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Weex Review : Legit Crypto Platform or Scam in 2025 ?
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Weex Review : Legit Crypto Platform or Scam in 2025 ?

In a rapidly evolving cryptocurrency market, selecting the right trading platform is crucial for investors. WEEX has emerged as a promising player with advanced features and competitive fees. But is it truly a reliable choice for traders in 2025 ?

Written by Mehdi Pardo

Translated on April 16, 2025 at 20:35 by Léa

WEEX reviews: modern and reliable.
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What is Weex ?

WEEX is a cryptocurrency trading platform founded in 2017 by Ricardo Suarez and based in Singapore. With over 5 million active users, this exchange has established itself in the competitive landscape of cryptocurrency trading platforms.

weex logo

Unlike some exchanges that require strict identity verification, WEEX distinguishes itself with its flexible approach to KYC (Know Your Customer). In other words, the platform remains accessible to traders, even in the United States, without mandatory verification.

This characteristic, combined with its high leverage and competitive fees, has contributed to its growing adoption in the global cryptocurrency market.

Features of the Weex Exchange

WEEX offers a series of features designed to meet the expectations of traders, whether they are beginners or experienced. Here’s an overview of the tools and services that make this trading platform unique.

Spot and Futures Trading

With more than 600 pairs available for spot trading and 480 futures contracts, WEEX offers a wide variety of options for its users.

The user experience remains smooth, with an interface reminiscent of Binance.

Weex trading

High Leverage

One of the strengths of WEEX is its leverage of up to 400x on futures contracts. This feature allows traders to amplify their positions with reduced initial capital, which can be very attractive for those who manage risks well.

Caution, leverage remains a double-edged tool : it can generate significant gains, but also substantial losses.

leverage weex trading

Copy Trading

Copy Trading is a particularly useful feature for beginners or those who want to save time.

It allows you to automatically copy transactions from experienced traders on the Weex website. The latter receive 10% of the profits generated by their followers, creating a win-win dynamic.

Copy trading on Weex

WE-Launch : Airdrops and New Projects

For those interested in new developments in the crypto universe, WEEX offers WE-Launch, a dedicated area for new project launches and airdrops.

To participate, it’s necessary to hold at least 1,000 WXT tokens (WEEX’s native token). Rewards are calculated based on the number of tokens held, making it an interesting opportunity for active investors on the platform.

We-Launch to earn Airdrops on Weex

Advanced Order Types

Finally, WEEX offers great flexibility in order management thanks to a varied range : market, limit, or stop-limit orders for classic needs. There are also advanced options like Good-Till-Cancelled (GTC), Post Only, or Fill-Or-Kill (FOK).

These tools allow traders to adapt their strategies according to their objectives and market conditions.

Order types for trading on Weex

Cryptocurrencies Available on Weex

WEEX offers a wide selection of cryptocurrencies with over 600 spot pairs and 480 futures contracts.

Among the main ones are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Cardano (ADA), Polkadot (DOT), Binance Coin (BNB), Solana (SOL), and Terra Luna Classic (LUNC).

Cryptocurrencies available on Weex

To see the complete list, visit the official WEEX website.

⚠️ Weex specializes in cryptocurrency trading, with options such as spot trading, futures trading, and copy trading. It does not offer products related to commodities like gold, oil, or other traditional assets.

Advantages and Disadvantages of the Weex Exchange

Like all trading platforms, Weex has strengths as well as weaknesses. Here’s what we can say :

Advantages

  • High leverage : Up to 400x for futures trading, one of the highest in the market.
  • No mandatory KYC : Possibility to trade without identity verification, with withdrawal limits of up to 2 BTC, whether in Europe or the United States.
  • Competitive fees : Particularly for futures trading with 0.02% for makers and 0.08% for takers.
  • Numerous trading pairs : Over 600 spot pairs and 480 futures contracts.
  • Protection fund : A security fund of 1,000 BTC to protect users’ assets.
  • Copy Trading : Ability to automatically replicate strategies of high-performing traders.
  • Zero fees on certain pairs : Fee-free trading on selected pairs like RENDER/USDT and RUNE/USDT.

Disadvantages

  • No fiat deposits : No support for fiat currency deposits or withdrawals via credit card or bank transfer.
  • Customer support could be improved : Some sources mention mixed user experiences regarding customer service.
  • Restrictive limits without KYC : Although KYC is not mandatory, the limits without verification can be restrictive for large-volume traders.

Our Review of Weex Fees and Commissions

WEEX offers a competitive fee structure, especially for futures trading. Here’s an overview :

Trading Fees

  • Spot trading : Fixed fees of 0.1% for makers and takers
  • Futures trading : 0.02% for makers and 0.08% for takers
  • Fee-free pairs : Certain pairs like RENDER/USDT, RUNE/USDT, PAXG/USDT, and PSG/USDT are offered with no trading fees

Deposit and Withdrawal Fees

  • Crypto deposits : Generally free (excluding network fees)
  • Crypto withdrawals : Variable depending on the cryptocurrency and network used
  • Fiat options : Not available (no deposit/withdrawal via credit card or bank transfer)

For cryptocurrency transfers, fees depend on the chosen network. Specifically, for USDT, using the Ethereum network can cost up to 7 USDT, while the Tron network requires only about 0.1 USDT.

