⭐ Quick Verdict

Rating: 7.8 / 10

Best For:
• High-leverage futures traders
• Beginners wanting copy trading + demo mode
• Users who prefer optional KYC
• Traders in emerging markets

Strengths:
✓ Optional KYC & instant signup
✓ High leverage up to ~400×
✓ 1,000+ cryptocurrencies supported
✓ Clean interface with good copy trading
✓ Low trading fees

Weaknesses:
✗ Fiat payments remain limited in many regions
✗ Mixed transparency & support feedback
✗ Not a top-tier regulated exchange
✗ Mobile app has frequent bug complaints

Summary:
WEEX is a flexible, globally accessible exchange optimized for beginners and mid-level traders who want high-leverage futures, copy trading, and low fees without heavy verification friction. It’s feature-rich but not as polished or regulated as leading exchanges, so traders should balance accessibility with caution.

What Is WEEX?

WEEX is a centralized cryptocurrency exchange launched around 2018, positioned as a beginner-friendly but powerful derivatives platform with:

Spot trading
High-leverage perpetual futures
Copy trading
Demo/simulation trading
VIP perks & rewards
Over 1,000 tradable assets

WEEX claims availability in 130+ countries, including the U.S. and Canada through money service business (MSB) registrations. Its focus is global accessibility rather than heavy institutional compliance.

This makes WEEX especially popular among users in:

Southeast Asia
Africa
Middle East
Latin America

Supported Regions & Regulatory Notes

Available Regions

WEEX is reportedly available in 130+ countries, including:

✓ Most of Asia
✓ Africa (South Africa, Nigeria, Kenya)
✓ Latin America
✓ Middle East
✓ Selected European markets
✓ U.S. & Canada (via MSB registrations — check local compliance)

❌ Restricted or Limited Regions

Sanctioned countries
Markets requiring Tier-1 licensing (some EU nations)
Regions with strict derivatives regulation

Regulatory Status

WEEX claims:
• U.S. MSB Registration
• Canadian MSB Registration
• El Salvador license

But these licenses do not equal full federal regulation. WEEX is not a Tier-1 regulated exchange like Coinbase, Kraken, or Swiss-licensed platforms.

Summary:
WEEX is accessible and lightly compliant — but not designed for institutional or heavily regulated jurisdictions.

KYC Requirements on WEEX

KYC Optional for:

Basic spot trading
Basic futures trading
Deposits
Most platform access

KYC Required For:

Higher withdrawal limits
Fiat deposits/withdrawals
Some regional restrictions
Certain promotions and VIP tiers

This hybrid model combines privacy-friendly trading with optional compliance where needed — making WEEX attractive to traders who dislike mandatory verification.

WEEX Trading Features

1. Spot Trading

WEEX offers:

1,000+ cryptocurrencies
Over 1,700 trading pairs
Low fees
Intuitive interface
Fast matching engine
Spot liquidity is decent on major assets, but long-tail altcoins vary in depth.

2. Futures & Derivatives

WEEX stands out for its high-leverage derivatives:

Futures Highlights

Up to 400× leverage (asset-dependent)
USDT-margined contracts
Inverse contracts
Fast execution
Built-in risk engine
Clear liquidation display
Lower fees than many competitors

High-leverage SMEs love the platform for speculative plays — but this also means traders should approach with strict risk management.

3. Copy Trading

WEEX’s copy trading is one of the better beginner products:

Features include:

Leaderboard with trader stats
Win rate, AUM, PnL analysis
Auto-copy or manual copy
Risk score indicators
Ability to set max daily PnL or loss
Revenue sharing with strategy providers

This is ideal for users who want exposure to futures trading without executing strategies manually.

4. Demo Trading / Simulation Mode

Beginners can use free demo accounts to practice:

Spot trading
Perpetual futures
Copy trading simulation
Great for onboarding and education.

5. Rewards, Bonuses & VIP

WEEX regularly offers:

Signup bonuses
Deposit rewards
VIP fee discounts
Cashback
Referral rewards
Trading competitions

These are attractive — but users must read the fine print carefully.

WEEX Fees

Spot Fees

Tier	Maker	Taker
Standard	~0.10%	~0.10%
VIP	Discounts applied based on volume	Discounts applied

Futures Fees

Contract	Maker	Taker
USDT Perpetual	~0.02%	~0.08%
VIP Tiers	Reduced	Reduced

Funding rates: Competitive across major pairs.

