WEEX Exchange Review: A Complete Guide for Beginners

The world of cryptocurrency is always changing, and selecting the appropriate exchange from the numerous options can prove to be quite challenging.

When assessing an exchange, the key factors to consider are security, user-friendliness, liquidity, and the variety of cryptocurrencies available. In a market that is both risky and full of opportunities, having a dependable and easy-to-use platform can be crucial.

WEEX distinguishes itself as a secure, effective, and user-friendly trading platform. In this overview, we will provide you with a thorough introduction to WEEX and all the information you need.

What Is WEEX?

WEEX Exchange, founded in 2018 with a substantial $100 million backing from a leading blockchain investment company, is a robust digital asset trading platform. Positioned as a centralized exchange (CEX), WEEX offers users the opportunity to engage in spot trading, futures trading with leverage up to 400x, over-the-counter (OTC) trading, and copy trading. Supporting a wide range of over 1000 cryptocurrencies, the platform serves a diverse global community of tokens traders.

WEEX places great emphasis on security, boasting a 1,000 user protection fund and implementing advanced security protocols to safeguard user funds and information. This dedication to security, along with an intuitive interface and a wide range of trading tools, has resulted in a devoted and expanding user community at WEEX.

WEEX's affiliate and referral programs are notable for providing commissions of up to 50%, promoting community expansion and boosting user involvement. Whether you are interested in entering the trading realm or diversifying your investment holdings, WEEX integrates innovation, security, and user-focused functionalities to provide a premium cryptocurrency exchange experience.

How To Buy Cryptos On WEEX

Begin by accessing the WEEX website or downloading the app.

If you are currently in possession of a WEEX account, kindly access it by logging in.

Here is a concise manual, tap on this link to access A Step-by-Step Guide for How to Buy/Sell Cryptocurrency on WEEX.

Register and Complete KYC On WEEX

Access the WEEX registration portal or install the application and select [Sign up]. Register by providing the necessary information like email or mobile number. Ensure the accuracy of your email or phone number, and establish a strong and trustworthy password.

Please adhere to our straightforward registration procedure and make sure to input the referral code in the designated field.

In order to uphold the topmost security protocols, WEEX Exchange will take a proactive approach by mandating users to undergo KYC (Know Your Customer) identity verification according to their user tier.

To complete the KYC identity verification process, simply select the yellow profile icon located at the top left corner of your software's homepage and proceed to upload the required documents within the "Identity Verification" section.

Ensure that you do not input incorrect details, as this may result in the suspension of your account.

Take a look at our tutorial on how to set up an account and complete the WEEX KYC process. Once everything is ready, navigate to the WEEX referral program page to proceed.

Deposit and start trading

Deposits on WEEX are free. 

WEEX offers digital wallet services for token deposits. Upon logging into WEEX, you have the option to click [Assets] > click [Deposit] > select the cryptocurrency you own to deposit into the platform, select the desired cryptocurrency for deposit, and proceed to either manually copy the deposit address provided by WEEX or use the QR code scanning feature to initiate the transfer from an external digital wallet.

Explore our detailed instructions for a step-by-step guide on how to deposit on WEEX. By following these steps, you can kickstart your trading experience on WEEX.

Withdraw

Making a withdrawal on WEEX is uncomplicated. If you are utilizing our WEEX application, once you have signed up or logged in, you can proceed by clicking on [Assets], then selecting [Withdraw], followed by choosing the cryptocurrency you wish to withdraw, the network, and entering the desired address and amount. Subsequently, you only need to exercise patience until the withdrawal process is finished.

Explore our guide for how to withdraw on WEEX to gain a better understanding.

Why Choose WEEX?

Strong Security and Trusted Trading:

Security stands as a top priority in the operations of WEEX. The platform upholds a user protection fund of 1,000 BTC, along with transparently providing its address and Proof of Reserves (PoR). Additionally, WEEX implements sophisticated security protocols to safeguard user assets and information, guaranteeing a secure and reliable trading atmosphere.

Diverse Selection of Cryptocurrencies:

Supporting over 1000 cryptocurrencies, WEEX offers a wide range of digital assets for traders to diversify their investment portfolios. This includes popular cryptocurrencies such as BTC USDT, DOGE USDT, ETH USDT, ETC USDT, TRX USDT. By offering this extensive variety, WEEX enables users to capitalize on market trends, trade securely, and easily access their preferred assets.

Versatile Web and Mobile Trading Platform:

WEEX provides a functional trading experience on web as well as mobile apps, catering to traders seeking flexibility and convenience. Whether you are at home or on the go, the WEEX mobile application enables you to engage in cryptocurrency trading, monitor live market data, and manage all account preferences with just a few taps. Both platforms come equipped with advanced trading features, real-time price updates, and customizable charts, empowering users to make prompt and informed decisions. Regardless of your location or device, WEEX guarantees a seamless and effective trading journey.

