WEEX is a centralized cryptocurrency exchange founded in 2018 and registered in Singapore. The platform initially specialized in derivatives (futures), but now offers a full range of services: spot trading, perpetual futures trading (with leverage up to 200x and even 400x on certain markets), copy trading, OTC deals, and staking. With its wide functionality and intuitive interface, the exchange targets both experienced traders and beginners, providing a convenient platform for both user categories.
WEEX supports over 1,000 cryptocurrency trading pairs (more than 1,700 pairs in total across various markets) — ranging from major coins like BTC and ETH to rare altcoins. This diversity of assets attracts both professional investors and individual traders, offering opportunities for portfolio diversification. Since its launch, the exchange has shown rapid growth: as of 2025, it serves over 6 million clients in more than 130 countries, and its average daily trading volume exceeds $5 billion — placing WEEX among the largest global platforms (consistently ranking in the top 20 by trading volume, according to CoinGecko).
Official site: WEEX 👈
Overview of the WEEX Cryptocurrency Exchange
WEEX has repeatedly been recognized as a reliable and feature-rich platform, earning the trust of millions of users. An independent analytical report by CryptoRank highlights that WEEX positions itself as a rapidly growing player in the global market — striking a balance between innovation, asset diversity, and user-centric design.
Experts particularly highlight the high quality of trade execution: for the most actively traded pairs (BTC/USDT, ETH/USDT, SOL/USDT), WEEX’s market depth is so substantial that it ensures an ultra-low spread of approximately 0.0–0.01% and virtually no slippage on orders. According to CryptoRank, the order book liquidity on WEEX for key trading pairs surpasses even some top-tier exchanges. For example, the best BID/ASK prices for BTC/USDT on WEEX have the highest volume among the analyzed platforms — ahead of Bitget and Bybit. A similar trend is seen with ETH/USDT and SOL/USDT, where WEEX holds the largest volume at the top of the order book, indicating active market-making and a deep market.
Low trading fees also contribute to its competitiveness: for spot trading, WEEX offers zero fees for makers and only 0.1% for takers — a favorable difference compared to Binance’s standard 0.1%/0.1% or OKX’s 0.08%/0.10%. Because of this, independent reviews call WEEX one of the most comfortable and accessible platforms: “a wide selection of cryptocurrencies, a variety of features, and a high level of security have earned the exchange users’ trust, making it a reliable platform.”
In addition, the trading community highlights several of WEEX’s strong points: rapid listing of new projects (including niche tokens and memecoins) through the WE-Launch program, which attracts “gem” hunters; the presence of copy trading (allowing beginners to automatically follow the strategies of successful traders); and the platform’s overall user-friendly interface. Notably, even Russian-language resources emphasize the platform’s convenience — the interface is intuitive for both experienced traders and beginners, making it easy to navigate the world of cryptocurrency.
Overall, user reviews agree on one thing: WEEX successfully combines low fees, a wide range of assets, and high liquidity on major markets, making trading both efficient and profitable for users.
It’s also worth highlighting the Solana ecosystem, where WEEX has established itself as a leader. According to the CryptoRank report “Activity on Solana is Fading”, as of 2025, WEEX ranks first in Solana (SOL) trading liquidity among centralized exchanges. The high market depth in SOL trading pairs confirms WEEX’s strong presence within the Solana ecosystem — setting the platform apart from competitors and attracting traders focused on Solana-based assets.
For example, the SOL/USDT futures contract on WEEX features an exceptionally tight order book (with ±2% depth exceeding $1.6 million) and minimal spread — a level of liquidity that is virtually unattainable for many mid-tier competitors. These facts, backed by analytics, show that WEEX confidently competes with top-tier exchanges in terms of trading quality and key performance metrics.
WEEX Exchange Interface and Features
Whether you’re just starting out in crypto trading or already have experience on other platforms — the WEEX interface definitely won’t scare you off. It’s designed in the spirit of top-tier exchanges but with some nice touches: minimalism, fast response times, and intuitive navigation without overwhelming the user.
The platform is available both through a web interface and as a mobile app (for iOS and Android). And the mobile version is truly functional: you can open a futures trade, set a stop-loss, connect a trading bot, or top up your balance with just a couple of taps — all with high stability and no bugs.
