WEEX, officially known as WEEX INTERNATIONAL EXCHANGE LTD, is a centralized cryptocurrency exchange founded in 2018. The platform provides a range of digital asset financial services, including spot and futures trading, copy trading, and over-the-counter (OTC) services. It is designed for both new and experienced retail traders and operates globally, supporting a wide variety of cryptocurrencies. ^{[1] [2]}​

Overview

WEEX positions itself as a comprehensive trading platform for spot and futures contracts. As of January 2026, the exchange reports serving over 6.2 million users in more than 130 countries and regions. The platform's establishment was backed by a reported $100 million initial investment from an unnamed blockchain investment firm. Its slogan, "Trade with Precision, Succeed with #WEEX," is used in its branding to emphasize its focus on providing reliable trading tools. The exchange offers trading on over 1,700 cryptocurrencies and trading pairs. ^{[1] [2] [3]}​

The company is led by its founder and CEO, an individual named Peter, who is responsible for the organization's strategic direction and operations. According to company information, its leadership and technical teams include professionals with experience from financial hubs like Wall Street and tech centers like Silicon Valley, with previous employment at companies such as Citibank and Google. To serve its international user base, the WEEX platform and its support channels are available in approximately 20 languages, including English, Chinese (Simplified and Traditional), Spanish, Portuguese, Russian, German, French, Japanese, and Turkish. ^{[1] [2]}​

History

WEEX was founded in 2018. The exchange established its official presence on the social media platform X (formerly Twitter) with the handle in November 2021, which it uses for public announcements, product updates, and community engagement. ^{[2] [3]}​

In January 2026, the exchange held several promotional and community-focused events. A "New Year Airdrop" campaign was launched on January 1, 2026, in collaboration with the Collect Foundation, designed to incentivize trading activity for the $COLLECT token. Later that month, WEEX promoted the integration of artificial intelligence in trading by organizing the "WEEX AI Hackathon." The competition, which involved teams testing their AI trading strategies in a live market environment, was streamed on YouTube, with the first round held on January 20 and the second on January 22, 2026. On January 22, 2026, WEEX also added the SKR Perpetual Contract to its futures trading market, expanding its derivative product offerings. ^[3]​

Products and Services

WEEX offers a variety of services centered around cryptocurrency trading, asset management, and fiat-to-crypto conversion.

Trading Services

The core offerings of the platform are its spot, futures, and copy trading markets.

Spot Trading

WEEX provides a standard spot trading interface for buying and selling over 1,700 cryptocurrencies. The platform has run promotional campaigns offering zero trading fees for spot transactions, particularly for newly listed assets, to attract users and increase liquidity. ^{[1] [2]}​

Futures Trading

The exchange offers derivatives trading through USDT-Margined Perpetual Futures, which it markets as WEEX Futures Pro. This service allows users to speculate on the future price of cryptocurrencies without owning the underlying asset. Key features of the futures platform include:

• Leverage: Users can trade with leverage up to 400x on certain trading pairs.
• Fees: Standard fees for futures trading are set as low as 0.02% for makers and 0.06% for takers.
• Tools: The futures interface includes tools such as a funding rate overview, information on position limits, and trader leaderboards.
• Demo Trading: A demo environment is available for users to practice futures trading with virtual funds before committing real capital. ^{[1] [2]}

Copy Trading

Copy trading is a prominent feature on WEEX, allowing users to automatically replicate the trading strategies of experienced traders, referred to as "Elite traders." The platform is designed to connect novice traders with seasoned professionals. According to WEEX, its copy trading ecosystem includes over 3,500 elite traders and more than 35,000 users copying their trades, with a cumulative copy trading volume exceeding $720 million. Elite traders are incentivized through a profit-sharing model where they can earn up to 20% of the profits generated by their copiers. ^[1]​

Over-the-Counter (OTC) and P2P Trading

For larger transactions, WEEX facilitates over-the-counter (OTC) trading, which allows trades to be executed directly between two parties outside of the public order books. Additionally, the platform operates a peer-to-peer (P2P) marketplace where users can buy and sell cryptocurrencies directly from one another. The P2P service is advertised with zero transaction fees. ^{[1] [2]}​

Crypto On-Ramp

WEEX provides several methods for users to purchase cryptocurrencies using fiat currency. The "Quick Buy" feature enables direct purchases through various payment methods, including:

• Bank cards (Visa/Mastercard)
• Apple Pay
• Google Pay
• PIX (for users in Brazil)
• SEPA (for users in the Single Euro Payments Area) ^[1]

Other Services

Beyond trading, WEEX offers additional services to add value for its users:

