Features, Pros, Cons, and Fees

WEEX is a well-liked crypto alternate that provides a complete suite of buying and selling companies, together with spot buying and selling, futures buying and selling with excessive leverage as much as 400x, over-the-counter (OTC) buying and selling, and duplicate buying and selling. This WEEX Trade evaluation covers every little thing you’ll want to know concerning the alternate, together with its finest options, safety, charges, prime WEEX options, and a step-by-step information on methods to use the alternate.

WEEX Trade Assessment: Fast Abstract

Crypto TradeWEEXLaunch 12 months2018FounderStephen Chen (Co-founder)Key Options and Buying and selling ChoicesWE-Launch, spot, futures, and margin buying and selling, copy and demo buying and selling. Supported Cryptocurrencies1,000+International Presence130+ international locationsSafety MeasuresChilly pockets, two-factor authentication (2FA), anti-phishing codes, and common audits.Accepted Cost StrategiesCrypto, financial institution card, Google Pay, and Apple Pay.Native TokenWXT TokenFiat Currencies SupportedEUR, USD, GBP, and extra.Buying and selling ChargesSpot: 0.1% maker/taker for normal customers

Futures: 0.02% maker and 0.08% taker charges.

Restricted NationsChina (Mainland), Hong Kong, Singapore, United Arab Emirates, North Korea, Cuba, Iran, Syria, Sudan, and Russian-controlled areas.Cell App Scores4.4 ★

WEEX Assessment: What’s WEEX?

WEEX is a centralized cryptocurrency alternate based in 2018 with a $100 million funding from a significant blockchain agency. The platform affords primary and superior buying and selling options, together with spot and futures buying and selling with leverage as much as 400x, over-the-counter (OTC) buying and selling, and duplicate buying and selling choices, making it appropriate for each newbie {and professional} merchants.

Along with these buying and selling instruments, Weex can also be a prime decide for high-frequency merchants as a result of it helps 1,500+ buying and selling pairs and offers deep liquidity, whereas providing low charges. Not like most regulated exchanges, WEEX permits customers to commerce with no KYC verification for smaller transaction limits.

WEEX Execs

Helps a big selection of cryptocurrencies, over 1000 tokens, and 1500+ pairs.Robust safety measures, together with a 1000 BTC consumer safety fund, AI-powered threat management, and a number of safety vendor audits.Copy buying and selling characteristic permits customers to reflect skilled merchants simply.Low charges: 0.1% for spot trades, and discounted futures charges as much as 30% for WXT token holders.Robust affiliate and referral applications providing commissions as much as 30%.

WEEX Cons

Fiat withdrawal just isn’t supported. Customers should switch crypto elsewhere to money out in fiat.OTC specific commerce is restricted primarily to Chinese language customers with necessary KYC.No direct fiat deposit choices besides by third-party OTC suppliers in sure areas.

Key Options of WEEX Crypto Trade

The very best options of WEEX crypto alternate embrace spot, margin, futures, copy, and demo buying and selling.

1. Spot Buying and selling

WEEX helps 1,500+ buying and selling pairs, giving merchants entry to main crypto belongings and smaller altcoins. The buying and selling interface permits customers to decide on between primary {and professional} modes; the previous is for fast trades, and the latter affords elaborate charts, superior charting instruments, and superior order sorts like restrict and market orders.

2. Margin Buying and selling

For merchants trying to amplify their positions, WEEX affords margin buying and selling choices by way of cross and remoted margin modes. In cross margin, all belongings in your margin pockets function shared collateral throughout open positions, permitting earnings from one commerce to offset potential losses from one other.

Then again, Remoted margin confines threat to a selected place; if the market strikes unfavorably, solely that margin is affected. WEEX dynamically adjusts margin necessities primarily based on leverage and place dimension, serving to merchants handle liquidation threat extra successfully. This flexibility permits merchants to pick the leverage and margin that aligns with their buying and selling technique.

