Tutorial

What's WCX?

WCX is a trading platform where you can use BTC to speculate on the price movement of financial markets.

WCX is designed to be incredibly easy to use for beginners and professionals alike. To get started, sign up and verify your account.

Basic examples

I open a 10 BTC buy position and price rises 10%. I gain 10% × 10 BTC = 1 BTC.

I open a 20 BTC sell position and price declines 10%. I gain 10% × 20 BTC = 2 BTC.

I open a 10 BTC buy position and price declines 10%. I lose 10% × 10 BTC = 1 BTC.

I open a 20 BTC sell position and price rises 10%. I lose 10% × 20 BTC = 2 BTC.

Check our in-depth example for more details.

Deposit

To trade, you need to deposit BTC. Go to the trading dashboard and click on the Deposit button in the left sidebar to get a deposit address. Deposits are credited after 1 confirmation on the blockchain.

Demo trading

WCX also offers unlimited, risk-free demo trading. You get 10 BTC to demo trade, which you can refill indefinitely. Demo trading works exactly like real trading, except your balance is fictional. You can switch between your real and demo accounts from the top left corner of your dashboard.

Submit a new position

  • Enter an Amount in the left sidebar. The amount you enter is your total order size, including leverage.

  • Click on Buy to profit from the price rising or Sell to profit from the price falling.

Buy positions are submitted at the ask price and sell positions are submitted at the bid price. Learn more about prices and spreads.

Close a position

To close an active position at market price, click on the X next to your position in the Positions panel.

When you close a position, its profit or loss is added to your balance.

You can also close your position at a predetermined take-profit and/or stop-loss price. Simply click on your position then on the TP/SL tab to set those.

Buy positions are closed at the bid price and sell positions are closed at the ask price.

Partially close a position

You can partially close an active position by using the Split feature.

  • Click on a position in your Positions panel to bring up the position's Details.

  • Click on the Split tab.

  • Enter an amount or percent you want to split off, then click Split Position.

  • Your position is now split into two smaller positions, which you can close independently.

Set a take profit and stop loss

  • Set an Amount in the left sidebar.

  • Click on Advanced, then set a Take-Profit and/or Stop-Loss for your position.

  • Click on Buy or Sell to submit your position.

  • You can also edit Take-Profit and Stop-Loss on an active position as is shown in the video.

Submit a pending order

  • Enter an Amount in the left sidebar.

  • Click on Advanced, then set a Price for your order.

  • Click on Buy or Sell to submit your order.

Pending orders act like limit orders or stop orders, depending on the price you submit. They work in both directions.

To cancel a pending order, click on the X next to it in the Orders panel.

Buy orders are triggered by the ask price and sell orders are triggered at the bid price.

Secure your account

Add a layer of security to your account by enabling 2-factor authentication (2FA) from your Settings.

Full Video Tutorial

  • 2:13 Trading Dashboard

  • 4:23 Charting

  • 6:18 Submitting a Trade

  • 9:02 Pending Orders

  • 11:44 Numbers & P/L

  • 14:03 Liquidation Price

  • 15:20 Take-Profit & Stop-Loss

  • 16:23 Splitting a position

  • 17:59 Closing a position

What's next?

To get started with WCX:

  1. Sign up

  2. Go to your trading dashboard to start trading.

You can always contact support if you have additional questions.