WEEX Token: Your Key to Cutting Trading Fees on WEEX Exchange
What Makes WXT Essential for WEEX Traders
The WEEX Token (WXT) is the cornerstone of the WEEX exchange, a leading crypto trading platform launched in 2018. With a user base exceeding 5 million and a daily trading volume of $400 million, WEEX offers spot, futures, and OTC trading. WXT, an ERC-20 token, enhances the platform by providing fee discounts, airdrop opportunities, and governance rights. For traders, WXT is a powerful tool to minimize costs and maximize returns in a competitive market.
WXT’s design draws inspiration from successful exchange tokens like BNB and OKB, but its focus on fee reduction and deflationary tokenomics sets it apart. By holding WXT, traders can significantly lower transaction costs, making it an attractive option for both retail and institutional users. The token’s integration into WEEX’s ecosystem ensures it remains a practical asset with real-world utility.
How WXT Reduces Transaction Fees
Slashed Futures Trading Fees
Futures trading on WEEX incurs a 0.02% maker fee and a 0.08% taker fee, which can add up for active traders. WXT holders can offset these costs by up to 70%, depending on their VIP status. For instance, a trader with a VIP3 level holding 10,000 WXT could reduce their futures fees to near negligible levels, saving hundreds of dollars monthly on high-volume trades. This mechanism is particularly valuable for scalpers and day traders who execute frequent transactions.
Spot Trading Fee Optimization
Spot trading fees on WEEX are set at 0.1% for both makers and takers, but WXT introduces additional savings. During promotional events, such as new coin listings, WXT holders can trade select pairs at reduced or zero fees. In August 2024, WEEX offered 0% fees for CHESS and CREAM, showcasing WXT’s role in cost management. These campaigns encourage traders to hold WXT for ongoing benefits.
VIP Program Integration
WEEX’s VIP program ties WXT holdings to fee discounts, creating a tiered system that rewards loyalty. Higher VIP levels, achieved through increased WXT ownership and trading activity, unlock deeper reductions. For example, a VIP6 trader could enjoy futures fees as low as 0.01%, a fraction of standard rates. Crypto experts emphasize that this structure incentivizes long-term holding, stabilizing WXT’s market demand.
The Deflationary Power of WXT
Quarterly Token Burns
WEEX’s commitment to reducing WXT’s supply enhances its value proposition. The platform allocates 20% of its quarterly revenue—derived from spot, futures, and listing fees—to repurchase and burn WXT. In January 2025, WEEX executed a historic $120 million burn, destroying 4 billion tokens (40% of the total supply). This deflationary strategy mirrors Binance’s BNB burns, which drove significant price appreciation. A reduced supply increases WXT’s scarcity, potentially boosting its value and making fee discounts even more impactful.
On-Chain Transparency
Every WXT burn is recorded on the Ethereum blockchain, ensuring transparency. This openness addresses a common concern in crypto: trust. By publicly verifying burns, WEEX builds confidence among WXT holders, reinforcing the token’s credibility. Experts note that transparent tokenomics are critical for exchange tokens to gain mainstream adoption.
Additional Benefits of Holding WXT
WE-Launch Airdrop Opportunities
WXT holders can participate in WE-Launch events, committing tokens to earn free airdrops from new projects. Holding 1,000 WXT for two days qualifies users, with rewards based on commitment levels. In 2024, WE-Launch offered up to 140% annualized returns, making WXT a gateway to passive income. Unlike other platforms, WEEX doesn’t freeze committed WXT, preserving liquidity.
Governance and Platform Influence
WXT empowers users to shape WEEX’s future through governance. Holders can vote on new listings, feature upgrades, and promotional events, fostering a community-driven ecosystem. This aligns with the decentralized ethos of crypto, giving WXT holders a stake in the platform’s success.
High-Yield Staking
WXT holders prowides for up to 88.71% APR, as seen in 2024 promotions. This high-yield opportunity complements fee discounts, allowing traders to earn passive income while reducing trading costs. Staking rewards further incentivize holding WXT, creating a virtuous cycle of utility and value.
Why WXT Is a Smart Investment
Cost Savings in Volatile Markets
In crypto, where volatility can erode profits, WXT’s fee reductions provide a buffer. By lowering the cost of each trade, traders can weather market swings with greater confidence. Experts argue that tokens like WXT are particularly valuable during bearish cycles, where cost efficiency is critical.
Alignment with WEEX’s Growth
WEEX’s global expansion, regulatory compliance (MSB licenses in the U.S. and Canada), and partnerships with figures like Michael Owen signal strong growth potential. As the platform scales, WXT’s utility and demand are likely to increase, enhancing its value. The token’s 384% surge since listing, reaching $0.03391, underscores its market traction.
Competitive Edge Over Other Coins
Compared to other exchange tokens, WXT offers a unique blend of fee discounts, airdrops, and governance. Its deflationary model and transparent burns give it an edge over tokens with static supplies. Analysts predict that WXT could emulate the success of BNB if WEEX continues to innovate.
How to Get Started with WXT
To leverage WXT for fee savings:
- Purchase WXT: Buy WXT on WEEX using USDT or other pairs, starting with as little as $10.
- Hold for Discounts: Maintain WXT in your spot account to unlock fee reductions and airdrop eligibility.
- Join VIP Program: Increase trading volume and WXT holdings to access higher VIP levels.
- Track Promotions: Monitor WEEX’s Fee Schedule page for zero-fee events and new listings.
The Road Ahead for WXT
As WEEX evolves, WXT’s role in offsetting fees will expand. The platform’s focus on user-friendly features, like copy trading and a mobile app, ensures accessibility for all traders. With a shrinking supply and growing ecosystem, WXT is poised to become a leading exchange token. For traders seeking to optimize costs and tap into WEEX’s growth, WXT is an indispensable asset.
Latest Updates on WEEX
WEEX Exchange’s WXT Token Surges 101%
If you want to buy WXT now, you can sign up for a WEEX account
WEEX Owen : Michael Owen Joins as Global Brand Ambassador
Championing a revolutionary crypto trading experience
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Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us
Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
Source: Original Post Link

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