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WEX

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About WEX

Platform Overview

The design of the official site remained the same. All accounts which have been created by users on BTC are available.

Policy Changes

The changes which have happened on the platform concern first of all policy of Anti Money Laundering and Know Your Customer. These laws regulate the actions directed to prevention of washing of means.

Global Support and Restrictions

WEX.nz carries out support of clients worldwide. But in view of features of the legal framework of the financial sphere can't offer the service to the citizens living in territories of the following countries: USA; Bosnia and Herzegovina; Democratic People's Republic of Korea (DPRK); Ethiopia; Iran; Iraq; Sri Lanka; Syria; Trinidad and Tobago; Tunisia; Vanuatu; Yemen.

Key data

data refreshed every 10 minutes$3.05M / 24h
Trading pairs48
Founded2017-09-04T00:00:00.000000Z

WEX is a centralized cryptocurrency exchange (CEX) that appeared in 2017 as a rebranding of the well-known BTC-e platform after it was shut down by authorities. It offered spot trading in a range of popular cryptocurrencies and attracted users familiar with its predecessor. The platform's later history was turbulent, so anyone considering it should look into its current status carefully.

Frequently asked questions

What is WEX exchange?

WEX is a cryptocurrency trading platform that launched in 2017 as the successor to BTC-e, a popular exchange that was taken offline following a law enforcement operation. It inherited part of the former platform's user base and offered spot trading in major cryptocurrencies. Its reputation remains mixed due to its complicated background.

Is WEX a centralized or decentralized exchange?

WEX is a centralized exchange (CEX), meaning users' funds and order matching are managed by the platform itself rather than through on-chain smart contracts. This structure requires trusting the operator with custody of your assets. Centralized exchanges typically offer faster trading but carry counterparty risk.

When was WEX founded?

WEX was founded in September 2017, shortly after the BTC-e platform was seized. It was positioned as a relaunch of the older exchange under a new name and management. The exact ownership structure was never fully transparent, which added to community skepticism.

What should users pay attention to when dealing with WEX?

Given the platform's history, including regulatory issues tied to its predecessor and later reports of withdrawal problems, users should exercise significant caution. Check the exchange's current operational status and user reviews before depositing any funds. As a general rule, avoid keeping large balances on any centralized exchange you don't fully trust.

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