Here’s what you can do through the WEEX interface:
| Feature | Description |
|---|---|
| Spot Trading | Access to a wide range of trading pairs with competitive fees and high liquidity. |
| Futures Trading | Leverage up to 200x, easy leverage adjustment, advanced order panel for perpetual contracts. |
| Copy Trading | Ability to automatically copy the trades of professional traders. Each has a ranking and trade history. |
| P2P-Exchange | Quick crypto buying/selling with fiat directly between users. |
| Risk Management Tools | Set stop-loss and take-profit levels, auto-position rollover during high volatility. |
| Portfolio & Analytics | Built-in charts, position statistics, real-time profit/loss calculations. |
| Multi-language Support | Interface translated into over 10 languages, including English, Russian, Chinese, Spanish, and more. |
Additionally, WEEX is integrated with TradingView, giving traders access to advanced charts and technical analysis tools directly within the exchange — without the need to open third-party services.
UX Features:
- One-click registration — sign up via phone number or email with no unnecessary bureaucracy.
- Customizable trading panel — hide or move blocks, switch between different order book and chart views.
- Dark mode support — convenient for those who trade during evening or night hours.
Take note! In short — the WEEX interface is genuinely convenient for both beginners and experienced traders. The exchange doesn’t overwhelm you with clutter, everything is laid out logically, and the functionality is on par with major international platforms. What’s especially nice is that the platform doesn’t forget about mobile users: you can seriously trade “on the go” — without losing money due to a bad UI.
Licensing, Regulation, and Company Offices
One of WEEX’s key strengths is its proactive stance on regulatory compliance. The exchange has built a solid legal foundation by obtaining several important licenses — including a U.S. Money Service Business (MSB) license from FinCEN, and a Canadian MSB license from FINTRAC for operations in Canada. These licenses, confirmed back in 2021, demonstrate WEEX’s commitment to anti-money laundering (AML) and counter-terrorism financing (CTF) standards.
Additionally, the platform is registered in Saint Vincent and the Grenadines (SVGFSA), confirming an offshore license for international operations. At present, the company continues to expand its licensing portfolio — it is in the process of obtaining licenses in Australia, the Philippines, Malta, and Malaysia, aiming to cover an even broader range of regions.
This wide regulatory reach highlights WEEX’s intent to operate transparently and legally across global markets.
It’s worth noting that while WEEX’s main office was originally based in Singapore, the company has since expanded globally and established a headquarters in Dubai (UAE). In April 2025, WEEX announced the opening of a major office in Dubai, where over 600 employees are already working, with plans to hire even more. Dubai was chosen strategically — thanks to the UAE’s progressive approach to crypto regulation — and is set to become the central hub for WEEX’s expansion in the MENA region.
The company has applied for and is actively pursuing a VARA license (Virtual Assets Regulatory Authority) in Dubai to operate officially under local jurisdiction. Although the license is still in progress, WEEX’s presence in the UAE — alongside giants like Binance, OKX, and Crypto.com — signals its strong global ambitions.
The Dubai hub helps localize services and strengthen WEEX’s presence in the Middle East, while also building user trust through its operation in a regulated environment.
Beyond Singapore and Dubai, WEEX is also active in other regions through a network of legal entities and partners. With its MSB status, the exchange is available to users in the U.S. and Canada, complying with local KYC/AML standards. In Europe and the CIS, WEEX operates without restrictions for retail users — for example, Russian traders can freely use the platform, register with a Russian passport, and trade without a VPN.
At the same time, WEEX adheres to international sanctions and compliance protocols in its AML policy — the service does not operate in sanctioned jurisdictions (such as North Korea, Iran, etc.), demonstrating a responsible approach to global regulations. Overall, with licenses and registrations across multiple countries, WEEX offers users confidence in the platform’s legal status.
A special mention goes to WEEX’s transparency and asset security. The exchange has voluntarily implemented a Proof of Reserves system with a 1:1 ratio, allowing every client to verify that their funds are fully backed by the exchange’s reserves. Official wallet addresses are published on the website (e.g., the fund protection wallet on the blockchain), confirming the availability of funds. As of June 2025, WEEX’s public reserves exceed $107 million, including around 1,001 BTC in the platform’s cold wallets.
Important! In addition, the company has established a Protection Fund totaling 1,000 BTC to safeguard users in emergency situations. This fund serves as a reserve for unforeseen events and provides an extra layer of assurance for the safety of client assets.
Combined with multi-level security measures — such as cold storage of crypto assets, mandatory 2FA authentication, and regular security audits — this level of transparency places WEEX among the most trusted and secure exchanges in its category.
