WXT token is a core part of the WEEX ecosystem. It uses the ERC-20 standard protocol and works as an incentive to WEEX community participants.

WEEX trading platform has provided a secure environment for crypto products since its launch in 2018.  It has more than 2 million users. The ecosystem works towards building a blockchain-driven infrastructure that is self-sustaining. It aims to make blockchain technology accessible to all.

As the native platform token of WEEX, WXT rewards users and partners when they provide feedback, trade, or social engagement.

 

Buy $WXT on WEEX!

 

WXT Benefits

WXT offers exclusive benefits to users and gives considerable returns. Users can benefit from the rapid growth of WEEX and gain huge rewards in the long term.

 

The main benefits of WXT are:

1. Trading fee discounts

Users can get a 30% discount on spot trading fees when they pay with WXT. This is higher than those offered by competitors like Bitget or BNB. Further, users who hold a specific amount of the token will be given access to tiered fee discounts on futures trading.

2. Priority access

Get exclusive opportunities to be a part of new projects. Holders get to stake and mine altcoins for free by participating in WEEX Launchpool. With the soon to arrive Launchpad feature, users of WXT will get the opportunity for new token offerings. The annual yield from participation in the Launchpool and Launchpad can be up to 64%.

3. Rewards Upgrade

A 15% increase in referral rewards is given to users who hold 100,000 WXT for over 15 days.  A 20% discount in WXT is given to the top 50 users in the quarterly total trading volume rankings of WEEX.

4. Get concierge benefits

Users holding over 1,000,000 WXT can get special services for high-volume transactions they perform.

 

Why hold WXT on the EXCHANGE

A total of 10 billion WXT is present with 3.9 billion in circulation. Of the available amount the WXT is used in the following ways:

• 25% (2.5 billion) is used to compensate for losses by users. These losses are not due to users’ fault so the exchange ensures hassle-free and smooth trading.
• 15% (1.5 billion) is locked for a year after which it will be released monthly to reward exchange partners at a rate of 3%.
• 20% (1.5 billion) is released annually for ten years at a 2% rate rewarding investors for holding, mining, staking, and other contributions to the WEEX ecosystem.
• The remaining 40% is used for promotional purposes. 1.5 billion is allocated to support and incentivize the team (15%) and 1.5 billion for brand building (15%). 1 billion WXT is set aside for acquiring and retaining users (10%).

 

Holding WXT on WEEX can benefit users in multiple ways:

1. Users need not pay trading fees for tokens that are newly listed. The platform has over 100 cryptocurrencies including BTC, ETH, and DOGE.
2. WEEX offers multiple trading options such as copy trading, spot, and futures.
3. High market depth and professional futures products improve profits. Trading fees are very low at 0.02% for makers and 0.06% for takers in Futures trading.  200x leverage is present as the maximum limit allowing beginners to start with as low as 1x leverage.
4. The one-click copy trading feature ensures easy returns without threshold.
5. The platform is user-friendly. The simple interface and advanced technology of the exchange make buying the WXT convenient and fast. Users can register via email without the need to provide KYC.
6. It is a licensed platform with an MSB license from Australia, Canada, and the United States.
7. An anonymous, safe, and secure trading environment is present. The platform uses a multiple-tier and multiple-cluster architecture and insurance fund to safeguard user accounts.
8. WEEX exchange has a high liquidity enabling liquid sell and buy orders for all its listed cryptocurrencies. The tight spreads provide good trading opportunities.
9. Users can get a higher commission rate as a referral bonus. The affiliate program fosters global investment offering commission rebates of nearly 70%.
10. Token holders can get rewards and exclusive airdrops from new projects.
11. As a deflationary mechanism, the exchange will enable a WXT buyback as well as a destruction process.

 

Buy $WXT on WEEX!

 

How to buy WXT

WEEX Exchange has user-friendly processes to ensure convenient and quick purchase of the WEEX token. Low fees and high security are advantages of buying the token at the exchange. Here are the steps to follow:

1. Set up an account

Registering for a WEEX account is the best way to buy cryptocurrency. You can do this in three ways:

• Through the WEEX app
• Use the WEEX website and register using your email address.
• Use your mobile number on the WEEX website for registration.

Complete the KYC verification if needed, as some exchanges may require it. Enable the two-factor authentication measure for additional security.

2. Deposit Funds

To purchase WXT, you need to fund your account. Deposit funds in crypto.

For crypto, use your deposit address to send funds to the WEEX account.

3. Find the WXT Trading Pair

Visit the Trading Section of WEEX, and look for WXT/USDT pair or other WXT pairs based on the crypto you have deposited.

4. Buy WXT

Find the appropriate pair based on your deposited funds and place the order.

 Use the ‘Market order’ to purchase at the prevailing market price. If you want WXT at a specific price, use the ‘Limit Order’ option. Confirm and buy.

5. Store WXT

Transfer the purchased WXT, to a secure wallet like Trust Wallet or MetaMask.

Use the withdrawal option present under your profile. Enter the wallet address and you can withdraw your WXT.

 

Buy $WXT on WEEX!

 

WXT Token FAQ

What is WXT?

WEEX Token (WXT) is the native token of the WEEX exchange. As with other native tokens, WXT is primarily built to benefit users of the WEEX platform. They get exclusive access to promotional offers on the platform, trade with discounts, and enjoy various other valuable services. Holding the token can unlock long-term profits and hone their trading experience.

 

What does WXT do on EXCHANGE?

WXT serves as an incentive to motivate active members of the WEEX community, pioneers, contributors, and partners. It helps to protect investor funds, promotes project incubation, earns interest for token holders, and supports the growth of the exchange. The WEEX Exchange supports many global cryptocurrencies. Users get access to a large number of trading pairs. Newly listed tokens can be traded without trading charges.

 

Is WXT Token worth buying?

WEEX Token price ($0.01872) has increased 64.26% in the past year indicating rapid growth. With a market cap of $47.56 M, the token shows robust development and growth. It offers high return value to users. They can get long-term profits via the many value-added services of WEEX. Further, trading the token provides users with a high level of flexibility and liquidity. New and seasoned traders can use it as a potent trading tool offering considerable returns.

 

Is WXT safe?

WEEX Token is safe to use as the WEEX platform has 1000 BTC Protection Fund guaranteeing investor assets.  Users can at any time withdraw funds from the exchange. The token has high liquidity with a daily trading volume of 8.71 billion. It is regulated by the MSB of the US and Canada. It is audited by BEOSIN, a leading smart contract audit firm ensuring a secure and reliable ecosystem. The exchange uses multiple locations for its backups and servers which protects user privacy and information.