Pros & Cons |
|
Founders and team is displayed on the website
$15,570 USD currently invested (TVL)
|
Variety of products for traders
Buyback and burn model for Woo tokens
Both web and mobile apps are available
Been in business longer than Bank of Chain
(Founded 2019 vs 2021)
Crypto exchange available on WOO Network but not on Bank of Chain
WOO Network is chain agnostic but Bank of Chain is not
Interface supports English, Ukrainian, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian and Indonesian whereas Bank of Chain doesn't
|
|
|
|
|
Community is not strong
Directly dependent on other DeFi protocols
|
Low accesibility to customer service
The company is registered in Cayman Islands
|
|
|
Staking Rates |
|
The table below compares the staking rates for Bank of Chain and WOO Network.
|
|
|
|
Company |
|
Legal name
|
Legal name
WOO Network
|
Year founded
2021
|
Year founded
2019
|
Decentralised
Yes
|
Decentralised
Yes
|
Open source
Yes
|
Open source
|
|
|
Products |
|
Savings accounts
Yes
|
Savings accounts
Yes
|
Crypto to crypto exchange
No
|
Crypto to crypto exchange
Yes
|
Fiat to crypto exchange
No
|
Fiat to crypto exchange
|
Pro exchange marketplace
No
|
Pro exchange marketplace
|
Peer to peer exchange
No
|
Peer to peer exchange
|
Margin trading
No
|
Margin trading
|
Instantly buy crypto with fiat
No
|
Instantly buy crypto with fiat
|
Futures exchange
No
|
Futures exchange
|
Chain agnostic
No
|
Chain agnostic
Yes
|
|
|
Security |
|
Credit check
No
|
Credit check
No
|
|
|
Support |
|
24/7 support
No
|
24/7 support
|
Chat support
No
|
Chat support
|
|
|
Investment Strategy |
|
Liquidity pools
Yes
|
Liquidity pools
|
DeFi products
Yes
|
DeFi products
|
|
|
Registrations & Regulation |
|
Know your customer
No
|
Know your customer
No
|
|
|
We always rank and compare products objectively and impartially.
We carefully research products for legitimacy before adding them to the platform.
We never sell or disclose your data to anyone.