WEEX Exchange Review: Features, Fees, Security, and More
Choosing a cryptocurrency exchange is never a simple decision. You need a platform packed with useful features, low trading fees, and a solid security framework — but finding one that checks all the boxes is easier said than done. Even the biggest names in the industry aren’t always the right fit since different traders have different priorities. Some focus on liquidity, others on advanced trading tools, while many just want a straightforward, hassle-free experience.
WEEX isn’t the biggest exchange out there. It doesn’t command the massive trading volume of giants like Binance or Bybit, nor does it offer an overwhelming suite of features. But what it does provide is a functional, user-friendly space where traders can execute trades without unnecessary roadblocks. It carves out its own niche with unique features, promotional events, and a focus on accessibility.
This review breaks down WEEX’s core features, security setup, and overall usability. The goal? To see if it’s the right fit for you. No fluff, no hype, just the details that matter. Let’s get into it.
What is WEEX?
WEEX is a centralized cryptocurrency exchange (CEX) that has been operating since 2018. The exchange is registered in Singapore and has headquarters in Taiwan and Dubai. Unlike platforms that push out features at a quick pace, WEEX takes a different approach and focuses on building a strong legal foundation. It ensures compliance with financial regulations, allowing it to operate in multiple regions, including the United States, Canada, the United Kingdom, and Japan. The exchange holds Money Service Business (MSB) registrations with FINTRAC in Canada and FinCEN in the United States. This is quite impressive and enforces the exchange’s legitimacy.
The platform supports various trading services, including spot trading, futures trading (with leverage up to 200x), over-the-counter (OTC) trading, and copy trading. With over 600 cryptocurrencies available, WEEX is a one-stop shop for digital assets.
Security is a top priority at WEEX, just like any leading exchange. The platform backs its commitment with a publicly verifiable 1,000 BTC protection fund and Proof of Reserves (PoR). It also employs advanced security protocols to safeguard user funds and data, ensuring a safe trading environment.
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Pros and Cons
Pros
- A regulated and secure cryptocurrency exchange.
- Supports trading of more than 600 digital assets.
- Offers excellent security with Proof of Reserves, cold storage for most funds, and a 1,000 BTC protection fund for users.
- Enables high withdrawal limits without KYC—up to 50,000 USDT per transaction and 500,000 USDT per day.
- Provides an easy-to-use copy trading feature for following expert traders.
- Offers up to 200x leverage
Cons
- Lacks support for bank transfers and crypto purchases using debit or credit cards.
- Ranks 77th on Certified, indicating a moderate position in the market.
- Does not offer a tiered fee structure, which may not appeal to high-volume traders.
Key Features of WEEX
Before we dig deeper, let’s take a quick look at what makes the WEEX exchange standout:
Security & Privacy
WEEX integrates multiple security measures to safeguard user funds and data. Two-factor authentication (2FA) adds an extra layer of account protection, while advanced encryption ensures secure transactions. The exchange also performs regular security audits to maintain system integrity. WEEX maintains a 1,000 BTC user protection fund, with its address openly disclosed. Additionally, WEEX provides Proof of Reserves (PoR), allowing users to verify that assets are fully backed.
Fee Structure
The platform follows a clear and competitive fee model. Spot trading fees are fixed at 0.10% for both makers and takers. Futures trading is structured with a 0.02% fee for makers and a 0.08% fee for takers. Deposits are free, and withdrawal fees remain in line with industry standards.
Trading Options
WEEX supports multiple trading methods, catering to different strategies and risk levels. Users can engage in spot trading for direct asset purchases or utilize futures trading with leverage up to 200x. Over-the-counter (OTC) trading allows for direct transactions between buyers and sellers. Additionally, the copy trading feature enables users to mimic experienced traders’ strategies automatically.
Cryptocurrency Support
The exchange offers a vast selection of over 600 cryptocurrencies. With 640+ spot trading pairs and 470+ perpetual contract pairs, users have tons of assets to choose from.
Referral & Affiliate Programs
WEEX also provides earning opportunities through its referral and affiliate programs. Individual users can invite friends and receive up to 50% of the trading fees they generate. The affiliate program extends additional benefits to influencers and content creators, allowing them to earn commissions based on their referrals.
User-Friendly Interface
The platform features a responsive web interface and a mobile app designed for smooth navigation. Beginners can quickly get started, while experienced traders can access advanced tools without overcomplicating things.
