Pros & Cons |
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Fast gworing on Layer2 networks
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Variety of products for traders
Buyback and burn model for Woo tokens
Both web and mobile apps are available
WOO Network is chain agnostic but SpaceFi is not
Know your customer checks are required on WOO Network but not on SpaceFi
Interface supports English, Ukrainian, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian and Indonesian whereas SpaceFi doesn't
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Very new player in Defi
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Low accesibility to customer service
The company is registered in Cayman Islands
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Staking Rates |
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The table below compares the staking rates for SpaceFi and WOO Network.
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Company |
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Legal name
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Legal name
WOO Network
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Year founded
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Year founded
2019
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Decentralised
Yes
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Decentralised
Yes
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Open source
No
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Open source
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Products |
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Savings accounts
Yes
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Savings accounts
Yes
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Loans
Yes
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Loans
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Crypto to crypto exchange
Yes
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Crypto to crypto exchange
Yes
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Fiat to crypto exchange
No
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Fiat to crypto exchange
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Pro exchange marketplace
No
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Pro exchange marketplace
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Peer to peer exchange
No
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Peer to peer exchange
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Futures exchange
Yes
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Futures exchange
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Chain agnostic
No
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Chain agnostic
Yes
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Security |
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Credit check
No
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Credit check
No
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Support |
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Chat support
Yes
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Chat support
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Investment Strategy |
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Liquidity pools
Yes
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Liquidity pools
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DeFi products
Yes
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DeFi products
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Unsecured loans
No
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Unsecured loans
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Independent proof of reserves
Yes
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Independent proof of reserves
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Registrations & Regulation |
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Know your customer
Yes
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Know your customer
No
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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.