3. Futures Buying and selling

WEEX offers perpetual contracts with excessive leverage as much as 400x on some belongings, permitting merchants to invest on market actions with out proudly owning the underlying asset. For derivatives buying and selling (futures and perpetual contracts), WEEX helps a variety of pairs and consists of an order ebook, place particulars with margin and unrealized P&L, real-time charts, and numerous order sorts like market and restrict orders.

4. Copy Buying and selling

The copy buying and selling characteristic on WEEX lets merchants mirror the methods of skilled merchants in actual time. Customers can browse leaderboards showcasing skilled merchants’ win charges, revenue margins, buying and selling frequency, and historic efficiency to decide on whom to observe.

When you observe a dealer, all trades executed by the chief might be robotically copied in your account. For skilled merchants (grasp merchants), WEEX affords an incentive system that rewards them with a proportion of earnings from their followers’ earnings.

5. Demo Buying and selling

To assist customers apply and enhance their methods, WEEX offers a Demo Buying and selling setting that mimics actual market circumstances utilizing digital funds. New customers obtain 50,000 USDT in simulated stability for each BTC and ETH buying and selling, permitting them to discover futures contracts, check methods, and be taught threat administration with out placing actual cash on the road.

The demo interface is just like WEEX’s dwell buying and selling setting, full with dwell value charts, liquidation mechanics, and efficiency monitoring, giving newcomers the arrogance to transition to actual buying and selling as soon as they’re prepared. Other than freshmen, additionally it is a invaluable device for superior merchants experimenting with new methods earlier than going dwell.

WEEX WE-Launch

WEEX WE-Launch is a characteristic on the WEEX alternate that permits customers to earn free crypto airdrop rewards from new and rising initiatives by committing the native WEEX token. Here’s a rundown on what the platform is, the way it works, and methods to get began.

What’s WEEX We-Launch?

WEEX WE-Launch is the alternate’s built-in token issuance/airdrop platform. It’s designed in order that holders of WEEX’s native token WXT can participate in new token drops and declare free allocations from initiatives launching on WEEX. As a substitute of paying, you merely commit your WXT, and in proportion, you’ll obtain the brand new token rewards when the launch occasion ends.

Though the platform affords merchants preferential therapy and early entry to new tokens earlier than they’re out there to the general public, there are some limitations. For starters, the brand new tokens may be extremely unstable or illiquid, and holders may convert them to a extra steady token or promote them for a similar.  

Secondly, if many contributors commit giant quantities of WTX, your share from the brand new token may very well be small. Nonetheless, it’s price giving the platform an opportunity because you stand an opportunity to obtain free airdrops if you happen to qualify. Beneath is a straightforward course of on methods to get began.

Easy methods to Take part in WE-Launch?

To take part in WE-Launch, first make sure you meet the necessities beneath:

You could maintain at the least 1,000 WXT in your WEEX spot buying and selling pockets. Your WXT holdings should keep above that minimal over sure snapshot days (typically 2 days) earlier than and through the occasion.In case your stability dips beneath the required minimal throughout that interval, you’ll turn out to be ineligible. Now, you probably have WXT locked (staked/locked elsewhere), it gained’t rely towards eligibility.After the dedication section ends, WEEX computes every participant’s reward share. As soon as the occasion concludes, the brand new tokens are distributed to contributors’ spot wallets, as per the principles said within the WE-Launch occasion. You’ll be able to then commerce or maintain them as soon as itemizing begins. You’ll be able to participate in a number of WE-Launch initiatives concurrently (if you happen to meet the factors). 

Right here is a simple information on methods to take part:

Create a WEEX account and deposit funds. You could find a step-by-step information on methods to arrange a brand new account on WEEX additional on this article.Purchase crypto and convert it to at the least the minimal and guarantee it’s in your spot pockets (not locked or in different wallets) forward of the occasion.Monitor the WE-Launch web page or bulletins for an upcoming token drop. Throughout the commit window, click on “Fast Commit” to commit your WXT quantity.Await the occasion to finish. Afterward, declare the brand new token allocation when distribution opens.

