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WOO Network reviews

Average rating of 77% based on 22 reviews.

Founded 5 years ago in 2019.

Use anonymously. No KYC required.

Decentralised exchange.

Reviewed by Yunis
24 October 2022 (Updated 14 July 2024)

WOO Network Crypto Platform

Woo Network was founded by Jack Tan and Mark Pimentel in 2021. Both founders, Jack and Mark, are also former Kronos Research co-founders. Woo Network is a deep liquidity network that is incubated by Kronos Research. Kronos Research is a well-known quantitative trading firm. Woo Network stands out with its democratized access to different liquidities with low-cost trading experience.
 
Woo Network has raised more than $52 Million so far, including $10 Million in seed funding and $42 million in a Series A funding round. Binance Lab is among the investors with $12 Million in Series A. Woo Network offers both centralized and decentralized exchange services. Woo X is the centralized exchange (CEX) platform with zero-fee, and WooFi is the decentralized exchange (DEX) platform. Woo is one of the promising examples of CeDeFi (Centralized Decentralized Finance)projects. Binance Labs are intensively investing in DeFi and CeDeFi projects.
 
Woo Network aims to be a major player by serving as a bridge between centralized and decentralized finance. The founders’ have markable previous experiences with trading and liquidity providing. Woo network’s founders’ successor company Kronos Research has been a spearhead market maker in the crypto markets for a long time reaching over $7-8 Billion in daily volume.
 
The Woo network has a variety of products to offer its users. Spot trading, futures trading, staking, launchpad, wallet, and storage tools are available for users on the platform. You can also download the mobile trading app and use it on your mobile phone.
 
Woo tokens are used as a utility tokens on the platform. The company has an ongoing buyback and burn program to protect users who hold WOO tokens. Woo tokens have a deflationary characteristic. Woo tokenomics is well-distributed for all parties. Investors only have 10% of the tokens.
 

Pros

tick Variety of products for traders
tick Buyback and burn model for Woo tokens
tick Both web and mobile apps are available

Cons

cross Low accesibility to customer service
cross The company is registered in Cayman Islands

WOO Network Staking Yields

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WOO Network Reviews

Based on a total of 22 reviews across the web for WOO Network we gave the platform an overall rating of 77%.

User Reviews
Overall User Rating
76%
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Expert Reviews
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91%
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WOO Network YouTube Reviews

WOO Network Supported Currencies

WOO Network supports over 80 currencies including Bitcoin, Ethereum, Tether USDt and Solana.

WOO Network Languages

WOO Network's supports the following languages: English, Ukrainian, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian and Indonesian.

WOO Network Key Data

Company
Legal name WOO Network
Year founded 2019
Decentralised tick Yes
Products
Savings accounts tick Yes
Crypto to crypto exchange tick Yes
Chain agnostic tick Yes
Security
Know your customer cross No
Credit check cross No
Key People
Mark Pimentel
Co-Founder
Jack Tan
Co-Founder

ALooking at reviews from across the web, WOO Network has an average review score of 77% based on 22 reviews.

Useful Links

WOO Network Contact Details

https://woo.org/
Taipei, Taiwan

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