Woo X Review 2025 – Fees, Features, Facts & More

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November 14, 2023
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Key Takeaways
  • WOO X supports 296 spot and 250 futures markets with leverage up to 100x.
  • Users can copy expert traders, view stats, and practice with $100,000 virtual demo funds.
  • Proof-of-Reserves updates every 15 minutes, ensuring transparency of user asset backing.
  • WOO token offers up to 13.61% APY staking rewards and fee discounts.
  • Earn feature includes flexible staking and RWA vaults backed by U.S. Treasury Bills.
  • Mobile app available on iOS and Android for trading on the go.
  • Fireblocks MPC custody and ISO/IEC 27001 certification provide institutional-grade security.

Crypto exchanges are expanding rapidly, with new platforms emerging almost every month. Some focus on local needs like fiat access and easy payments, while others, such as WOO X, aim to serve a global audience with advanced trading products. In this WOO X review, we’ll explore the exchange’s core features, fees, funding options, security measures, and customer support. So by the end, you’ll know one thing for sure: is WOO X the right exchange for you?

StatsWOO X
🚀 Founded2018
🌐 HeadquartersTaipei
🔎 FounderJack Tan
👤 Active Users3M+
🪙 Spot Cryptos296+
🪙 Futures Contracts250+
🔁 Spot Fees (maker/taker)0.08% / 0.10%
🔁 Futures Fees (maker/taker)0.02% / 0.05%
📈 Max Leverage100x
🕵️ KYC VerificationRequired
📱 Mobile AppYes
⭐ Rating3.8/5

 

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WOO X Overview

WOO X, founded in 2018 by Jack Tan and headquartered in Taipei, operates as a global centralized crypto exchange under the WOO Network ecosystem. The platform focuses on combining professional trading tools with retail accessibility, aiming to deliver efficient execution and competitive trading conditions.

WOO X currently supports 296+ spot markets and 250+ futures contracts, offering leverage up to 100x. Trading fees are relatively low, with spot fees at 0.08% maker / 0.10% taker, and futures fees at 0.020% maker / 0.050% taker. The exchange also provides social trading, enabling users to follow or replicate strategies from other traders.

Woo X Review

Its native utility token, WOO, plays a central role in the ecosystem. Token holders can access trading fee discounts and participate in staking programs for additional rewards. WOO X also maintains a Proof-of-Reserves and Proof-of-Liabilities dashboard, allowing users to verify that customer assets are fully backed, a transparency measure that aligns with current industry standards.

Although the platform’s daily volumes remain modest (around $1.5 million in spot and $29 million in futures), it continues to attract traders looking for low fees, staking options, and data-backed transparency within a regulated trading environment.

 

WOO X Pros and Cons

👍 WOO X Pros👎 WOO X Cons
✅ Low trading fees for spot and futures❌ Trading volume lower than major exchanges
✅ Supports social and copy trading features❌ No live chat or phone support
✅ Staking rewards up to 13.61% APY❌ No bot trading feature available
✅ Customizable trading interface❌ Limited fiat deposit and withdrawal options
✅ Beginner-friendly TradingView interface❌ Moderate liquidity on some trading pairs
✅ ISO/IEC 27001 certified for information security

 

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WOO X KYC and Sign-up

The sign-up process at WOO X is quick and straightforward. All you need is an email address to create your account, followed by a short KYC verification to start trading.

At WOO X, KYC is mandatory, and the exchange offers two verification levels. The basic level (Level 1) gives you access to all trading features and allows up to 50 BTC in daily withdrawals. Completing this step only requires your National ID and a selfie for identity confirmation.

Once your verification is approved, you can deposit funds, start trading, and explore everything WOO X offers, from spot and futures markets to staking and social trading tools.

Step 1: Open your browser and go to the official WOO X website. Click on the “Sign Up Now” button to begin.

Woo X Review

Important: Make sure you’re on the correct website; woox.io, there are several mirrored sites that attempt phishing scams.

Step 2: On the registration page, enter your details such as email address and password.

Woo X Review

Bonus Tip: You can use our WOO X referral code GETBONUS to get a 50% profit share. Simply paste it in the “Referral Code” field before submitting your form.

