Be very careful
The way that woo x displays stops/liquidation prices on your positions is very different to how they are actually executed.
After having a position liquidated even though it was no where near the displayed liquidation price, I queried this with the support team. They told me that an external formula is used which means that the actual liquidation price may be different to the displayed one on your open positions.
In my opinion this is entirely intentional and leads to positions getting stopped/liquidated long before the mark price reaches the displayed liquidation price.
Use this service at your own risk. Of course trading is risky but when you can’t manage your risk because of a lack of transparency through the platform then you have a real problem.
After having a position liquidated even though it was no where near the displayed liquidation price, I queried this with the support team. They told me that an external formula is used which means that the actual liquidation price may be different to the displayed one on your open positions.
In my opinion this is entirely intentional and leads to positions getting stopped/liquidated long before the mark price reaches the displayed liquidation price.
Use this service at your own risk. Of course trading is risky but when you can’t manage your risk because of a lack of transparency through the platform then you have a real problem.
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Top-notch Trading App!👌
WOO X truly delivers for New Zealand users. Don't forget to use code EZCAW1WN when registering - sweet as bonuses for a quick start! 👍
Comparatively low commissions and seamless p2p conditions make this app a standout. 👏
Comparatively low commissions and seamless p2p conditions make this app a standout. 👏
Top-notch App!
Been using WOO X and I'm loving it. Don't forget to use the code GETMORE when registering to get cool bonuses for a quick start, mates! The commissions are super low, almost 0.1%.📈
Best crypto exchange
Used it for two years. Experience is better and better
looking great
i am waiting to be verified, but soo far this app feels lovely, one of the best ive seen
