[ANN] Whaleclub: Margin Trade Crypto, Oil, Gold, Stocks w/ Bitcoin or Dash

[whaleclubco]

Can you trade all Altcoins? and short them as well?

Yes we currently offer LTC/USD, ETH/BTC, and XMR/BTC, both long and short, up to 5x leverage. We're adding more altcoins in March - suggestions are welcome.

[1714100623]

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[1714100623]

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[1714100623]

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[1714100623]

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[vk279]

Any plans on adding Metatrader?

[whaleclubco]

Any plans on adding Metatrader?

We're working with them to integrate BTC as base currency and hope to have something by mid year. Our web trader however replicates most MT4 features and more, and our newly released API allows programmatic trading.

[whaleclubco]

DASH/BTC trading is now live on Whaleclub! Get up to 3x leverage, trailing stops, and stop-losses and take-profits that work exactly as you expect.

Trade DASH/BTC →

[bitcoinissatan]

I think for TURBO would be more promising if the price was taken directly from bitfinex bitcoin prices or other trading sites, I saw the prices at TURBO feature does not follow current market price of the trading site as seen just a game

[whaleclubco]

I think for TURBO would be more promising if the price was taken directly from bitfinex bitcoin prices or other trading sites, I saw the prices at TURBO feature does not follow current market price of the trading site as seen just a game

Hi there,

Turbo price for BTC/USD is an index of 6 exchanges, equally weighted. More information here: https://whaleclub.co/knowledge_base/topics/how-is-the-turbo-price-for-btc-slash-usd-calculated

The turbo price for other markets is the same as the classic price.

[Johnny00]

DASH/BTC trading is now live on Whaleclub! Get up to 3x leverage, trailing stops, and stop-losses and take-profits that work exactly as you expect.

Trade DASH/BTC →

I really need to try this out, a really want to short Dash now.

[whaleclubco]

Hello any plan to add Monero and ETC trading. Thank you

Hello Karim,

You can already trade Monero. You can try demo trading without needing to sign up here: https://trade.whaleclub.co/trade/XMR-BTC/demo

We are still evaluating the interest around ETC before adding it. Volumes seem to have decreased significantly in the past month.

-Jenny
Whaleclub Customer Support

[layoutph]

Just wondering your OP title says Bitcoin for 1:100, but from your dashboard Bitcoin's margin is only 10:1, while the Forex currencies are 100:1?

[whaleclubco]

Just wondering your OP title says Bitcoin for 1:100, but from your dashboard Bitcoin's margin is only 10:1, while the Forex currencies are 100:1?

Hi layoutph,

That's right. We offer up to 10:1 leverage for BTC/USD and up to 100:1 for major Forex currency pairs. You can view a full list of markets and leverages here: https://whaleclub.co/markets.

-Jenny
Whaleclub Customer Support

[Johnny00]

Can anyone else comment how how they like whaleclub?

Are there any plans for a mobile app?

[Bitcoin_Speculator]

I've been using WC without issue almost since they first launched.

[twats]

Can you please explain how this is not a bucket shop.

I think I will stick with BitMEX which is an actual futures exchange instead of a bucket shop.

[whaleclubco]

Can you please explain how this is not a bucket shop.

I think I will stick with BitMEX which is an actual futures exchange instead of a bucket shop.

Hi twats,

Our business model is explained in our About page.

Trades are matched internally and Whaleclub operates as a hybrid market maker. This model has existed for a long time in the Forex world (see IG.com for an example, one of the largest and longest running brokers) known as CFD. We simply bring it to bitcoin.

It's a much more efficient and cost-efficient model than traditional exchanges because the cost of trading on Whaleclub is only the spread: there are no execution fees and your order is executed in full at the quoted price. On an orderbook exchange, the cost of one trade is the spread + slippage (due to lack of liquidity) + execution fee (average 0.25%).

This is why if you look at the Forex world you won't see any retail traders using an exchange. Traders use brokers and CFD providers for efficiency.

If you want to make a market you may still be better off on an exchange. For any other kind of trading, the CFD model is superior.

-Jeffrey Sacks
Whaleclub Customer Support

[Johnny00]

Did you mean to say twats? Also do you know what that means? seems odd thing to say

[whaleclubco]

Did you mean to say twats? Also do you know what that means? seems odd thing to say

I'm replying to the member who posted above - his display name is 'twats'. 

-Jeff

[layoutph]

Ok, my honest review.. Been using whaleclub for 2months now. I prefer using whaleclub than using cryptocurrency trading brokers because I can earn more bitcoin here using Forex, because of it's 100x leverage.

Things I like from Whaleclub:
• Will give you 25% of your first initial deposit as Bonus. Everytime your make trades, a portion of your bonus is added to your account until it reaches 25%
• Robust and Mobile friendly.
• Has a Forex Economic calendar to help you which pairs are going up and going down.


Things to improve:
• Please put the name of pairs in the chart, I already made a mistake twice for placing a wrong position from a wrong pair,  because there is no pair name in the chart. See suggestion image below:


• Putting a take profit on desktop view will show you your potential earnings as you type. Can whaleclub apply it also on Mobile?


• Can you also put a detailed report of our affiliate links, if theres a click, signed ups, not just the number of signed ups , thank you

Thats all

Can anyone else comment how how they like whaleclub?

Are there any plans for a mobile app?

[whaleclubco]

Thank you for your review, layoutph. Suggestions are excellent. I've forwarded them to our team to include in our next product update slated for mid-April.

Best regards,

-Jeff Sacks
Whaleclub Customer Support

[whaleclubco]

Our new affiliate center has launched!

Get 50% of all commissions generated by users you refer, for life.



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[whaleclubco]

hello sir, any date for when higher leverage on BTC market is offered?

Hello, we will plan to offer higher leverage on BTC/USD by mid year.