Step 3: After filling out the form, click on “Create Account” to create your account.

Woo X Review

Step 4: Check your email inbox for a 6-digit verification code sent by WOO X. Paste the code in the verification field and click “Verify”.

Woo X Review

Step 5: Once your email is verified, you’ll be prompted to complete your Level 1 KYC verification.

Once your KYC verification is complete, you can start using the WOO X crypto exchange right away. You’ll also have the option to apply for Level 2 verification if you want higher withdrawal limits.

Woo X Review

Before starting the verification process, it’s important to confirm whether WOO X services are available in your country. Certain regions are restricted due to compliance laws, so checking availability beforehand can save time. You can use our free WOO X Country Checker to instantly find out if your location is supported.

🌍 Free Woo X Country Checker

Disclaimer

Due to regulations, Woo X does not support every country. To ensure that you are eligible to register on the exchange, you can use our free Woo X country checker.

Simply type in your country and see if you can use the platform or if your country is restricted.

 

WOO X Trading

At WOO X Exchange, users can access both Spot and Futures trading platforms, but only after completing the mandatory KYC verification.

The trading interface is beginner-friendly, offering a layout similar to what you’d find on other top-tier exchanges. It includes a standard order book, essential trading tools, and charts integrated with TradingView, giving users access to familiar charting features and basic technical indicators.

When it comes to order types, WOO X covers both basic and advanced options. You’ll find standard limit and market orders, along with advanced types like stop-limit, stop-market, OCO (One Cancels the Other), and trailing orders. There’s also a Hidden Order feature for traders who prefer not to display their positions in the public order book.

However, the order book liquidity appears relatively thin, with wider spreads compared to higher-volume exchanges, something that active traders should keep in mind when executing large positions.

Spot Trading

WOO X currently supports 296+ spot markets, offering trading exclusively through USDT pairs. The fee structure is competitive, set at 0.08% for makers and 0.10% for takers. The minimum trade amount varies depending on the selected trading pair, which makes it accessible for both small and large traders. Overall, the spot platform provides a straightforward trading experience with clear pricing and essential market coverage.

Woo X Review

 

Futures Trading

The Futures platform on WOO X offers 250+ contracts, all traded against USDT pairs. Traders can access up to 100x leverage, allowing for both short and long positions. Fees are set at 0.020% for makers and 0.050% for takers, keeping costs relatively low compared to other major exchanges.

Woo X Review

The trading interface includes detailed market data, such as funding rates, open interest, and contract information, helping traders make more informed decisions. With its simple layout and access to key metrics, the futures dashboard is suitable for both experienced traders and those exploring leveraged trading for the first time.

 

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WOO X Deposit and Withdrawal Methods

WOO X does not support direct fiat deposits or withdrawals. However, users can buy crypto using third-party payment providers integrated into the platform. These vendors allow purchases via credit or debit cards, depending on the region and available partners.

Woo X Review

Apart from that, users can deposit and withdraw funds using supported crypto networks. Each token has its own minimum deposit and withdrawal limit, which varies based on the blockchain network in use. It’s recommended to check the limits and network compatibility before transferring any funds to avoid delays or losses.

 

WOO X Fees

Now let’s take a look at the fees, both for trading and for any charges linked to deposits or withdrawals of funds.

Trading Fees

WOO X follows a tiered fee structure that rewards active traders and token holders with lower costs. For regular users, spot trading fees start at 0.08% for makers and 0.10% for takers, while futures trading fees begin at 0.020% maker and 0.050% taker. However, these rates decrease significantly as users move up the VIP tiers based on their WOO token holdings or 30-day trading volume.

At the VIP 5 level, fees can drop as low as 0% maker / 0.03% taker on spot markets and –0.005% maker / 0.015% taker on futures. To qualify for VIP 5, traders need to stake 1 million WOO tokens, or reach a 30-day spot trading volume above $150 million or a 30-day futures trading volume over $250 million.

