How to Buy And Store WXT (WEEX Token) On WEEX In 5 Steps

By: WEEX|2025-05-09 00:00:00
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WEEX Token (WXT) is the native cryptocurrency of the WEEX exchange, a fast-growing platform designed for retail traders with a focus on crypto futures and spot trading. WXT offers exclusive benefits like trading fee discounts, access to airdrops, and staking rewards, making it a valuable asset for WEEX users. If you're looking to invest in WXT, this guide will walk you through the complete steps to buy and securely store your tokens.

What is WEEX Token (WXT)?

WEEX Token (WXT) is the native cryptocurrency of the WEEX exchange, a top-tier crypto platform launched in 2018 with a $100 million investment, renowned for its user-friendly interface and focus on futures trading. Built on the Ethereum blockchain as an ERC-20 token (contract address: 0x1B66474c8ECA3827f16202907F41F63785579716), WXT powers the WEEX ecosystem, rewarding users, partners, and the community with exclusive benefits. Launched on August 1, 2023, at an issue price of $0.01, WXT initially had a total supply of 10 billion tokens, with $ 3.9 billion in circulation. Following a historic $120 million burn in January 2025, which destroyed 4 billion tokens (40% of the total supply), the current total supply stands at 6 billion.

WXT offers a range of perks, including up to 70% discounts on trading fees, access to WEEX Launchpool airdrops (e.g., DOGS, ZK), and staking opportunities with an impressive 140% annualized yield (recently reported up to 88.71% APR). Holders also enjoy priority access to platform promotions, VIP privileges, and exclusive WEEX events, such as launchpad access. The token’s deflationary strategy, reinforced by quarterly burns tied to 20% of WEEX’s revenue, aims to boost its value over time, with WXT reaching an all-time high of $0.03391 and a recent price of around $0.025 (24-hour trading volume: $6.5 million).

As of February 2025, WEEX boasts over 5 million registered users and a daily trading volume exceeding $400 million, underscoring WXT’s growing traction among crypto enthusiasts. By holding and using WXT, users unlock long-term profit opportunities and an enhanced trading experience within WEEX’s secure ecosystem, backed by a 1,000 BTC investor protection fund. For more details, explore the WEEX WXT whitepaper and about WEEX page.

Why Buy WEEX Token On WEEX?

WEEX Exchange provides a smooth and secure environment for buying WEEX Token, making it a perfect choice for both novice and experienced traders. Its intuitive interface and advanced security measures ensure that your assets remain safe while you trade with confidence.

  • No KYC Required: Your funds are held securely in your own wallet, providing a safe and private environment for your transactions.
  • Secure & Reliable: Your assets are protected by robust security measures and 24/7 support.
  • Easy 5-Minute Purchase: Buy WEEX Token in just minutes with our intuitive platform.
  • Flexible Payment Options: Fund your account with ease using credit/debit cards, PayPal, bank transfers, and more.

How to Buy WEEX Token (WXT)

WEEX offers easy way to buy WXT, here’s the brief step-by-step on how to buy WXT on WEEX.

Step 1: Choose a Cryptocurrency Exchange

WXT is available on several centralized exchanges (CEXs). There is no doubt that WEEX offers the most efficient and appropriate platform for acquiring WXT, even BTC USDTETH USDT.

Compare fees (maker/taker, deposit/withdrawal) and security features before choosing an exchange. WEEX is recommended for seamless WXT trading due to its native integration.

Step 2: Create and Verify Your Account

  1. Visit the WEEX exchange’s website or download WEEX mobile app.
  2. Click “Sign Up” and provide your email or phone number.
  3. Complete the Know Your Customer (KYC) process by submitting valid documents (e.g., passport or driver’s license).
  4. Enable two-factor authentication (2FA) for added security.

If you already have a WEEX account, please Log in.

