Weex
WEEX is a Singapore-based centralized cryptocurrency exchange founded in 2018, serving 10M+ users across 150+ countries with derivatives trading (perpetual futures up to 400x leverage, 700+ pairs), spot trading (1,700+ assets), copy trading, and tokenized TradFi products.
- Company typePrivate
- Founded2018
- HeadquartersDubai, United Arab Emirates
- Headcount501–1,000
- GTM typeB2C
- OfferingSoftware
What Weex does
WEEX is a centralized cryptocurrency exchange founded in 2018 and domiciled in Singapore (with operating presence in Dubai), serving more than 10 million users across 150+ countries. The platform's core product surface is derivatives trading: USDT-margined perpetual futures with leverage up to 400x across 700+ pairs, complemented by spot trading in 1,700+ digital assets, copy trading with an elite-trader profit-share model (up to 20% at Lv. 5), and a newer tokenized TradFi product line covering equities, indices, commodities, and fan tokens. The technology stack is built around a self-serve retail platform (web, iOS, Android, HarmonyOS) with REST and WebSocket APIs for algorithmic and market-making clients, advanced order types (market, limit, trigger, trailing stop), and risk controls including a circuit breaker system and a 1,000 BTC insurance fund.
Revenue is generated almost entirely from transaction fees on spot (0.10% maker/taker) and futures (volume-tiered with VIP discounts and a 50% cap via referral codes), with the native WXT ERC-20 token (10B supply, launched Aug 2023) layered on as a utility and fee-discount mechanism. Customer acquisition is multi-channel: a Star Alliance Partners KOL program, referral codes (3AND, gfek) with up to 30,000 USDT sign-up bonuses, broker and affiliate channels, and event sponsorships including the Hong Kong Web3 Festival 2026 (Primary Exhibition Sponsor), Blockchain Life Dubai 2025 ("Most KOL Friendly Exchange"), and Agentic Day Miami. The platform explicitly excludes US, Canada, and sanctioned jurisdictions, and has no disclosed external venture funding beyond a $1.5M 2018 round from CapTable, suggesting the business has been primarily self-funded by operating cash flow.
Weex firmographics
Firmographics- Name
- Weex
- Legal name
- WEEX Global
- Website
- https://weex.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- WEEX is a Singapore-based centralized cryptocurrency exchange founded in 2018, serving 10M+ users across 150+ countries with derivatives trading (perpetual futures up to 400x leverage, 700+ pairs), spot trading (1,700+ assets), copy trading, and tokenized TradFi products.
- Ownership category
- akta.pro rank
Weex industry classification
Industry- Product category
- Cryptocurrency Exchange
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (523210), Commodity Contracts Intermediation (523160)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD)
- akta.pro secondary industries
- Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA), Perpetual Futures (Perps) Venues & Protocols (FSADAGAA), Copy Trading, Social Trading & Automated Trading Platforms (FSADAAAK), Fiat On/Off-Ramps & Payment Rails (Exchange-Operated) (FSADAAAF)
Keywords
Where Weex is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
Weex business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Marketing or Sales, Technology or R&D, Operations, Infrastructure, Others
Revenue model
- Trading Fees (Spot): Standard spot trading fees of 0.10% for both makers and takers. Fee discounts up to 50% available through referral codes and VIP tier system.
- Trading Fees (Futures): Futures trading with leverage up to 400x generates transaction fees. Fees vary by VIP level and trading volume.
- Deposit and Futures Bonuses: 3-part rewards program offering 20% deposit boost and futures bonuses drives user engagement and trading volume.