Skilled Team:

WEEX's team brings together a team of experts hailing from prestigious backgrounds such as Wall Street, Silicon Valley, Citibank, and Google. Under the guidance of CEO and founder Peter, WEEX has emerged as a prominent player in the global crypto trading sphere, recognized for its cutting-edge solutions and user-centric design. Backed by a proficient technical squad, WEEX delivers a secure, seamless, and effective trading platform on a global scale. Responding to rapid expansion, WEEX has scaled its workforce to over 500 professionals, elevating service standards and fostering continuous product advancement. This strategic expansion enables WEEX to address the varied requirements of its worldwide user base, solidifying its position as a frontrunner in the cryptocurrency trading sector.

Varied Services and Tools:

WEEX functions as a centralized cryptocurrency exchange (CEX) that presents a complete set of trading instruments suitable for novices as well as seasoned traders. The platform delivers a variety of services, such as spot trading, futures trading with leverage of up to 400x, over-the-counter (OTC) trading, and copy trading. Whether one intends to engage in trading at prevailing market rates, leverage positions, or track skilled traders, WEEX furnishes all essential tools essential for achieving success.

Worldwide Presence:

WEEX is proud of its extensive global presence, providing services in various countries including the Japan, Turkey, India, the Philippines, and other nations. This worldwide footprint is supported by robust technical infrastructure, expert services, and a Affiliate Program that offers commission rebates of up to 70%. Since its inception, WEEX has experienced rapid expansion, currently catering to more than 5 million active users in 134 different countries. With a daily trading volume surpassing \$50 billion, WEEX holds a position in the top 12 on CoinMarketCap.

WEEX, with its ongoing growth, continues to be a preferred option for traders looking for a dependable and effective trading platform. The confidence of users around the globe is evidenced by its success. Providing more than 1,000 trading pairs, state-of-the-art security measures, support in multiple languages, and user-friendly features, WEEX ensures an unparalleled trading journey for its international user base.

Multilingual Community Support:

The platform's success is significantly driven by The WEEX community, which caters to distinct segments of users from around the globe. Each group is committed to establishing a space where traders, investors, and cryptocurrency enthusiasts can engage, exchange ideas, and benefit from each other's knowledge. While the global community unites members worldwide, provide region-specific assistance and conversations.

WEEX actively maintains a robust presence on various social media platforms to keep its communities informed and engaged. The community interacts via channels such as Twitter, Facebook, Medium, Telegram, and YouTube. Moreover, Discord and LinkedIn act as interactive platforms for more detailed discussions and professional networking. Whether sharing market updates, promotions, or community events, WEEX's social media engagement ensures that users remain well-connected and informed at all times.

Low Fees:

In normal circumstances, spot trading fees on WEEX are 0.1% for both makers and takers. Futures trading fees are 0.02% for makers and 0.08% for takers.

Yet, hold WXT, you have the opportunity to receive a discount of up to 70% on fees for trading futures, based on your WEEX VIP tier.

Excellent Customer Service

At WEEX, we are committed to delivering outstanding customer service in order to guarantee a fantastic customer experience. Should you come across any difficulties or require clarification, our proficient support staff is on standby to help. You have various options available to contact us effortlessly.

Telegram Support: Get the Telegram app on your device, then join our authorized channels for help:

Customer Support&Business Cooperation: @weikecs

English Assistance: @weexencs

VIP Support: support@weex.com

Artificial Intelligence Support: To receive immediate assistance, just utilize the AI-driven customer service function located at the bottom right of the WEEX site. Should the need arise, you have the option to engage with a live representative for tailored assistance.

Count on dependable and prompt support from WEEX whenever you require it.

WEEX Order Types

For a comprehensive understanding of the different types of orders on WEEX, their functionalities, and strategies for leveraging them effectively, refer to this complete guide to master different types of orders on WEEX.

Market Orders

Market orders are most appropriate for traders who value quick execution and assurance more than exact pricing. By placing a market order, the trade is promptly carried out at the prevailing market price, guaranteeing immediate completion without any delays. Such orders are well-suited for individuals looking to swiftly purchase or sell assets, unconcerned about minor price changes.

If Bitcoin (BTC/USDT) is priced at $96,000, initiating a market buy order guarantees immediate execution at the most favorable available price. This price may slightly differ, for instance $96,005 or $96,010, contingent upon market liquidity during the trade. While this ensures rapid transaction processing, the precise price may experience minor deviations from the listed market value due to market fluctuations and liquidity conditions.

Limit Orders

Limit orders provide traders with increased control over their transactions, enabling them to stipulate the precise price at which they want to purchase or sell an asset. In contrast to market orders, which are executed immediately at the current market price, limit orders are triggered only once the market reaches the designated price point. This precision feature prevents buying above or selling below the intended price, facilitating a more strategic approach to trading.

