WEEX, a leading global crypto trading platform, has officially announced that its native token $WXT, will be listed on the renowned exchange LBank on February 12, 2025. This strategic move aims to further enhance $WXT's liquidity in the global market, providing users with more seamless trading opportunities. Users will be able to trade WXT/USDT on LBank for an improved trading experience.
As the core token of the WEEX ecosystem, $WXT offers multiple utilities, including trading fee discounts, airdrop rewards, VIP membership benefits, and governance voting. On January 11, 2025, $WXT surged over 101% within 24 hours, reaching an all-time high of $0.0339, demonstrating strong market performance.
$WXT’s rapid growth is driven by WEEX’s strong expansion. In 2024, WEEX’s user base grew by 150% to surpass 5 million, securing a position among the Top 12 exchanges on CoinMarketCap. WEEX’s daily trading volume exceeded $5 billion, while the number of supported trading pairs expanded to over 1,500, significantly improving market liquidity. Additionally, WEEX appointed football legend Michael Owen as its global brand ambassador, strengthening its brand influence and accelerating its global market development.
Furthermore, WEEX has launched a quarterly buyback and burn mechanism, committing 20% of profits to repurchasing and burning $WXT. In the first round, 4 billion $WXT (40% of total supply, valued at over $120 million) were burned, reducing the total supply to 6 billion tokens, further increasing $WXT’s long-term value.
Andrew Weiner, Vice President of WEEX, commented:
"The listing of $WXT on LBank will further enhance its global liquidity and ecosystem impact. WEEX remains committed to optimizing $WXT’s utility, deepening its integration within both CeFi and DeFi, and delivering greater value to global users."
Following its previous listing on MEXC, this marks $WXT’s second CEX exchange listing, with LBank’s addition further broadening global trading channels and driving market liquidity and value growth. $WXT’s future market performance remains highly promising.
Company details
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OrganizationLBank
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Dan Burgin
Vladislav Sopov