No-KYC Limits
WEEX offers high withdrawal limits for non-KYC users. Without identity verification, users can withdraw up to 50,000 USDT per transaction and 500,000 USDT daily, making it an excellent option for those who prefer anonymity.
How to Create Your WEEX Account
Setting up a WEEX account is simple and takes only a few minutes. It doesn’t matter whether you are using the web platform or the mobile app; the process remains the same.
1. Visit the WEEX Website
Start by going to www.weex.com in your browser. If using a smartphone, download the WEEX app from the Google Play Store or the Apple App Store.
2. Fill in the Signup Details
Click the “Sign Up” button in the top right corner of the homepage. Enter a valid email address and create a strong password containing a mix of letters, numbers, and symbols. Check the required boxes to agree to the Terms of Service and Privacy Policy. Lastly, click “Sign Up” to complete this step.
3. Verify Your Email
After registering, WEEX sends a verification email. Open the email and click the provided link to activate your account. Without this step, logging in or trading won’t be possible.
4. Complete KYC Verification
WEEX follows anti-money laundering (AML) regulations, so users must verify their identity before trading. To do this:
- Log in to your WEEX account via your phone, as the process is faster and more intuitive on mobile devices.
- Click on your profile email and move on to the next page.
- Select “ID Verification” to start the process.
- Choose your residence region. (USA/Others)
- Upload the following documents: A government-issued ID (passport, driver’s license, or national ID).
- Click on take a selfie and complete facial verification.
- Submit the documents and wait for approval. Verification typically takes 24-48 hours.
Once verified, users can deposit funds. WEEX supports crypto and fiat deposits. After funding the account, trading features become accessible.
WEEX Deposits and Withdrawals
WEEX allows both crypto and fiat deposits and withdrawals, though fiat transactions are only available in select regions. If you’ve used other exchanges, the process will feel familiar. Below is a simple breakdown of how deposits and withdrawals work on the platform.
Depositing Funds on WEEX
Crypto deposits follow a simple process. Start by accessing your WEEX wallet and heading to the Deposits section. Choose the cryptocurrency and network you want to use. The system will then generate a unique wallet address, which serves as the destination for your funds. To complete the deposit, use this address on the platform where your funds are currently stored—whether it’s another exchange or a personal crypto wallet. Always double-check the network selection, as sending assets to an incompatible blockchain can result in lost funds. Once the transfer is initiated, WEEX will notify you when the funds are successfully credited to your account. The speed of deposits depends on network congestion and transaction confirmations.
Withdrawing Funds from WEEX
Withdrawing crypto involves similar steps but requires careful input. Start by selecting the cryptocurrency you want to withdraw, enter the amount, and choose the network. Next, input the recipient’s wallet address. This must match the chosen network to avoid transaction failures. Before confirming the withdrawal, WEEX requires two-factor authentication (2FA) for security. This extra step ensures that only authorized users can move funds. Once the request is approved, the platform processes the withdrawal and sends a confirmation notification with transaction details. Just like deposit times, withdrawal times also vary based on network activity and security checks. Always verify the recipient’s address and network settings before submitting a request.
Is WEEX Secure?
Security plays a critical role in any cryptocurrency exchange, and WEEX has implemented multiple protective measures to safeguard user assets. However, its CC security rating on Certified, where it ranks 77th, suggests that it may not be among the highest-rated exchanges in terms of security. One of WEEX’s standout security features is its Proof of Reserves (PoR) system, which ensures that customer funds are verifiable and backed by actual holdings. A large portion of these assets is stored in cold wallets, which reduces the risk of cyberattacks. To further mitigate risks, the exchange has set up a 1,000 BTC protection fund, which acts as a financial safety net in case of security breaches or user fund losses.
On the technical side, WEEX implements two-factor authentication (2FA) to strengthen account security, requiring an additional verification step beyond a password. Data transmission is secured through SSL encryption, protecting sensitive information from interception. The exchange also utilizes an AI-powered risk control system, which continuously monitors transactions for potential threats or unusual activity. Security assessments by firms such as Shencha Technology and Qingsong Cloud Security show that the exchange does not take its security lightly.
Despite these security measures, self-custody remains the most reliable way to protect digital assets. Keeping funds in a personal wallet rather than on an exchange eliminates third-party risks.
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Order Types on WEEX
WEEX offers multiple order types to accommodate different trading styles. Whether executing quick trades at market prices or setting strategic entry points, traders can choose the most suitable order type for their needs. Let’s break down the options that WEEX offers.