If Ethereum (ETH/USDT) is trading at $2,500, you have the option to set a buy limit order at $2,488. This particular order will be triggered solely if the market value decreases to $2,488 or less, guaranteeing the acquisition of ETH at your specified price point or a more favorable one.

At WEEX, traders can benefit from using limit orders to capitalize on price changes while retaining authority over their trading decisions. By incorporating limit orders, traders can improve trading flexibility and accuracy, enabling them to optimize their market participation.

Advanced Orders

Experienced traders can take advantage of WEEX's advanced order types, which offer increased flexibility and strategic choices for optimizing trading strategies.

Orders placed with the Good-Till-Canceled (GTC) option will remain active until they are fully executed or manually canceled by the trader, providing the trader with full control over the order's duration. 

• A Good-Til-Canceled order for XRP USDT at $2 remains active in the order book until the price matches your condition or you cancel it manually.

Immediate-Or-Cancel (IOC) orders seek to execute the order immediately by filling as much of it as possible, while automatically canceling any portion that remains unfilled. This order type enables partial completion of trades when liquidity conditions allow. 

• An Immediate-or-Cancel order for 2 SOL USDT at $135 may fill 1.5 SOL if liquidity allows, with the remaining 0.5 SOL canceled automatically.

Fill-Or-Kill (FOK) is an order type that mandates immediate execution of the entire order. In the event that the full order cannot be filled, it is promptly canceled to prevent any incomplete transactions. 

• A Fill-or-Kill order for 3 MASK USDT at $2.1 executes only if all 3 MASK can be bought at that price; otherwise, it’s fully canceled.

By using the Post Only order type, your order will add liquidity to the market when acting as a maker order. If your order would match an existing one, it will be canceled to help you steer clear of taker fees. This approach supports market liquidity and taker fee avoidance, guaranteeing your advantages as a market maker.

• Placing a Post Only order at $92,900 ensures your order adds liquidity to the market, avoiding taker fees and rewarding you as a market maker.

Utilize Take Profit Orders to automatically exit a trade when a predetermined profit target is reached, allowing you to secure profits without constant monitoring. For example, if you bought Bitcoin (BTC) at $50,000 and set a take profit order at $55,000, the position would close automatically when the price reaches $55,000, locking in your gains.

• After buying AAVE USDT at $200, a take profit order set at $95,000 will automatically close your position when the price reaches $95,000, securing your gains.

The enhanced order varieties offered on WEEX enable users to enhance the efficiency of their trading strategies, control risk, and maximize profits in a volatile market setting.

WEEX Trading Types

Spot Trading

What is WEEX Spot Trading?

Spot trading is the most conventional method of trading in the cryptocurrency market, and WEEX Exchange offers a solid platform for traders to participate in these transactions. In spot trading, assets such as cryptocurrencies are purchased or sold immediately at the current market price. Essentially, spot trading involves swapping one cryptocurrency for another, with one coin serving as the pricing unit for acquiring other coins. Orders are matched based on a priority system that considers both price and time, ensuring that each trade is executed at the optimal price. This clear and open approach has made spot trading a favored option among many traders.

Here is a concise overview, access this comprehensive spot trading guide for beginners.

Step-By-Step-Guide

Step 1: Register or Log In

To access your account, select Log in at the top of the page. If you are new to WEEX, choose to sign up and refer to our detailed step-by-step instructions for assistance.

Ensure that you have finished the identity verification process for KYC (Know Your Customer).

STEP 2: Go to Spot Trading

After logging in, simply select the "Spot" button located on the homepage's top section.

Accessing the Spot Trading Section within the WEEX platform.

Step 3: Select a Trading Pair

Explore the trading pairs that are offered and select the specific one you wish to engage in trading with.

STEP 4: Place Your Order

Choose the order type that best suits your needs from the options provided (for example, market or limit).

Select either "Buy" or "Sell" and input the quantity.

Please examine the information carefully before placing your order.

STEP 5: Track Your Orders

Access Open Orders to see all current orders that are still awaiting processing. It is possible to make adjustments or terminate them as necessary.

View Order History: Review all your previous transactions, comprising both fulfilled and revoked orders.

Copy Trading

What is WEEX Copy Trading?

WEEX copy trading enables users to automatically replicate the trades of skilled and accomplished traders on the WEEX platform. By mimicking the strategies of top traders, novices or individuals with less experience can potentially benefit from their expertise. Users have the option to select traders to follow based on their performance, with the system automatically duplicating their trades in real-time. This functionality offers a straightforward entry point into cryptocurrency trading without requiring extensive market understanding, allowing for a hands-off trading experience while gaining insights from seasoned professionals.

What is WEEX Copy Trading Pro?

