Centralized exchanges are gradually moving beyond cryptocurrency trading. In addition to spot and futures transactions, they are introducing instruments tied to the prices of stocks, commodities, and other traditional assets. One example is WEEX, which has been operating since 2018 and today brings together several markets, copy trading, and yield products.
The Incrypted editorial team examined WEEX’s main functions, as well as fees, fund protection mechanisms, and requirements for new users.
What is WEEX?
WEEX is a centralized cryptocurrency exchange offering spot trading, perpetual futures, and copy trading. The platform also offers yield products and instruments linked to traditional financial markets.
Like other centralized exchanges, WEEX holds client assets in its own wallets and processes trading orders, while private keys remain under the platform’s control. A web terminal and mobile app are available for interaction; however
According to WEEX and CoinGecko, as of October 2026, the exchange had the following metrics:
In addition to cryptocurrencies, WEEX offers instruments whose quotes are tied to traditional markets, including stocks and commodities. Such products allow users to track price changes in the underlying assets but do not provide direct ownership of them.
Main functions of WEEX
WEEX’s main areas are spot and futures trading, copy trading, fiat purchases of cryptocurrency, and yield products. Let’s look at the specifics of each.
In the spot market, users can buy and sell cryptocurrencies without leverage. The WEEX trading terminal includes a price chart, order book, and tools for placing market and limit orders. The base fee is 0.1% for makers and takers. It can be reduced through the VIP program.
In the futures market, WEEX allows users to open long and short positions. The exchange claims leverage of up to 400x, but the actual limit depends on the contract and trade size.
Another distinctive feature of futures trading on WEEX is that the liquidation price here is determined without additionally accounting for trading fees and accrued funding-rate payments, which on some other crypto exchanges can affect the moment a position is closed.
In the TradFi segment, WEEX offers more than 330 trading pairs, including derivatives on stocks, precious metals, oil, stock indices, and currencies. At the same time, no separate brokerage account is required, and collateral and settlements are denominated in USDT. For some gold and silver contracts, the exchange claims leverage of up to 400x; for stocks, up to 100x.
WEEX also offers synthetic instruments tied to the value of stocks and exchange-traded funds. They allow users to gain price exposure to underlying assets without purchasing the securities themselves. Settlements are mostly conducted in USD, and some products support trades in fractional units.
The P2P service allows participants to buy and sell cryptocurrency with each other by choosing suitable offers. Separate P2P markets with settlements in hryvnia are available for clients from Ukraine. The rate, payment methods, and limits depend on the specific ad, so they must be checked before creating an order. WEEX itself does not charge a fee for such operations.
The Quick Buy service helps users buy cryptocurrency with fiat using third-party payment providers. Payment methods include Visa, Mastercard, Apple Pay, Google Pay, and bank transfers. The specific options depend on the country and provider.
The Earn section brings together offers for earning rewards by placing crypto assets on the exchange. Auto Earn provides daily accruals on corresponding USDT balances without locking funds. The yield depends on the amount and the terms of the selected product.
In the Staking section, yield products are available for BTC, ETH, SOL, and WXT — the WEEX ecosystem token. Users can choose a flexible or fixed-term format. The first allows withdrawals without a fixed lock-up, while the second involves placing funds for a certain period. The minimum amount and yield depend on the terms of the specific offer.
In Demo Trading, users can open futures positions using virtual funds. The mode allows users to study the trading terminal, order placement, and position management without the risk of losing their own funds. However, it is important to keep in mind that demo trading results do not always reflect real market conditions, including available liquidity and possible slippage.
The AI Trading Kit allows users to connect AI agents to the exchange to obtain market data, analyze the portfolio, and transmit trading commands in natural language. Supported integrations include Claude Code, OpenClaw, and Codex.
Additionally, WEEX provides an API for connecting third-party services and automating trading. Through it, users can obtain quotes and order book data, as well as manage trades. The WEEX API supports spot and futures trading, REST and WebSocket, as well as tools for copy trading and affiliate programs. This is useful for algorithmic traders, trading bots, and teams that need to automate operations.
WEEX is also available through the Telegram Mini App. The mini-app supports viewing quotes, spot and futures trading, balance top-ups, transfers, and asset withdrawals. Some advanced settings will require the website or the exchange’s main mobile app.
The “Rewards Center” section brings together promotions and tasks for completing which users can receive trading bonuses and other rewards. They may be related to registration, account top-up, or trading volume. In addition to the main platform, the WEEX ecosystem includes the third-party WEEX Bubbles app, which allows users to visually track spot quotes for BTC, ETH, and other altcoins. The app’s interactive elements lead directly to the WEEX website, providing a quick transition to the trading platform.
WEEX fees
WEEX uses a maker/taker fee model. A maker adds liquidity to the order book, while a taker fills an order using orders already placed.
According to WEEX’s fee reference, the following rates apply for VIP level 0:
When trading futures, the fee is charged both when opening and when closing a position. It is calculated based on the notional volume of the trade, not only on the margin posted.
