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WOO Network Review 2026

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3.54/10
TU Overall Score
The TU Overall Score is an independent, data-driven rating based on 140+ measurable data points, including security and regulation, fees, trading tools, supported coins and markets, deposit/withdrawal options, and verified user feedback. Key factors are additionally validated through real-account testing with live deposits to reflect actual trading and withdrawal conditions.
Learn more about TU’s methodology
Minimum deposit:
  • 0.0001 BTC
Trading platform:
  • WOO X Web
  • WOOFi Web
  • WOO X Mobile
Trading features
  • Dynamic staking percentage

Our Evaluation of WOO Network

3.54/10
TU Overall Score
The TU Overall Score is an independent, data-driven rating based on 140+ measurable data points, including security and regulation, fees, trading tools, supported coins and markets, deposit/withdrawal options, and verified user feedback. Key factors are additionally validated through real-account testing with live deposits to reflect actual trading and withdrawal conditions.
Learn more about TU’s methodology
Traders Union icon

WOO Network is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.54 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by WOO Network clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

WOO Network is a young exchange that offers products and platforms for traders with different trading experience. Clients can trade a large number of cryptocurrency pairs with leverage, and earn passive income.

How we tested WOO Network

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Brief Look at WOO Network

WOO Network is the brainchild of Kronos Research co-founders, which specializes in high-frequency trading, market making and arbitrage. As an independent entity, the exchange began its operation in 2018. By 2022, the number of its offices has grown to 12, and employees to 100 people. WOO Network’s regular partners are Binance, MEXC, Gate.io, AscendEx, etc. Its clients have access to margin trading more than 200 cryptocurrency pairs, as well as futures contracts. The exchange holds trading tournaments with cash prizes; offers staking and a referral program.

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Advantages of trading with WOO Network:
  • the minimum deposit is only 0.0001 BTC;
  • a wide range of financial instruments;
  • low trading fees with the possibility of reduction to 0%;
  • support for extended types of limit orders;
  • leverage up to 1:5;
  • availability of a functional mobile app and two platforms with different capabilities (DeFi and CeFi);
  • staking option and referral program.
Disadvantages of WOO Network:
  • no fiat withdrawal (uro, US dollars and other currencies);
  • it is not possible to contact customer support in real time;
  • the exchange is registered in the Cayman Islands, and its activities are not monitored by financial regulators.

TU Expert Verdict

Anton Kharitonov

Chief Analytics Officer

WOO Network provides access to trading 194 cryptocurrencies, as well as derivatives such as futures and options, through both web-based and mobile platforms including WOO X and WOOFi. The exchange supports leverage up to 1:5, features advanced order types, and offers spot and futures trading with competitive fees that can be reduced to zero for maker trades. Users may benefit from staking options, a referral program, and mobile apps with strong ratings. Verification using KYC is required, and security measures include cold wallet storage and two-factor authentication.

However, a notable drawback is that WOO Network is registered in the Cayman Islands and is not regulated by any government authority. Additional disadvantages include the absence of direct fiat withdrawals, the inability to contact customer support in real time, and a more limited range of supported coins compared to leading exchanges. As a result, WOO Network may not be suitable for traders who require regulatory oversight or direct access to fiat transactions, but could appeal to those focused on low fees, margin trading, and advanced crypto trading features.

Trade with this broker, if:
  • You prioritize low fees and deep liquidity, as WOO Network offers some of the lowest fees in the cryptocurrency exchange space, particularly on their flagship WOO X exchange. They provide zero-fee maker trades and competitive taker fees, leveraging Payment for Order Flow (PFOF) to access deeper liquidity, potentially leading to improved trade execution.
  • You value advanced trading features as WOO X caters to experienced traders by offering advanced features such as customizable workspaces, margin trading, and ladder trading. These features empower traders to implement sophisticated trading strategies and optimize their trading experience.
Do not trade with this broker, if:
  • You rely on direct fiat deposits or withdrawals. WOO X may not be suitable for your needs as it currently doesn't support fiat transactions.
  • You're averse to the PFOF model. Some users might have reservations about the Payment for Order Flow (PFOF) model adopted by WOO X, which could raise concerns about potential conflicts of interest.

WOO Network Summary

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💻 Trading platform: WOO X Web, WOOFi Web, WOO X Mobile
📊 Accounts: Standard
💰 Account currency: BTC, USDT and other cryptocurrencies
💵 Deposit / Withdrawal: Crypto wallets
🚀 Minimum deposit: 0.0001 BTC/ETC, 0.0002 LTC, 0.001 ETH
⚖️ Leverage: 1:3-1:5
💼 Copy Trading: No
📈️ Min Order: Depends on the cryptocurrency 
💱 Commission: Spot: 0.1%-0.2%
Futures: 0.02%-0.03%
🔧 Instruments: 194 supported coins, Futures, Perpetual contracts, Options, Fiat.
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Available
➕ Affiliate program: Yes
📋 Order execution: Market, Limit, Stop Market, Stop Limit, OCO, Post-Only, Reduce-Only, IOC, FOK
⭐ Trading features: Dynamic staking percentage
🎁 Contests and bonuses: Free tokens for new users, lotteries and cash prize draws, trading contests

WOO Network accepts and withdraws only cryptocurrencies; the exchange does not work with fiat. The deposit can be funded with 97 digital coins. Margin trading is available.