Liquidity on the WEEX Platform
Liquidity is one of the key factors traders consider when choosing a crypto exchange. In the case of WEEX, this aspect is at a solid level — especially when compared to newer Asian platforms. Despite being relatively “young,” the exchange already offers deep order books and low spreads on major cryptocurrency pairs — both in the spot market and the derivatives segment.
Facts and Features of WEEX Liquidity:
| Parameter | Details |
|---|---|
| Spot Liquidity | Supports all major assets: BTC/USDT, ETH/USDT, XRP/USDT, etc. On-exchange volumes are regularly updated. |
| Futures Trading | High daily volume, especially in BTC and ETH. Leverage up to 200x attracts active traders. |
| Connection to Major Market Makers | The exchange actively partners with liquidity providers, including global hedge funds. |
| Order Book Depth | 10–20 levels of depth are maintained even during high volatility, reducing slippage risk. |
| Altcoin Support | In addition to majors, liquidity is provided for assets like SOL, AVAX, DOGE, OP, PEPE, SHIB, and other popular tokens. |
Why Is Liquidity Important on WEEX?
- Instant order execution. Even for large trade volumes, positions are closed almost instantly — with no lag or “freezing.”
- Low spread between buy and sell prices minimizes entry and exit costs for traders.
- No sudden price jumps when executing large market orders — a result of a well-balanced order book system
WEEX has firmly established itself among the leaders in derivatives trading volume, with daily turnover exceeding $12 billion, showcasing exceptional performance in the global market. Thanks to its rapid growth and strong trader interest, the platform ranks among the top 5 largest derivatives exchanges.
At first glance, it might seem that WEEX doesn’t appear in the top 5 derivatives platforms according to CoinMarketCap. However, a closer analysis reveals that this perception is not due to actual trading metrics, but rather the ranking methodology used by CoinMarketCap.
CoinMarketCap uses a complex evaluation system that includes not only trading volume, but also dozens of additional factors — from order book depth and liquidity to web traffic and the number of registered users. As a result, key metrics such as real trading volume and open interest often take a back seat to formal indicators that don’t always reflect actual activity.
One factor that heavily influences platform rankings is the total number of accounts — without adjusting for the share of active users. This leads to platforms with large registration numbers but low user engagement receiving higher scores, while exchanges with high concentrations of active traders — like WEEX — end up underrated.
“CoinMarketCap applies a complex ranking formula that takes into account dozens of metrics, including liquidity, order book depth, platform history, and even third-party web analytics. However, core indicators such as trading volume and open interest clearly place WEEX among the industry leaders. The exchange has already outpaced most competitors in these objective metrics — and in the end, it’s the market, not an algorithm, that determines the real winners.”
This is why it’s important to focus on hard numbers rather than formal aggregator rankings when assessing an exchange’s market position. WEEX’s daily derivatives trading volume exceeds $12 billion, and its open interest consistently stays above $8 billion — confidently securing its place in the top five largest platforms in the world.
The exchange offers a unique balance of deep liquidity, transparent conditions, and technological stability, delivering comfort and predictability even under high trading volumes.
Comparison of WEEX with Other Popular Crypto Exchanges
Below is a comparison of key parameters between WEEX and several well-known exchanges (Binance, OKX, KuCoin) — specifically in the categories where WEEX demonstrates leadership or competitive advantages. These parameters include market liquidity, variety of trading pairs, fees, maximum leverage, and other features.
