What is Wootrade?
Wootrade is a trading platform that was established in 2019 with the goal of innovating cryptocurrency trading and investing. Wootrade is heavily marketed as the Blackpool trading exchange with the most significant and upgraded features. Platform offers significantly more liquidity and has a tighter spread than the leading rival exchanges. The Kronos management began a project in 2019 with the primary objective of providing zero transaction and even obtaining negative transaction for every deal.
Wootrade is making every attempt to rebuild or reinvent the marketplace for crypto trading so that it is effective and high-performing. Although everyday transactions are increasing and trading has undergone a full transformation, issues including limited liquidity, exorbitant fees, and market manipulation remain unresolved. With the aid of newly established incentive mechanics, Woo will resolve all trading issues affecting institutional, individual, and retail trades.
Wootrade is also known as Darkpool or an alternative trading system because it functions similarly to conventional exchanges but allows users to communicate discreetly. However, any exchange that will aid in pricing and liquidity needs a dark pool at one. Wootrade claims to be the only platform as of right now that offers zero trading costs and significant liquidity for both sports and futures trading. WooTrade will use its own customised and user-friendly interface.
Wootrade Price Prediction
|Month & Year||WOO Price Prediction|
|Exchange Platform||Huobi Global, Gate, Uniswap, Bancor Network, MDEX, AscendEX, CoinEx, Bitmart, Dodo, Sushiswap|
Woo IEO Overview
|Platform used||Gate, MXC, Bitmart, Hoo|
|Raised by||$10 million USD|
|Date of ICO||29th October 2020|
|ICO Price||$0.03 USD|
|Partners||Fenbushi Capital, Genesis Block, IOSG Venture, Three Arrows Capital, AKG Venture, SNZ, Hashkey.|
Woo Token Price Prediction
The primary and utility token of the Wootrade Exchange is the Woo Token. Woo will be given out as a reward to liquidity providers who help to lower prices and widen spreads. A benefit of the rewards system is that it will keep the best execution price available globally while allowing zero fee trading. Woo Token was first made available through an initial exchange offering on prestigious trading platforms including Gate, MXC, and others. As of writing, Woo Coin has increased by over 15 times in less than a year from its IEO price of $0.03 Recent significant increases in Woo market volume have helped projects rise to the top of the cryptocurrency platform.
Kronos Research, who also provided liquidity at the time of debut, launched WooTrade developer in 2019. When Kronos was being developed, it was producing over $45 billion in monthly trade activity. Following its debut exchange in 2020, WooTrade began offering its services with several exchange methods. With a daily volume of $150+ million, Wootrade is currently among the top 200 cryptocurrency projects by market cap volume. As of this writing, wootrade is conducting over 100k transactions every day, and that number is increasing as more users sign up for the platform. Due to their extensive exchange-related knowledge, Wootrade’s parent firm also offers liquidity on the largest cryptocurrency exchanges, such as Binance, OKEx, and Huobi.