As soon as distributed, the brand new token will seem in your spot buying and selling pockets and be tradable (relying on the itemizing schedule).

Order Varieties on WEEX Trade

WEEX offers numerous order sorts to offer merchants flexibility and management over their trades. These embrace Market Orders, Restrict Orders, and Superior Orders.

Market Orders

Market Orders are the quickest method to purchase or promote crypto on most centralized exchanges, together with WEEX. While you place a market order, the platform robotically executes it at the very best out there value within the order ebook. This order sort is right for merchants who need pace and certainty of execution over value precision, particularly throughout excessive volatility durations.

Restrict Orders

Restrict Orders, then again, give merchants extra value management. Right here, you set a selected value at which you wish to purchase or promote an asset. The order stays pending till the market reaches that value. This lets you plan your entries or exits strategically, fairly than reacting in actual time. Restrict orders are particularly appropriate for knowledgeable merchants who wish to make the most of value dips.

Superior Orders

WEEX additionally helps superior orders, together with stop-loss, take-profit, and set off orders. These are important threat administration instruments that assist merchants automate their methods. For instance, a stop-loss order robotically sells an asset as soon as its value falls to a set stage, minimizing potential losses.

In the meantime, a take-profit order locks in positive factors when a goal value is reached. Set off orders mix each capabilities, permitting merchants to set circumstances that robotically execute orders as soon as particular market standards are met.

WXT Token Ecosystem Assessment

WXT is the native utility token of the WEEX crypto alternate. The token serves a number of functions inside the WEEX ecosystem, together with granting holders entry to price reductions, facilitating participation in token launch occasions, enabling staking/holding rewards, and offering different advantages related to VIP ranges and governance capabilities.

The entire provide of WXT is 10 billion tokens. Out of that, about 3.9 billion are within the circulating provide initially. Right here’s how the distribution is damaged down:

WTX Ecosystem (20%): To help venture incubation, development of Web3 initiatives within the WEEX ecosystem.Used Acquisition (10%): This allocation is for rising the WEEX neighborhood (funding referral applications, promotional airdrops, WE-Launch participation bonuses, and staking incentives).WEEX Safety Fund (25%): Reserved to assist compensate customers in case of losses not brought on by consumer error.Accomplice Ecosystem Fund (15%): This allocation helps collaborations, venture listings, and Web3 partnerships that combine with or construct on the WEEX platform.Crew Incentives (15%): To make sure long-term alignment, 15% of the overall provide is allotted to the WEEX crew and key contributors.Branding and Promotion (15%): The remaining share is allotted to advertising, model enlargement, and world consciousness initiatives.

Of the overall token provide, about 10% is allotted to incentives that instantly contain the neighborhood, by holding, staking, WE-Launch, airdrops, and consumer development. Moreover, WEEX runs airdrops, holder-prize swimming pools, and promotions the place holding WXT offers eligibility.

Advantages for WXT Holders

Holders of WXT get pleasure from a number of advantages, together with:

Buying and selling Price Reductions: Holding WXT lets you scale back each spot and futures charges. WTX holders might stand up to twenty% low cost on futures charges.Entry to WE-Launch/Token Airdrops: Customers holding WXT can commit tokens to WE-Launch occasions and obtain free allocations of latest tokens from initiatives launching on WEEX. Staking/Holding Incentives: WXT affords yields for individuals who stake or maintain long term. VIP Degree Upgrades/Privileges: WXT holdings contribute to VIP standing on WEEX, which brings additional reductions, higher phrases, and precedence entry to occasions.Revenue-Sharing and Group Governance: In a few of WEEX’s copy buying and selling/elite dealer schemes, WXT holders (or prime merchants who maintain WXT) can get larger revenue sharing. Additionally, WXT offers some governance or voting rights in sure platform selections (new listings, options).

