Weex Exchange

Centralized Exchange Singapore · Est. 2018

WEEX

Low-Fee Derivatives Trading With Optional KYC.
Exchange Logo
3.7/5
Fair

Strong on fees and proof of reserves, mixed on user reviews
CEX Optional KYC Spot Futures Copy Trading
Spot Fee (maker/taker)
0.10%
Trading Pairs
1700+
Max Leverage
400x+
Users
6M+

About

WEEX is a centralized exchange built around low fees and high-leverage derivatives. It's the kind of platform traders reach for when they want to open a futures position quickly without a long onboarding process getting in the way.
Identity verification is optional for trading. You can deposit and trade unverified, with withdrawals capped at 10,000 USDT per day — completing KYC raises that ceiling to 1,000,000 USDT per day.
WEEX is registered in Singapore. It hasn't published clear detail on its regulatory licensing status, which is worth keeping in mind alongside its security track record.
The exchange has grown to serve more than 6 million users across 130+ countries and regions since its 2018 launch.

Company Background

WEEX.com launched in 2018, backed by a reported $100 million investment from a blockchain-focused investment firm. That early capital went toward building out its derivatives infrastructure from day one.
The exchange is led by founder and CEO Peter — his surname isn't publicly disclosed — alongside co-founder and CMO Stephen Chen, who drives WEEX's branding and marketing.
The wider team draws on backgrounds from Wall Street, Silicon Valley, Citibank, and Google, which WEEX leans on heavily in its own marketing around trust and technical capability.
In 2026, WEEX was named "Most Secure Crypto Exchange" at the CoinGape Web3 Innovation Awards, largely on the strength of its Proof of Reserves system and 1,000 BTC Protection Fund.

Overview

Website WEEX.COM
Category Centralized Exchange · Derivatives-Focused
Launch Date 2018
Headquarters Singapore
Founder / CEO Peter (surname undisclosed)
Native Token $WXT
Languages EN + Multi-language support
Mobile App iOS & Android

Core Features

FeatureDetails
Spot Trading600+ assets across 1,700+ markets · BTC/USDT · ETH/USDT · new listings added weekly
Futures / PerpetualsUSDT-margined, inverse & simulation contracts · up to 400x leverage on select pairs
Copy TradingMirror top-performing traders with visible performance metrics before allocating
Optional KYCTrade and deposit unverified · KYC required for card purchases and higher withdrawal limits
Auto EarnFlexible USDT savings product for passive yield while holding balances
OTC DeskOver-the-counter trading for larger orders
APIREST & WebSocket API · Spot · Futures · Account management

(Note: Trading pairs, leverage limits, and fee rates change often, and different WEEX pages have quoted different figures over time — e.g. 200x vs 400x max leverage. Always check WEEX's live fee schedule and contract specs before trading.)

Supported Blockchains & Assets

Supported Networks

Ethereum (ERC-20) · BNB Chain (BEP-20) · Tron (TRC-20) · Solana + More

Supported Assets

BTC · ETH · DOGE · XRP · SHIB · PEPE + 600 cryptocurrencies

Deposits & Withdrawals

Multi-chain crypto deposits · Debit/credit card & e-wallet purchases in eligible regions · no native P2P marketplace

Order Types & Trading Engine

Order Types

Market · Limit · Stop-Limit · Trigger orders

Advanced Trading

Cross & isolated margin · USDT-M, inverse & simulation futures contracts · Copy Trading

Trading Engine

Institutional market-maker partnerships aimed at deep liquidity across 1,700+ pairs

$WXT Token Utility

Fee Discount

Holding WXT can cut futures fees by up to 20% and reduces spot fees when enabled in settings

Stacking

WXT discounts stack with VIP tier reductions and referral code benefits

WE-Launch Access

WXT holders get access to WE-Launch token sale events

Buybacks

WEEX has completed multiple WXT buybacks funded from platform activity

Fees

Fee TypeStandardWith $wxt
Spot Maker0.10% (0% on select pairs)Reduced
Spot Taker0.10%Reduced
Futures Maker0.02%As low as 0.006%
Futures Taker0.06%–0.08%As low as 0.018%
Crypto DepositFree
BTC Withdrawal~0.0006 BTCNetwork-dependent
💡 WXT discounts, VIP tier discounts, and referral code discounts can all stack together

Deposit & Withdrawal

MethodDepositWithdrawSpeedStatus
Bitcoin (BTC)Free~0.0006 BTC~10 minLive
Ethereum (ETH)Free Dynamic~2 minLive
USDTFreeNetwork-dependent~5 minLive
Card / E-WalletVisa · Mastercard · Apple/Google Pay❌❌❌ REGION-DEPENDENT 
P2P❌❌❌❌❌❌
Not offered
💡 Card and e-wallet purchases require KYC and are only available in eligible regions

Withdrawal & Security Policies

Minimum Deposit

Different network different criteria.

Deposit Confirmations

BTC: network-standard confirmations · Other assets: Network dependent

Withdrawal Confirmations

Network dependent

Address Whitelisting

Supported

Withdrawal Restrictions

Unverified accounts: 10,000 USDT/day · Verified (KYC) accounts: up to 1,000,000 USDT/day

KYC & Verification

LevelDaily WithdrawalRequirements
No KYC10,000 USDTNone — trade & deposit freely
Identity Verification1,000,000 USDTID document + facial verification
⚡ KYC is optional for trading but required to buy crypto with a card or unlock the full withdrawal limit.

