Maximum Reward of 30% + $2M Buyback, WEEX Contract Mining Now Available
Source: WEEX
Recently, WEEX, a leading global cryptocurrency exchange platform, announced the launch of its first "Contract Mining" event from November 26 to December 15, 2025 — Contract Trading to Earn WXT. During the event, users participating in contract trading will receive up to a 30% fee rebate, with rewards being distributed in real-time in the form of the platform's ef="/wiki/article/token-259">token, WXT.
This event aims to reward users with the platform's growth dividend through an innovative "trading is mining" incentive model. Throughout the event, users will receive WXT rewards in real-time for each completed contract trade, providing a new trading experience of Trade to Earn.
Additionally, following the conclusion of the first Contract Mining event on December 16, 2025, WEEX will initiate a $2 million WXT buyback plan to enhance the token's deflationary effect.
Up to 30% Rebate, More Trades, More Rewards
The Contract Mining event introduced by WEEX incorporates a "Miner Level" mechanism, categorizing users based on their cumulative contract trading volume into six levels: Brass, Silver, Gold, Platinum, Diamond, and King. Each level corresponds to a different fee rebate percentage, with the highest being up to 30%.
This means that the larger the user's trading volume, the higher their Miner Level, resulting in a higher fee rebate percentage and more mining rewards.
This mechanism transforms the traditional "trade → pay fees" model into a "trade → mining rewards" incentive model. For users, this implies that trading is no longer just a cost but also carries potential rewards. The more users trade and the higher their Miner Level, the more substantial their mining rewards, leading to a corresponding reduction in trading costs.
Real-Time Rewards, Supports Instant Settlement
Setting itself apart from traditional mining events with delayed settlements, WEEX's Contract Mining supports instant settlement, ensuring rewards are received in real-time. After each contract trade (opening or closing) generating a fee is completed, the system promptly calculates the due reward and instantly disburses it in WXT.
Moreover, to enhance transparency, the WEEX website continuously updates the Contract Mining Leaderboard, allowing users to monitor their trading volume ranking and cumulative rewards at any time, providing clear visibility of earnings and ensuring a smooth and secure experience.
$2 Million Buyback Endorses, Making Mining Rewards More Valuable
To thank users for their support of the contract mining activity and to continuously enhance the long-term value of WXT, WEEX will launch a $2 million WXT buyback plan after the first phase of the activity ends (December 16, 2025). Please pay attention to the official announcement from WEEX for specific details.
Innovative Model Empowers WXT Ecosystem Value
Unlike many DeFi platforms' liquidity mining, WEEX's contract mining is fundamentally an innovative model of "transaction commission + rebate incentive." Through fee rebates, it not only effectively reduces users' transaction costs but also further expands the utility of the platform's token, WXT.
It is worth mentioning that WXT rewards obtained through trading do not require lockups or staking, do not tie up liquidity, have simple and very low entry barriers, and users can choose to withdraw or end transactions at any time, making it suitable for various types of contract traders to participate.
In addition, the accompanying $2 million USDT WXT buyback plan effectively avoids the common "mine-sell-dump" trap in traditional liquidity mining, realizing a positive growth flywheel of "more user trades → more WXT rewards → higher WXT value."
WEEX platform data shows that the issuance price of WXT is $0.01, with the highest increase since its launch in July 2024 exceeding 358%. On December 5, 2025, the latest price was $0.029178, an increase of about 192% from the issuance price; considering holder benefits such as WE-Launch new coin airdrops, WXT's comprehensive annualized return rate reaches 660.61%. According to CoinMarketCap data, as of December 5, WXT has seen a cumulative increase of 72.95% year-to-date, ranking in the Top 5 of CEX platform token YTD gains.
As the core of the WEEX ecosystem, WXT is committed to incentivizing exchange community partners, contributors, and active users. WEEX shares the platform's development dividends with the user community through WXT, binding more loyal users and partners to jointly build a thriving ecosystem.
WEEX is always dedicated to building a dual-driven ecosystem of "trading + incentives." Through innovative incentive mechanisms, it continuously attracts more global users to enhance platform liquidity and activity. In the future, WEEX will continue to explore diversified incentive models, further enhance platform competitiveness and trading experience, and create more value for users.
This article is a contribution and does not represent the views of BlockBeats.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.