Do you have ideas or suggestions for changes? Then we look forward to your feedback! We make every effort to keep all metrics and information as up-to-date as possible. However, if you discover an error or outdated information, we would be delighted to hear from you.
Feel free to write to us:
Transferable to your own wallet
Self-custody of cryptocurrencies plays an important role for many users who want to manage their cryptocurrencies and thus their "private keys" themselves and not leave them in the hands of the exchange. Most exchanges offer the option of sending the purchased cryptocurrencies to their own wallet.
Deposit protection is a safeguard for the assets of users of a stock exchange or broker, which is intended to protect investors in the event of insolvency or a high loss due to a hacker attack. Service providers based in Germany are legally obliged to provide deposit protection of €100,000. In some cases, international exchanges have a special insurance policy that covers a certain portion of the assets instead of a deposit guarantee.
The overall rating is the average of our individual ratings. Our ratings do not constitute investment advice, but merely our personal opinion. You are welcome to use them as rough indicators and additional perspective. In the dynamic and fast-growing crypto sector, parameters can often change from one day to the next, so we cannot guarantee that the rating data is up to date. Therefore, please never use our ratings as an isolated basis for decision-making and not as a substitute for your own research.
This rating describes our personal assessment of the user-friendliness of the product. How easy is the onboarding process? How modern is the user interface and is it easy to use? Are all the important functions quick and easy to find? We ask ourselves all these questions in order to give a personal rating from 1 to 10 points.
This rating describes our assessment of the fee structure of a stock exchange or broker. It is not only the amount of fees that can differ, but also the type of fees. The most common type of fees for crypto exchanges are the "maker/taker" fees or spreads. In some cases, there are also hidden fees that are not recognizable to users at first glance.
For products or services in the crypto space, trust and security should be the biggest factors in the selection process. Since we could not seriously evaluate the technical security of a platform or product, we analyze publicly available factors such as security features, location, regulation, certifications, audits, team/company, general reputation and, of course, track record.
Crypto doesn't have to be cryptic. Especially for beginners, the first contact with the crypto world can be overwhelming. With this rating, we give our assessment of how easy it is for beginners to find their way around: from the onboarding process to using the most important functions.
Customer support is an important factor for many users. A long wait or no response at all in the event of problems can be frustrating, especially when it comes to sensitive topics such as finances. With this rating, we give our assessment of the quality of customer support. In order to provide as balanced an assessment as possible, we also include user opinions from other platforms in our evaluation.
Some exchanges and brokers are regulated by financial supervisory authorities in certain countries/states. This often entails strict financial regulatory requirements and compliance requirements to which the company must adhere. Regulatory clarity can contribute to greater transparency and thus also greater trustworthiness.
WEEX vs Hotcoin in comparison
Overview
WEEX was founded in 2018 and says it serves 6.2 million users across 150+ countries. It lists 1,173 crypto assets by our count and 1,022 perpetual futures contracts with up to 400x leverage. Spot trades cost 0.10% at the entry tier, and a 1,000 BTC protection fund sits in a public Bitcoin address.
- 1,173 crypto assets and 1,022 perpetual futures contracts
- Futures with up to 400x leverage, plus TradFi contracts on metals, stocks and oil
- Flat 0.10% spot fee at the entry tier; futures at 0.02% maker and 0.08% taker
- 1,000 BTC protection fund in a public address, and proof-of-reserves snapshots
- Copy trading with a published 10% profit share, and demo futures
- Not open to residents of the US, Canada and other countries its terms exclude
- No license named; registrations with FinCEN and FINTRAC only
- Proof of reserves without a named auditor
- In our view, built for experienced traders more than beginners
- 285 crypto assets and 585 perpetual futures contracts
- Spot fees of 0.2% at the entry tier, futures from 0.02% maker
- Copy trading, Earn, prediction markets and USDT-settled TradFi products in one account
- Self-published proof of reserves with an open-source verifier
- Free crypto deposits
- No licence we could match in a public register
- Leverage up to 200x makes losses fast and large
- Blocks access from Germany
- Protection fund pays only at Hotcoin's discretion
Features Comparison
- Cryptocurrencies
- Derivatives
- Cryptocurrencies
- TradFi products settled in USDT
0.1
%
0.10%
0.10%
₿
0.00016
0.2
%
0.20%
0.20%
₿
0.00003
1173
+
$
1
285
+
$
1
- Lower trading fees through VIP levels 1 to 7, reachable by holding WXT (VIP 1 from 5,000 WXT)
- Access to WE-Launch airdrops of newly listed tokens
- A higher commission share for copy-trading lead traders
Exchange Rating
Functions
- Up to 400x leverage on perpetual futures
- Copy trading of Elite Traders with a 10% profit share
- 1,000 BTC Protection Fund
- Lower VIP fee levels for WXT holders
- Copy trading
- Earn for staking and lending
- USDT-settled TradFi products on stocks, metals and forex
- Prediction markets
- Futures with up to 200x leverage on bitcoin
Company Details
Our Review
In our view, WEEX is a strong platform for active traders: 1,173 crypto assets, 1,022 perpetual futures contracts with up to 400x leverage, copy trading and a flat 0.10% spot fee at the entry tier. A 1,000 BTC protection fund and proof-of-reserves snapshots add transparency; WEEX names no license and suits experienced traders more than beginners.