Deposit/Withdrawal Fees

Crypto deposits: Free
Crypto withdrawals: Network-based
Fiat methods: Region-limited, often with fees (e.g., 1% OTC in some regions)

Summary:
WEEX is cost-effective — especially for futures.

Supported Cryptocurrencies

WEEX supports:

1,000+ cryptocurrencies
1,700+ trading pairs
Major assets (BTC, ETH, SOL, XRP, DOGE, BNB)
Popular AI, gaming, meme, and trending tokens
Wide support for altcoins and speculative assets

This places WEEX in a similar category as LBank, MEXC, BitMart, and other altcoin-rich exchanges.

WEEX Security & Transparency

Security Features

2FA authentication
Email/SMS verification
Withdrawal whitelist
Anti-phishing protection
Cold wallet storage

Protection Fund

WEEX advertises a 1,000 BTC protection fund for emergencies or security incidents.

Proof-of-Reserves

Proof-of-reserves reporting exists, but transparency is less detailed than top-tier competitors.

User Complaints

Common feedback includes:

Bonus conditions not clearly explained
Withdrawal delays during promotions
Occasional liquidity gaps on small pairs

Mobile App Issues

Frequent bug reports on Android
Occasional crashes
Interface freeze reports

Summary:
WEEX security is solid but its operational UX can be inconsistent.

User Experience: Desktop & Mobile

Desktop

Pros:
✓ Clean layout
✓ Simple trading interface
✓ Easy navigation
✓ Strong copy-trading dashboard
✓ Beginner-friendly

Cons:
✗ Less sophisticated than Bybit for pro derivatives traders
✗ Fewer charting tools than Gate or MEXC

Mobile App

Pros:
✓ Full-feature mobile trading
✓ Copy trading built-in
✓ Lightweight interface

Cons:
✗ Reports of crashes + glitches
✗ Withdrawal bugs on older Android versions
✗ Less polished than Bybit/OKX

Customer Support

24/7 live chat
Email support
Telegram groups
Help center

Quality is mixed:
✓ Some users report fast responses
✗ Others report delays during issues related to bonuses or withdrawals

WEEX Pros & Cons

Pros

✓ Optional KYC
✓ Very high leverage (up to ~400×)
✓ Strong copy trading system
✓ Demo trading for beginners
✓ Low fees for spot & futures
✓ Broad global availability
✓ Many rewards/bonuses

Cons

✗ Limited fiat support globally
✗ Mobile app bugs
✗ Mixed support quality
✗ Not heavily regulated
✗ Bonus terms sometimes unclear

WEEX vs Competitors

WEEX vs MEXC

WEEX: Higher leverage; simpler UI
MEXC: More liquidity & larger altcoin catalog
WEEX: Better beginner-friendly copy trading
MEXC: More reliable derivatives performance

WEEX vs KCEX

WEEX: More features (copy, demo, rewards)
KCEX: Cleaner, faster execution
WEEX: Higher leverage
KCEX: More stable mobile app

WEEX vs Bybit

WEEX: More accessible for beginners
Bybit: More regulated, deeper liquidity, better UX
WEEX: Optional KYC
Bybit: Full compliance in many regions

⭐ Final Rating: 7.8 / 10

Best for:
✔ Beginners
✔ High-leverage futures traders
✔ Users wanting optional KYC
✔ Traders in emerging markets
✔ Copy-traders
✔ Altcoin explorers

Not ideal for:
✗ Institutional traders
✗ Users needing flawless UX
✗ Those requiring full fiat banking
✗ Heavy derivatives professionals needing execution precision

WEEX FAQ

Is WEEX safe?
Yes — WEEX implements solid security controls but is not a top-tier regulated exchange.

Does WEEX require KYC?
No — basic trading is available without KYC, though full verification unlocks more features.

What are WEEX trading fees?
Spot ≈0.10% and futures fees as low as 0.02% maker / 0.08% taker.

Is WEEX good for beginners?
Yes — WEEX is designed for fast onboarding, copy trading, and demo tools.

How many cryptocurrencies does WEEX list?
Over 1,000 assets across 1,700+ trading pairs.

What’s the maximum leverage on WEEX?
Up to ~400× depending on the contract.

Get started on Weex.