BitMart, a premier global digital asset trading platform, recently announced the initial listing of Woo Network’s native token WOO on its Shooting Star trading section, which starts from 1:00 AM on October 29, 2020 (EDT). BitMart users will be able to purchase WOO tokens in a 24-hour flash sale. WOO/USDT pair will be officially listed on BitMart on October 30, 2020 (1:00 AM EDT).
Wootrade is a dark pool trading platform for digital assets that offers significantly improved liquidity, tighter spreads than the major exchanges, and zero fees. It is the beginning of a reinvention in cryptocurrency trading, which will finally create an efficient and high-performance marketplace.
Incubated by top quantitative fund Kronos Research, Wootrade aims to solve the lack of liquidity in cryptocurrency markets by providing sufficient trading depth for users with zero fees. Application of Machine Learning and AI-based trading models ensure Wootrade to prioritize execution quality over trading volumes.
Wootrade’s technology enables exchanges of all sizes to access deep liquidity pools, a necessity for trading platforms seeking to onboard demanding traders and institutional participants. It also features advanced alpha-based market-making abilities via partnerships with the leading quantitative trading teams globally.
“Security and fairness have been built in every feature of BitMart’s trading process, and Wootrade’s aim to improve the liquidity of crypto trading platforms is following our goal. By applying Wootrade’s tech, BitMart has enhanced liquidity, which provides our users with better trading efficiency and experience, when BitMart sellers can sell at competitive prices while buyers bid at higher prices. We are excited to list WOO at BitMart to provide our users with diverse investing choices.” Sheldon Xia, Founder and CEO of BitMart, said.
WOOTRADE, Inc. has obtained financial backing from prestigious institutional investors, including Dragonfly, Hashkey, Three Arrows Capital, IOSG Ventures, QSN, the ventures arm of QCP Capital, and Defi Capital. The investors are dominant global players with a proven track record of identifying solid startups and providing unique value to their portfolio companies.
In the long term, Wootrade Network plans to decentralize the governance of Wootrade and create a platform that uses blockchain technology to be both transparent and fair in its treatment of all participants.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 400+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Wootrade
Built by industry-leading quantitative trading firm Kronos Research, WOOTRADE offers greatly improved liquidity, spreads, and fees (the abolishment of). It is the next evolution in crypto trading. Exchanges, DEXs, and other trading platforms may source their entire order books from WOOTRADE at zero cost, thereby unifying liquidity across all venues. Prime nodes also enjoy revenue share for achieving flow requirements. Traders can directly use the platform via our highly intuitive and customizable interface.
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