WEEX has launched the Copy Trading Pro function in order to streamline the process of entering the futures trading market. This feature offers traders and those who copy their trades a clear and easy-to-use platform for trading digital derivatives, with the goal of increasing profits and benefiting all involved parties.

Using WEEX Copy Trading Pro enables individuals to replicate the techniques used by professional traders. This feature allows users to generate income without having to conduct thorough market analysis or actively oversee trades. It is crucial to note that all trades, regardless of their outcomes, will be duplicated by followers. Therefore, it is vital to select traders whose methods are in line with your risk tolerance level.

Why WEEX Copy Trading？

For Copy Traders:

Traders who copy others' strategies can make profits effortlessly without the need to constantly keep an eye on charts all day long.

• Secure and Trustworthy:

WEEX meticulously picks out top traders globally, providing a range of leading strategists for users to select. Transparent and trustworthy trading is ensured through real-time trading data and trackable records of both leading and copied trades.

• Effortless Earnings:
• By simply clicking a button, users can copy multiple traders and sync their opening and closing actions to maximize profitability. Real-time monitoring of profit data from each copied trade allows for adjustments in the copied amount at any given moment. Users also have the flexibility to cease copying or secure profits by closing positions whenever they deem fit.

For Traders:

Traders have the opportunity to leverage the WEEX Traffic Pool, acquiring traffic as well as earning commissions from replicated trades. 

• Lucrative Profit Sharing: Traders receive a 10% portion of profits from replicated trades.
• Greater Visibility: Connect with over 10,000 focused futures traders, with platform support to amplify your trading influence and increase your income.

Select this option to join the ranks of an Elite Trader.

Step-By-Step-Guide

STEP 1: Select a Copy Trader

When choosing a top trader to replicate on the Copy Trading Pro platform, take into account various important performance metrics:

1. Active Days: Duration counted from the registration date.
2. 3-Week Copier Earnings: Total profits earned by copiers in the last three weeks.
3. 3-Week PnL: Profit from the past three weeks ÷ the largest single opening position principal in that period.
4. 3-Week Win Rate: Profitable orders in the last three weeks ÷ total orders in the same timeframe.
5. 3-Week Profit (USDT): Total realized profits over the past three weeks.
6. All-Time Copy Trading Profits: Total historical profits generated for copiers.
7. Total PnL: Cumulative profits to date ÷ the largest single all-time opening position principal.
8. Total Trades: Number of closed orders to date.
9. Total Copiers: Number of unique copier accounts following this elite trader to date, counted once per account.
10. Current Copiers: Number of users actively copying this elite trader at present.

STEP 2: Configure Copy Trading and Margin Settings

Select a copy trading mode:

• Uniform Mode: Consistent margin settings across all trading pairs.
• Separated Mode: Unique settings tailored for each trading pair.

Next, select your margin setting:

• Position Mode: Replicates your chosen leverage.
• Trader Mode: Adopts the leverage set by the trader.
• Custom Mode: Personalized leverage for individual trades.

Step 3: Set Copy Trade Amount and Customize Advanced Options

Specify the quantity for every trade (either fixed in USDT or based on portfolio ratio). Adjust risk control parameters like stop-loss, take-profit, and slippage ratios, and establish a maximum trading size.

Step 4: Validate and Initiate Copy Trading

Examine all configurations, select "Next" for validation, and verify that there are adequate funds in your futures account for executing the trades.

Futures

Know WEEX Futures Pro

A perpetual futures contract is a type of financial derivative that blends aspects of spot margin trading and futures trading. In contrast to regular futures contracts that have specific delivery dates, perpetual futures are standardized, incorporate margin trading, and settle instantly.

Perpetual futures contracts lack a set expiry date or delivery requirement, permitting traders to maintain their positions without time constraints. To keep the contract price aligned with the spot price, a funding system is implemented. This system involves the exchange of funding rates between long and short positions periodically, which serves to mitigate notable price discrepancies.

The WEEX Futures Pro platform is at the forefront of the cryptocurrency derivatives industry. It caters to seasoned traders seeking a comprehensive and sophisticated trading environment. Users can rely on this platform to manage cryptocurrency derivatives with precision and effectiveness.

WEEX Futures Pro is designed to cater to the requirements of cryptocurrency derivatives traders. It provides opportunities to engage in a wide range of financial products, going beyond the scope of just digital currencies. Users are able to participate in futures contracts trading and make predictions on the value of digital assets without possessing them.

Why WEEX Futures Pro?

The WEEX Futures Pro platform is equipped with a variety of functionalities specifically tailored for experienced traders. It includes sophisticated charting capabilities, live market information, and robust risk control functionalities. Furthermore, users have the option to access a trial edition to become acquainted with futures trading.

Notable characteristics consist of market, limit, and trigger orders, simulated trading, as well as a Futures Pro Calculator for determining PnL, settlement price, and break-even price. Additionally, it enables a maximum leverage of 400x.

