WEEX Fees Explained: The Low-Fee Exchange Nobody Talks About
Complete breakdown of WEEX trading fees, withdrawal costs, and VIP tiers. Honest comparison with Bybit and Bitget for futures traders looking for lower rates.
WEEX charges 0.020% maker and 0.060% taker for USDT-margined futures at the base tier, with VIP rates dropping as low as 0.000% maker and 0.020% taker. These headline numbers place WEEX among the cheapest centralized exchanges for perpetual futures trading — cheaper than Bybit and Bitget at every tier level.
WEEX does not get mentioned in most “best exchange” roundups. The platform launched in 2018 but only gained traction in 2023-2024 through aggressive fee promotions and a focus on derivatives trading. Its daily volume is a fraction of Binance’s, and its brand recognition is low outside of Asian markets.
None of that changes the fee math. If you are a derivatives trader optimizing for cost, WEEX’s fee structure deserves a serious look.
WEEX Fee Structure
WEEX primarily focuses on perpetual futures trading, though it also offers spot markets with a more limited selection.
Futures Fee Tiers
WEEX determines your VIP tier based on 30-day rolling trading volume in USDT.
| Tier | 30-Day Volume (USDT) | Maker Fee | Taker Fee |
|---|---|---|---|
| Base | <10M | 0.020% | 0.060% |
| VIP 1 | ≥10M | 0.018% | 0.050% |
| VIP 2 | ≥50M | 0.014% | 0.040% |
| VIP 3 | ≥100M | 0.010% | 0.035% |
| VIP 4 | ≥200M | 0.006% | 0.030% |
| VIP 5 | ≥500M | 0.002% | 0.025% |
| VIP 6 | ≥1B | 0.000% | 0.020% |
The base taker fee of 0.060% is higher than Binance (0.050%) or OKX (0.050%), but the base maker fee of 0.020% is in line with industry standards. The volume thresholds for VIP tiers are more accessible than some competitors — VIP 1 kicks in at just $10M in 30-day volume.
Spot Fee Tiers
| Tier | 30-Day Volume (USDT) | Maker Fee | Taker Fee |
|---|---|---|---|
| Base | <1M | 0.100% | 0.100% |
| VIP 1 | ≥1M | 0.080% | 0.100% |
| VIP 2 | ≥5M | 0.060% | 0.080% |
| VIP 3 | ≥10M | 0.040% | 0.060% |
Spot fees are competitive at every tier, though the pair selection is limited compared to Binance or Gate.io. WEEX lists around 200+ spot pairs, focused on major and mid-cap tokens.
WEEX vs Bybit vs Bitget: The Real Comparison
WEEX competes most directly with Bybit and Bitget — mid-tier exchanges popular among derivatives traders. Here is the base-tier futures comparison.
| Exchange | Base Taker | Base Maker | Token Discount | Effective Taker | Effective Maker |
|---|---|---|---|---|---|
| WEEX | 0.060% | 0.020% | None | 0.060% | 0.020% |
| Bybit | 0.055% | 0.020% | None | 0.055% | 0.020% |
| Bitget | 0.060% | 0.020% | 20% (BGB) | 0.048% | 0.016% |
At the raw base tier, Bybit’s taker is slightly cheaper and Bitget with the BGB discount beats both. But this comparison misses an important nuance.
What Happens with Referral Codes
All three exchanges offer referral discounts. With a 20% referral discount applied:
| Exchange | Effective Taker | Effective Maker |
|---|---|---|
| WEEX (20% ref) | 0.048% | 0.016% |
| Bybit (20% ref) | 0.044% | 0.016% |
| Bitget (BGB + 20% ref) | 0.038% | 0.013% |
Bitget with stacked discounts comes out cheapest. Bybit in the middle. WEEX slightly higher on taker fees.
Monthly Cost Comparison: $200K Futures Volume (60/40 Taker/Maker)
| Cost | WEEX (w/ ref) | Bybit (w/ ref) | Bitget (BGB + ref) |
|---|---|---|---|
| Taker ($120K) | $57.60 | $52.80 | $45.60 |
| Maker ($80K) | $12.80 | $12.80 | $10.40 |
| Total | $70.40 | $65.60 | $56.00 |
At this volume, WEEX costs about $5 more per month than Bybit and $14 more than Bitget. Not a massive difference, but not negligible over a year.
Where WEEX Recovers Ground
The comparison flips at higher VIP tiers. WEEX’s VIP progression is steeper — its rates drop faster relative to volume.
| Volume Level | WEEX Taker | Bybit Taker | Bitget Taker (w/ BGB) |
|---|---|---|---|
| $50M/month | 0.040% (VIP 2) | 0.050% (VIP 1) | 0.048% (VIP 1) |
| $200M/month | 0.030% (VIP 4) | 0.040% (VIP 2) | 0.042% (VIP 2) |
| $500M/month | 0.025% (VIP 5) | 0.035% (VIP 3) | 0.036% (VIP 3) |
At $50M and above in monthly volume, WEEX becomes meaningfully cheaper than both Bybit and Bitget. A trader doing $200M per month saves roughly $20,000 annually on WEEX versus Bybit. That is real money.
