The cryptocurrency trading landscape is crowded, but WEEX Exchange has rapidly emerged as a top contender for both beginner and experienced traders. Launched in 2018 with a robust $100 million investment, WEEX has grown into a global platform recognized for its innovative features, low fees, and strong security measures. This review provides a detailed analysis of WEEX, covering everything from company history and trading volume to fees, deposit/withdrawal methods, security, and a head-to-head comparison with other major exchanges, so let’s get started!
Company Background & History
Founded in Singapore in 2018, WEEX (officially WEEX INTERNATIONAL EXCHANGE LTD) was established by a team with backgrounds in Wall Street, Silicon Valley, Citibank, and Google. Led by CEO Peter, the platform has expanded globally and now boasts over 5 million registered users and a daily trading volume regularly exceeding $900 million.
WEEX is regulated in multiple jurisdictions, holding licenses in Singapore, Dubai, SVGFSA, the US (MSB) Entity ID: 20218044035 Confirmation Number: 13551646, and Canada (MSB). The US and Canadian licenses are pending renewal due to new compliance requirements, which underlines its commitment to compliance and user protection.
Trading Volume, Pairs, and Supported Assets
- 24h Trading Volume: Ranges from $900 million to over $1 billion, placing WEEX among the top 20 global exchanges by volume.
- Supported Cryptocurrencies: Over 965 cryptocurrencies and 1,587 trading pairs, including major assets like BTC, ETH, DOGE, XRP, SOL, and many trending alt and memecoins.
- Markets: Spot, futures, and copy trading are available, with a strong focus on derivatives and perpetual contracts.
Trading Features and Tools
Spot Trading
- 0% maker and 0.10% taker fees (often promotional 0% for both).
- Deep liquidity and tight spreads on popular pairs.
Futures Trading:
- Up to 400x leverage on select contracts.
- Maker fee: 0.02%, Taker fee: 0.05% (can drop to 0.006%/0.024% with WXT VIP status).
- Supports USDT perpetual, inverse, and simulated contracts.
Copy Trading:
- Users can automatically replicate trades from top-performing traders, making it ideal for beginners.
Advanced Tools:
- TradingView integration, real-time charts, technical indicators, and advanced order types.
Mobile App:
- Fully featured for iOS and Android, supporting on-the-go trading.
WEEX Exchange Fee Structure:
Fee Type | WEEX Standard Rate | With WXT VIP | Binance | Bybit | Bitget |
Spot Maker | 0% | 0% | 0.1% | 0.1% | 0.1% |
Spot Taker | 0.10% | 0.10% | 0.1% | 0.1% | 0.1% |
Future Maker | 0.02% | 0.006% | 0.02% | 0.01% | 0.02% |
Future Taker | 0.05% | 0.024% | 0.06% | 0.06% | 0.06% |
Deposit | Free | Free | Free | Free | Free |
Withdrawal | Variable, competitive | Variable | Variable | Variable | Variable |
WEEX’s fee structure is among the lowest in the industry, especially for active traders and WEEX Token (WXT) holders.
Deposit and Withdrawal Methods
Deposits:
- Supported via cryptocurrency only (no fiat support currently).
- Instant processing for most assets; no deposit fees.
Withdrawals:
- Crypto withdrawals only.
- Fees are asset-dependent and generally competitive with industry standards.
- Fast processing, typically within minutes to a few hours.
Security and Compliance
Regulated in Singapore, Dubai, and by the SVGFSA. They have also applied for the renewal of their licenses in the US (MSB) and Canada (MSB). Once the renewal is successful, I will add the link and update the article.
Security Features:
- Two-factor authentication (2FA).
- AI-powered risk control and advanced encryption.
- 1,000 BTC Protection Fund for user assets.
- 1000%+ asset reserves, ensuring withdrawal reliability.
Transparency:
- Real-time proof-of-reserves and open access to market data.
How WEEX Keeps Trading Safe and Compliant
To make sure everything’s above board and secure, WEEX has systems in place to check who’s using the platform and where money is moving. Here’s the breakdown:
Cross-Referencing: This info gets compared against official global watchlists to flag any issues.
Which Lists? They’re looking at data from major bodies, including:
- OFAC (United States)
- UN Security Council European Union
- HMT (United Kingdom)
- MAS (Singapore)
- DFAT (Australia)
- And other key national lists.