Flexible Trading Solutions: Traders can utilize WEEX Futures Pro to conduct trades in different markets without the requirement to uphold margin for numerous positions, thereby enhancing effectiveness.

Broadened Investment Opportunities: Traders can enhance their investment portfolios by spreading their funds across various futures contracts, providing increased flexibility and more effective portfolio supervision.

Strong and Dependable: With smart risk control and a two-tier manual approach, WEEX Futures Pro guarantees safety, empowering traders to establish exact profit-taking and stop-loss levels for trading with security and assurance.

Here is a short overview, access this comprehensive guide for crypto traders on how to trade futures on WEEX.

Step-by-step Guide

After setting up your account and depositing funds, you can start trading futures on WEEX swiftly and effortlessly in three simple steps! Follow these instructions using the BTC Perpetual/USDT illustration:

Step 1: Move Funds to Your Futures Account

Select the Deposit option to transfer cryptocurrency from a different wallet, and proceed to move assets from either your spot or futures account to your Futures Pro account.

Step 2: Profit from a Rising Market by Going Long

If you anticipate an increase in price and wish to initiate a long position, specify the price, quantity, and leverage. Subsequently, select "Open Long (Bullish)" to proceed.

To exit your position, simply select "Close," input the necessary information, and then choose "Close Long."

Step 3: Capitalize on a Falling Market by Going Short

If you anticipate a price decrease and wish to initiate a short position, specify the price, quantity, and leverage. Subsequently, select "Open Short (Bearish)" by clicking on it.

To exit your position, select "Close," input the required information, and then choose "Close Short."

WEEX Leverage

What is Margin?

When initiating a trade, the funds utilized as margin are secured and unavailable for additional trading activities.

Margin serves as a deposit in leveraged trading, enabling the amplification of the order size through the utilization of leverage.

Position Value = Margin x Leverage

This implies that the greater the leverage, the lesser the margin needed.

For instance, when trading Bitcoin using leverage at a market price of approximately 7,000 USDT, you would need to provide a margin of about 200 USDT (excluding fees) on our platform. This allows you to speculate on price fluctuations in both directions and potentially gain profits from them. Any losses incurred will be subtracted from the margin, and once the liquidation price is reached, your position will be automatically liquidated.

Consider the margin as a security deposit for your trade. When you close your position, we will refund the margin to you, adjusting for your profit or loss and any applicable fees. Lower margin usage results in higher leverage, amplifying the risk associated with market fluctuations. Conversely, higher margin utilization decreases leverage, widening the potential profit or loss margin and reducing overall risk. If you are worried about risk, you can choose the isolated position mode.

Margin can be calculated by dividing the product of Contract Quantity, Futures Face Value, and Open Price by Leverage. For instance, if you are trading 100 Dogecoins at an open price of 0.1779 with a leverage of 20x, the margin calculation is: Margin = (100 x 1 x 0.1779) ÷ 20 = 0.8895. For more precise results, utilize the [Calculator] located in the upper right corner of the futures page.

For additional margin details, please refer to the Margin section on the WEEX Futures website.

WEEX Margin Modes:

Cross margin mode

Cross margin functionality on WEEX enables leveraging all funds in a single futures account as margin for active positions. In case a position results in a loss surpassing the available account balance, it will be automatically closed. This feature enhances risk management capabilities, simplifying position management and evaluation. Moreover, the cross margin mode accommodates hedge trading, offering increased versatility in trading approaches.

Isolated margin mode

On WEEX, the isolated margin system assesses risks for short and long trades separately. If liquidation happens, only the margin assigned to that specific trade will be lost. Profits or losses from a closed position are settled into the margin for that trade. In the event of liquidation due to price fluctuations, the user will lose only the margin related to that position, with no impact on other funds in the futures account.

WEEX WE-Launch

What is We-Launch

Users have the opportunity to stake their WXT in pools and receive complimentary tokens from new WEEX WE-Launch premium projects. This platform provides a secure and uncomplicated method to participate in initial cryptocurrency offerings.

In past We-Launch initiatives, numerous well-received tokens like DOGS and TRUMP have taken part.

How to Join in WE-Launch?

In order to join the WEEX We-Launch event, you must register or sign in to your WEEX account and possess WXT tokens to qualify. For further information, refer to a detailed guide on the process.

Step 1: Register or Log In to WEEX

New users can refer to the guide on setting up a WEEX account. Existing users with a WEEX account can proceed to log in.

If you are utilizing a mobile device, kindly install the application in order to register or access your account on WEEX.

Step 2: Hold WXT to be qualified

To qualify, you need to maintain a minimum of 1000 WXT in your spot account for a period of two consecutive days. Below are the steps to purchase WXT on WEEX.

For Web

Engage in trading of WXT USDT on this platform or proceed to the We-Launch category located in the navigation menu and select it.