WEEX Withdrawal Fees
Withdrawal costs on WEEX are generally in line with industry averages.
| Asset | Network | WEEX Fee | Bybit Fee | Bitget Fee |
|---|---|---|---|---|
| USDT | TRC-20 | 1.0 USDT | 1.0 USDT | 1.0 USDT |
| USDT | ERC-20 | 3.0 USDT | 3.5 USDT | 2.5 USDT |
| USDT | Arbitrum | 0.5 USDT | 0.5 USDT | 0.5 USDT |
| BTC | Bitcoin | 0.0002 BTC | 0.0002 BTC | 0.0002 BTC |
| ETH | Ethereum | 0.002 ETH | 0.0012 ETH | 0.0015 ETH |
Nothing stands out as either exceptionally cheap or expensive. WEEX charges slightly more than Bybit for ETH withdrawals on Ethereum mainnet, but the difference is under $1 at current prices. Use TRC-20 or Arbitrum for USDT withdrawals to minimize costs across all three platforms.
What WEEX Gets Right
Low Barrier to Fee Reductions
WEEX’s VIP 1 starts at $10M in 30-day volume. On Binance, VIP 1 starts at $15M for futures and requires 25 BNB holdings. On OKX, it is $10M plus $100K in assets. WEEX’s pure-volume approach means you qualify based on trading activity alone.
Futures-First Design
The platform is built around perpetual futures trading. The interface is streamlined for derivatives. If you primarily trade BTC and ETH perps, you are not paying for features you do not use (spot launchpad, NFT marketplace, earn products).
Regular Fee Promotions
WEEX frequently runs zero-fee or reduced-fee promotions on specific pairs or during market events. These temporary promotions can meaningfully reduce costs if you time your trading around them. The promotions are usually announced on WEEX’s social channels and homepage.
What WEEX Gets Wrong
Liquidity Gap
This is the main issue. WEEX’s order book depth on BTC/USDT perpetuals is roughly 5-10% of what Binance offers. On ETH and other pairs, the gap is wider. For market orders above $50K notional, you will likely experience measurable slippage on WEEX that you would not see on larger platforms.
For a detailed analysis of how slippage affects your real costs, see our hidden exchange fees guide.
Smaller Pair Selection
WEEX lists fewer perpetual contracts than Bybit or Bitget. If you trade mid-cap altcoin perpetuals, the pair you want might not be available. Major pairs (BTC, ETH, SOL, XRP, DOGE) are all there, but the long tail is shorter.
Less Established Brand
WEEX does not carry the same trust capital as Bybit or Bitget. The exchange publishes proof of reserves, but its track record is shorter and its user base smaller. See our proof of reserves guide for what these reports actually verify.
Limited Ecosystem
No earn products, no copy trading platform comparable to Bitget’s, no Web3 wallet. If you want an all-in-one crypto platform, WEEX is not it. It is a trading venue, and it does that one thing at a competitive price.
Who Should Use WEEX?
WEEX makes financial sense for a specific trader profile:
High-volume futures traders doing $50M+ in monthly volume who are willing to trade on a less-established platform for meaningful fee savings. At these volumes, the VIP tier advantages over Bybit and Bitget translate to thousands of dollars per year.
Traders who use limit orders heavily. WEEX’s maker fees are competitive from the base tier. If your strategy is primarily maker-order based, the 0.020% rate matches the industry standard while the VIP progression brings it down faster.
Secondary exchange users. Keep your primary volume on Binance or Bybit for liquidity and depth. Use WEEX for specific pairs or during promotional events where the all-in cost is lower.
For traders doing under $10M per month in futures volume, the fee difference between WEEX and Bybit or Bitget is too small to justify switching. Your trading costs are dominated by spreads and slippage, not the fee schedule — and on those metrics, higher-liquidity exchanges win. Our maker vs taker guide covers the fundamentals of how these fee structures work.
WEEX Exclusive Offer
35% Fee Discount (Spot + Futures)
Clicking will copy the code and open WEEX in a new tab.
Bybit Exclusive Offer
20% Fee Discount (Spot + Futures)
Clicking will copy the code and open Bybit in a new tab.
FAQ
Is WEEX a legitimate exchange?
WEEX has operated since 2018 and holds regulatory licenses in several jurisdictions. The exchange publishes proof of reserves and has not experienced a major security breach. That said, it is a smaller exchange with less public scrutiny than top-tier platforms, so standard caution applies: do not store more funds on the platform than you need for active trading.
Does WEEX require KYC?
WEEX offers tiered access. Basic trading is available without KYC for some users, but full features and higher withdrawal limits require identity verification. Check the platform’s current requirements for your jurisdiction, as this policy changes frequently.
How do WEEX fees compare to Binance?
WEEX’s base futures taker (0.060%) is higher than Binance’s (0.050%), but WEEX’s VIP tier progression is steeper. At $50M+ in monthly volume, WEEX becomes cheaper. For most retail traders under $10M in volume, Binance with a referral code and BNB discount is the better deal.
What is the cheapest way to deposit on WEEX?
Transfer USDT via TRC-20 (Tron) or Arbitrum. Both networks have low gas fees ($0.10-$1.00) and WEEX does not charge a deposit fee for crypto transfers. Avoid ERC-20 deposits to save on Ethereum gas costs.
Why trust this author?
James is a former quantitative trader at a top-tier hedge fund who transitioned to crypto in 2017. He now leads research at CryptoFeeDiscount, personally testing every exchange with real capital. His systematic approach to fee analysis has helped traders save over $2M collectively.