Market Orders
Market orders prioritize speed over price control. These trades execute immediately at the best available market price. They are useful when quick execution is more important than securing a specific entry or exit price. Traders use this when they want to get on a trade instantly. For example, if Ethereum (ETH) is trading at $3,200, placing a market buy order will instantly purchase ETH at the closest available price. Perhaps $3,202 or $3,205, depending on liquidity. The final price may vary slightly due to market fluctuations.
Limit Orders
Limit orders allow traders to set a specific price at which they want to buy or sell an asset. The order only executes when the market reaches that price. This offers greater control as you decide the exact price at which you want to execute the trade. For example, Bitcoin (BTC) is trading at $42,000, but a trader wants to buy at $41,500. They can place a limit buy order at $41,500, and the order will remain open until the price hits that level. If BTC never drops to $41,500, the order stays unfilled.
Advanced Order Types
For traders looking for more flexibility, WEEX supports additional order types designed for specific strategies.
- Good-Till-Cancelled (GTC):
A GTC order remains active until it is either fully executed or manually canceled. For example, A trader places a GTC sell order for BTC at $45,000. If the price doesn’t reach $45,000, the order stays open indefinitely.
- Immediate-Or-Cancel (IOC):
An IOC order attempts to fill as much of the trade as possible immediately. Any unfilled portion is canceled. For example, a trader places an IOC buy order for 5 ETH at $3,180. If only 3 ETH are available at that price, those are purchased, and the remaining 2 ETH order is canceled.
- Fill-Or-Kill (FOK):
A FOK order must be fully executed immediately or canceled entirely. For example, a trader places an FOK order for 10 BTC at $40,800. If all 10 BTC are available at that price, the order goes through. If even 1 BTC is missing, the order is canceled.
- Post-Only Orders:
Post-only orders ensure that a trade adds liquidity to the market rather than matching an existing order. If the order would execute immediately, it is canceled instead. For example, A trader sets a Post-Only limit order at $39,700. If another trader already has a matching sell order at the same price, the post-only order will be canceled to prevent it from executing as a taker trade.
- Take Profit Orders:
Take profit orders automatically close a position when a set profit target is reached, helping traders lock in gains. For example, A trader buys Solana (SOL) at $90 and sets a take profit order at $110. If SOL reaches $110, the system automatically sells the holdings, securing profits without requiring manual intervention. Each of these order types serves a distinct purpose. Giving traders the ability to execute trades that fit their individual trading styles makes WEEX a very good option for all kinds of traders.
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Spot Trading on WEEX
Spot trading on WEEX allows users to buy and sell cryptocurrencies instantly at market prices or set orders for future execution. You can get started by following the steps below:
1. Log In to Your Account
Head to the WEEX homepage, enter your registered email or phone number and input your password.
Note: Security is key, so do not forget to turn on two-factor authentication (2FA), as it adds an extra layer of protection before accessing the trading dashboard.
2. Go to the Spot Trading Section
Once inside, head to the “Spot” tab at the top of the page. This section displays live market data, trading charts, and available order options. Prices fluctuate constantly, so real-time updates will help you make better decisions.
3. Select a Trading Pair
Spot trading requires choosing a cryptocurrency pair. WEEX offers multiple options, each consisting of a base currency and a quote currency. For example, selecting BTC/USDT means Bitcoin is being traded against Tether. Other pairs, such as ETH/USDT or SOL/USDT, provide alternative choices based on market preference.
4. Place Your Order
Choosing an order type is the next step. Market orders execute instantly at the best available price, while limit orders wait for a specified price before executing.
- Select “Buy” if purchasing crypto or “Sell” if offloading holdings.
- Enter the desired amount or set a custom price for limit orders.
- Double-check the details before submitting the trade.
Once confirmed, the order processes based on market conditions. Executed trades appear in the transaction history while pending limit orders remain in the open orders tab until filled or canceled. Spot trading on WEEX offers flexibility for both quick transactions and strategic price-based trades, depending on user preference.
Leverage/Margin Trading on WEEX
Leverage trading on WEEX lets traders amplify their positions using borrowed funds, increasing both profit potential and risk. Understanding margin mechanics, risk controls, and position management is essential before engaging in leveraged trades.
What Is Margin?