WEEX Affiliate & Referral Applications

The WEEX associates program affords large-scale promoters (bloggers and crypto influencers) entry to earn passive revenue by promoting the platform. In the meantime, the referral program offers each consumer entry to do the identical and earn rewards. Let’s take a look at how the affiliate and referral applications are completely different.

WEEX Affiliate Program

The WEEX Affiliate Program helps influencers, neighborhood leaders, and crypto fanatics earn commissions by selling the alternate. While you turn out to be an affiliate on WEEX, you obtain a singular referral hyperlink to ask others to hitch WEEX. At any time when these referred customers commerce, you earn a proportion of the buying and selling charges.

The WEEX associates program affords one of many highest fee buildings within the business, round 30% and consists of devoted help from affiliate managers, entry to unique campaigns, and promotional supplies to assist associates promote the alternate.

WEEX Referral Program

The WEEX Referral Program is an easier model of the affiliate system and is open to all WEEX customers. It permits anybody buying and selling on WEEX to earn rewards by inviting mates or colleagues to hitch the platform.

All you’ll want to do is share your referral code or hyperlink, and when the invited customers start buying and selling, you and the invitees will obtain incentives comparable to buying and selling price rebates, bonuses, and even particular rewards like thriller packing containers throughout promotional occasions.

The referrer earns as much as 50% of the buying and selling charges generated by your referrals, whereas the brand new customers additionally profit from reductions on their buying and selling charges. Along with the usual reward, the platform runs seasonal campaigns often providing further rewards for energetic contributors, together with money prizes and WXT token bonuses.

WEEX Trade: Safety Measures

WEEX Trade implements a number of safety measures to safeguard consumer accounts and belongings. A few of these options embrace:

Two-Issue Authentication (2FA): Necessary for all customers, including an additional verification layer past passwords to forestall unauthorized account entry.AI-Powered Danger Management: The crypto buying and selling platform combines synthetic intelligence with guide oversight to watch buying and selling actions and detect fraudulent or suspicious habits in actual time.Robust Encryption and Chilly Storage: WEEX Trade makes use of superior encryption protocols and in depth chilly pockets storage to safe consumer funds and delicate information.1,000 BTC Investor Safety Fund: This fund serves as a security web for customers in case of asset losses ensuing from occasions exterior their management.Regulatory Compliance: WEEX holds US and Canadian MSB (Cash Providers Enterprise) licenses and undergoes impartial safety audits by respected third-party distributors.

Is WEEX Secure?

WEEX is taken into account protected, however the regulatory stage is discouraging. It’s left to you to resolve if you happen to would use the alternate to commerce or not. As mentioned above, WEEX prioritizes safety, guaranteeing that the platform and consumer belongings are preserved by superior encryption, two-factor authentication, and a safety fund designed to cowl consumer belongings in case of unexpected incidents.

WEEX Trade Charges

WEEX Trade charges might additional be used for buying and selling charges and deposits, and withdrawal charges. Here’s a rundown of the fees on WEEX Trade.

Buying and selling Charges

Like different prime centralized exchanges, WEEX follows a tiered price construction, the place customers with excessive 30-day buying and selling quantity, WXT holdings, and excessive 5-day common asset holdings get reductions on buying and selling charges.

Customary Spot Charges: 0.1% maker/taker charges

Customary Futures Charges: 0.02% maker and 0.08% taker charges.

WEEX has eight VIP ranges, and as you meet new VIP necessities, you get extra reductions, as much as 0% for VIP 8 merchants.

Deposits and Withdrawals Charges

Deposits: Deposits on WEEX are freed from cost.Withdrawals: The alternate doesn’t instantly cost charges, however you’ll incur gasoline or miners’ charges. This price on WEX varies primarily based on the cryptocurrency and present community congestion. For instance, BTC withdrawal on the BTC community has a price of round 0.0016 BTC, and ETH withdrawals have a price of round 0.0015 ETH.