Security & Regulation

🧊
Cold Storage
95%+ of assets in multisig cold storage
🛡️
Protection Fund
1,000 BTC, publicly verifiable wallet
🔍
CertiK Rating
BBB (rating, not a full audit)
📊
Reserve Ratios (Jun 2026)
BTC 122% · ETH 115% · USDT 102%
🔑
2FA
2FA · withdrawal password · email/SMS · whitelisting
🐛
Bug Bounty
Active program with HackenProof
🚫 WEEX has not published a clear, detailed regulatory licensing status — confirm your own country's rules before depositing significant funds

Corporate & Legal Structure

Operating Name

WEEX International Exchange Ltd

Jurisdiction

Singapore

Initial Backing

Reported $100 million investment from a blockchain investment firm at launch

Regulatory Transparency

Independent reviews note WEEX has not been forthcoming about specific regulatory licenses, despite being transparent on reserves and audits

Leadership

Founder/CEO known publicly only as "Peter" · Co-founder/CMO Stephen Chen

Transparency Snapshot

BTC Reserve Ratio
122%
Cold Storage
95%+
Trustpilot
~3.8/5

API & Developer Platform

API

REST API · WebSocket API

Trading Support

Spot · Futures · Account Management

Authentication

API Key · Secret Key

Risk Systems

AI-powered risk control layered on top of standard API permissions

WebSocket

Real-time market data · Order updates · Account updates

Rate Limits

VIP-level based · Endpoint-specific

API Security

IP restrictions · API permissions · Key management

Pros

  • ↗ Trade and deposit without mandatory KYC, up to a 10,000 USDT daily withdrawal cap
  • ↗ Competitive futures fees (0.02% maker / as low as 0.06% taker)
  • ↗ Publicly verifiable 1,000 BTC Protection Fund with on-chain wallet addresses
  • ↗ Named "Most Secure Crypto Exchange" at the CoinGape Web3 Innovation Awards 2026
  • ↗ Wide asset coverage — 600+ cryptocurrencies across 1,700+ markets
  • ↗ Copy trading with visible trader performance history
  • ↗ High affiliate commission rebates, up to 70%
  • ↗ 95%+ of client assets held in multisig cold storage

Cons

  • ↘ Regulatory licensing status isn't clearly published
  • ↘ CertiK has issued a rating (BBB), not a full independent security audit
  • ↘ Trustpilot reviews are mixed, with some withdrawal-related complaints
  • ↘ No native P2P trading marketplace
  • ↘ Leverage figures have been inconsistently reported (200x vs 400x) across WEEX's own materials
  • ↘ Founder identified only by first name, with limited public background available
  • ↘ Extremely high leverage on offer can amplify losses for inexperienced traders

Affiliate Program

Earn with WEEX 

Commission rebates of up to 70% on trading fees generated by your referrals.

 Eligible Trading

Spot · Futures

Referral Link

Custom referral link & VIP code

WXT Stacking

Referral discounts can stack with WXT holding discounts and VIP tier reductions

Program Reach

Positioned as a global program aimed at content creators and community builders

Program Terms

Administered at WEEX's discretion; check the official affiliate page for current terms

70%
Max Commission Rebate on Trading Fees

Frequently Asked Questions

What is WEEX?
WEEX is a centralized crypto exchange founded in 2018 and registered in Singapore, focused on low-fee spot and high-leverage futures trading with optional KYC.
Do I need KYC to trade on WEEX?
No. You can deposit and trade unverified, with withdrawals capped at 10,000 USDT per day. Completing identity verification raises that limit to 1,000,000 USDT per day.
What is the WEEX native token?
$WXT is WEEX's native token, offering up to a 20% futures fee discount, spot fee reductions, and access to WE-Launch token sales.
How much leverage does WEEX offer?
Up to 400x on select contracts according to WEEX's own recent materials, though many independent reviews cite 200x as the more commonly available ceiling — always confirm the live contract specs before trading.
Is WEEX regulated?
WEEX is registered in Singapore, but independent reviews note it hasn't published clear detail on specific regulatory licenses — worth weighing against its transparency on reserves and security.
Does WEEX support copy trading?
Yes. Users can browse trader performance history and mirror strategies from top-performing traders on the platform.
Is there a mobile app?
Yes — iOS and Android, with the full trading, copy trading, and Auto Earn feature set.
How does WEEX prove it holds user funds?
WEEX publishes Proof of Reserves with on-chain, publicly verifiable wallet addresses, alongside a segregated 1,000 BTC Protection Fund. As of its June 2026 report, reserve ratios stood at 122% for BTC, 115% for ETH, and 102% for USDT.

Sources

  • WEEX official site — weex.com
  • WEEX exchange statistics, fees & founder background — CoinGecko
  • WEEX company profile & user/country stats — IQ.wiki
  • WEEX Proof of Reserves explainer — WEEX Learn
  • "Most Secure Crypto Exchange" award & reserve ratios — BeInCrypto
  • CertiK rating & Trustpilot data — Webopedia
  • KYC tiers & withdrawal limits — Coinspeaker
  • Affiliate commission rate — LiquidityFinder
Last verified: AUGUST 15 2026Organic listing

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