Established Player vs Emerging Exchange
WEEX says it has 6.2 million users and offers 1,100+ cryptocurrencies, perpetual futures with up to 400x leverage, and copy trading. Its terms of use exclude users in the US and Canada.
Hotcoin lists 285 cryptocurrencies and operates from Sydney, Australia. Overall score: 7.1/10. Known for: clear trading view.
Platform Overview
WEEX launched in 2018 and has since built a platform targeting active traders who want flexibility and selection. The exchange lists over 1,100 cryptocurrencies across more than 1,600 spot trading pairs, tokenized stocks included. Perpetual futures contracts are available with leverage up to 400x, placing WEEX among the highest leverage offerings in the industry. The platform keeps a 1,000 BTC protection fund in a public Bitcoin address.
Hotcoin operates from Sydney, Australia with 285 cryptocurrencies available for trading. The platform emphasizes clear trading view. Users have noted: mixed user reviews.
Trading Features and Tools
WEEX provides spot trading and perpetual futures. The futures offering includes more than 1,000 contracts with leverage settings from 1x to 400x. Copy trading allows users to automatically replicate trades from other traders on the platform, which can be useful for beginners learning market dynamics, although it copies losses as well as gains. The charting interface integrates TradingView with 100+ technical indicators. Mobile apps are available for iOS (4.6/5 rating) and Android (3.9/5 rating).
Hotcoin offers 285 cryptocurrencies. The platform prioritizes accessibility with a simple interface. Advanced trading tools are limited compared to dedicated trading platforms. Additional strength: easy handling.
Fee Structure Breakdown
WEEX spot trading fees run 0.10% for makers and 0.10% for takers. Futures fees are 0.02% maker and 0.08% taker. Holding WXT can qualify you for lower VIP fee levels, from VIP 1 at 5,000 WXT. Deposits are free (network fees apply). Withdrawal fees vary by cryptocurrency; a Bitcoin withdrawal costs 0.00016 BTC.
Hotcoin's fee structure varies by account tier and trading volume. Note: slightly higher fees.
Account Verification and Privacy
WEEX accounts open with an email address or phone number. WEEX requires identity verification for certain products and account circumstances, for example before P2P trading or Auto Earn, and its daily withdrawal limits depend on your VIP level and on whether you have completed basic or advanced verification.
Hotcoin's verification requirements depend on the services accessed and withdrawal limits needed.
Security and Regulatory Standing
WEEX is registered as a money services business (MSB) with FinCEN in the United States and with FINTRAC in Canada; these are registrations, not licenses. Its terms of use nevertheless exclude users in both countries. The 1,000 BTC protection fund provides a security buffer for users. The platform employs standard security measures: two-factor authentication via SMS or Google Authenticator, cold storage for the majority of assets, and withdrawal address whitelisting. WEEX publishes proof-of-reserves snapshots but names no auditor.
Hotcoin maintains standard security practices.
Who Should Choose Which Platform
WEEX suits traders who want a large cryptocurrency selection (1,100+ coins), high leverage options (up to 400x) and copy trading functionality.
Hotcoin suits users who prioritize ease of use over trading power. The simpler interface reduces learning curve at the cost of advanced features. Good for those making occasional trades rather than active trading. Score: 7.1/10.
About the author
At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.