Trading fees can be reduced through the WEEX VIP program. A user’s level depends on trading turnover, WXT balance, or asset value — according to the established criteria.
In addition to trading fees, other possible costs should be taken into account:
For certain markets, WEEX periodically runs zero-fee promotions. Timing and availability depend on the terms of the offer, so current campaigns should be checked before trading.
WXT and WE-Launch
WXT is the WEEX ecosystem token, issued on the Ethereum network. Its holders can receive bonuses in the VIP program and participate in the WE-Launch campaign if they meet the established requirements.
WE-Launch is a service for distributing rewards among WXT holders. Under the terms of a specific campaign, participants can receive tokens of new projects or other assets. For example, completed campaigns with prize pools of 8,500 WLD and 10,000 USDT are worth noting.
According to the WE-Launch instructions, to participate in a campaign you must:
Having WXT in your account does not mean automatic participation — you need to join the selected campaign. There is no need to lock tokens or place them in staking, but selling or transferring the asset during the campaign reduces the average balance and may affect the reward amount.
After the campaign ends, WEEX calculates payouts taking into account the prize pool, average WXT balance, and other participants’ metrics.
How does WEEX protect funds and accounts?
WEEX states that it has a protection fund of 1,000 BTC. Its funds are intended to compensate certain categories of user losses in accordance with the exchange’s rules. The fund does not cover trading losses or losses resulting from operations independently confirmed by the user, including by mistake or under the influence of scammers.
WEEX publishes the wallet address on the fund page, so its balance can be checked through a blockchain explorer. According to the exchange, as of October 21, 2026, this address held slightly more than 1,001 BTC.
The exchange’s website also has a Proof of Reserves (PoR) section that allows users to assess the ratio of declared reserves to liabilities to users for individual assets. According to WEEX, as of October 1, 2026, the reserve ratio was 146.39% for BTC, 124.46% for ETH, and 100.02% for USDT. That is, the declared coverage was higher than the recorded user balances.
To protect an account, WEEX offers several additional settings:
Before logging in, it is also important to check the exchange’s website address and not share confirmation codes with third parties.
How to start using WEEX?
Registration, security setup, account funding, and trading are available through the WEEX web interface. Below we will look at the main steps.
Open the official WEEX website and go to registration. Enter your email address or phone number, create a password, and confirm account creation with the code you receive.
Go to your profile and open the Security section. Enable two-factor authentication and set an anti-phishing code. If necessary, configure additional methods for confirming login and transactions. Make sure you have access to the linked email and account recovery data.
The WEEX website states that KYC requirements depend on the product used and the terms of working with the account. Verification is not required to access many basic functions, but without it the daily withdrawal limit is 50,000 USDT. There are also restrictions on receiving bonuses for deposits and trading volume in the perpetual futures market, spot market, and TradeFi.
To complete KYC, click Verify Now, specify the issuing country of the document, and select its type. Then upload the document and complete identity verification.
To top up your account, click Deposit, select the asset and network. Copy the deposit address and enter it in the wallet or exchange from which you are sending funds. Make sure the selected networks match. If needed, enter the Memo or Tag. Before a large deposit, it is recommended to make a small test transaction.
You can also buy cryptocurrency for further trading through the P2P service. In the Buy Crypto section, open P2P Trading and set filters by currency, amount, and payment method.
After selecting an ad, create an order and follow the conditions specified in it. Communicate with the counterparty only through the platform.
Open the Spot section, go to Spot Trading, and select a pair, for example BTC/USDT. Specify the transaction amount and order type.
If you plan to trade derivatives, open the Futures section, select a contract, and, if necessary, transfer funds to the futures account. Before opening a position, check the leverage, margin mode, liquidation price, and potential loss amount.
In the wallet, open the Withdraw section and select the asset and network. Then specify the recipient’s address and the transfer amount. Before confirming, check the fee, minimum withdrawal amount, and final amount to be received. Confirm the operation using the available authentication methods.
After these steps, you can proceed to independent trading on WEEX. If you have questions, a help center is available.
Advantages and limitations of WEEX
WEEX combines several trading areas in one account. Among the features that may be useful to users:
When choosing a platform, you should also consider the following limitations:
In addition, access to different markets through one account does not mean identical trading conditions. Before depositing funds, you should check the fees, limits, and requirements for the selected products.
Conclusions
The example of WEEX shows how the role of centralized crypto exchanges is expanding. In addition to operations with digital assets, they increasingly offer instruments tied to traditional financial markets. This approach gradually brings the two segments of the industry closer together and allows users to solve more tasks within a single account.
At the same time, expectations from trading platforms are also changing — interface convenience, automation of operations, and adaptation of services to the needs of local markets are becoming increasingly important. WEEX reflects this trend by developing a set of products for different categories of users and turning into a universal entry point into the world of financial instruments.