Press the Purchase button for WXT located on the webpage.

Please input the quantity of WXT you wish to purchase.

For Phone

If you are on a mobile device, select the "WEEX WE-Launch" feature from the WEEX main page and proceed by clicking on the "Purchase WXT" tab.

Input the quantity you wish to purchase, choose your preferred payment option, and assess the current exchange rate prior to finalizing the transaction.

To learn additional information on purchasing WXT, refer to this guide and proceed.

Please note:

• If your WXT balance drops below 1000 WXT for two consecutive days, your account will be suspended.
• Coins that are locked will not count toward the available amount for commitment.

Step 3:  Select a Project and Commit WXT

Navigate through the WEEX We-Launch webpage, review the current initiatives, select a project collection, and press the Commit WXT option. 

Note:

• If you qualify for a WE-Launch event, ensure you commit WXT during the designated period.
• The committed amount is solely for calculating rewards, and your WXT tokens will remain unfrozen.

Step 4: Monitor and Claim Your Rewards

The airdrop incentive for individual participants is determined following the conclusion of the commitment phase. Nevertheless, you have the ability to verify your precise rewards, anticipated rewards, and legitimate WXT commitment on the dashboard of the project to which you have committed.

WEEX will determine the airdrop quantity by considering the proportion of a user's legitimate WXT commitment (quantity committed × commitment multiplier) in the overall prize pool, and then allocate the airdrops to the user's spot account.

You have the ability to review your reward history at this location:

WEEX Affiliate & Referral Programs

WEEX Affiliate Program

What is the Affiliate Program

The WEEX Affiliate Program targets influencers, content producers, and people with a significant fan base, providing them with an opportunity to generate income through the promotion of WEEX and the recruitment of fresh users to the platform.

How to participate WEEX Affiliate Program

Getting started with the WEEX Affiliate Program is easy and uncomplicated. To learn more, refer to this quick guide that explains the process in detail.

To begin, simply follow these simple instructions:

Step 1: Register or Log In

Explore the WEEX Affiliate Platform or get the app. Simply tap on the "Log In" option located at the top. If you are new, select "Sign Up" and refer to the detailed instructions. Remember to finalize the KYC (Know Your Customer) identity verification process.

Step 2: Complete Your Application

Simply press the "Apply Now" button and complete the application form by including information regarding your platform/channel, followers, members, and personal details. Furnish precise and thorough information to enhance the likelihood of your application being approved.

Step 3: Await Approval

Upon receipt of your application, WEEX will proceed with a review of your submission. This process generally requires 1-2 working days. Upon approval, an email confirmation will be sent to you, and you can expect to be contacted by the WEEX Affiliate team.

Step 4: Explore Your Affiliate Dashboard

After receiving authorization, access your WEEX affiliate dashboard. This platform enables you to oversee your referrals, monitor trading statistics, and review your overall earnings.

Step 5: Share Your Unique Affiliate Links

Create personalized referral links and codes, or obtain the QR code from the dashboard to distribute on your website, blog, social platforms, or advertising efforts.

Step 6: Monitor Your Earnings and Results

Utilize the WEEX dashboard for real-time tracking of your commissions and performance. Evaluate your outcomes and adapt your tactics to optimize your profits.

WEEX Referral Program

What is WEEX Referral Program

The WEEX cryptocurrency exchange provides an affiliate program known as the WEEX referral program. Participants are given a referral code or invite link to share with their acquaintances, or they can opt to share a QR code for scanning. Upon registration by those they refer, the referrer will receive a commission equal to 50% of the fees generated. 

For example, if a referral conducts a $120 crypto trade resulting in a $12 fee, the referrer will receive $6. Likewise, if the referral engages in a $2,000 trade incurring a $200 fee, the referrer will earn $100.

How to Participate In WEEX Referral Program

Participating in the WEEX referral program is easy. Just distribute your referral link or code, and when your referral signs up, you will receive a commission. For additional information, refer to this step-by-step guide of the process.

Prepared to begin making money? Simply adhere to these uncomplicated instructions:

Step 1: Register or Log In

• For New Users: Go to the WEEX signup page or download the app and select [Sign Up]. Enter your email or phone number, making sure it’s correct, and create a strong password. Finish the registration steps and input the referral code in the provided field.

• For Existing Users: Sign into your account, hover over your profile, and select "Invite Friends," or go to the official WEEX Referral Program page.

Step 2: Fulfilling KYC Verification (Identity Verification)

In order to uphold the most stringent security protocols, WEEX mandates that users undergo KYC (Know Your Customer) verification corresponding to their level of access.

To complete the verification process, simply select the yellow profile icon located at the upper left corner of the homepage, and proceed to upload the required documents under the section labeled "Identity Verification."

