WEEX Completes $1 Million WXT Buyback

Odaily reports that WEEX exchange has announced that the sixth round of its "Contract Mining" campaign ended on September 6. According to the previously disclosed WXT buyback plan, WEEX used its own platform funds to complete a public buyback of $1 million worth of WXT on the spot market on September 7-8. The buyback totaled 53,116,217 WXT at an average price of 0.018827 USDT/WXT.

"Contract Mining" is a Trade to Earn trading incentive campaign launched by WEEX for all users. During the campaign, users who participate in contract trading can receive real-time rebates of trading fees paid out in WXT, with a maximum rebate ratio of 35%. To give back to users for their support of the platform's campaigns and the WXT token ecosystem, WEEX completed this WXT buyback plan.