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WOO X Referral Code: SAVE50 (Save 50% On Trading Fees!)

WOO X is among the best crypto exchanges to buy and trade crypto. Backed by Binance, the exchange has already a high reputation in the crypto space. In this article he will write about how you can save on trading fees on Woo X.

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WOO X Referral Code
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Woo X Referral Code: SAVE50 (SAVE 25% + 25% on trading fees)

Blockchain technology has taken the market by storm and it continues to unravel new cryptocurrencies for binance enthusiasts. As more buyers and investors purchase digital assets and bitcoins through various crypto exchanges.

Understandably, as cryptocurrencies are worth hefty investments, it’s critical to pick reliable crypto exchanges to ensure safety and transparency. Such over-the-counter (OTC) trades must be duly regulated to ensure customer trust, so as a result, there are hundreds of crypto exchanges that provide trading and investment opportunities to the investors.

The WOO Network is one such crypto exchange that provides traditional and customized trading options for the investors. This article will share all you need to know about the WOO Network, WOO X referral codes and how it can be useful for crypto buyers.

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Use code “SAVE50” on Woo X

What is WOO X Network?

WOO Network is a liquidity network that connects traders, institutions, DeFi platforms and exchanges. The network provides access to crypto investors to trading at affordable costs. WOO Network was introduced in 2019 by Kronos Research, a trading firm popular for its high trading volumes of up to $10 billion across the top global exchanges.

The platform addressed a major market problem in the crypto industry i.e., the lack of liquidity in centralized and decentralized exchanges.

Initially, the WOO Network introduced offers that would enhance liquidity for the users for a very low fee.

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Eventually, WOO X Network was introduced which is a centralized exchange (CEX). The other half of WOO Network is WOOFi, the decentralized exchange. The WOO Trade facilities provide an API to integrate WOO Network’s liquidity with partner exchanges. The idea is to provide a cost-friendly option for crypto traders.

Where to Buy WOO

Buying WOO is pretty simple. You can buy it from Woo X itself or Binance or Bybit . For instance, the WOO X exchange also offers trusted services for purchasing WOO X crypto currencies. Moreover, there are options to buy WOO X with credit cards and debit cards.

You can also Buy Woo token on NO KYC Exchanges.

The Unique Features of the WOO X Network

Since WOO X Network is a part of the WOO Network, it offers some intriguing and unique features. Many of its unique features are inherited by the WOO Network which has made it a reliable centralized exchange.

Thanks to its unique services and features, the WOO Network has worked with some of the most prominent names like BNP Paribas, Citadel, Virtu, Deutsche Bank, Allston, and many others.

The experts at WOO Network have vast technical and financial experience that allows them to serve their clients in a better way. Here are some of the top unique offerings available at the WOO X Network.

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Zero Fee Trading Platform

WOO X provides an excellent opportunity for starters in the crypto world. It offers zero-fee to the traders and in many cases, there is a negative fee that makes it even more appealing for buyers to take up the platform. It provides services to institutional and professional traders with excellent liquidity.

Customizable Modules

Not only does WOO X Network provide a gateway to institutional traders, it also makes sure that every trader gets what they need for better trading. Hence, WOO X Network offers workspace customization features and customizable modules that allow traders to pick and choose the desired set of features for an enhanced trading experience.

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WOO X Referral Program Rules

While trading with the WOO X platform is one thing, there are several referral options for the traders too. The WOO X referral program allows traders to earn extra credit as their referred traders use the platform.

Here is a look at the basic rules for the WOO X referral program.

  • Every user has a default referral code which allows them to create up to 20 different referral codes.
  • Users can customize their newly created code. Moreover, they can also generate a random code.
  • The referral amount can be split between the referrer and the referee. The referrer can earn from 50% to 100%, while the referee can receive up to 50%.
  • Every relation between the referrer and referee lasts for one year from the referee registration date.

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WOO X Referral Commission

The users can receive their referral commission in their spot wallet every day. All commissions are disbursed in USDT. THe users can also access their commission details and history in their referral history.

How to Calculate WOO X Commission

The users can calculate their WOO X commission through a simple formula. The commission also depends on the referral tier. There are five tiers ranging from Tier 1 through Tier 5. Here is the referral code criteria for each tier.

  • Tier 1: eligible for 2 referral codes
  • Tier 2: eligible for 4 referral codes
  • Tier 3: eligible for 12 referral codes
  • Tier 4: eligible for 16 referral codes
  • Tier 5: eligible for 25 referral codes

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To calculate the WOO X referral commission, you must be familiar with the concept of basis points (bps). The referral amount is calculated in bps. The bps represents 0.01% or 0.0001 of the total amount.

So, for instance, if you are a referrer and trade in 10,000 USDT volume, and you have tier 5 referral reward, your total referral amount will be 0.003 x 10,000 USD.

Top Features of the WOO X Platform

As a primary WOO Network for centralized finance trading services, WOO X offers a variety of features that make it an appealing option for crypto traders. Here is a quick look at some of the salient features in the WOO X network.

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Low-Fee Trading

WOO X Network trading is virtually free. Typically, traders put a lot of emphasis on the trading fee because it directly affects their trading volume. Therefore, WOO offers some intriguing fee options which helps attract more audience to the platform.

Manual trading on WOO X gives the traders a Tier 2 status which significantly reduces their trading fee. In manual trading, there is no API and the tier is available for traders staking 1800 WOO on WOO X.

Deep Liquidity

Thanks to the deep liquidity features, WOO X network allows buyers and sellers to go through with their orders more efficiently. This makes the trading platform more appealing as there are fewer or no slippage especially for larger orders.

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Moreover, deep liquidity ensures small bid-ask spread, so it allows more people to conveniently supply crypto while the orders are booked. Hence, the exchange can meet the demand and supply for the crypto currency.

Typically, the WOO Network sources the liquidity from traders who are using the platform. Moreover, there are professional liquidity providers, market makers, institutions, and exchanges that provide liquidity to the platform.

Workspace Customization

WOO X provides customized widgets, charts, and personalized elements for traders. It provides a more engaging experience to the traders. For professional traders, the customization tools help them in accessing more relevant and specific information for their trading decisions.

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Conclusion

WOO X is a versatile network that allows traders to buy and sell crypto currencies with utmost convenience. The platform offers low or no fee, provides deep liquidity and has several customization options for various types of traders. Moreover, there are several tier options which provide different types of referrals and allow traders to use the codes to generate extra revenue.

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