How to Buy And Store WXT (WEEX Token) On WEEX In 5 Steps
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Step 3: Deposit Funds

  1. Navigate to the “Deposit” or “Buy Crypto” section.
  2. Choose a payment method:
    • Select your preferred payment method—whether it's cryptocurrency (such as Bitcoin, Ethereum, or USDT) or fiat (via bank transfer, card, or third-party providers). 
    • Enter the desired amount, copy the deposit address or follow the payment instructions provided. Carefully verify all details including the amount, wallet address, and any applicable fees before submitting. 
    • Once submitted, wait for confirmation: crypto transactions typically take anywhere from a few minutes to several hours, while fiat deposits may require a few business days. You can monitor the status in your Transaction History.
  3. Follow the instructions to transfer funds to your exchange wallet.

Tip: For smoother transactions, buy USDT first, then trade it for WXT on the spot market. Check our step-by-step guide on how to deposit on WEEX here to know more.

The following actions may result in delays or loss of funds. Please pay close attention:

1.Deposits below the minimum amount will not be credited and cannot be refunded.

2.Ensure that the address and network name are correct; mismatches will result in failed deposits.

3.Smart contracts are currently not supported.

4.Deposits in unsupported assets on WEEX will not be credited and cannot be recovered.

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Step 4: Buy WXT

  1. Go to the Spot Trading section on WEEX.
  2. Search for the WXT/USDT trading pair
  3. Select “Buy” and choose your order type:

Market Order: Buy WXT instantly at the current price.

Limit Order: Set a specific price to buy WXT when the market reaches it.

  1. Enter the amount of WXT or USDT you want to spend.
  2. Check the payment details and fees.

Example: On WEEX, you can buy approximately 39.78 WXT for $1 at a price of $0.02514.

Tips: The minimum amount of WEEX Token you can buy is $10.

Step 5: Verify Your WXT Balance

After the purchase, check your WEEX Assets to confirm the WXT balance. 

If you encounter any issues, please contact our Customer Service promptly.

How to Store WEEX Token (WXT)

Storing WXT securely is crucial to protect your investment. You have two main options: exchange wallets and non-custodial wallets.

Option 1: Store WXT on WEEX Exchange

Pros: Convenient for frequent trading, no need to manage private keys.

How to: Leave WXT in your WEEX account after purchase. Enable 2FA and strong passwords.

Option 2: Store WXT in a Non-Custodial Wallet

For maximum security, transfer WXT to a non-custodial wallet where you control the private keys. Recommended wallets include:

Software Wallets:

Trust Wallet: Mobile-friendly, supports ERC-20 tokens like WXT.

MetaMask: Browser-based, ideal for DeFi and DEX trading.

Hardware Wallets:

Ledger Nano S/X: Offline storage, highly secure.

Trezor: Supports Ethereum tokens, user-friendly interface.

Steps to Store WXT in a Non-Custodial Wallet

Set Up the Wallet:

Download Trust Wallet/MetaMask or purchase a Ledger/Trezor device.

Create a new wallet and back up your seed phrase (12-24 words) offline.

Add WXT to the Wallet:

For MetaMask/Trust Wallet, add WXT as a custom token using its contract address (available on WEEX’s official site or CoinMarketCap).

Transfer WXT:

Go to your exchange’s “Withdraw” section.

Enter your wallet’s Ethereum address and the amount of WXT.

Confirm the transaction and pay the network gas fee.

Secure Your Wallet:

Never share your seed phrase or private keys.

Store your seed phrase in a safe place (e.g., engraved on metal).

Use antivirus software and avoid phishing sites.

Security Tips for Storing WXT

Enable 2FA: Use apps like Google Authenticator for exchange and wallet accounts.

Avoid Phishing: Only visit official sites (e.g., www.weex.com).

Use Hardware Wallets for Large Amounts: Keep significant WXT holdings offline.

Regularly Update Software: Ensure your wallet and device firmware are up to date.

Benefits of Holding WXT

Holding WXT unlocks exclusive perks within the WEEX ecosystem:

Trading Fee Discounts: Save up to 70% on spot and futures trading.

