Emre Yumlu 
WEEX Token (WXT) is the native platform token of the WEEX exchange, operating on the Ethereum ERC-20 standard. Since its launch in August 2023, it has offered exclusive benefits, including up to 70% discounts on transaction fees, free airdrops, and governance rights. WEEX, established in 2018, prioritizes user satisfaction, gaining trust through rapid coin listings and deep liquidity. Serving over 5 million traders from more than 50 countries, the platform has partnered with 10,000 elite traders and 5,000 global influencers. This article explores what WEEX Token is, how it functions, and the opportunities it provides.
What is WEEX Token (WXT)?
WEEX Token (WXT) is a core component of the WEEX ecosystem. Launched on August 1, 2023, it has a total supply of 10 billion and a circulating supply of 3.9 billion. In 2025, 4 billion WXT (40%) will be burned, reducing the total supply to 6 billion. A quarterly burn plan will make it deflationary. WXT supports WEEX’s comprehensive services, including spot trading, futures trading, copy trading, and WE-Launch listings. With a daily trading volume of $5 billion, WEEX ranks among the top 10 crypto derivatives exchanges, maintaining a strong trust score through audited proof of reserves.
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Purpose of WEEX Token (WXT)
WXT delivers value to users and partners through loyalty rewards, social media engagement, and trading activities. WEEX aims to advance the digital asset industry by creating a secure, private, and user-friendly platform. By integrating crypto with traditional finance, it lowers entry barriers and develops innovative products. WXT holders gain long-term benefits within the ecosystem, similar to BNB’s growth from $0.15 in 2017 to $793 in 2024, yielding over 5,000x returns for early adopters.
How Does WEEX Token (WXT) Work?
WEEX offers over 1,700 trading pairs and up to 400x leverage for futures, with the motto “Trade with Precision. Succeed with WEEX.” It achieves industry-leading performance with a 450,000 transaction-per-second capacity and a daily trading volume of $8.71 billion, ensuring high liquidity. A 1,000 BTC protection fund secures user assets, and global regulatory licenses reinforce trust. WEEX targets 10 million users and $10 billion daily volume by 2025, supported by over 600 employees.
WXT Operations:
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Burn Plan: In 2025, 4 billion WXT will be burned; quarterly burns will follow, calculated dynamically based on volume, volatility, and scale effects, with on-chain transparency.
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Benefits: WE-Launch WXT commitments yield free airdrops, with a 2024 WE-Launch APY of up to 140%. Holding WXT increases VIP levels, unlocking fee discounts.
WEEX Token (WXT) Use Cases
WXT is utilized within the WEEX ecosystem for:
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WE-Launch: Commit WXT to receive token airdrops from popular projects.
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VIP Levels: Holding WXT boosts VIP status, providing fee discounts.
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Elite Trader Benefits: WXT-holding elite traders gain higher profit-sharing ratios.
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Future Benefits: Priority WE-Launch access, on-chain payments, ecosystem collaborations, governance voting, and proposal submissions.
Usage Steps:
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Purchase or earn WXT on a WEEX account.
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Commit WXT in WE-Launch for airdrops.
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Hold WXT to elevate VIP levels and access discounts.
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Participate in governance voting.
Advantages of WEEX Token (WXT)
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Revenue Sharing: Long-term returns from platform growth.
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Exclusive Benefits: Free airdrops, up to 70% fee discounts, and governance.
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Deflationary: Burns enhance value.
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Security: 1,000 BTC fund and regulatory licenses.
WEEX Token (WXT) Tokenomics
Total Supply: 10 billion (5,875,796,177 in circulation). Burned: 4,124,203,823. Maximum Supply: 10 billion. Initial Circulating Supply: 3.9 billion.
Allocation:
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WXT Ecosystem: 20%
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User Acquisition: 10%
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WEEX Protection Fund: 25%
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Partner Ecosystem Fund: 15%
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Team Incentives: 15%
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Branding and Promotion: 15%
Burn Plan: 4 billion (40%) in 2025; quarterly burns for deflation.
WEEX Token (WXT) Team
The WEEX team comprises experts from Wall Street, Silicon Valley, Citibank, and Google, led by CEO Peter.
WXT Price Performance
WXT debuted at approximately $0.01. As of now, its price has risen to around $0.042, reflecting steady growth. This upward trend paints a positive picture for investors. WXT’s consistent new all-time highs (ATHs) highlight increasing market demand and confidence in its ecosystem.
Official Links
Also, you can read: What is WEEX Exchange and How to Use It?
*This content does not constitute investment advice.
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