• Earn: An "Auto-Earn" product allows users to deposit their crypto assets to generate yield.
• Educational Content: The platform hosts a "Crypto Wiki," guides, and a news section to provide users with educational materials and updates on cryptocurrency trends.
• WEEX Store: A merchandise store is accessible through the company's website, offering branded apparel and accessories. ^[1]

Platform Features

VIP Program

WEEX has a tiered VIP program that grants members exclusive benefits, such as lower trading fees and dedicated support. Users can qualify for VIP status through one of three pathways:

1. Trading Volume: Achieving a specified futures trading volume over a 30-day period.
2. WXT Holdings: Holding a required amount of the native WEEX Token (WXT) for at least one day.
3. Asset Balance: Maintaining a required average total asset balance over five consecutive days. ^[1]

AI Trading Initiatives

The exchange has actively promoted the use of artificial intelligence in trading. In January 2026, it hosted the "WEEX AI Hackathon," a competition where different teams deployed AI-powered trading bots to compete in the live market. The performance of these bots was tracked and shared publicly, highlighting the platform's interest in algorithmic and AI-driven trading strategies. ^[3]​

User Incentive Programs

WEEX employs several programs to attract and retain users:

• Welcome Bonus: New users can participate in promotions with rewards of up to 20,000 USDT.
• Affiliate Program: Partners can earn up to 70% in commission rebates on the trading fees generated by their referrals.
• Referral Program: Standard users can earn a 50% commission on the trading fees of friends they invite to the platform. ^[2]

WEEX Token (WXT)

WXT is the native utility token of the WEEX exchange, designed to integrate with its ecosystem and provide benefits to its holders.

Overview and Utility

Holding and using WXT provides several advantages on the platform:

• Fee Reductions: WXT holders can receive exclusive, lower fee rates. One specific benefit mentioned is a 50% discount on futures transaction fees.
• Airdrops: Holding a certain amount of WXT (e.g., 300 WXT) can make a user eligible for free airdrops of newly listed tokens through a program called WE-Launch.
• VIP Status: As noted, holding a sufficient amount of WXT is one method to qualify for the platform's VIP program.
• Staking: The token can be staked to earn rewards, with an advertised Annual Percentage Rate (APR) of up to 88.71% in some campaigns. ^[1][2]

Distribution and Acquisition

WXT is distributed to users through a "Trade-to-Earn" program. In this model, users can "mine" WXT by executing trades on the platform. The program functions as a rebate system, offering traders rebates on their fees in the form of WXT, with the rebate percentage scaling up to 40%. On January 22, 2026, the exchange reported that 1,384,518 WXT, valued at approximately 39,698 USDT at the time, had been distributed to users through this program on that day. ^[3]​

Protection Fund

The exchange maintains a 1,000 BTC Protection Fund designed to safeguard user assets against potential losses that are not attributable to the user's own actions or fault. The wallet address holding this fund is made public to allow for transparent verification of its existence and balance. ^{[1] [2]}​

Proof of Reserves (PoR)

WEEX provides a Proof of Reserves (PoR) page, allowing users to verify that the exchange holds their assets on a 1:1 basis. Data from third-party aggregators in January 2026 provided a snapshot of the exchange's reserves, reporting total assets valued at approximately $322.1 million. The breakdown of major holdings included:

• WXT: 49.74%
• Bitcoin (BTC): 28.26%
• Tether (USDT): 11.44%
• AETHUSDT: 9.52%
• Ethereum (ETH): 0.88% The reserves included 1,001 BTC, valued at approximately $89.99 million at the time of the snapshot, which corroborates the 1,000 BTC Protection Fund. A significant portion of the reserves is held in the exchange's own WXT token. ^{[1] [2]}

Account and Communication Security

For account-level security, the platform supports two-factor authentication (2FA). To combat phishing and scams, WEEX also offers a "Contact Verifier" tool. This feature enables users to check whether an email address, phone number, or social media handle is an official communication channel for the exchange. ^{[1] [2]}​

Compliance

WEEX has published several documents outlining its legal and regulatory compliance framework. These include detailed policies on Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF), a Legal Statement, a Whistleblower Notice, and a dedicated page for processing requests from law enforcement agencies. These documents are publicly available on its website. ^[1]​

Partnerships

WEEX engages in partnerships with other projects in the cryptocurrency space to run joint marketing campaigns and promotions. In January 2026, the exchange collaborated with the Collect Foundation (@CollectFDN) for an airdrop event. This promotion was designed to increase user engagement and trading volume for the foundation's native token, $COLLECT, on the WEEX spot market. ^[3]​