Margin is the initial capital a trader deposits to open a leveraged position. Instead of paying the full trade value upfront, traders commit a fraction of the total cost while borrowing the rest. The margin requirement changes based on leverage size and market conditions. WEEX supports two margin modes, each suited to different risk strategies:
- Isolated Margin: The margin is tied to a single position, preventing losses from affecting the rest of the account. If a trade moves against the trader, only the allocated margin is at risk.
- Cross Margin: The entire account balance acts as collateral for open trades. This approach maximizes flexibility but also exposes all funds to potential liquidation if losses exceed available capital.
Key Features of Leverage on WEEX
- Up to 200x leverage is available on the selected trading pairs, allowing traders to control larger positions.
- Seamless switching between Isolated and Cross Margin helps traders adjust based on market conditions.
- Maintenance margin scales with position size, ensuring risk management mechanisms remain in place.
- Free fund transfers between spot and futures accounts. This means flexible capital allocation without extra fees.
Automatic Margin Call on WEEX
To help prevent immediate liquidation, WEEX includes an Automatic Margin Call feature. If a position approaches its liquidation threshold, the system attempts to stabilize the margin ratio by transferring available funds from the trader’s futures account. This function applies only in Isolated Margin Mode and must be reactivated for each new trade. However, if no extra funds are available, liquidation may still occur.
WEEX Fees
WEEX follows a flat fee structure, keeping things simple without volume-based discounts. Spot traders pay 0.10% for both maker and taker orders. Futures trading offers lower fees, with maker trades at 0.02% and taker trades at 0.08%. Unlike exchanges that reward high-volume traders with lower costs, WEEX keeps its rates consistent for all users. This setup benefits those who prefer a predictable fee model but may not be ideal for traders looking for progressive discounts.
Deposits are free, meaning users can fund their accounts without extra charges. Withdrawal fees vary based on the asset but remain competitive with industry standards. While some exchanges impose hidden costs on transfers, WEEX maintains transparency, allowing traders to move funds without unexpected deductions.
Copy Trading on WEEX
WEEX Copy Trading simplifies participation in crypto markets by allowing users to follow and replicate the trades of experienced professionals. This system eliminates the need for deep technical analysis or constant market monitoring. Instead of manually executing trades, users can select elite traders and have their positions automatically mirrored in real time.
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How WEEX Copy Trading Works
Traders who opt into WEEX Copy Trading Pro gain access to a structured system where they can either follow others or share their own strategies. Every trade made by a selected elite trader is instantly copied into the copier’s account. If the trader opens a long position, the copier does the same. If they exit, so does the copier. This creates a seamless, automated approach to trading. However, automation does not eliminate risk. Gains and losses are replicated equally, making it important to select traders whose strategies align with personal risk tolerance. While some traders focus on high-risk, high-reward setups, others adopt conservative strategies with lower volatility.
For Copiers
Users can choose from a list of global elite traders, each with publicly available performance metrics. Real-time data provides transparency, allowing copiers to review past trade history, profit-sharing percentages, and supported trading pairs before making a selection. Once a trader is selected, copiers can customize settings to control exposure. Take-profit and stop-loss ratios help lock in gains or limit losses. Slippage settings ensure trades execute within a predefined price range. If needed, users can modify margin settings or stop copying at any time. WEEX offers two copy trading modes:
- Uniform Mode: Applies the same margin settings to all trading pairs.
- Separated Mode: Allows unique margin settings for each trading pair.
Copiers must also decide how their leverage is managed:
- Position Mode: Uses the copier’s leverage settings.
- Trader Mode: Matches the elite trader’s leverage.
- Custom Mode: Let the copier set unique leverage for each trade.
After configuring these options, users define how much capital to allocate per trade and activate copy trading.
For Elite Traders
Traders who allow others to follow their strategies gain exposure to a larger audience and earn commission income. WEEX provides a profit-sharing model where elite traders receive 10% of the profits generated by their copiers. This incentivizes skilled traders to maintain consistent performance and attract more followers. Additionally, WEEX amplifies visibility for top-performing traders by placing them in a traffic pool, making it easier for new users to discover and follow them. The more copiers a trader gains, the greater their potential earnings.
How to Select a Copy Trader on WEEX
Finding the right trader involves reviewing available data, including win rates, past performance, and profit-sharing ratios. After choosing a trader, users should verify whether the supported trading pairs align with their own portfolio. Once a trader is selected, users finalize the settings:
- Choose a copy trading mode – Uniform or Separated.
- Select leverage preferences – Position, Trader, or Custom mode.
- Define investment amounts – Decide how much capital to allocate per trade.