Easy methods to Use WEEX Trade?

Beneath are step-by-step guides on methods to open an account and begin buying and selling on WEEX.

Easy methods to Open a WEEX Trade Account?

Observe these steps to open a brand new account on WEEX Trade:

Go to the WEEX official web site or obtain the app if you wish to commerce on cell.Click on Join on the prime proper nook of the web page and enter your e mail or telephone quantity and the referral code “cglw” then click on “join and declare your reward” to finish the registration course of.Enter the 6-digit code despatched to your e mail and add a powerful password to finish the account verification.

Easy methods to Begin Buying and selling on WEEX Trade?

Observe these steps to commerce on WEEX Trade:

After logging in, deposit funds into your account.Click on on Spot or Futures to both execute primary purchase/promote orders or use leverage on the futures market to amplify your commerce.Select buying and selling pairs and place Market or Restrict orders by way of the buying and selling interface.Customise different settings, particularly Cease Loss and Take Revenue to handle liquidation threat.

You may as well use demo options to apply your technique earlier than going dwell.

Easy methods to Deposit & Withdrawals at WEEX?

To deposit funds on WEEX Trade, go to the Pockets part and choose “Deposit”

Select between crypto deposits or fiat fee strategies.For crypto, choose the coin, copy the deposit deal with generated, and ship funds out of your exterior pockets.For fiat, select out there fee strategies like financial institution switch or playing cards, and full fee.

To withdraw cash on the WEEX Trade, go to Profile and choose “Withdraw.”

Select a token and specify withdrawal deal with or inner switch possibility.Affirm particulars fastidiously as a result of if you happen to ship crypto to the improper pockets deal with, you’ll lose it ceaselessly. Crypto withdrawals can’t be reversed.

Word: Fiat withdrawals on WEEX usually are not supported globally, so withdraw to an exterior pockets that helps fiat withdrawals.

WEEX App Assessment: Person Expertise

After spending time utilizing the WEEX app, it’s apparent that the platform was designed with each freshmen {and professional} merchants in thoughts. The onboarding course of is quick. You’ll be able to create an account and begin buying and selling nearly immediately with out having to undergo any KYC verification, simply as WEEX advertises.

The interface feels clear and uncluttered, particularly on cell. The app format can also be intuitive, just like the charts, buying and selling pairs, and order choices are straightforward to find, even for a first-time consumer. And if you happen to’ve used any prime centralized exchanges, it is going to be straightforward to get aware of the WEEX Trade.

Switching between spot and futures markets is simple, the app has good pace, even throughout heavy market exercise and executing trades feels clean and nearly instantaneous. From my expertise, the WEEX copy buying and selling characteristic is well-integrated and straightforward to make use of. You’ll be able to flick through dealer profiles, examine their efficiency historical past, and begin copying with only a faucet, nothing new, identical course of as with different prime CEXs.

The Pockets part reveals your portfolio distribution clearly and permits fast deposits, transfers, and withdrawals with minimal steps. In the end, utilizing the app didn’t really feel a lot completely different than different alternate apps, like Binance, Bybit, or MEXC.

WEEX Buyer Assist & Person Suggestions

WEEX affords help primarily by Telegram and an AI customer support characteristic on the WEEX web site to attach with dwell brokers. When you’ve got points like bugs or different issues, you will want to report them on the WEEX help web page with detailed descriptions and screenshots.

With regards to consumer suggestions on WEEX, some customers report sluggish or poor buyer help responses and points with account freezing and withdrawal difficulties. A number of consumer critiques on platforms like Trustpilot and Reddit describe experiences of account issues, lack of decision from help, and suspicions of threat administration bots blocking accounts with out clear explanations.

WEEX International Model Ambassador

Michael Owen is the WEEX International Model Ambassador. The previous skilled footballer was introduced because the model ambassador in July 2025. Michael Owen brings world recognition from his soccer legacy (Ballon d’Or winner and Premier League Golden Boot recipient) to help WEEX’s mission.

