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Basics of Cryptocurrencies/ Tokens/ Digital Assets/Account, Registration and Verification

What are cryptocurrencies?

Cryptocurrencies are a new form of digital currencies which are built on top of a new technology called blockchain. Cryptocurrencies are secure (through latest encryption techniques), fast and fully traceable.

Risk Warning: Blockchain assets (digital currency and digital equity) transactions have extremely high risks (technical defects, high fluctuating rate, banker manipulation, team dismissing, etc.). WOWX provides an online platform for all blockchain asset enthusiasts. The exchange platform does not bear any responsibility for any review, guarantee or compensation regarding the investment value of the assets. If you cannot accept such terms, please be cautious while trading.

Why should I invest in cryptocurrencies?

As for any kind of financial instrument, cryptocurrencies offer an opportunity to make huge profits (or capital gains) due to substantial volatility in prices.Investing in cryptocurrencies is investing in the future.

Which cryptocurrencies are supported on Wow Exchange

Currently, Wow Exchange supports Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Ripple (XRP),Bitcoin Cash(BTH). More cryptocurrencies (or altcoins) will be added soon.

What is blockchain?

Blockchain is a digital ledger in which transactions made in bitcoin and other cryptocurrencies are recorded chronologically and publicly. It’s one of the fastest growing revolutionary technologies which has applications in almost all sectors and industries.

Can I trade on Wow Exchange without registration or KYC verification?

No, you cannot trade on Wow Exchange without registration or KYC verification. You will need to create a Wow Exchange account and complete KYC verification by providing all relevant information to begin trading. Please go client cabinet to upload the document for verification.

Which documents are required for KYC verification on Wow Exchange

For KYC Verification on WOWX, you will need to submit ID ProofID Proof – National Identification (NRID) or Passport (International) (both front and back scans) and Handheld National ID / Passport – Selfie photo must include a note marked with “WOWX”, “Today’s Date”, and “Signature” held by your hand, and ensure the identity information and your face are clear, unobstructed and recognizable.

How to create a new password if I have lost/ forgotten my old one?

Go to Wow Exchange Terminal, click on “Forgot Password” button. Enter your email and submit then you will be redirected to page where you can reset your password.

How do I update my email address or mobile number on my Wow Exchange account?

Drop a mail to support@gowowx.lotusarts.xyz mentioning your previous email, raising a request to change them. We will process the same within 7 business days to make the necessary changes.