WEEX Restricted & Supported Countries 2024

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December 14, 2024
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WEEX Restricted & Supported Countries 2024

Licensed to operate in the U.S. and Canada, WEEX ensures that all transactions are traceable, permanently archived, and supervised for transparency. Recognized globally, WEEX is also listed on prominent crypto data platforms.

WEEX conducts rigorous sanctions and watchlist screenings for all customers and transactions to comply with international regulations. These screenings are performed against databases maintained by governments, international organizations, and regulatory authorities.

To enhance user satisfaction, WEEX delivers 24/7 customer support, personalized VIP services, and an exclusive welfare center for loyal users. Whether you’re a retail trader or an institutional client, WEEX caters to your needs with professionalism and transparency.

🌍 Free WEEX Country Checker

Disclaimer

Due to regulations, WEEX does not support every country. To ensure that you are eligible to register on the exchange, you can use our free WEEX country checker.

Simply type in your country and see if you can use the platform or if your country is restricted.

 

WEEX Restricted & Banned Countries

WEEX adheres to strict international compliance by performing sanctions and watchlist screenings for all users and transactions. The platform does not operate in jurisdictions under comprehensive sanctions or significant restrictions, including:

  • North Korea
  • Iran
  • Syria
  • Cuba
  • Sudan
  • Crimea Region (Ukraine)
  • Donetsk People’s Republic (DPR)
  • Luhansk People’s Republic (LPR)
  • Russia (specific sanctions apply to certain sectors, individuals, and entities).

 

Sanctions and Watchlist Screening Process

To ensure compliance with global regulations, WEEX employs automated tools to monitor transactions and user data against databases maintained by organizations such as:

  • S. Office of Foreign Assets Control (OFAC)
  • United Nations Security Council (UNSC)
  • European Union (EU)
  • Her Majesty’s Treasury (HMT)(UK)
  • Monetary Authority of Singapore (MAS)
  • Australian Department of Foreign Affairs and Trade (DFAT)
  • Local national sanctions lists.

These measures safeguard users and prevent illicit activities, maintaining a secure trading environment.

 

Is WEEX Available in the US?

Yes, WEEX is accessible in the United States. The exchange holds a US MSB license with:

Entity ID: 20218044035

Confirmation Number: 13551646

This licensing ensures compliance with U.S. financial regulations and reinforces the platform’s legitimacy.

 

Can WEEX Be Accessed via VPN?

Accessing WEEX via VPN is technically possible, but users should be cautious of compliance risks. Using a VPN to bypass restrictions may violate the exchange’s terms of service and could result in account suspension. Always verify whether your jurisdiction allows access to WEEX.

 

Visit WEEX!

 

WEEX Alternatives

If WEEX is unavailable in your region, here are two dependable alternatives to consider:

BTCC – Founded in the United Kingdom and one of the oldest cryptocurrency exchanges globally, BTCC is renowned for its reliability and versatility. It offers spot and futures trading with high leverage and a no-KYC option, catering to a broad range of users. Currently, BTCC serves customers in the United States, making it an accessible choice for U.S.-based traders.

 

Visit BTCC!

 

Bitunix – Bitunix, a centralized crypto trading platform, became a registered U.S. Money Services Business (MSB) in late 2022. It received an SEC compliance license in the Philippines in 2023, further solidifying its reputation as a secure and regulated exchange. Bitunix offers 272 spot cryptocurrencies, over 300 futures contracts, and serves more than 1 million global users. Its no-KYC policy, high-leverage options, and user-friendly mobile app make it a versatile platform for traders worldwide.

 

Visit Bitunix!

 

For a deeper understanding of these exchanges and their features, check out our detailed BTCC review and Bitunix review to find the best fit for your trading needs.

 

WEEX Supported Countries

WEEX is available in most countries, excluding those under comprehensive sanctions. Key supported regions include:

  • United States(with proper licensing).
  • Canada, supported by the FINTRAC MSB license (M21642476).
  • United Kingdom and other global jurisdictions outside restricted zones.

 

Bottom Line

WEEX combines global accessibility with strict compliance. While certain jurisdictions face restrictions due to international sanctions, the exchange supports a broad user base across major regions, including the U.S., Canada, and the UK.

 

FAQ

Is WEEX Available in the US?

Yes, WEEX operates in the U.S. under a valid MSB license, ensuring regulatory compliance.

 

Is WEEX Available in Canada?

Yes, WEEX is licensed under the Canadian FINTRAC MSB Registration Number: M21642476.

 

Is WEEX Available in the UK?

Yes, WEEX is available in the UK as it falls under regions outside the restricted jurisdictions.

 

Does WEEX Require KYC?

No, KYC is optional for basic accounts, but verified users benefit from increased withdrawal limits and enhanced security.

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