Make sure to input precise data, as providing inaccurate information could lead to the suspension of your account. Refer to our KYC manual for guidance, and after verification, head to the WEEX referral scheme section.

Step 3: Distribute Your Referral Code/Link

You have the option to either copy your unique referral code using the designated button, spread your referral link, or circulate a QR code that serves as your referral identifier through email, social platforms, or instant messaging. The more you distribute, the higher the potential rewards you may receive.

To ensure you receive your commission, it is essential that your referral code is applied by your referee when they register. Failure to do so will result in you not obtaining any bonus.

Step 4: Monitor Referrals & Earnings

To keep track of the rewards and bonuses you've accumulated, you can simply access the WEEX referral program page and navigate to the section labeled "My Performance." Within this area, you will be able to oversee the commissions you have generated and view the total count of users you have referred. This feature enables you to stay informed about your advancements and potential income.

WXT

What Is WXT (WEEX Token)?

WEEX token is a key element of the WEEX ecosystem, aiming to enrich the platform and deliver a range of advantages to users. Following its launch, WXT has experienced a remarkable surge of 384%, hitting a record peak of \$0.03391. Boasting a total token supply of 6 billion, WXT provides perks such as giveaways, reduced fees, and an impressive annual yield of 140%. Additionally, it implements a deflationary approach to enhance its long-term value.

WXT acts as an incentive system for the WEEX community, providing special perks such as access to the launchpad, reduced trading fees, and early access to WEEX events. Through the possession and utilization of WXT, individuals can benefit from potential long-range profits and an enhanced trading environment as the WEEX platform expands further.

Learn how to buy WXT now!

Why Pick WXT?

The WXT token provides a wide array of advantages that enrich your WEEX platform experience. By participating in WXT events on WE-Launch, users can obtain complimentary token airdrops from well-known projects and benefit from a 140% APY by holding WXT. WXT holders receive priority access to WE-Launch events, increased reward multipliers, and the chance to purchase new project tokens at attractive prices.

Moreover, WXT demonstrates increasing on-chain functionality, encompassing its involvement in decentralized finance (DeFi) and NFT markets, along with applications that span across different ecosystems in DEXs and wallets. Moreover, holders of WXT possess the ability to participate in voting processes concerning platform-related decisions, such as the addition of new coins and enhancements to existing features. They are also empowered to put forward governance proposals aimed at shaping the platform's future progression.

Owning WXT also comes with additional advantages, such as reduced trading fees, increased referral rewards, special event incentives, and frequent token distributions. Holding WXT can elevate your VIP status, providing access to varying discount levels, while elite traders who possess WXT receive a greater percentage of profits.

Burn WXT 

The deflationary approach of the WXT burn mechanism involves periodically taking out a portion of WXT tokens from circulation, which decreases the overall supply and has the potential to boost the token's value in the long term. This strategy is executed through the purchase and permanent removal of WXT tokens by WEEX from the open market, driven by platform revenues or specific milestones. The advantages include heightened scarcity, sustained rewards for holders, market steadiness, and increased trust within the community. By diminishing the token supply, the burn mechanism establishes scarcity, which in turn elevates the token's value as demand grows. Furthermore, it contributes to the growth of the WEEX ecosystem by attracting investors, improving liquidity, and reinforcing user trust. Through transparent burn processes, WEEX showcases its dedication to creating sustainable value, positioning WXT as a promising asset in the realm of cryptocurrency.

The WXT burns scheduled for the first quarter of 2025 were successfully carried out by WEEX. By utilizing a transparent burn mechanism on January 31, 2025, the platform permanently eliminated 4,000,000,000 WXT (4 billion tokens) from circulation. This deflationary measure is in line with the project's dedication to improving token functionality and maintaining value stability. It represents a significant advancement in the project's updated whitepaper strategy aimed at managing supply-demand dynamics effectively and nurturing sustainable ecosystem development.

 Fees On WEEX

Deposits and Withdrawals

Deposits made to WEEX are free.

Weex does not impose any fees on users for cryptocurrency withdrawals; however, users are responsible for covering the network or miners fee, which can fluctuate based on the specific cryptocurrency and network circumstances.

The withdrawal charges for WEEX are available on this page: Rate Standards

When utilizing our WEEX application, simply select the profile icon located at the top left corner and then navigate to [Fee Rates] to access the withdrawal fee rates applicable to all cryptocurrencies.

Click here for access to the full WEEX WXT guide.

Trading Fees

Under usual conditions, both makers and takers are charged a 0.1% fee for spot trading on WEEX. For futures trading, makers pay a fee of 0.02% while takers pay 0.08%.

By holding WXT, you have the opportunity to receive a discount of up to 70% for futures trading fees based on your WEEX vip level. The discount amount increases with the level of your membership. Register or sign in to WEEX today!

To access the regulations and fee structure, simply select the assets icon located in the corner, navigate to [Futures], and choose [Enjoy up to 70% off transaction fees].