Prime Alternate options to WEEX for Crypto Buying and selling

Crypto TradeWEEXBinanceOKXBybitLaunch 12 months2018201720172018Key OptionsWE-Launch, spot and futures buying and selling, demo and duplicate buying and selling. Spot and derivatives buying and selling, copy buying and selling, and staking.Spot, margin, futures, and choices buying and selling.Spot, margin, futures, and choices buying and sellingBot Buying and sellingNoSureSureSureSupported Cryptocurrencies1,000+500+400+600+International Presence130+ international locations180+ international locations100+ international locations241+ international locationsSafety MeasuresChilly pockets, 2FA, anti-phishing codes, and common audits.SAFU, 2FA, chilly pockets storage.2FA, withdrawal safelist, and chilly storage.2FA, proof-of-reserves, chilly storage, and insurance coverage fund.Native TokenWXT TokenBinance Coin (BNB)OKB TokenMNT (Mantle)Buying and selling ChargesSpot: 0.1% maker/taker.

Futures: 0.02% maker and 0.08% taker charges.

0.1% for makers and takers.Spot: 0.08% maker and 0,10% (taker price)

Futures: 0.02% maker and 0.05% taker price.

Spot: 0.1% for makers/takers

Futures: 0.02% for makers and 0.055% for takers.

Necessary KYCNoSureSureSureObtainable within the US?SureNo. Solely as a subsidiary (Binance.US)NoNo

Subsequent Learn: Discover out extra about OKX Trade on this detailed OKX Trade evaluation.

Conclusion: Is WEEX a Good Trade?

There isn’t a clear reply to find out whether or not it’s good or dangerous. Relying in your buying and selling wants and objectives, WEEX may be a very good alternate. The platform affords numerous primary and superior buying and selling instruments, catering to freshmen and skilled merchants alike. As well as, it’s a prime decide for merchants in main markets the place most centralized exchanges are banned, and the no-KYC coverage can also be a bonus for merchants preferring to commerce anonymously.

FAQs

What’s WEEX Used for?

WEEX is a cryptocurrency alternate that’s used for buying and selling, shopping for, and promoting digital belongings like Bitcoin, Ethereum, Solana, and different cryptocurrencies. 

Can I Earn Passive Revenue on WEEX?

Sure, you’ll be able to earn passive revenue on WEEX by way of their referral program, copy buying and selling, and different rewards applications. WEEX affords a referral program the place you earn as much as 30% commissions from the buying and selling exercise of customers you refer.

One other strategy to generate passive revenue on WEEX is by changing into an elite dealer of their copy buying and selling platform. Elite merchants additionally earn excessive commissions on profitable trades when others copy their methods. You may as well earn passively on WEEX by holding and staking crypto belongings and taking part in different time-bound occasions.

Is WEEX Obtainable in america?

Sure, WEEX is obtainable for merchants residing in america. The platform holds a authorized license as a Cash Providers Enterprise (MSB) with the US Monetary Crimes Enforcement Community (FinCEN), guaranteeing compliance with US monetary rules.

How do I Declare the WEEX Bonus?

To assert the WEEX bonus, observe these steps:

New Person Registration and KYC Verification: Register a brand new account on WEEX and full the KYC verification by importing legitimate identification verification paperwork. It will earn you an preliminary risk-free bonus of 5 USDT credited to your account.Deposit Funds: To assert extra bonuses (comparable to 30 USDT and futures deposit bonuses as much as 500 USDT), you’ll want to make consecutive web deposits (three deposits of 200 USDT or extra) and fulfill a minimal futures buying and selling quantity (10,000 USDT).

After finishing these circumstances, click on the “Declare” button on the promotion web page to obtain your bonus. Make sure you use the proper referral code throughout registration and fulfill the deposit and buying and selling quantity circumstances to unlock referral bonuses and commissions.