Comparative Table of Fees with Other Exchanges

ExchangeSpot fees (maker/taker)Futures fees (maker/taker)Max leverageKYC require
WEEX0.00% / 0.10%0.02% / 0.08%400xNo
BingX0.10% / 0.10%0.02% / 0.05%200xYes
Bybit0.10% / 0.10%0,02% / 0,055%100xYes
Coinbase0.40% / 0.6%0.02% / 0.05%20xYes
Binance0.10% / 0.10%0.02% / 0.04%125xYes
MEXC0.10% / 0.10%0.00% / 0.02%200xNo
Bitget0,10% / 0,10%0.02% / 0.06%125xYes

The absence of spot fees for makers on specific pairs is a notable advantage that can attract high-volume traders.

Unlike many other trading platforms, WEEX doesn’t adjust fees based on user levels or trading volumes. This simplifies the fee structure but may disadvantage high-volume traders who could benefit from discounts elsewhere.

How to Create an Account on Weex and Start Trading ?

To start trading on Weex, whether you’re interested in simple spot purchases or futures trading, follow these steps :

Create Your Weex Account

Start by visiting www.weex.com or downloading the mobile app. Click “Sign Up”, enter your email or phone number, and create a secure password.

Create an account on Weex

💡 Don’t forget to use the referral code ku3x to unlock additional benefits on registration.

Secure Your Account

Once registered, confirm your email or phone number and activate two-factor authentication (2FA) for extra protection.

KYC is optional, but it’s recommended to increase your withdrawal limits and gain full access to all features.

Make Your First Trade

Ready to get started ? Here’s how to go from zero to your first crypto trade in just a few steps :

  • Place your order by selecting the order type and amount.
  • Deposit funds via the “Wallet” or “Deposit” section.
  • Choose between Spot or Futures trading on the dashboard.
  • Select a trading pair (e.g., BTC/USDT).
  • Analyze the market with the integrated charts and tools.

For beginners, Copy Trading is an excellent option to learn by replicating strategies of experienced traders.

User Reviews on Weex

Feedback on WEEX is mixed, with strengths and areas for improvement :

Appreciated Points

  • Competitive fees, especially for futures trading
  • Wide variety of cryptocurrencies available
  • Trading without mandatory KYC
  • High leverage (up to 400x)

Criticized Points

  • User interface less stable than competitors
  • Customer service sometimes slow or ineffective
  • No fiat currency deposit/withdrawal

From these user reviews, we note that the Weex exchange is appreciated for its comprehensive trading features, but the platform stability and customer service don’t always receive unanimous approval.

Weex Social Media

WEEX is present on several social media platforms to inform and engage its community. On Telegram, groups like @weikecs allow for direct customer support.

On Twitter (@WEEX_Official), the platform shares news and important announcements. WEEX is also active on Facebook (WEEX Exchange) for educational and promotional content.

Weex Review 2025 : A Reliable Platform ?

WEEX is an interesting option for experienced traders, thanks to its wide range of cryptocurrencies, competitive fees, and high leverage.

However, the absence of fiat deposits and withdrawals limits access for newcomers to the crypto world. Despite its limitations, the platform offers a complete range of crypto trading services, via copy trading, futures contracts, or spot trading.

In summary, WEEX is an exchange that deserves its place among crypto trading platforms if we judge by its advanced features and efforts in terms of security, such as its protection fund of 1,000 BTC. However, although it holds licenses in certain countries like the United States and Canada, its lack of global regulation requires a certain level of caution.

Mehdi Pardo

Mehdi Pardo

Passionate about trading and cryptocurrencies, Mehdi discovered Bitcoin and blockchain technology in 2017. Since then, he has made it his mission to make the world of investing and Web3 accessible to everyone.

FAQ : Everything You Need to Know About WEEX

Is WEEX available in the EU ?

Yes, WEEX is accessible to residents of France and the EU, with no major geographical restrictions. However, make sure to check compliance with local regulations.

Is KYC (Know Your Customer) required ?

No, you can trade without KYC with a withdrawal limit of 2 BTC. Verification is recommended to increase these limits and access more features.

What are the deposit methods ?

WEEX only accepts deposits in crypto. No deposits via credit card or bank transfer. Buy crypto elsewhere first before transferring it.

Is the mobile app efficient ?

The iOS/Android app offers most of the features of the website. The experience is generally good, with occasional slowdowns during updates or during periods of high activity.

How does Copy Trading work ?

Choose a successful trader, review their results, then activate automatic copy trading. The copied traders receive 10% of the profits generated by their followers.

DISCLAIMER

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.

Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.

CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.

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