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Author Topic: Whaleclub.co feedback  (Read 3254 times)
humapuma
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March 07, 2016, 05:25:59 PM
 #1

Has anyone tried whaleclub.co trading? I found this site recently and reviews online and Twitter seem positive but have not seen much on bt.
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Bitcoin_Speculator
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March 10, 2016, 05:26:20 PM
 #2

Yeah I've tried it. I really have nothing to say except that it's my new favorite trading platform. the leverage is great, zero fees, UI is best I've seen. it works fast. good on my smartphone too although some features are hidden. And they keep pushing out new features which is great in an industry which has basically stagnated.

their support is very prompt. I once had an issue with my balance and they responded and fixed it within 3 MINUTES.

Their affiliate program is bloody awesome. 50% revenue sharing. You need to ask them for access though.

Really have nothing negative to say. If WhaleClub is reading this keep it up guys, great job.

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June 20, 2016, 07:26:57 AM
 #3

Do not trade with whaleclub.co,

Ridiculous spread of $20 between bid/ask on BTC/USD pair.
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June 20, 2016, 07:33:15 AM
 #4

Do not trade with whaleclub.io,

Ridiculous spread of $20 between bid/ask on BTC/USD pair.

As people in the Whaleclub chat have explained many times this is only temporary due to the historic volatility the market is seeing. Regular spread on that market is $1.

I'm not sure why these threads which I haven't touched for month are getting revived. Another WC feedback thread was also revived by a troll. Seems like useless trolling or someone affiliated with the competition who does not want to see WC succeed despite the growth / press they've been having lately. ghostHP has 0 reputation on this forum.

For the record whaleclub.co has beyond exceeded my expectations in trading, order execution and liquidity. I have not been trading past couple of weeks but I've been monitoring and feedback/chat is positive and support is super friendly.

They are really a great team and have been featured in quite a few local publications in HK where I live and I just can't stand noobs like this ghostHP guy coming in a spewing BS without doing a little more research and maybe even getting their name right. We should be encouraging legitimate bitcoin businesses run by pros, not bashing them. My 2 satoshis.

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June 20, 2016, 12:02:45 PM
 #5

For any readers, if temporary in your dictionary means for hours on end, then by all means go ahead and trade with whaleclub.co

I got attracted to their leveraged BTC/USD trades and opened a position when spreads were $1-$2.
Little did I know they would suddenly blow up the spreads to $20 between bid and ask.

There was no change in the price of the underlying bitcoin asset when I opened the trade(bitcoin was trading sideways for a couple days),
but I was already out 30% of my capital on the trade when WC decided to suddenly blow up the spreads by a multiple of 10x/20x for many hours.

No fees they say, no this, no that. They take you on the spreads.
Run. There are way better brokers out there. $20 spreads, ridiculous.

P.S. Take it the fact that Bitcoin_Speculator jumped on here within 5minutes of a negative reply to whaleclub.co
BTC_Markets
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March 13, 2017, 10:28:50 PM
 #6

BTC/USD market on Whaleclub spreads are under 0.2%. ghostHP is a competitor troll. All information is available on their site
CasinoBetGame
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March 13, 2017, 11:26:57 PM
 #7

I think is good if you choose exchanger to you trade, must trusted and popular
you can get refrence in exchange section or service announcement in bitcointalk section, or in coinmarketcap
in coinmarketcap and bitcointalk whaleclub not found, in forex broker whaleclub same not popular forex broker
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March 14, 2017, 01:54:48 AM
 #8

Haven't heard about them before and it looks like they have opened just last year. Gone through press release they have in coindesk and it looks like they already have got good volume, i may give them a try.

But it is quite confusing that if they don't have any banks, fiat attached, why they still restrict traders from united states http://www.coindesk.com/press-releases/press-release-whaleclub-etrade-bitcoin-crosses-1-billion-volume-traded/
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Trading with real funds on Whaleclub is currently not available to residents of the United States.
Bighero76
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July 18, 2017, 03:26:06 PM
 #9

Is it still not available in the usa???
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July 18, 2017, 11:43:44 PM
 #10

Is it still not available in the usa???

USA regulation is strong
if business use fiat money, can support bank transfer , must follow regulation, so i think much exchanger not interest if accepted USA people
same with forex broker, much broker not support from USA people

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Hui8
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July 20, 2017, 04:55:56 AM
 #11


Yeah I've tried it. I really have nothing to say except that it's my new favorite trading platform. the leverage is great, zero fees, UI is best I've seen. it works fast. good on my smartphone too although some features are hidden. And they keep pushing out new features which is great in an industry which has basically stagnated.


their support is very prompt. I once had an issue with my balance and they responded and fixed it within 3 MINUTES.


