WOO X launches social trading product, offering reverse trading function

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MarsBit
09-09
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Mars Finance reported that on September 9, according to official news, WOO X announced the launch of a social trading product: WOO X Social Trading, and provided a reverse trading function, allowing users to strategically hedge the trading behavior of traders who bring orders, and capture more profit opportunities under different market conditions. The platform also introduced a fair profit-sharing model, where users only share profits when the portfolio is truly profitable, ensuring the transparency and fairness of transactions. At the same time, WOO X's WOO Shield and position isolation risk management tools, as well as the independent portfolio function, will help users customize copy trading strategies more safely and improve trading control.

WOO X is committed to providing a fair and transparent trading environment. The platform's profit sharing model is based on a "high-water mark" mechanism, ensuring that users only share profits when their portfolios actually make a profit. This approach, combined with a strict KYC process and a comprehensive review of traders, ensures that users can trade in a safe and secure environment.

The WOO ecosystem includes the WOOFi decentralized trading protocol, the WOO X centralized cryptocurrency exchange, and the WOO ecosystem token. With a daily trading volume of over $600 million, WOO X is known for its transparency and provides trading products such as the GMCI index, RWA income vault, and the newly launched Social Trading.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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