- New User Rewards Program: New users can unlock up to 10,000 USDT in rewards through sign-up bonuses, deposit tasks, and trading volume milestones, driving initial engagement and deposit.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard tier for regular traders |
| Subscription | Monthly | VIP Program tiered benefits |
| Hybrid | Pay-as-you-go | Referral code promotional rates |
| Transaction based/ take rate | Daily | Elite Trader profit share tier |
| Freemium | Pay-as-you-go | TradFi Futures promotional pricing |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels7 records
Weex product offering
Product offeringCore offering
WEEX operates a centralized cryptocurrency exchange offering spot trading across 1,700+ digital assets, USDT-margined perpetual futures with leverage up to 400x on 700+ pairs, copy trading with elite-trader profit sharing, tokenized traditional finance (TradFi) products such as stocks and commodities, a Quick Buy/OTC fiat onramp, and a native WXT utility token. The platform is accessible globally via web, iOS, Android, and HarmonyOS apps, with REST/WebSocket APIs enabling algorithmic trading, and is backed by a 1,000 BTC protection fund.
Product overview
WEEX is a centralized cryptocurrency exchange founded in 2018 and headquartered in Singapore, serving over 10 million users across 150+ countries. The platform operates as a unified multi-product trading ecosystem combining spot trading (1,700+ assets), perpetual futures (leverage up to 400x, 700+ pairs), TradFi tokenized assets, copy trading with elite trader profit sharing, and a native WXT utility token. Supporting infrastructure includes REST/WebSocket APIs for algorithmic trading, a mobile app for iOS/Android, Quick Buy/OTC fiat onramps, P2P trading, staking products, and a merchandise store. The platform emphasizes derivatives trading with advanced order types and a tiered copy trading system.
Differentiator
Problem solved
Functional benefit
Brands
- WXT (WEEX Token): Native platform token of WEEX exchange, launched in August 2023, providing holder benefits including fee discounts and airdrops.
Products and services
- WEEX Spot Trading WEEX's primary cryptocurrency spot trading platform supporting 1,700+ digital assets and trading pairs with real-time market data, order book functionality, and standard 0.10% maker/taker fees, targeted at individual crypto traders.
- WEEX Perpetual Futures USDT-margined perpetual futures trading on 700+ trading pairs with leverage up to 400x, supporting market, limit, trigger, and trailing stop orders, targeted at active crypto derivatives traders.
- Copy Trading Pro Copy trading platform using segregated accounts to separate elite trader funds from copier funds, with a six-tier elite trader system (Lv. 0-5) offering profit share of 10-20% to elite traders based on account equity and WXT holdings.
- TradFi Trading Platform Tokenized traditional financial asset trading allowing users to trade stocks (including McDonald's MCDON), precious metals, commodities, and indices using USDT, with zero fees during promotional periods.
- Quick Buy (OTC) Over-the-counter fiat-to-crypto purchasing service supporting Visa, Mastercard, Apple Pay, Google Pay, ChipPay, and OSL Pay, enabling users to buy cryptocurrency directly with fiat.
- P2P Trading Peer-to-peer trading service allowing users to buy and sell cryptocurrency directly with other users with zero trading fees.
- WEEX API REST and WebSocket API endpoints enabling developers and quantitative traders to build automated trading systems, access real-time market data, and manage accounts programmatically.
- WEEX Trader Skill Natural-language trading capability connecting AI assistants (OpenClaw, Codex) to the WEEX exchange, allowing users to execute crypto trades using text commands.
- WEEX Mobile App Native mobile trading application available on iOS (App Store, TestFlight, AltStore PAL) and Android (Google Play, APK, HarmonyOS), supporting full spot, futures, copy trading, and other platform functionality.
- WXT (WEEX Token) WEEX's native platform token on Ethereum (ERC20) with a 10 billion total supply, offering holders benefits including fee discounts up to 70%, free airdrops for holders of 1,000+ WXT, VIP tier upgrades, and up to 20% profit share for elite traders.
- WEEX Earn (Staking) Staking and earning products allowing users to earn rewards by holding cryptocurrency positions, including WEEX Auto Earn which enables automated rewards for beginners.
- WEEX Referral Program Referral program offering new users up to 30,000 USDT in sign-up bonuses, trading fee discounts up to 50%, and exclusive promotional access through referral codes such as 3AND and gfek.
- WE-Launch Early token listing program enabling new cryptocurrency projects to launch on the WEEX exchange with promotional support and reward boosts for traders.
