When Security Is Tested, True Responsibility Matters: Why WEEX Puts Users First
In crypto, security is not only about protecting assets — it is about taking responsibility for users. As a crypto exchange with 8 years of secure operations, WEEX believes that an exchange’s responsibility goes beyond providing a trading platform. It means standing with users, b
In crypto, security is not only about protecting assets — it is about taking responsibility for users. As a crypto exchange with 8 years of secure operations, WEEX believes that an exchange’s responsibility goes beyond providing a trading platform. It means standing with users, building transparent security systems, and creating safeguards that provide support when users need it most.
That is why WEEX established the 1,000 BTC Protection Fund — a dedicated safety mechanism designed to provide potential compensation support for certain eligible losses resulting from qualified security incidents beyond the user’s reasonable control. Because user trust is not built by promises alone. It is built by actions.
1,000 BTC Protection Fund: A Commitment to User Protection The WEEX 1,000 BTC Protection Fund represents WEEX’s long-term commitment to protecting user assets. The fund is: Fully backed by WEEX Strictly separated from operational funds Publicly verifiable through blockchain records Unlike ordinary security measures that focus only on preventing risks, a protection fund provides an additional layer of support when unexpected situations occur. For WEEX, protecting users means being prepared before problems happen.
It means taking responsibility and ensuring that users have a dedicated safety net when eligible security incidents occur. WEEX stands with users when protection matters most. Proof of Reserves: Transparency Users Can Verify Security starts with transparency.
WEEX maintains a Proof of Reserves system covering major assets, allowing users and third parties to independently verify reserve information through publicly available blockchain data. At the time of writing, published reserve ratios include: USDT: approximately 102% ETH: approximately 115% BTC: approximately 122% A reserve ratio above 100% in a specific published snapshot indicates that, at that time, on-chain assets exceeded corresponding user liabilities for those assets. By making reserves publicly
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