WCX
WCX is a Cryptocurrency, Forex and CFD broker with Bitcoin based trading accounts.
Notice
We are no longer promoting WCX. The information regarding to WCX on the website 'Hercules.Finance' maybe outdated.
WCX - What's now?
Note that WCX has been acquired by Trade8, a bitcoin-based FX and stock trading platform.
If you're a WCX user, you can continue trading on Trade8 as usual.
- Who is WCX?
- WCX Company Information
- WCX Trading Information
- WCX’s Bonus Promotions
- WCX’s native crypto token “XT”
- Fund Safety with WCX
Who is WCX?
WCX is an online Cryptocurrency, Forex and CFD brokerage firm founded in 2017.
The broker provides a web-based trading platform to trade Cryptocurrency pairs, Stocks, Indices, Commodities, Forex and Bonds.
One of the main feature of WCX is that you can manage your funds only with BTC (Bitcoin).
With WCX, you can use BTC to speculate on the price movement of financial markets.
The main differences of WCX and other standard Crypto brokers are as follows:
| Comparison | WCX | Other Crypto Exchanges |
|---|---|---|
| Trading Fees | None | 0.1 – 1.0% |
| Market Liquidity | Guaranteed | Not guaranteed |
| Maximum Leverage | 1:300 | 1:2 to 1:100 |
| Account Base Currency | Only Bitcoin | Many Crypto and Fiat currencies |
According to the WCX Official Website, the broker has has acquired over 100,000 traders by 2019.
To join WCX and start investing, follow the steps below.
- Open an account
Go to the registration page and get started. - Deposit
Transfer BTC funds from anywhere to get started. deposits and withdrawals are made in BTC only - Trade
Go long or short to profit from rising or falling prices. - Earn
Profits and losses are paid out directly to you in BTC.
WCX Trading Information
By opening an account with WCX, you can trade over 110 financial instruments of various financial markets including Cryptocurrency pairs, Stocks, Indices, Commodities, Forex and Bonds.
You can start trading from the minimum margin size of 0.001 BTC, by benefiting from WCX’s high leverage 1:300.
WCX does not charge any for fund deposits or withdrawals.
The only cost you may need to cover while investing with WCX is the spread, the difference of bid and ask prices on the platform.
WCX also guarantees “No Slippage” of orders by using their own liquidity pool, thus involving no order books.
The guaranteed market liquidity is for all financial instruments.
WCX’s Bonus Promotions
WCX runs a bonus promotion which you can get $30 worth of bitcoin for free.
This $30 No Deposit Bonus is available for all new traders.
By signing up for the first time, WCX will give you the bonus without you making a deposit.
After receiving the $30 welcome bonus, you can withdraw withdraw profits after at least 0.01 BTC in deposits and 30 BTC worth of trades.
WCX’s native crypto token “XT”
WCX has its own native crypto token which is called “X Token (XT)”.
The X Token, XT is the base currency for the entire WCX’s ecosystem.
Every quarter, WCX company buys back a fixed amount of XT on the WCX exchange and burn them, in order to effectively reduce the total available supply.
Fund Safety with WCX
WCX takes a number of measures to protect clients’ funds.
Their fund protection activities include DDOS protection, 2-factor authentication (by using the Google Authenticator (iOS or Android) or Authy (iOS or Android) app), web authentication using security keys and offline storage for client crypto keys.
WCX makes sure that over 98% of funds are placed in cold storage and the rest are privately insured.
The 2% of funds are used to process withdrawals quickly.
While you can get $30 welcome bonus for free, you can also try a demo account to try out the trading platform of WCX without risking your own funds.
WCX Ratings And Reviews
WCX's Rate
WCX Company Profile
WCX provides a platform where you can invest in over 100 financial markets and manage funds only with Bitcoin.
| Regulations & Licenses | None |
|---|---|
| Founded | 2017 (7 years) |
| Traders Rating | |
| Supported Platforms | |
| Crypto-Currencies | Not Available |
| Client Funds Safety | Crypto Cold Storage |
Disclaimer about leverage:
Leverage is offered based on your knowledge and experience. The leverage /margin requirements may be subject to change as subject of applicable regulation in your country of residence.
Wcex is a scam broker!
After depositing your funds and trading (at least 30 BTC) they will disable your account! No answers and explanation from WCEX why!
So obviously fraud!