- WEEX Merchandise Store WEEX-branded merchandise store offering apparel, accessories, and co-branded collections including WEEX x LaLiga and WEEX x PUMA products.
- Star Alliance Partners Program Global partnership program recruiting content creators, community leaders, KOLs/KOCs, and ecosystem partners in Chinese-speaking markets to build a Web3 collaborative ecosystem in exchange for affiliate commissions and platform perks.
Quantifiable outcome
- 6.2-10M+ users globally
- +4 more outcomes
Companies that use Weex
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles5 records
Weex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability2 records
Feature8 records
Weex partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Agentic Day MiamiminorWEEX Labs participated as a sponsor at the inaugural Agentic Day Miami summit, an event convening 400+ founders, investors, and operators focused on real-world deployment of agentic AI. The event featured keynotes from Don Tapscott and Yat Siu with panels covering AI infrastructure, radiology, fintech, and crypto applications.
- Hong Kong Web3 Festival 2026coreWEEX Labs served as Primary Exhibition Sponsor for Hong Kong Web3 Festival 2026 (April 20-23 at Hong Kong Convention and Exhibition Centre). Now in its fourth year, the festival draws tens of thousands of Web3 professionals with speakers from Hong Kong government, BlackRock, HSBC, HashKey Group, and Solana Foundation. Theme focuses on TradFi-crypto convergence and AI-Web3 intersection.
- ChainbaseminorChainbase, a Web3 data infrastructure platform founded in 2021, became a community partner and sponsor of the WEEX AI Trading Hackathon. The partnership provides structured onchain data access to hackathon participants through Chainbase's high-performance APIs, data pipelines, and SQL-based querying tools supporting AI-driven trading engines.
- Carl Runefelt (Carl Moon)minorCarl Runefelt, also known as Carl Moon, disclosed WEEX as his main sponsor during his Ferrari Challenge debut at Circuit Paul Ricard in France. As a prominent crypto influencer, his sponsorship represents a marketing partnership for brand visibility in the racing community.
Scale indicators8 records
Expansion highlights6 records
Weex competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key highlights7 records
Customer concentration
Weex social profiles
Digital presenceWeex compliance and trust
Trust signalCompliance2 records
Weex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Weex leadership team
Management profileNumber of profiles
Profiles1 record
Weex funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Weex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Weex
What does Weex do?
WEEX operates a centralized cryptocurrency exchange offering spot trading across 1,700+ digital assets, USDT-margined perpetual futures with leverage up to 400x on 700+ pairs, copy trading with elite-trader profit sharing, tokenized traditional finance (TradFi) products such as stocks and commodities, a Quick Buy/OTC fiat onramp, and a native WXT utility token. The platform is accessible globally via web, iOS, Android, and HarmonyOS apps, with REST/WebSocket APIs enabling algorithmic trading, and is backed by a 1,000 BTC protection fund.
Is Weex a public or private company?
Weex is a private company. It is classified as venture growth investor backed and is currently operating.
When was Weex founded?
Weex was founded in 2018. It employs 501 to 1,000 people.
Where is Weex based?
Weex is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Weex make money?
Four revenue lines are on record. Trading Fees (Spot) is the primary driver. The others are trading Fees (Futures), deposit and Futures Bonuses and new User Rewards Program.
Does Weex have an API?
Yes. WEEX provides REST and WebSocket endpoints for automated trading, market data access, and account management. The API is targeted at developers and traders interested in automation, covering use cases for programmatic trading strategies, real-time market data retrieval, and account operations. Developer documentation is at www.weex.com/weex-API.
What industry is Weex in?
Weex's product category is Cryptocurrency Exchange. Its primary akta.pro industry code is FSADAAAD, Crypto Derivatives Exchanges (Futures, Options & Perpetuals), with a secondary code of FSADAAAA, Spot Crypto Exchanges (Order-Book & Matching Engine). Its NAICS code is 5231 and its SIC code is 6200.