Woo X Review
Spot Fees

0.08% Maker

0.10% Taker

Woo X Review
Future Fees

0.02% Maker

0.05% Taker

Deposits and Withdrawals Fees

WOO X keeps its funding and withdrawal fees fairly straightforward. For fiat deposits and withdrawals made through third-party payment providers, the exchange itself does not charge any additional fees. However, users may still incur charges from the external service they use for processing payments.

Crypto deposits on WOO X are instant and free, except for the network transaction fees, which depend on the blockchain being used.

When it comes to crypto withdrawals, WOO X applies a small withdrawal fee in addition to the applicable network fee. The total cost varies depending on the specific cryptocurrency and network selected, so it’s best to review the withdrawal fee table before transferring funds.

 

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WOO X Products and Services

Every exchange today offers more than just trading, they provide added opportunities. Let’s take a closer look at what WOO X offers its users beyond the standard spot trading platform.

WOO X Trading

WOO X offers a clean, beginner-friendly trading interface across both Spot and Futures markets. The layout includes all the essentials; an order book, TradingView-powered charts, and a range of basic and advanced order types such as limit, market, stop-limit, OCO, and trailing orders. Beyond the standard setup, WOO X also provides a social trading experience, allowing users to follow or copy professional traders directly from within the platform.

Woo X Review

 

Mobile App

The WOO X mobile app, available on both iOS and Android, carries a 3.5-star rating and enables users to trade anytime, anywhere. The app includes the same core features as the desktop version, access to spot and futures markets, social copy trading, and even yield-earning options for users who prefer to manage their portfolio on the go.

Woo X Review

 

WOO Token

The WOO Token is the native asset of the WOO X ecosystem. Holding and staking WOO provides trading fee discounts and staking rewards of up to 13.61% APY, making it a central part of the exchange’s loyalty and reward system.

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Social Trading

WOO X’s social trading system is designed for both new and experienced traders. Copiers can view detailed performance metrics for Lead Traders, including ROI, Sharpe Ratio, and drawdown, helping them make informed decisions before allocating funds. Users can also practice with $100,000 in virtual demo funds, which simulate real market conditions.

Woo X Review

Funds for copy trading are kept separate from the main trading account, and with WOO Shield, users can define personal risk settings, such as stop-loss limits, position sizing, and maximum allocation per trader. For those who prefer to take an opposite stance, WOO X introduces Countertrading, a feature that lets users automatically take the reverse position of a Lead Trader, a unique option for volatile markets.

 

Earn

The Earn feature on WOO X allows users to generate passive income on their idle digital assets. Both flexible and locked options are available across five supported cryptocurrencies. In addition, WOO X provides RWA (Real-World Asset) vaults, backed by high-yield corporate bonds and U.S. Treasury Bills, giving users more stable earning opportunities compared to traditional staking products.

Woo X Review

 

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WOO X Security

Security is a central part of WOO X’s operations. The exchange partners with Fireblocks, an institutional-grade custody solution that uses Multi-Party Computation (MPC) technology to protect user assets. This system eliminates single points of failure by distributing cryptographic keys across multiple parties.

While WOO X has built a strong infrastructure, its reputation faced challenges after a $14 million breach in July 2025, which temporarily affected user confidence. Since then, the platform has strengthened its internal security controls and implemented continuous monitoring systems to detect and mitigate potential risks early.

Woo X Review

WOO X maintains a live Proof-of-Reserves dashboard, updated every 15 minutes, allowing users to independently verify that all customer assets are backed one-to-one. The exchange also employs 24/7 monitoring of network health and blockchain activity to identify irregularities in real time.

At the user level, several protective measures are in place, including mandatory Two-Factor Authentication (2FA) for logins and withdrawals, anti-phishing codes to validate official communications, and whitelisting of trusted withdrawal addresses. Users can also set separate passwords for trading and withdrawals to add another layer of account protection.

Additionally, WOO X holds an ISO/IEC 27001 certification from BSI, demonstrating compliance with international information security standards. According to CER.live, the exchange currently holds a CCC rating, which indicates a moderate level of protection compared to higher-rated competitors.

 

WOO X Customer Support

Users can reach the WOO X support team directly by emailing support@woo.network or by submitting a request through the official support portal at support.woox.io. The help center includes basic troubleshooting guides and FAQs covering common account and trading issues.