WOO Network Key Parameters Evaluation

Video Review of WOO Network

Score:
Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
5.25/10

Regulation and Safety

With a 5.25/10 score, WOO Network demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.

Advantages of WOO Network
  • Cold wallet storage
  • No successful hacks history
  • 2FA
Disadvantages of WOO Network
  • Not U.S regulated
  • Not tier-1 regulated

WOO Network Security Factors

We also compared WOO Network against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

WOO Network Kraken Coinbase
Tier-1 regulation No Yes Yes
Government-regulated No Yes Yes
Investor protection fund No No Yes
2FA Yes Yes Yes
Facial recognition No No No
Cold wallet storage Yes Yes Yes
Successful hacker attacks No No Yes

Is WOO Network a regulated crypto exchange?

WOO Network is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean WOO Network is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

Is verification (KYC) mandatory at WOO Network?

Yes, KYC verification is mandatory at WOO Network. You will need to complete the verification process before you can open an account and access the platform's full range of services.

Is WOO Network available in the USA?

WOO Network is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.

You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .

Score:
This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
7.7/10

WOO Network commissions and fees

WOO Network received a 7.7/10 score for its trading fees. While WOO Network is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

Advantages
  • Futures fees below industry average
  • Spot fee below industry average
  • No deposit fee
Disadvantages
  • Withdrawal fee may be applied
  • P2P fee applied

What are WOO Network trading fees?

We analyzed WOO Network’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

WOO Network trading fees vs competitors

WOO Network Nexus Trade CoinMetro Industry average
Spot, maker fee (%) 0.1 0.22 0.1 0.15
Spot, taker fee (%) 0.2 0.22 0.2 0.194
Futures, maker fee(%) 0.02 0 0 0.024
Futures, taker fee(%) 0.03 0 0.053

What are WOO Network deposit and withdrawal fees?

Deposit fee, % 0
Withdrawal fee, % 0.0005 BTC 0.005 ETH

Does WOO Network offer P2P trading?

Yes, WOO Network offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.

WOO Network P2P Fees

WOO Network P2PB2B BTSE
P2P maker fee (%) 0,03 - 0,05 0,2 0,01
P2P taker fee (%) 0,05 - 0,07 0,2 0,05
Score:
We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
8.5/10

Deposit and Withdrawal

WOO Network received a 8.5/10 rating for its deposit and withdrawal services. WOO Network supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.

Advantages
  • Bank transfers for deposits and withdrawals
  • Google Pay supported
  • P2P for flexible transfers
  • Many cryptocurrencies for deposits and withdrawals
Disadvantages
  • Withdrawal fee applies
  • No PayPal option

Deposit and withdrawal options

WOO Network supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, Google Pay, Apple Pay.

WOO Network Deposit and withdrawal options vs competitors

WOO Network Kraken Coinbase
Bank transfers Yes Yes Yes
Bank card Yes Yes Yes
Crypto Yes Yes Yes
PayPal No Yes Yes

What is WOO Network minimum deposit?

The minimum deposit at WOO Network is 10 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

WOO Network minimum deposit vs competitors

WOO Network Kraken Coinbase
Minimum deposit, USD or USDT 10 10 10
Minimum deposit, BTC 1 1 1
Minimum trade amount, USD/USDT 1 1 2

Does WOO Network support fiat money?

WOO Network supports fiat currency trading and account funding. The following fiat currencies are accepted:

Score:
Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
6.5/10

Supported coins & markets

WOO Network received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. WOO Network supports 194 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.

Advantages
  • Yield farming available
  • Crypto options available
  • Fiat currencies supported
Disadvantages
  • Copy trading not available
  • Only 194 supported coins

WOO Network supported coins and markets vs competitors

We compared WOO Network with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

WOO Network Kraken Coinbase
Supported coins 194 278 249
Futures/Perpetual contracts Yes Yes Yes
Options Yes No No
NFTs No Yes Yes

WOO Network passive income options vs competitors

We also compared WOO Network with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

WOO Network Kraken Coinbase
Staking Yes Yes Yes
Yield farming Yes Yes Yes
Copy trading No Yes No
Score:
This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.
8/10

Trading apps & tools

WOO Network received a score of 8/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.

Advantages
  • Advanced charting with TradingView support
  • Positive user feedback on the iOS app
  • Android app score 5
  • App data protection with 2FA
Disadvantages
  • No Face ID
  • No trading bots for traders
  • No access to Copy Trading

Trading apps

WOO Network provides web and mobile apps for both Android and iOS users, with an average rating of 4.8 on the App Store and 5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the WOO Network platform is for mobile use.

WOO Network Kraken Coinbase
2FA Yes Yes Yes
Face ID No No No
Mob Indicators Yes Yes Yes
Alerts Yes Yes Yes
Advanced Orders Yes Yes Yes
Trading with bots No No No
API Yes Yes Yes
Extra trading platforms No No No

Does WOO Network offer a desktop app?

No, WOO Network does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.

Does WOO Network offer advanced charting with TradingView integration?

Yes, WOO Network offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.

Contacts

Foundation date 2020
Registration address Cayman Islands
Official site https://woo.org/
Contacts

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