| Parameter | WEEX (2025) | Binance | OKX | KuCoin |
|---|---|---|---|---|
| Trading Pairs & Coins | 1700+ pairs, ~900+ different cryptocurrencies, including many new and niche tokens. Frequent listings via WE-Launch. | 500+ pairs, >350 coins listed. Wide selection, but fewer lesser-known or exotic altcoins. | ~1200 pairs, ~700 coins listed. Listings are strictly curated (mostly large- and mid-cap assets). | ~600 pairs, ~402 coins. Focus on top 100 and popular altcoins. Lags behind WEEX in total available markets. |
| Maximum Leverage | Up to 400× on futures (BTC/USDT and some altcoins) — one of the highest on the market. | Standard up to 200× on major contracts. | Up to 125× on futures (BTC/USDT) — industry standard among top exchanges. | Up to 100× on futures (most contracts limited to 5×–100× leverage). |
| Trading Fees | 0% maker / 0.02% taker. Futures: 0.006% / 0.024%, with lower rates available for VIP traders. | Spot: 0.1% / 0.1%. Multi-tier discount system for BNB holders. Futures: ~0.02% / 0.06%. | ~0.075% with BNB fee payment. Futures: ~0.02% / 0.04%, discounts apply for BNB/VIP tiers. | ~0.02% / 0.05% base; has level system and discounts for KCS token holders, with potential reductions. |
| Security & Reserves | Full transparency: 1:1 Proof of Reserves (users can verify asset backing). Insurance fund of 1,000 BTC for user protection. | Has Proof of Reserves (published periodically) and the largest SAFU fund >$1B for user protection. | Regular PoR reports, maintains 100%+ reserves for major crypto assets. | Publishes PoR, stores most funds offline. Known 2020 incident (hack, fully compensated). |
| Cybersecurity | Advanced protection measures (2FA, cold wallets, audits). | Standard security features overall. | Strong security standards, multi-layer protection. | Standard features (2FA, reserve funds). |
| Interface Convenience | Simple and modern web interface + mobile apps (iOS/Android). Suitable for both beginners and pros. Includes Demo mode and learning resources. | Rich in features, but interface is dense — requires time to get used to. | Intuitive layout similar to Binance, packed with features: trading, DeFi, NFT in one app. Offers basic/advanced modes, workspace customization, bots. | Trader-friendly interface: market filters, trading bots, clear layout — though less minimalist than WEEX. |
Third-party terminal MetaTrader 5 is also supported for advanced traders.
From the comparison above, it’s clear that WEEX stands out across several key criteria. Notably, the exchange leads in the number of available trading assets and pairs, allowing traders to work with virtually any token of interest. Another highlight is the zero maker fee (0%), which encourages liquidity provision and benefits active traders.
The maximum leverage of 400× offers significant opportunities for experienced speculators, whereas competitors are limited to 100–125×. In terms of security, all the reviewed exchanges uphold high standards; however, WEEX reinforces its reliability through public Proof of Reserves and a substantial insurance fund, setting it apart as a transparent and secure trading platform.
For your information! When it comes to usability, the simplicity of the WEEX interface and the availability of copy trading give it an edge in attracting beginners — whereas platforms like Binance and OKX may seem more complex due to their extensive feature sets. Overall, WEEX aims to combine the advantages of major exchanges (liquidity, security) with user-friendliness and a customer-focused approach — a strategy reflected in its competitive performance.
WXT Token: Role, Functions, and Prospects
WXT (Weex Token) is the native token of the WEEX cryptocurrency exchange, created to support the platform’s ecosystem and enhance user capabilities. Like most exchange tokens (such as BNB for Binance or OKB for OKX), WXT serves multiple purposes — from reducing trading fees to providing exclusive access to exchange features. The total token supply is 10 billion.
Not to be confused with the WXT token from Wirex — this refers specifically to WXT issued by the WEEX exchange, which is developing within its own ecosystem.
Key Characteristics of the WXT Token:
| Parameter | Value |
|---|---|
| Token Type | ERC-20 standard |
| Total Supply | Limited (with a gradual burn mechanism) |
| Functions in Ecosystem | Fee discounts, participation in Launchpad, staking |
| Exchange Support | WXT is traded on the WEEX platform itself, paired with USDT |
| Distribution Model | Part of the tokens is reserved for ecosystem development, and part for rewards to traders and partners |
Why Do You Need the WXT Token on WEEX?
- Reduced Trading Fees
Users who hold WXT in their account balances can pay trading fees using the token at a discounted rate — on both spot and futures markets. This is standard practice among major exchanges, and WEEX has effectively implemented this mechanic to reward and retain active traders. - Participation in IEOs and Launchpad
The WXT token grants access to exclusive token launches via the WEEX Launchpad, which is actively expanding in 2025. WXT holders receive priority participation in token sales, which can generate significant profits during the early listing stages of new projects. - Staking and Passive Income
The exchange offers WXT staking programs with either fixed or floating returns. This allows users to earn passive income by simply holding the token on the platform — without needing to withdraw it. - Involvement in Loyalty Programs
WEEX is actively developing referral and partnership programs, where WXT serves as a reward currency. In addition, token holders gain access to VIP tiers, higher limits, and personalized customer support.
WXT Development Prospects
The WXT token is a key part of WEEX’s long-term strategy. As the platform’s user base grows and more services are added, the token’s utility value is expected to increase. Planned developments — such as cross-chain support, Launchpad expansion, and the introduction of NFT and DeFi products within the WEEX ecosystem — will make WXT even more functional.
At the same time, the team has announced a regular token burn mechanism using a portion of the trading fees, creating a deflationary model that could contribute to price growth over time, provided demand remains strong.
