Wootrade (Woo): Zero Fees Crypto Broker With a Promising Token
While Robinhood and similar services offer stock trading with almost no fees, the crypto-industry is used to high transaction costs and liquidity issues. The Wootrade Network would now like to solve this problem:
THE ONLY PLATFORM TO OFFER ZERO TRADING FEES & ROBUST LIQUIDITY FOR BOTH SPOT & FUTURES — woo.trade
Wootrade is a trading platform that ensures high liquidity, low trading fees, and high reliability in trade executions for professional API traders and institutions. With WooX, also non-professional traders can take advantage of the zero trading fees. The platform is currently in the beta phase.
The platforms are free to use for the end-user. Zero-fees, while also maintaining the tightest spread possible and high liquidity.
How?
Wootrades takes advantage of the same business model as Robinhood, offering similar conditions. Ever heard about Payment for Order Flow (PFOF)? It is the compensation a broker receives for directing orders to different parties for trade execution.
“Payment for order flow is a method of transferring some of the trading profits from market making to the brokers that route customer orders to specialists for…
