BingX leverages the deep liquidity of the WOO network for better price execution and faster transactions

BingX is pleased to announce that it has partnered with WOO Network, a safe haven network that helps exchanges solve their liquidity problems by providing deep liquidity.

This partnership with Woo Network allows BingX users to freely access Wootrade, WOO Network’s institutional liquidity solution. Wootrade has a rapidly growing list of assets with peak daily trading volumes in excess of $600 million.

The integration of Wootrade deep liquidity through BingX will allow traders to tap into Wootrade deep liquidity pools for major pairs, allowing the Wootrade network to act as a vital liquidity support.

“WOO Network is excited to explore providing liquidity for BingX, a platform that is playing a very innovative role in bringing crypto asset trading to the global stage. BingX’s focus on compliance and security makes them an ideal partner to develop new markets and achieve more volume to our network.” – Ran Yi, Head of Ecosystem Development at WOO Network

A key benefit of the high liquidity on BingX is that it serves as an attraction, increasing investor confidence and improving the overall trading experience of our users. Sufficient access to liquidity will also lead to an increase in the order books of investors. This not only improves market transparency, but also allows users better price execution, which significantly reduces trading costs. All in all, users can expect lightning-fast transactions when making trades on BingX.

“Recently we added several coins to our platform which has resulted in an increase in our daily average trading volume. That being said, it’s crucial that liquidity becomes a frontrunner at this point. BingX is continuously working to create a trading environment that minimizes market volatility as much as possible. By partnering with Woo Network, we are confident that we can better achieve this goal.” – Global Communications Director at BingX, Elvisco Carrington

BingX has already listed well over 300 new spot trading pairs such as OMG YEARN HODL RAD and STELLAR, with that number expected to grow this quarter and next. BingX plans to deepen cooperation with Woo Network and expand its services to further develop a more satisfactory trading port that will bring profitability and bring more value to users.

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