number of trades of $100 or more made by the trader in the last 30 days.
In addition, native token holders can earn on yield farming on the SushiSwap, Uniswap and PancakeSwap platforms, as well as use WOO as collateral for crypto loans.
WOO X — exchange-constructor for personalized trading
The platform allows traders to customize the interface of the trading space for individual tasks. All blocks and widgets of the platform can be rearranged, enabled, disabled and customized depending on your needs.
Traders can create multiple workspaces for different trading conditions.
In addition, the platform allows you to create up to 10 sub-accounts and trade through the API.
findings
WOO X is a crypto exchange that uses aggregated liquidity for spot and futures trading. WOO X does not disclose the list of partner exchanges that provide liquidity.
By staking the WOO token, users can reduce trading fees to zero and receive rebates for trades. The site has a fully customizable workspace interface.
Subscribe to Cryplogger news in Telegram: Cryplogger Feed – the entire news feed, Cryplogger — the most important news, infographics and opinions.
Found a mistake in the text? Select it and press CTRL+ENTER
