Futures trading is highly risky and may result in potentially unlimited losses. As a futures trader, you should always be aware of your risk tolerance, investment objectives, investment experience, and financial condition.
You agree that you conduct all futures trading on your own account and fully understand the risks associated with futures trading and be solely responsible and liable for any and all trading and non-trading activity on your WOO X account. We do not take any responsibility for any loss or damage incurred as a result of your use of any services or your failure to understand the risks involved with assets use generally or your use of our services.
You shall be solely responsible and liable for knowing the true status of any position, even if presented incorrectly by WOO X at any time.
You agree to maintain in your WOO X account a sufficient amount of Digital Assets (which is defined in our Terms of service) to avoid forced liquidation of assets (please refer to our WOO X Futures Trading Rules for more information).
You agree to trade and operate in good faith. No person shall trade with intent to disrupt, or with reckless disregard for the adverse impact on, the orderly conduct of trading or the fair execution of transactions. WOO reserves the right to prohibit and prosecute any disruptive and manipulative trading practices that we find to be abusive to the orderly conduct of trading or the fair execution of transactions. If WOO suspects any such accounts to be in violation of this term, we shall have the right to immediately suspend your WOO X account (and any accounts beneficially owned by related entities or affiliates), freeze or lock the Digital Assets or funds in all such accounts, and suspend your access to WOO X.
During WOO X system maintenance, you agree that you are solely responsible and liable for managing your account under risks, including but not limited to, keeping or closing your position.
You agree that all investment operations conducted on WOO X represent your true investment intentions and that unconditionally accept the potential risks and benefits of your investment decisions.
WOO X Futures are NOT available to users who are currently located in prohibited jurisdictions (please refer to List of unsupported countries). We reserve the right to suspend or terminate WOO X Futures service subject to applicable law and regulation change at any time.
Due to network delay, computer system failures, and other force majeure, which may lead to delay, suspension, or deviation of WOO X Futures service execution, we will use commercially reasonable effort to ensure but not promise that WOO X Futures service execution system runs stably and effectively. We do not take any responsibility if the final execution doesn’t match your expectations due to the above factors.
We reserve the right to remove any listed Digital Asset on WOO X, at any time.
You can only choose either futures trading or margin trading on the same account. However, you can separate trading futures and conduct margin trading via our subaccount features (for more details regarding subaccounts, please refer to our Subaccount Guidelines).
You should thoroughly read and understand our Terms of service before you start trading WOO X Futures.