Ratings, Recognition, and Partnership Initiatives
In recent years, WEEX has gained widespread recognition in the crypto industry, as evidenced by its high rankings and participation in prestigious events and partnership programs. For example, the platform received a reliability score of 7.7/10 from CoinMarketRating — a strong rating considering the platform’s relatively young age.
According to CoinGecko and CoinMarketCap, WEEX consistently ranks among the top 20–30 global exchanges by trading volume, and occasionally climbs even higher in specific categories (such as altcoin futures trading volume). In the CEX Transparency Index by CryptoRank, WEEX is also listed, demonstrating full reserve coverage and openness toward its clients.
WEEX’s strong reputation is further reinforced by institutional trust. In 2023, the exchange secured a major investment of $100 million from FSN, a leading South Korean digital marketing group. This funding accelerated WEEX’s infrastructure development and expansion into new markets.
Additionally, the WEEX team has been strengthened by the arrival of seasoned industry professionals. In 2024, Andrew Weiner, former Vice President of MEXC Global, joined WEEX as Vice President. His deep expertise in crypto trading and regulatory technology (RegTech) signals WEEX’s commitment to adopting best practices and securing a stronger foothold in the global market.
The exchange actively participates in key industry events and initiatives. WEEX was a sponsor and participant at the TOKEN2049 conference in Dubai in both 2023 and 2024, where it showcased its services and technologies to a wide audience of blockchain professionals.
WEEX has also signed several high-profile partnerships. In late 2024, football legend Michael Owen became the global ambassador for the WEEX brand. Bringing on such a world-renowned athlete is an unprecedented move for an Asian-based exchange and aims to enhance WEEX’s global recognition and credibility. Michael Owen has actively promoted the idea of accessible cryptocurrency, emphasizing the reliability and innovation of the WEEX platform. His involvement helps expand the brand beyond the crypto community and attract new users unfamiliar with digital asset trading.
In parallel with its global ambassador, WEEX also enlisted five regional ambassadors, further strengthening the brand’s presence in various parts of the world.
Among other initiatives is a partnership with the payment service Alchemy Pay, which enabled a convenient fiat deposit and withdrawal gateway on WEEX (supporting over 170 countries and numerous local currencies). This significantly simplifies onboarding for newcomers, allowing them to purchase cryptocurrency directly with fiat.
Additionally, WEEX collaborates with analytics platforms such as CoinMarketCap, Cryptowisser, and others to increase transparency and attract a broader audience. WEEX’s presence in rankings on these platforms — such as its listing on CoinMarketCap with detailed volume and reserve metrics — contributes to growing trust and brand recognition.
Finally, it’s worth highlighting WEEX’s contribution to the crypto community: the exchange regularly hosts trader competitions, launches bonus promotions (welcome bonuses, trading tournaments), and offers educational programs. With its own online knowledge hub (Help Center), WEEX publishes trading guides, glossaries, and FAQs — helping improve users’ financial literacy.
This community-driven approach, combined with the platform’s documented strengths, has earned WEEX numerous positive reviews from industry media and experts.
Take note! For example, reviewers highlight the exchange’s “first-class service” and its “impressive global client base,” built in just a few years thanks to its focus on service quality.
FAQ. Answers to Frequently Asked Questions
Conclusion
WEEX is a rapidly developing cryptocurrency exchange that has successfully combined the advantages of top-tier platforms with the innovative approach of an up-and-coming player. The facts confirm that WEEX provides users with high liquidity, a wide range of tools, and advanced security standards. The exchange leads in certain areas (such as the number of listings and altcoin market depth) and keeps pace with critical metrics like fund reserves and technological reliability. Expansion into new regions, acquisition of licenses, and partnerships with global players — both in sports and the blockchain industry — underscore WEEX’s reputation as a reliable and forward-thinking platform.
Based on the analysis provided, it can be concluded that WEEX’s strengths include: verified liquidity and low trading spreads, competitive fees (0% for makers), a diverse selection of trading pairs (over 1,700), a well-designed user protection system (Proof of Reserves, 1,000 BTC fund), and a client-oriented approach (copy trading, simple interface, educational resources). These facts, supported by documented sources, contribute to an overwhelmingly positive image of WEEX in the market. Compared to giants like Binance, OKX, KuCoin, and others, WEEX is already showing leadership in several areas and continues to build on its potential. All of this makes WEEX an attractive choice for traders seeking a reliable, user-friendly, and innovative cryptocurrency exchange for effective trading.
