Which Trading Platform is Strongest in Depth? WEEX Proves its Promise with Slippage Compensation

WEEX has been making continuous improvements and breakthroughs in trading depth, and the platform has become the industry benchmark with the top 10 trading positions of popular currency pairs.

Words are not enough. WEEX is now launching the "Slippage Compensation" campaign, inviting users around the world to test the platform's trading depth for real.

During the activity period (February 10th to February 23rd), users can record the screen at any time, compare the current price with their actual transaction price, and apply for price difference subsidies when the ETH price difference is greater than US$0.2 or the BTC price difference is greater than US$2.

Example 1: At 13:48, you can see that the current price of ETH is $1615.66, and the transaction price is $1615.88 after opening a long position at the same time, 1615.88 - 1615.66 = 0.22, which is greater than 0.2, so you can apply for the slippage compensation allowance.

Example 2: At 20:16, the current price of BTC is $22836, and the price after opening a short position at the same time is $22835, 22836 - 22835 = 1, which is less than 2, so it does not meet the criteria to apply for the slippage compensation.

Event terms and conditions:

- This activity is applicable to the BTC/USDT and ETH/USDT USD-native contract.

- The screenshot video must show the action of clicking to open a position, and Wifi or cellular data with 3 bars or more.

- Provide the screenshots to WEEX Customer Service and we will assist with compensation review.

- WEEX reserves all rights to disqualify users suspected of fraudulent behavior from participating at any time.

- WEEX reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion, without prior notice.

- The final right of interpretation of the event belongs to WEEX.

When investors choose an exchange, the most important factor to consider besides the platform's strength and financial security is the trading depth, especially in the case of sudden market fluctuations or steep declines. A platform with good depth can maintain relatively stable coin prices when accepting large transactions, avoiding excessive volatility. On the other hand, a platform with poor depth can easily be pierced by a large number of one-sided orders, leading to the risk of blowout. If the trading depth is poor, it will result in a large slippage, and users who want to bottom fish or short at high positions often cannot buy/sell at their desired prices, either missing the opportunity to make money (limit order not filled) or having a significant difference between the actual transaction price and the desired price (market order filled), turning a potentially profitable strategy into a loss.

Therefore, in addition to basic conditions such as the platform's comprehensive strength and safety, trading depth is the most crucial competitive point for an exchange to win trust. WEEX is characterized by its strong trading depth and has established a liquidity center. In 2022, the platform completed the Liquidity 2.0 upgrade and has now become a leader in global exchange liquidity, with order thickness and spread better than most contract trading platforms such as Binance and Okex. With microsecond matching, zero slippage, zero piercing, and minimizing trading costs and liquidity risk, WEEX allows users to trade with peace of mind even in extreme market conditions and enjoy a smooth experience.

Below is a comparison of WEEX's trading depth with some top and secondary exchanges:

In addition to its industry-leading trading depth, WEEX has also been recognized by users for its comprehensive strength, safety, compliance, and service experience. In 2022, our futures trading business grew by 3000%.

WEEX was established with an investment of $100 million investment from top blockchain investment institutions in Singapore. Currently, we have more than one million registered users and an average daily contract trading volume of over 1.5 billion. The company's team is distributed all over the world, including Singapore, Taiwan and Dubai. Our engineers come from well-known incumbents such as Huobi and Bybit, with more than 10 years of blockchain development experience. All data on the platform is strictly stored in overseas databases, with servers deployed and backed up in multiple locations. Using Amazon Web Services AWS and Hong Kong CDN, which meet the security requirements of banks, WEEX provides the most professional, secure, and private trading services for global users.

In terms of compliance, WEEX has obtained MSB licenses in the United States, Canada, and SVGFSA, and is currently applying for regulatory licenses from various countries such as Australia, the Central Bank of the Philippines, Malta, and Malaysia

To protect users' funds, WEEX has established a 1000 BTC investor protection fund to effectively compensate for unexpected losses of user funds in the event of non-user-related causes, and publicly disclosed the hot wallet address of the investor fund, allowing users to trade with ease of mind.

As a trading user experience-focused platform, WEEX has launched features such as one-click copytrading, lightning trade opening, one-click reverse, stepped forced liquidation, etc. The one-click copytrading function allows users to easily follow professional traders with zero barriers, which is very friendly to new futures traders. It not only reduces the participation barriers, but also improves the trading success rate, and does not require monitoring, saving time and effort. Currently, WEEX has more than 5000 professional traders, and all trader data is all open and transparent, updated in real-time, and available for users to choose from.

If you are keen to become a WEEX Partner, do reach out to our Head of Global Expansion at [email protected]

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