Discovering WEEX Exchange: How to Authenticate Licenses from Three Nations
Selecting a secure, legitimate, and reliable trading platform is a crucial step in making investment decisions. This article takes WEEX Futures Exchange as an example to explore how to evaluate the legitimacy and reliability of an exchange, assisting users in steering clear of pitfalls associated with unscrupulous platforms.
WEEX Futures Exchange asserts its adherence to stringent compliance standards and holds valid operational licenses. Users can verify these licenses and compliance statements by visiting the official WEEX website.
Upon visiting weex.com, on the “Global Strategic Map” page, it is evident that WEEX Exchange holds licenses from the US MSB, Canada MSB, and (SVG)FSA. Additionally, applications for licenses from Australia, the Philippines’ central bank, and others are currently underway.
Let’s go through each verification step to see if they align with their claims.
US MSB Verification
To start, access the website of the US Financial Crimes Enforcement Network (FinCEN). Click on the “Money Services Businesses Information” query button, input “WEEX” in the “Legal Name” field, and click “Search.” This action will display the registration information for WEEX Exchange.
The compliance name, “WEEX INTERNATIONAL EXCHANGE LTD,” and its registered location in Aurora, Colorado (CO), are visible. Clicking on the company name provides a detailed PDF version of the MSB registration information.
Canadian MSB Verification
Access the website of Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC). Click on the “Money services businesses registry” link and input “WEEX” in the “Name” field. This action will reveal WEEX Exchange’s MSB registration information.
Click on “WEEX EXCHANGE” to view the details.
SVG FSA Verification
Access the official website of the Financial Services Authority of Saint Vincent and the Grenadines. Choose “Licensed Financial Institutions” and select “Entity Name Search.” Input “WEEX” to view the registration information for WEEX Exchange, with registration number 2824.
About WEEX:
WEEX is a futures trading platform emphasizing security and user-friendliness. Established in 2018, WEEX currently serves over one million users, with an average daily trading volume exceeding $1.5 billion. With secure overseas data protection and a skilled international team, WEEX actively expands its global strategic presence. It has obtained licenses from the US MSB, Canadian MSB, and Saint Vincent FSA, aiming to provide the most professional, secure, and privacy-oriented trading services to global users. To safeguard WEEX users’ funds, WEEX has set up a 1,000 BTC investor protection fund and publicly disclosed the hot wallet addresses of the fund.
Media Contact
Company Name: WEEX Exchange
Email: Send Email
Country: Singapore
Website: https://www.weex.com