That said, the overall customer support experience could be improved. Currently, WOO X offers only one communication channel; email, which can be slow during high-volume periods. The absence of live chat, phone, or text support limits user accessibility and responsiveness, especially for time-sensitive matters. As the platform continues to expand globally, enhancing its support options would help strengthen user confidence and improve the overall trading experience.

 

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WooX Alternatives

Woo X is a good choice for traders looking for deep liquidity and low fees, but if you’re exploring other options, consider these:

  • Bybit: Bybit is a popular choice with a wide range of features, deep liquidity, and a large user base.
  • BingX: BingX is another good option for high-leverage traders and also offers a variety of trading tools and a social trading platform.
  • BloFin: If you’re looking for a no-KYC option with competitive fees and a good selection of cryptocurrencies, BloFin is a solid choice.
Feature Woo X Bybit BingX BloFin
Established 2018 2018 2018 2019
Spot Fees (Maker/Taker) 0.08% / 0.10% 0.10% / 0.10% 0.10% / 0.10% 0.10% / 0.10%
Futures Fees (Maker/Taker) 0.020% / 0.050% 0.020% / 0.055% 0.020% / 0.050% 0.020% / 0.060%
Max Leverage 100x 100x 200x 150x
KYC Required No Yes No No
Supported Cryptos (Spot) 296+ 726+ 964+ 564+
Futures Contracts 250+ 578+ 464+ 440+
No KYC Withdrawal Limit Not Allowed Not Allowed $50,000 $20,000
24h Futures Volume $24.21M+ $16.02B+ $4.62B+ $1.01B+
Trading Bonus None $30,000 $5,000 $5,000
Key Features • Professional platform
• No KYC required
• Low Spot fees
• Advanced trading bots
• Copy trading available
• High liquidity
• No KYC required
• Highest leverage (200x)
• Copy trading
• No KYC required
• High leverage (150x)
• Multiple fiat options
Sign Up Sign Up Sign Up Sign Up Sign Up

 

Bottom Line

WOO X stands out as a well-structured exchange that offers a balanced mix of spot and futures trading, competitive fee tiers, and thoughtful features like social trading and staking through the WOO token. Its spot trading fees are lower than many top-tier exchanges, making it appealing for cost-conscious traders who value transparent pricing and a clean interface.

However, WOO X still has room to grow. The absence of features like bot trading, limited fiat on-ramp options, and relatively modest liquidity can be restrictive for certain users. Still, the platform delivers solid value for those seeking a straightforward trading experience with added transparency through its Proof-of-Reserves system.

If social trading is what draws your attention, you might also want to check out our detailed guide on Bybit’s Social Trading; a platform known for its advanced copy-trading ecosystem and deeper liquidity.

 

FAQs

1. Is WOO X a safe exchange?

WOO X uses Fireblocks’ MPC custody technology, 24/7 system monitoring, and Proof-of-Reserves verification updated every 15 minutes. The exchange is also ISO/IEC 27001 certified by BSI. While it experienced a $14 million breach in July 2025, additional security measures have since been implemented.

 

2. Does WOO X require KYC verification?

Yes. KYC is mandatory to trade or withdraw funds on WOO X. Level 1 verification requires a National ID and selfie, granting access to all trading features and up to 50 BTC daily withdrawals. Users can upgrade to Level 2 for higher limits.

 

3. What are WOO X trading fees?

Spot trading fees start at 0.08% maker / 0.10% taker, and futures fees at 0.020% maker / 0.050% taker. Active traders or WOO token holders can unlock lower VIP-tier fees, as low as 0% maker / 0.03% taker for spot and –0.005% maker / 0.015% taker for futures at VIP 5.

 

4. Does WOO X support fiat deposits or withdrawals?

No, direct fiat deposits or withdrawals are not supported. Users can buy crypto through third-party payment providers using credit or debit cards, and handle deposits or withdrawals via supported crypto networks.

 

5. What is the WOO token used for?

The WOO token powers the platform’s ecosystem. It offers trading fee discounts and staking rewards of up to 13.61% APY, making it useful for traders seeking lower costs or passive income opportunities.

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