- Adjust risk parameters – Set stop-loss, take-profit, and slippage ratios.
- Confirm and activate copy trading.
WEEX Affiliate & Referral Program
WEEX offers two commission-based programs: the Affiliate Program and the Referral Program. Both provide users with an opportunity to earn by bringing new traders to the platform.
WEEX Affiliate Program
This program is aimed at influencers, content creators, and individuals with a strong audience. Affiliates earn commissions based on the trading fees of users they refer. The more active their referrals, the greater their earnings. Affiliates also gain access to exclusive perks, including AMAs, publications, interviews, and events focused on growing the WEEX community. To succeed in this program, affiliates typically use various promotional channels, such as social media, blogs, or video content, to attract new users. Since earnings depend on the trading volume of referred users, affiliates benefit from engaging with an audience interested in cryptocurrency trading.
WEEX Referral Program
Unlike the affiliate program, the referral program is open to all users, regardless of audience size. Anyone can share a unique referral link or code to invite friends, family, or community members to trade on WEEX. In return, referrers receive a percentage of the trading fees generated by their invitees—up to 50%. There is no limit to the number of referrals a user can make or the amount of commission they can earn. This makes it a passive income opportunity for those who regularly engage with traders or have a network of crypto enthusiasts. The process is simple: share a referral link, get people to sign up, and earn a percentage of their trading fees.
WE-Launch
WE-Launch offers a way for users to gain early access to upcoming tokens by committing WXT, the native token of WEEX. This feature functions as a participation-based airdrop, allowing users to receive tokens from fresh listings. To join, users must hold at least 1,000 WXT in their spot account for 30 consecutive days before an event begins. The system takes regular snapshots, so dropping below this amount could mean missing out. Once the event starts, users commit their WXT, but their tokens remain unfrozen—they’re only used to calculate rewards. This means participation doesn’t lock up funds, making it a flexible way to gain exposure to new projects on the platform.
WEEX Supported Cryptocurrencies
WEEX offers a wide variety of cryptocurrencies that would be sufficient for most traders. The exchange offers 640+ spot trading pairs and 470+ perpetual trading pairs. Some notable cryptocurrencies you will find on WEEX include Bitcoin, Ethereum, Solana, XRP, DOGE, and Polygon.
Final Takeaway
WEEX caters to traders who need versatility and security in one place. With options spanning spot, futures, copy trading, and OTC purchases, it offers a broad trading experience without unnecessary complications. Licensing in key regions like the USA, Canada, and China adds weight to its credibility, ensuring users don’t have to worry about compliance issues.
On the security front, WEEX reinforces trust with an AI-driven risk control system and a 1,000 BTC protection fund. These measures provide further safety, which is crucial in unpredictable crypto markets. Traders seeking a structured, regulation-compliant platform with built-in safeguards will find WEEX an excellent choice.
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Frequently Asked Questions – FAQs
What is WEEX Exchange?
WEEX is a cryptocurrency trading platform offering spot, futures, copy trading, and OTC services.
Is WEEX available in the US?
Yes, WEEX holds an official MSB license, allowing it to operate legally in both the US and Canada.
How does WEEX protect user funds?
WEEX enforces strict security with 2FA, advanced encryption, and regular audits. It also maintains a 1,000 BTC user protection fund and provides verifiable Proof of Reserves (PoR).
What are the trading fees on WEEX?
Spot trading fees are 0.10% for makers and takers. Futures fees are 0.02% for makers and 0.08% for takers. Deposits are free, and withdrawal fees are competitive.
Does WEEX require KYC?
Yes, but non-KYC users can still withdraw up to 50,000 USDT per transaction and 500,000 USDT daily.
What is WEEX’s Copy Trading feature?
Users can automatically mirror top traders’ strategies in real-time, choosing based on performance and risk preferences.
What cryptocurrencies can you trade on WEEX?
WEEX supports a wide range of crypto assets including major coins like BTC, ETH, and many altcoins. Overall the exchange offers over 600 assets to trade.
What is WXT?
WXT is WEEX’s native token, offering reduced trading fees, exclusive listings, and special promotions.
Does WEEX offer futures trading?
Yes, WEEX provides futures trading with up to 200x leverage on selected pairs.
Are there any deposit or withdrawal fees on WEEX?
WEEX does not charge for deposits. Withdrawal fees vary by asset but are in line with industry standards.
What is the WE-Launch feature?
WE-Launch allows users to participate in token airdrops by committing their WXT tokens during specific events.
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