# WEEX > Trade with Precision, Succeed with WEEX WEEX is a centralized cryptocurrency exchange. It lets users trade spot and futures markets, copy lead traders, and trade traditional-asset markets with USDT. WEEX is a centralized cryptocurrency exchange offering spot trading, futures trading, and copy trading. One account also opens traditional-finance markets, including stocks, commodities, and indices, margined in USDT. The exchange serves retail traders across many regions. TradFi markets are perpetual futures, so users trade price movements without holding the underlying assets or opening a brokerage account. Copy trading lets users follow lead traders and replicate their positions. A fiat gateway lets users buy crypto with cards, bank transfer, and local payment methods. WEEX maintains a protection fund and a utility token, WXT, that offers trading fee discounts and access to Launchpool airdrops. The exchange is used by crypto traders, derivatives traders, and users seeking exposure to traditional markets. - Type: Company - Sector: Finance - Status: Active - Founded: 2018-01-01 - Profile: https://thegrid.id/profiles/weex ## Products - [WEEX Exchange](https://thegrid.id/profiles/weex): WEEX Exchange is a centralized cryptocurrency exchange offering spot trading and USDT-margined futures. Its TradFi section lets users trade perpetual futures on stocks, commodities, and indices with USDT as margin, around the clock. Copy trading lets users follow lead traders and replicate their positions. WXT holders receive trading fee discounts and access to Launchpool airdrops. The exchange maintains a protection fund and commits to covering user losses that are not the user's fault. (Centralised Exchange, Live, Main Product) - [WEEX OTC](https://thegrid.id/profiles/weex): WEEX OTC facilitates large-volume cryptocurrency trades directly between parties with minimal market impact and enhanced privacy. (OTC, Live) ## Assets - [WEEX Token (WXT)](https://thegrid.id/profiles/weex): WXT is the utility token of WEEX Exchange. It is used to receive trading fee discounts of up to 70% on futures trading, access airdrops from new projects via the WEEX Launchpool, and participate in staking programs. The exchange allocates a portion of its profits to buy back WXT tokens from the market and permanently burn them, reducing the circulating supply to increase scarcity and support long-term value for holders. (Utility) ## Links - [Main](https://weex.com) - [Media Kit/branding](https://www.weex.com/Media-kit) - [Documentation](https://www.weex.com/api-doc) - [Terms of Service](https://weexsupport.zendesk.com/hc/en-us/articles/4417379529241-Terms-of-Use) - [Privacy policy](https://weexsupport.zendesk.com/hc/en-us/articles/4417383227545-Privacy-Notice) - [LinkedIn](https://www.linkedin.com/company/weex-global) - [Facebook](https://www.facebook.com/WEEXGlobal) - [Twitter / X](https://x.com/WEEX_Official) - [Telegram](https://t.me/WeexGlobal_Group) - [Discord](https://discord.com/invite/2CFnGbMzbh) - [YouTube](https://www.youtube.com/@WEEX_Global) - [Telegram](https://t.me/weexrucommunity) - [Instagram](https://www.instagram.com/weex_ru) - [Twitter / X](https://x.com/weexglobal_ch) ## Legal This data is provided under two licensing models. Model 1 - open data. 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