Airdrop Rewards: Participate in WE-Launch events to earn tokens like DOGS and TRUMP.

Staking and VIP Access: Earn passive income and access premium features. Hold WXT and enjoy up to 20% profit share!

Community Engagement: Align with WEEX’s growth through team incentives.

FAQs

How Can I Safely Buy WXT on WEEX?

To buy WXT safely on WEEX, create an account, complete identity verification, and select your preferred payment method.

Your security comes first. We use top-tier security features—like two-factor authentication and cold storage for digital assets—to keep your funds and personal information safe at all times.

Which Payment Methods Can I Use to Buy WXT on WEEX?

WEEX offers secure transactions through various methods, including credit cards, debit cards, bank transfers, Apple Pay & Google Pay, iDEAL, SEPA and P2P trading.

Which Currencies Can I Use To Buy WEEX Token (WXT) On WEEX?

You can buy WEEX Token using the following fiat currencies:

USD, CNY, EUR, CAD, GBP, CHF, and AUD.

We’re working on adding more options—stay tuned!

What Are The Fees for Buying WEEX Tokens on WEEX?

We aim to keep our fees clear and competitive. For a full breakdown, check out our Fee Rate Standards page. And good news—there are no fees for deposits on WEEX!

What Can I Do After Buying WEEX Token (WXT)

After buying the WEEX token (WXT), you have 5 options to deal with it. 

Hold (HODL): Keep your WXT long-term and wait for potential value growth.

Trade: Swap WXT for other cryptocurrencies or cash on WEEX to earn profits or diversify.

Spend: Use WXT for direct payments where accepted, or get a crypto card (like BitPay) to convert it to cash or buy gift cards.

Explore DeFi (if supported): Lend, borrow, or farm with WXT to earn passive income.

Discover its ecosystem (if available): See if WXT is used in any apps, games, or platforms you can benefit from.

Conclusion

Buying and storing WEEX Token (WXT) on the WEEX exchange is a straightforward process that opens the door to a range of exclusive benefits, from trading fee discounts to staking rewards and airdrop access. Whether you're a beginner exploring your first crypto investment or an experienced trader expanding your portfolio, WXT provides both utility and long-term value within the WEEX ecosystem. By following the five simple steps outlined in this guide, you can securely purchase, manage, and make the most of your WXT holdings. Start now and take full advantage of what WEEX and WXT have to offer.

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How to Buy Crypto with BCA on WEEX P2P

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Your Crypto will arrive instantly in your WEEX wallet — safe, fast, and with zero fees.

 

Frequently Asked Questions (FAQ)

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Whether you’re buying 1,000 IDR or 1,000,000 IDR, WEEX ensures fast, safe, and cost-efficient USDC purchases.

 

How to Buy USDC with BCA on WEEX P2P

Buying USDC with BCA on WEEX is simple and fast. Follow these steps:

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How to Buy BTC with BCA on WEEX P2P

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Your ETH will arrive instantly in your WEEX wallet — safe, fast, and with zero fees.

 

Frequently Asked Questions (FAQ)

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Q4: Do I need full KYC? A: Basic KYC is required for P2P trading.

 

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Do You Pay Tax on Crypto? Trading, Staking and Airdrops Explained

TL;DR

Do you pay tax on crypto without selling? Yes, in most cases, you owe crypto tax even if you don’t cash out.Do you pay tax on crypto trading? Yes. Buying, selling, or swapping crypto (ETH to BTC) can trigger capital gains tax.How is crypto trading taxed? Profits are usually taxed as capital gains, but frequent trading or futures trading may be treated as business income.Is staking taxable? Yes. Crypto staking rewards are taxed as income when received, and taxed again as capital gains when sold.Are crypto airdrops taxable? Yes. Airdrops are taxable income at the time you receive them, even if you don’t sell.When do you owe crypto taxes? When you trade, earn, or receive crypto — not just when you withdraw to fiat.What are common crypto tax mistakes? Not tracking trades, ignoring staking rewards, and assuming no tax without withdrawal.How to report crypto taxes easily? Export your data from WEEX and use crypto tax software like KoinX to generate reports.

