WCX is a bitcoin-funded derivatives trading platform, not a crypto-to-crypto exchange. Trading on WCX has many advantages over trading on a traditional exchange.
You don't have to deal with a dozen different assets in a dozen different wallets. On WCX, deposits and withdrawals are made in BTC only. Since we don't have to deal with banks or fiat money, everything is faster and cheaper.
There are 0 fees for trades, deposits, and withdrawals. On WCX, your total cost of trading is the market spread. Compare that to a crypto exchange which charges the spread plus a fee.
When you submit an order on WCX, you don't have to worry about it being executed partially or at another price due to lack of liquidity or slippage. Thanks to our liquidity pool (no order books), the price you submit your order at is the price your order is fully executed at.
You don't have to settle for trading just the crypto markets – there's plenty of opportunity in the traditional financial markets, too. WCX offers trading on dozens of cryptos, stocks like Apple, indices like the NASDAQ, commodities like Oil and Gold, forex like EUR/USD, and more. See all our markets.
WCX lets you short the markets so you can profit from falling prices, too.
Leverage allows you to multiply your buying power, and hence your profits and losses. WCX lets you adjust the leverage on each trade you submit, up to 300x on some markets (or 30x if you're an EU resident). You always have the option to trade without leverage by selecting 1x leverage.
Trade with confidence by easily setting take-profit and stop-losses that limit your risk and execute at flawlessly at the prevailing market price.
Trade in demo mode, which works exactly like the real thing, except your balance is fictional. It's a good opportunity to discover the platform if you're new, or to test out your trading strategies. You get 10 BTC in demo funds initially that you can refill indefinitely.
We're the first derivatives platform to publish our price sources and spread calculation methods.
Amatsu walks you through the benefits of trading on WCX vs a traditional exchange.
If you're looking to buy and hold a specific crypto-currency, like buying ETH with BTC, then you are better off using an exchange. WCX does not allow exchange between currencies.
If you're looking to deposit fiat (USD, EUR, etc.) to trade or buy assets, you're better off using a traditional stock broker in your country of residence.
If you're looking to hold for long periods of time (more than a few months), you're better off using a stock broker or actually purchasing the underlying asset you want to hold. On WCX, decay applies to your open positions, which makes them more suitable to hold for periods of less than six months (short-term and mid-term trading).