Their affiliate program is bloody awesome. 50% revenue sharing. You need to ask them for access though.


Really have nothing negative to say. If WhaleClub is reading this keep it up guys, great job.




That is pretty good review about the site and very convincing. Can you tell me what is minimum investment that's required by their platform, because of them have thousand to ten thousand satoshi per coins which is good but not that good when we really wanna put stakes on emerging coins. Do they have coin swipe option by the way?



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September 28, 2017, 11:45:41 AM
 #12

It's not so much trading as it is Binary options. You deposit one currency and get the same currency. No fees is a lie, because they get profit from the artificial spread set in their platform. So if you sell bitcoin for 4000 and buy for 4040 the fee is 4040 - 4000 / 4040 = about 10%

Read more about binary options before investing gambling.

Tried them out of curiosity, lost some money. Some of my orders were liquidated for no reason, support has not responded yet. Will keep updated.
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October 05, 2017, 03:52:32 PM
 #13

Whaleclub is exactly why you should avoid depositing funds with a broker! The future is SPECTRE.AI and platforms that eliminate the conflict of interest broker model, another is cobinhood. Can't wait for real blockchain trading exchanges to propagate and eliminate all the scam brokers. These guys want you to lose $ period as they profit off your losses and what % they do this to does not matter, it is a conflict of interest and if people in management of their company are corrupt or become more corrupt, you are at their mercy as your money is with them and they own it! Get smart, get out of Whaleclub as the only thing being clubbed here is you! Like a baby seal...
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October 14, 2017, 11:22:52 PM
 #14

Has anyone being using whaleclub? i have been using it lately and i made a long position yesterday and i closed it today, and my balance got reducted by $7 because of spread, how is this possible? this is the most expensive broker that i have ever used.
Wow this is so sad, i used to use this broker for months, and i never had this issue, wow, seven dollars only for spread is insane, looks like i will have to look for better brokers.

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October 14, 2017, 11:29:50 PM
 #15

Has anyone being using whaleclub? i have been using it lately and i made a long position yesterday and i closed it today, and my balance got reducted by $7 because of spread, how is this possible? this is the most expensive broker that i have ever used.
Wow this is so sad, i used to use this broker for months, and i never had this issue, wow, seven dollars only for spread is insane, looks like i will have to look for better brokers.


Whaleclub.co is known for their huge spreads. I'm not surprised at all to hear this, especially considering the heightened volatility lately and the high price of BTC. Other CFD brokers have had similar spreads during the kind of volatility we've recently had -- 1Broker, before they shut down their BTCUSD market, is one example. I think SimpleFX has had similar spreads, too.

You should also avoid Whaleclub.co because they -- with no explanation -- void people's legitimate winning trades and deducts from their balances without just cause. I'd look into Bitmex if I were you.

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October 19, 2017, 11:24:53 AM
 #16

Has anyone being using whaleclub? i have been using it lately and i made a long position yesterday and i closed it today, and my balance got reducted by $7 because of spread, how is this possible? this is the most expensive broker that i have ever used.
Wow this is so sad, i used to use this broker for months, and i never had this issue, wow, seven dollars only for spread is insane, looks like i will have to look for better brokers.


Whaleclub.co is known for their huge spreads. I'm not surprised at all to hear this, especially considering the heightened volatility lately and the high price of BTC. Other CFD brokers have had similar spreads during the kind of volatility we've recently had -- 1Broker, before they shut down their BTCUSD market, is one example. I think SimpleFX has had similar spreads, too.

You should also avoid Whaleclub.co because they -- with no explanation -- void people's legitimate winning trades and deducts from their balances without just cause. I'd look into Bitmex if I were you.

Hello, you are right, they remove your earnings without explanations. I developed an algorithm that wins 1 BTC per hour in turbo trading on their platform. Sure enough they removed my earnings ASAP, here is the full story:

https://bitcointalk.org/index.php?topic=2288852.0
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January 15, 2018, 05:38:11 PM
 #17

That's crazy that the website is down right now. I wonder if it's been removed for good actually, as sometimes there's the benefit of the doubt given that maybe something happened. But... it's not looking too good.
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