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WEEX Launches 0-Fee Stock Token Trading with $100K Prize Pool

Crypto exchange WEEX has introduced zero trading fees for stock tokens, allowing users to trade tokenized equities without charges. To celebrate, the platform is offering a $100,000 prize pool for participants, encouraging engagement in the new asset class.

Original source

AI take

Zero-fee stock token trading is a notable escalation in the contest to onboard crypto-native users into tokenized equities, and WEEX is effectively buying volume with a prize pool rather than competing on liquidity or listings. The move matters most for exchanges still charging on tokenized products, since fee compression tends to spread once one venue anchors at zero. The open question is whether that activity persists after the incentive window closes, and whether stock tokens see genuine organic demand or remain a promotional vehicle.

Generated by AI for reference only.

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