The one dividend token I am familiar with is DICE. With this token, the users can store the tokens on an ethereum address in which they control the private key. To receive the dividend, they interact with the smart contract once a quarter and dividend is sent to the address.

With WCX tokens, will we be able to store this token on ETH address we control or will we have to store on the exchange to receive the dividend?

I would like to be able to store the tokens on my own Eth address if possible.

Will dividend payment be passive or will we have to interact with a smart contract once a week to receive payment?

Thanks again for your explanations - I am trying to visualize how users will interact with this token.