The Bottom Line: This diligence helps keep WEEX compliant with regulations and works to prevent shady activities, creating a safer space for users to trade.
WEEX (WXT) Token
WEEX Token (WXT) serves as the native utility token for the WEEX cryptocurrency exchange, designed to be the cornerstone of its ecosystem and reward its community. Built on the Ethereum blockchain as an ERC-20 token, WXT aims to provide tangible value and exclusive benefits to loyal users, partners, and contributors, allowing them to share in the platform’s growth.
Holding WXT unlocks a range of advantages on the exchange, most notably significant discounts on trading fees, potentially reaching up to 70% off futures trading fees. Furthermore, holders gain access to exclusive opportunities such as airdrops through programs like WE-Launch or Launchpool, staking options offering potential high yields, enhanced VIP privileges, and potentially increased profit-sharing percentages for copy traders.
User Experience and Support
Interface:
- Clean, intuitive layout suitable for both beginners and pros.
- Real-time charts, order books, and advanced analytics.
Mobile App:
- Full-featured, stable, and user-friendly.
Customer Support:
- 24/7 multilingual live chat and ticket system.
Educational Resources:
- FAQs, trading guides, and regular webinars.
Unique Features
Copy Trading:
- Follow and replicate top traders with a single click.
Zero-Fee Spot Trading:
- Regular campaigns with 0% fees for both makers and takers.
WXT Token Utility:
- Reduced fees, airdrops, and up to 88.71% APR on WXT staking.
No-KYC Trading:
- Most services are available without mandatory KYC, although higher limits may require verification.
WEEX Exchange Pros and Cons
Pros | Cons |
Ultra-low trading fees (often 0% spot) | No fiat deposit/withdrawal options |
1,700+ supported coins and 1,500+ pairs | Not available in some countries |
Advanced security and compliance | Limited fiat onramp compared to Binance and other exchanges |
Copy trading for beginners | Some advanced features require WXT holding |
High leverage futures (up to 400x) | Newer to Western markets |
24/7 customer support | Fewer fiat pairs than some competitors |
Instant deposits and withdrawals | |
No-KYC for basic trading | |
Protection Fund and Airdrop |
WEEX vs. Other Popular Crypto Exchanges
Features | WEEX | Binance | Bybit | Bitget |
Supported Coins | 1,700+ | 1,200+ | 1000+ | 1200+ |
Spot Trading Fee | 0% (maker), 0.10% | 0.1% | 0.1% | 0.1% |
Futures Trading Fee | 0.02%/0.05% | 0.02%/0.06% | 0.01%/0.06% | 0.02%/0.06% |
Copy Trading | Yes | No | Yes | Yes |
Fiat Deposit (Direct) | No | Yes (Direct & P2P) | No (Only through P2P) | No (Only through P2P) |
KYC Required | No (basic) | Yes | No (basic) | No (basic) |
Security Fund | 1,000 BTC | SAFU | Insurance Fund | Insurance Fund |
Mobile App | Yes | Yes | Yes | Yes |
24/7 Support | Yes | Yes | Yes | Yes |
Frequently Asked Questions (FAQ)
Is WEEX safe to use?
What are the trading fees on WEEX?
Does WEEX support fiat deposits?
Can I use WEEX without KYC?
What is copy trading on WEEX?
Is WEEX available in my country?
Is WEEX Available in Canada?
Is WEEX Available in the UK?
How to Get Started on WEEX
Register an Account:
- Sign up using your email or mobile number.
- Use a referral link to unlock bonuses and fee discounts.
Deposit Crypto:
- Transfer supported cryptocurrencies to your WEEX wallet.
Start Trading:
- Choose spot, futures, or copy trading.
- Use advanced tools and set up risk management.
Withdraw Profits:
- Withdraw your crypto assets at any time, subject to network fees.
Conclusion: Is WEEX Right for You?
WEEX stands out as a highly competitive crypto trading platform in 2025, excelling in low fees, asset diversity, security, and user experience. Its unique blend of advanced features, copy trading, and a strong compliance record makes it suitable for both beginners and professionals. While the lack of fiat support may be a drawback for some, the platform’s advantages-especially for crypto-to-crypto traders-are hard to ignore.