Buy WOO Network (WOO)
What is WOO Network?
WOO is a network that seeks to connect traders, exchanges, institutions and DeFi platforms. The idea is to have plenty of powerful liquidity and no or very low trading fees.
Institutional investors are offered liquidity that allows them to improve their bid and ask prices by comparing prices with many other exchanges.
The idea is that traders, exchanges, large investors and DeFi platforms will feel at home here.
Buy WOO Network (WOO)
Buying WOO Network is very easy and safe these days.
Step 1: Sign in
Create a free account so you can buy, sell or save WOO Network.
Step 2: Deposit Euros
Choose an amount and deposit money into your personal account. You can do this through the mobile app or through the desktop website. You can use various payment methods including local currency at Anycoin Direct.
Step 3: Buy WOO Network (WOO) securely
Buy WOO Network or other digital currencies within seconds. Choose how or where you want to store these coins, and start trading.
It's that simple! Within minutes you can buy WOO and they will be in your personal account.
History of WOO Network
In 2019, the WOO Network (then called Wootrade) was conceived by Kronos Research, a 2018 trading firm dedicated to market making, arbitrage and high frequency trading. In 2020, the network was launched.
Founders included Jack Tan and Mark Pimentel.
3 billion WOO tokens were created in 2020, distributed through public and private sales. Part of the tokens went to the team, advisors and ecosystem.
Over time, this network has launched a variety of services and products, including WOO X and WOOFi. As a result, WOO Network works well for both smaller traders and institutional traders.
The original name WOO Network was later simply changed to WOO in January 2024.
The WOO token
This is a native utility token that can be used to reduce the cost of trading on CeFi and DeFi platforms. You can also staker it. You can get WOO Ventures airdrops with it and it is also the platform's governance token.
Deflation WOO token
Of the total stock, according to their provided information, 50% will eventually be burned, which usually means that the price has little inflation.
Of the initial 3 billion tokens, 2.2 billion remain in April 2024, with the rest burned. 1.8 billion are in circulation. Around 7% have the team and advisors, 2% the Series A investors and 8% are for the future team and advisors.
Total market capitalization takes them to place 150 in CoinGecko. Highest price ever was one and a half euros. Trading volume of this digital currency was around 10 million euros at the end of April 2024.
Since 2013
Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.
Security
Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.
Community
Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe.
Buy WOO Network in a matter of seconds
Why Buy WOO Network (WOO) via Anycoin?
With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.
Do you have any questions about a specific coin, a payment, or any of our services? Know that you can call us, email us, or start a livechat. At Anycoin Direct, you get personal assistance. No chat-bots, but real people.
Anycoin Direct is active since 2013, making it one of the oldest crypto brokers in the Netherlands. Anycoin has an official registration with the DNB and is the official crypto partner of Heroes Den Bosch. A true pioneer in the European crypto scene.
Anycoin Direct supports all common payment methods, from SEPA to credit card. On our platform, you buy Bitcoin within seconds.
Buy crypto in three easy steps!
You can create a free Anycoin Direct account within minutes.
Verify your identity with one of our trusted verification partners.
Buy, sell, swap and store your favorite coins. Never miss a moment.
Anycoin Vault
The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
Foundation
Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
Additional information about WOO Network (WOO)
What is WOO X?
WOO X is a centralized trading platform that charges no fees when trading. This platform aims for very high liquidity for trading by professional traders and institutional investors.
Payment for Order Flow model
Special to this exchange is the Payment for Order Flow (PfOF) model, which rewards brokers for forwarding orders to a variety of market participants for trade execution, thus generating more competitive transaction costs.
There is a lot of focus on security, which they generate with an extra layer of security so that only you can access your account.
Future trading on WOO X
If you have WOO X on your screen you will see a similar screen to TradingView. You can trade perpetual futures here, such as BTC-PERP, ETH-PERP and other leveraged products. You can use common strategies such as limit order, stop limit, stop market, OCO (one cancels the other) and trailing stop.
WOO X staking
In the WOO X strike program, you can strike a number of WOO as you choose. The more you strike, the less trade fees you pay. By making referrals, combined with the number of WOO staked, you can pay less and less trade fees. There are 5 levels, where at the highest level you even get money back on a futures trade. Granted, then you have to have a lot of money and trade a lot.
Trading fees WOO X
Maker and taker trading fees are very low, 0.08% and less.
You can choose which coins you want as collateral.
At WOO X, they try to make all types of traders feel comfortable, from beginners who just want to buy crypto to professionals and large investment institutions who want to trade with leverage.
WOO Leaderboard
On their WOO Leaderboard, you can see which traders are the best and you can possibly follow their trades. The highest scores here are built by consistency and how often you have positive trading results. You can also have a good look here at who is going completely wrong and almost spinning their entire stack through!
The top traders can make a lot of money here if others copy their strategies. Those who achieve good results may well take a look here to see if you might be able to settle in at the top and get up to 50% of the profits from your copy traders, plus additional benefits.
WOO Launchpad
On their Launchpad, you can be the first to be there when a new and promising project is launched.
Much WOO, much WOW!
What is WOOFi?
One DEX to rule all chains.
WOOFi is a decentralized exchange that seeks to provide better on-chain liquidity and easier trading by traders. Common things like swapping, staking and farming are available on chains like the Binance Chain (BNB Chain) and Avalanche.
Synthetic Proactive Market Maker algorithm model
Through their synthetic Proactive Market Maker (sPMM) algorithm model, they avoid middlemen and get lower swap costs for their clients.
When you connect to this DEX you are served the usual recipe: You have to click "Connect wallet" and once you have connected you can do whatever you can do on any other DEX.
DEX trading tools
On this DEX you can do some more extensive trading. There are limit order, market order, stop limit and stop market orders. This way you don't have to be present with your trades all the time, as is the case with many early DEXs.
Staking and farming rewards.
On USDC you can get solid returns of around 30% here. On staking WOO, you can get additional returns on top of the 30% APR you already get. The more you strike, the higher the returns. If you go unstaking, your future returns become lower due to a reduction in your Multiplier Points which ensure that loyal stakers get more earnings.
Wootrade is their liquidity pool of DeFi products for institutional investors.
Reserve ratio
Every 15 minutes this site shows how much reserves they have and how much custody ratio (cold storage or in custody). The reserves are above 100% and the custody ratio they are trying to get to close to 100%. Transparency and security of funds is essential for this network.
Partners and team WOO
Partners of Network WOO include Kronos, Binance, Avalanche and Fireblocks.
The team of WOO
Kronos Research has hatched WOO. Members come from top companies like Deloitte, Citi, all kinds of major universities around the world and MIT. Jack Tan and Mark Pimentel are among the most prominent members.
Conclusion
WOO is a well put together trading platform. It seems to have been created primarily to present big bags a pleasant environment, such as institutional investors and whales.
Yet an ordinary trader can also participate here without having to put a lot of money on the table. If you also achieve good results, you can earn good money here as a top trader.
Useful links
Sign up and buy WOO Network (WOO)
Anycoin App
Crypto Partner of Heroes Den Bosch