Furthermore, occasional trading fee discounts are also provided by WEEX, hence it is advisable to refer to the latest event announcements!

The trading fees for WEEX spot trading and futures trading are available on this page: Rate Standards.

WEEX VIP

The WEEX VIP program is specifically created to provide top-notch assistance and benefits to valued customers. Being a VIP grants you immediate contact with an assigned account manager accessible 24/7 through a dedicated VIP communication channel for resolving any account concerns. This guarantees a tailored, effective service without the usual waiting times or obstacles.

Being a WEEX VIP offers more than just superior customer service. VIPs receive priority treatment for withdrawals, ensuring quick and straightforward transactions without the need for complex verification processes for large sums. Moreover, VIPs are spared from extended lock-up periods and collateral requirements, enhancing transaction efficiency and flexibility. To become eligible, just provide your UID to the customer service team. If you meet the requirements, you will be assigned a dedicated account manager and granted full VIP benefits.

Complete the VIP application form today in order to join the ranks of WEEX VIP members!

WEEX Global Ambassador

Success in football relies on executing accurate maneuvers at the appropriate time, blending speed, precision, and a solid strategy. Similar to the dynamics on the field, triumph in the cryptocurrency market necessitates timely choices, meticulous planning, and a dependable ally to navigate the market fluctuations. This is why the collaboration between Michael Owen and WEEX has been forged---each move pushes WEEX × weex ambassador Owen closer to triumph. By leveraging Owen's strategic acumen and precision alongside WEEX's cutting-edge platform and unwavering commitment to security, this partnership strives to introduce a winning strategy to the realm of cryptocurrency exchange. Just as a cohesive football team operates in harmony, WEEX Owen embodies the strength of teamwork and the determination to excel.

WEEX Vision for 2025

• Enhanced Trading Tools: Continuously developing advanced features to elevate the user experience.
• Worldwide Expansion: Growing its presence to unite traders and communities globally.
• Uncompromising Security: Upholding robust security standards while embracing cutting-edge innovations.

Grateful for the community’s trust and support, WEEX welcomes you to join its mission to redefine cryptocurrency trading. Explore more possibilities by visiting the official WEEX website today.

Conclusion

WEEX stands out as a top cryptocurrency exchange that combines security, innovation, and user-centered design seamlessly. By establishing a 1,000 BTC user protection fund and ensuring transparency through Proof of Reserves, WEEX places a strong emphasis on trust and the safety of assets. Offering a wide range of services including spot trading, 400x leveraged futures, copy trading, and WE-Launch token pools, WEEX caters to traders of all levels, supported by a selection of over 1,500 trading pairs and competitive low fees. The platform's WXT token ecosystem, which is designed to be deflationary, its presence in 134 countries worldwide, and strategic partnerships such as Michael Owen's ambassadorship, all contribute to reinforcing its competitive advantage.

For individuals in the trading world looking for a safe, feature-packed, and community-driven platform, WEEX serves as the entrance to the upcoming trends in cryptocurrency. Gain access to exclusive incentives, reduced fees, and early entry to promising projects by registering today and becoming one of the 5 million users influencing the future of digital finance. Embark on your WEEX journey and explore cutting-edge innovation in trading.

WEEX aims to shape the future of the digital assets industry through the provision of a secure, private, and user-friendly platform. The objective of the WEEX ecosystem is to establish a self-sustaining financial system powered by blockchain technology, offering a range of applications to democratize access to blockchain technology. By connecting cryptocurrency with traditional finance, WEEX is striving to lower entry barriers and introduce cutting-edge products, envisioning a future where digital assets assume a central role in everyday activities.

FAQ (Frequently Asked Questions)

How many cryptocurrencies are available on WEEX?

Supporting more than 1000 cryptocurrencies, WEEX offers a wide variety of digital assets for traders to diversify their portfolios effectively. This selection includes established cryptocurrencies, enabling users to capitalize on market opportunities, trade securely, and conveniently access their preferred assets.

Is WEEX a secure platform?

Affirmative, WEEX is secure. Safety is a key priority for WEEX, demonstrated through various measures including a 1,000 BTC margin pool and dual-layer risk control systems that blend smart technology with manual supervision. In addition, WEEX upholds a safe and confidential setting by utilizing servers located worldwide and employing advanced wallet management verification. Furthermore, WEEX delivers a top-notch futures trading platform offering benefits such as zero charges on tiered liquidations, immediate deposits and withdrawals, and specialized customer service.

How can I add funds to my WEEX account?

Adding funds to WEEX is simple and supports various methods. Refer to the Step-by-Step Guide to finalize your deposit and kickstart your trading or investment experience.

Where can I locate additional FAQs for WEEX?

Explore WEEX wiki to locate the inquiry you seek or navigate through our WEEX support for the solution you require.