Most crypto users assume one thing: If you haven't withdrawn your funds, you don't owe any tax.

It sounds logical , but in most cases, it's wrong.

As crypto markets evolve, tax rules have become clearer and stricter. What matters is not whether you cash out, but how you interact with your assets. Trading, earning, or even receiving tokens can all trigger taxable events, often without you realizing it.

So when exactly do you pay tax on crypto? The answer depends on what you do.

Do You Pay Tax on Crypto Trading? Even Without Cashing Out

The most common misconception is that taxes only apply when you convert crypto into fiat.

In reality, tax authorities in many countries treat any disposal of crypto as a taxable event. This includes not only selling for cash, but also swapping one asset for another.

If you trade ETH for BTC, you may still need to calculate your gain — even though no money ever leaves the crypto ecosystem.

What matters is whether you realized a profit.

If the value of your asset increased between the time you acquired it and the time you traded or sold it, that difference is typically taxed as a gain. Losses may also be recognized, depending on local rules.

For active traders, especially those using futures or trading frequently, things can become more complex. In some cases, trading activity may even be treated as business income rather than capital gains, which can significantly change how it is taxed.

Is Staking Taxable? When and How Rewards Are Taxed

Staking is often described as passive income, but from a tax perspective, it’s rarely that simple.

In most jurisdictions, staking rewards are treated as income at the moment you receive them, based on their market value at that time.

This means you may owe tax even if you never sell your rewards.

And that’s only the first layer.

If you later sell those tokens at a higher price, the additional profit is taxed again — this time as a capital gain.

This dual structure — income first, gains later — is one of the most commonly misunderstood aspects of crypto taxation, and a frequent source of reporting errors.

Are Crypto Airdrops Taxable? What Counts as Income

Airdrops feel like free money. From a tax perspective, they usually aren’t.

In many cases, airdropped tokens are treated as income once you have control over them and they have a measurable market value.

That means the moment you can claim or access the tokens, their value may already be taxable — regardless of whether you sell them.

If you later sell at a higher price, the difference is taxed again as a gain.

Like staking, airdrops often create two separate tax events:

one when you receive the tokens, and another when you dispose of them.

Crypto Tax Mistakes That Can Cost You Money

The rules themselves are not always complicated — but applying them correctly can be.

Many users assume that staying within crypto avoids tax, overlook income from staking or airdrops, or fail to track the original cost of their assets across multiple trades.

As activity increases, especially across different assets and strategies, keeping accurate records becomes significantly harder. Without proper tracking, it’s easy to either underreport — or overpay.

When Do You Actually Owe Crypto Taxes? Key Takeaways

Crypto taxation is not just about how much you earn. It’s about when and how those earnings are realized.

Trading, staking, and airdrops are taxed in different ways, often at different points in time. And in many cases, tax obligations arise long before any funds are withdrawn.

The key takeaway is simple:

If you are actively participating in the crypto market, you are very likely generating taxable events — whether you notice them or not.

Understanding this early makes it easier to stay compliant, avoid costly mistakes, and make better decisions as your trading activity grows.

How to Report Crypto Taxes on WEEX: A Simple Step-by-Step Guide

Understanding how crypto is taxed is only half the process — reporting it correctly is where it gets more complex.

As your activity grows, especially across trading, staking, and rewards, keeping track of every transaction manually can quickly become overwhelming. Using a platform where your trading history is organized and easily exportable can make a meaningful difference when it comes to filing.

For a step-by-step guide on how to track and report your crypto taxes, read the full tutorial here:

WEEX Crypto Tax Guide: How to Export Trading Data and Generate a Tax Report with KoinX

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media:

· Instagram: @WEEX Exchange 
· X: @WEEX_Official 
· Tiktok: @weex_global 
· Youtube: @WEEX_Global 
· Discord: WEEX Community 
· Telegram: WeexGlobal Group

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